Trading Tips Blog

Shares of banking stocks jumped higher on Tuesday, as control of the U.S. senate looked likely to flip, indicating looser fiscal policy positions ahead. But one trader is expecting the trade to be short-lived for Deutsche Bank (DB). That’s based on the January 2023 $10 puts. With 733 days until that trade expires, over 1,420 contracts traded against a prior open interest of 122, for a 12-fold rise in volume. The trader paid $1.72 for the contract on average. Shares of Deutsche ...
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Augusta Investments, a major holder in Bullfrog Gold Corp (BFGC), recently added 6.5 million shares to their holdings. This represents a 6 percent increase. The fund paid about $1.5 million in total to add to this position. This marks the first insider trade in nearly two years. A company director bought 1.5 million shares of the company in early 2019, and insiders have been more active in 2018 and 2017. There have been no insider sales in the last three ...
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Analysts are upgrading shares of Apple (AAPL) ahead of earnings. Shares of the tech play are still off the highs set back in September, but look set to continue higher. While earnings day itself may play a wild card, so far, all the early indicators are for an earnings beat. The first hint is the company’s $1.8 billion in revenue on the App Store the week of Christmas, a record for the firm. Second, the company’s production numbers on the iPhone ...
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Blackstone Holdings, a major owner of Cheniere Energy (CQP), recently added to their stake with a 73,359 share buy. The total price came to just under $2.5 million, and represents a nearly 19 percent increase in the fund’s stake of the liquefied natural gas company. Blackstone has been a buyer through a number of various legal entities in the past year. One director has sold shares in the past year. Overall, insiders own just over 49.5 percent of the firm. Shares of ...
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Nothing moves in a straight line. For investors who make short-term bets on a company, this fact can produce large losses quickly. But for investors willing to play trends, waiting for a pullback on a stock in a long-term uptrend can prove worthwhile. That’s especially the case when a short-term drop has no apparent rationale behind it. That can happen fairly often in the tech space, as investors look to lock in profits quickly. That appears to be the case with QuantumScape ...
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Shares of Micron (MU) have trended up ahead of the company’s earnings report on Thursday. One trader sees shares continuing to move higher after earnings. That’s based on the February 2021 $85 calls. Over 15,940 contracts traded against a prior open interest of 608, making for a 26-fold rise in volume. The bet, expiring in 45 days, would need to see shares rise 9 percent to move in-the-money. Shares of the chipmaking giant are already at an all-time high after breaking through ...
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Shares of American Airlines (AAL) have outperformed the market in recent months, even with a more recent pullback. News of a Covid vaccine could mean a quick return to air travel. But at least one trader thinks the current move is overdone, and a pullback is likely. That’s based on the August 2021 $12 puts. Expiring in 227 days, and with shares at $15, the trade would move in-the-money on a 20 percent pullback in shares. The option saw over 10,100 contracts ...
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A number of companies were obvious beneficiaries from the pandemic. Work-from-home trends were the clear winners. But consumer spending changed in other ways as well. For instance, spending on business apparel dropped and sales rose on more comfortable apparel (especially items that wouldn’t be seen during a Zoom meeting). But despite the rising trend of athletic and leisure ware, many of these names have seen strong growth but a relatively poor stock performance. That seems to be the case with Under Armour ...
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