Trading Tips Blog

Shares of Korean ecommerce site Coupang (CPNG) have been trending down since going public, having lost about 25 percent of their IPO price. One trader sees that turning around in the months ahead. That’s based on the January $55 calls. With 170 days until expiration, over 12,530 contracts traded against a prior open interest of 443, for a 28-fold jump in volume. The buyer o the calls paid about $1.30 to make the trade. Shares have traded as high as $69 ...
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Bond investors have been on a wild ride over the past year. Yields have fluctuated between around 0.5 percent and 1.75 on a 10-year US Treasury. While that entire range is historically low, the changes in those rates also create wild swings in bond prices. And with yields so low, there’s a type of company that stands out in the market today. That type of company is the dividend growth stock. These are a small group of companies that can grow the ...
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Juan Luciano, President and CEO of Archer-Daniels Midland (ADM), recently picked up 16,790 more shares. The buy increased his stake by over 1.35 percent, and came to a total price of just under $1 million. This is the second buy of the year, following a buy from a company senior vice president back in March. Otherwise, insiders have mostly been sellers over the past year, including a large cluster of sales last October, at far lower prices than were shares trade ...
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Shares of Delta Air Lines (DAL) have been trending down since April, and have seen some big drops on some days depending on Covid variant fears. One trader sees the trend reversing in the coming weeks. That’s based on the November $43 calls. With 108 days until expiration, over 10,025 contracts traded against a prior open interest of 324 for a 39-fold rise in volume. The buyer of the call options paid about $2.17 to make the trade. Shares of the airline ...
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Last week saw a large number of companies reporting earnings for the second quarter of the year, as well as a strong GDP report. The most important data? The fact that the US economy has now surpassed its pre-Covid levels. There’s still a long way to go, especially among lower-income workers. But the trend also points to more profits ahead in one key sector. That sector? Financial services, especially credit card spending. Mastercard (MA) reported solid numbers last week, hitting $4.5 billion ...
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Palmer Proctor, a director at Brown & Brown Inc (BRO), recently bought 2,000 shares. The buy increased his stake by over 5.5 percent, and came to a total purchase price of just under $110,000. This is the second insider buy of the year, following a 10,000 share buy from another director in January. That buy is already up 26 percent. Overall, company insiders in the c-suite have been net sellers over the past 3 years. Overall, company insiders own over 17 ...
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Shares of energy giant ExxonMobil (XOM) have traded about in line with the energy sector in the past few months. First, shares saw a huge rise on rising oil prices, then were hit in recent weeks on the latest OPEC news. One trader sees the starting recovery in shares to continue. That’s based on the August $64 calls. Expiring in 18 days, over 18,720 contracts traded against an open interest of 143, for a 131-fold explosion in volume. The buyer of the ...
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With a large number of companies reporting this week, hundreds of firms have been updating their shareholders. A lot of attention has gone into mega-cap names, particularly in the tech space. But any company in any sector that’s a leader and showing earnings growth right now could be an attractive investment. That’s doubly true for any company that’s been growing over the past few quarters and has gotten some momentum going. One such non-tech name is McDonald’s (MCD). The company beat second ...
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