Trading Tips Blog

Pharmaceutical chain Walgreens Boots Alliance (WBA) has been in a strong uptrend for months. Shares spiked higher last week before starting to decline, but at least one trader sees shares continuing to trend higher. That’s based on the March 2021 $57.50 calls. With 46 days left until expiration, over 17,470 contracts traded, a 34-fold rise in volume from the prior open interest near 500. The buyer of the contracts paid about $1.02 on average. With shares around $50, the price will need ...
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William Davis, Chairman of the Board at Norwood Financial Corp (NWFL), recently picked up 1,800 shares. The buy increased his stake in the regional bank by nearly 4 percent, and came to a total purchase price of just over $45,000. This marks the first insider buy of the year. However, a number of company directors were active buyers late last year. A number of C-suite executives have been mild sellers in the past year as well. Overall, insiders own 4.5 percent ...
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The overall stock market dropped last week amidst a deluge of corporate earnings. Among a sold-off name is an industrial giant that has been making some modern pivots. While sales dropped last year, the company managed to grow earnings year-over-year. Even better? The firm gave a buoyant outlook that indicated a move towards higher growth in the year ahead. The firm? Honewell (HON). It’s a name best known for air conditioning equipment and other “old-school” industrial products. The company is making big ...
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Robert Swan, CEO of Intel (INTC), recently picked up 27,544 shares. The buy increased his holdings by nearly 6 percent. The total cost of the buy came to just over $1.5 million. This marks the first buy at the company since October, also by Swan. Insiders have generally been steady sellers of shares over the past few years, as befits the stock-based compensation of a large company in the tech space. Shares of Intel are down 20 percent over the past ...
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Traders looking for other short-squeeze alternatives to GameStop (GME) are turning their eyes toward silver. Why? The commodity is seeing lower annual mining production, while demand for it increases thanks to a variety of uses in electronic components. Meanwhile, big banks are able to play the silver market by selling contracts, earning a small amount on each trade, but making millions of trades. The disconnect between this paper market and the physical metals market has grown extreme. This idea isn’t new. It ...
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Oil and gas exploration company Continental Resources (CLR) has seen shares soar in recent sessions, and is in a general uptrend. One trader sees the move continuing over the next few weeks. That’s based on the March 2021 $30 calls. With 49 days until expiration, over 7,300 contracts traded against a prior open interest of 148, for a 50-fold rise in volume on the trade. The trader paid about $1.30 for each contract. Shares trade around $22, so the option would require ...
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Jason Few, CEO of FuelCell Energy (FCEL), recently added 11,000 shares to his holdings. The buy increased his stake by 98 percent, and the total buy came to just under $200,000. This marks the first insider transaction since late 2018. Insiders have exclusively been buyers of shares looking at data going back to 2013, paying as much as 4 times more than the current price of shares. Insiders own just under 4 percent of shares. Shares of the stationary fuel power ...
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For the first time in five years, Amazon (AMZN) isn’t the reigning global brand. Rather, the title is going back to a name that had it before. The company? Apple (AAPL). It’s the ultimate consumer tech play. While the company can be derided for coming up with small improvements in its tech every year, a rabid fan base and a growing services division continues to reward shareholders. The company’s increased investment in streaming, electric cars, and other trends have already allowed it ...
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