Trading Tips Blog

Shares of semiconductor firm Advanced Micro Devices (AMD) have been in a strong uptrend, particularly after reporting its latest earnings numbers a few weeks ago. One trader sees the possibility for a further move. That’s based on the September 3 $119 call options. With 9 days until expiration, over 13,880 contracts traded against an open interest of 268, for a 52-fold jump in volume. The buyer of the contracts paid about $0.68 on average. With shares around $109, they’d need to rally ...
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One of the biggest trends of the past few years has been the rise of companies using cloud-based services. That bypasses the need for a company to run its own data centers, and has created some powerhouse firms. However, in the short-run, fears of slow growth can lead to major selloffs in cloud-based companies, which in turn can spell a long-term entry point for patient buyers. Case in point? Snowflake (SNOW). The cloud storage giant has seen its shares shed one-third of ...
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JAB Holdings, a major holder at Krispy Kreme (DNUT), recently added 234,748 more shares to their holdings. The buy increased the company’s stake by 0.35 percent, and came to a total purchase price just over $3.37 million. This buy follows up on a number of insider buys back in July, including a 294,118 share buy from the company’s chairman of the board. Overall, company insiders own nearly 45 percent of company shares. There have also been no insider sales since the ...
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Shares of casino giant Caesars Entertainment (CZR) have been steadily declining since early June. However, one trader see the possibility for a strong rebound. That’s based on the December $125 calls. With 115 days until expiration, over 20,015 contracts traded compared to an open interest of 186, for a 108-fold jump in volume. The buyer of the calls paid about $1.27 to make the trade. Even with the recent decline, the casino company has seen shares rise 85 percent over the ...
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A number of companies are synonymous with certain eras. From General Motors (GM) in the 1950s or International Business Machines (IBM) in the 1960s, these companies have changed with the times, but aren’t quite as big a player in their industries as they once were. Kicking off the tech bubble of the 1990s, Cisco Systems (CSCO) was best known for making internet routing equipment. Shares have finally topped their early 2000 peak in the second half of 2021. But it’s also become ...
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Christopher Lapointe, CFO at SoFi Technologies (SOFI), recently bought 3,500 shares. The stake increased his position by 1.3 percent, and came to a total valuation of about $49,000. That follows on two buys from the company CEO earlier last week, who bought 14,300 shares in total at a price of about $200,000 in total. These three buys constitute all the insider activity since the company went public on June 1. Overall, company insiders own about 26 percent of shares. The financial services ...
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Shares of department store chain Macy’s (M) rallied last week on news that the retailer would carry pop-up toy shops under the Toys “R” Us brand. One trader sees that trend continuing in the weeks ahead. That’s based on the September $21 calls. With 25 days until expiration, over 104,965 contracts traded against a prior open interest of 2,165, for a 49-fold rise in volume. The buyer paid about $1.80 to make the trade. The trade was made as shares topped $21.50, ...
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Before Apple (AAPL) invented the iPod, the company controlled about 10 percent of the PC market at its peak. That didn’t generate huge business. But by reinventing towards having the most user-friendly consumer tech, and some software behind it, the company managed to become a multi-trillion-dollar behemoth. Other companies are making similar pivots today, finding new lines of businesses with higher profit margins and growth potential. One such play? BlackBerry (BB). Known for its phones before the iPhone grabbed the bulk of ...
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