Trading Tips Blog

Even when inflation rates weren’t rising at multi-year highs, prices for some goods have been rising far higher than the national average. One of the biggest areas with increasingly higher prices has been in drug costs. Enter Walmart (WMT). The retail giant is now offering a private-label insulin. The diabetes drug is priced at nearly 50 percent lower than brand names, potentially saving users thousands of dollars per year. The company’s ReliOn NovoLog brand of insulin vials and pens has started ...
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Kevin Spain, a director at Doximity (DOCS), recently bought 775,000 shares. The buy came to a total cost of just over $20 million, and represents a new stake for the director. The move comes as another director sold nearly 4.3 million shares, netting over $105 million. While that may sound extreme, the company just went public last week. Full insider data isn’t available yet, but it still appears substantial in its initial post-IPO period. Doximity operates a cloud-based digital platform for ...
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Shares of home improvement retailer Home Depot (HD) slid to around $300 per share in recent weeks before starting a strong bounce higher. One trader sees that trend continuing into the next week. That’s based on the July 9 $330 calls. Over 14,880 contracts traded against a prior open interest of 136, for a 109-fold surge in volume. The buyer of the calls paid about $0.68. With shares around $318, they would need to rise another 4 percent in a week in ...
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Big tech companies have been in the spotlight over a number of their business practices. While the jury is still proverbially out on more regulation for big tech, one judge recently threw out a lawsuit against Facebook (FB). The lawsuit was an FTC complaint regarding a number of antitrust complaints, given the company’s anti-competitive nature. Shares of the social media firm rallied on the news, allowing the firm to hit a $1 trillion market cap for the first time. There’s likely room ...
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Luxor Capital Group, a major owner of FinTech Acquisition Group V (FTCV), recently added to their stake with a 63,904 share buy. The buy increased the firm’s stake by 1.8 percent and came to a total price of $761,000. That follows on a number of other buys in the month of June, adding nearly 500,000 shares in total by the fund. One other major holder has also been a buyer since the company went public, with no insider sales. FinTech Acquisition ...
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Shares of travel booking firm Expedia (EXPE) have been trading in a range for the past few months, but saw a drop to the bottom of their range on Monday. One trader sees the opportunity for a strong rebound in the months to come. That’s based on the November $180 calls. With 142 days until expiration, over 13,894 contracts traded hands, a 121-fold jump in volume from the prior open interest of 115. The buyer of the calls paid about $13.80 ...
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With inflation running at annualized rates near 5 percent right now, the notion of locking up money in a 10-year government bond that pays just 1.5 percent seems ridiculous. But rather than go all the way up the risk scale, investors looking for income can find better starting  yields and even find opportunities to grow that income over time. But instead of the bond markets, those with a multi-year time horizon will likely do best with dividend growth stocks. With many companies ...
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Shares of consumer apparel giant L Brands (LB) have been in a strong uptrend over the past six months. One trader sees the possibility of a further move higher in the coming days. That’s based on the July 9 $77 calls. Expiring in 10 days, over 3,820 contracts traded against an open interest of 125, for a 31-fold rise in volume. The buyer of the calls paid about $0.72 on average. Shares of L Brands last traded near $72, so shares would ...
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