Trading Tips Blog

Mantle Ridge LP, a major holder of Dollar Tree (DLTR), recently added 738,862 shares. The buy increased the fund’s position by 7 percent, and came to a total cost of $99,281,000. This is the first insider buy since September, when a company director bought 1,650 shares, paying just under $174,000. DLTR shares are up about 30 percent since then. Company insiders have been mixed over the past two years, with buyers exceeding sellers. In total, DLTR insiders own 0.3 percent of ...
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Bitcoin mining data center operator Cipher Mining (CIFR) has been on a tear this year, with shares up nearly 700 percent. One trader sees a pullback playing out in the months ahead. That’s based on the June 2024 $2.50 puts. With 176 days until expiration, 3,418 contracts traded compared to a prior open interest of 104, for a 33-fold rise in volume on the trade. The buyer of the puts paid $0.55 to make the bearish bet. Cipher shares recently traded just ...
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Stocks have had a strong year in 2023. But the past few weeks has seen stocks start to rotate. The big-cap tech stocks that dominated returns for most of the year are slowing down. Other sectors are starting to lead. That suggests that investors may fare well investing with companies that have been underperforming lately. They could see above-average returns, and help keep markets trending higher. One underperforming stock this year has been Berkshire Hathaway (BRK-B). The conglomerate is up 16 percent compared ...
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William Beattie, a director at Baker Hughes (BKR), recently bought 4,000 shares. The buy increased the director’s stake by 30 percent, and came to a total cost of $89,368. This is the first insider buy since July 2022, when another company director bought 10,000 shares at a similar price. Otherwise, company executives have been regular sellers of shares, mostly following the exercise of stock options. Overall, Baker Hughes insiders own 0.1 percent of shares. The oil and gas equipment services company is ...
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Specialty insulation producer Aspen Aerogels (ASPN) is up 27 percent over the past year, slightly beating out the overall stock market. One trader expects further outperformance in the coming half year. That’s based on the July 19th $22.50 calls. With 204 days until expiration, 7,013 contracts traded compared to a prior open interest of 180, for a 39-fold rise in volume on the trade. The buyer of the calls paid $1.50 to make the bullish bet. Aspen shares recently traded for about ...
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As the stock market got mauled by the bear in 2022, one sector held its own: Energy. The trend has reversed in 2023, as the sector has been whipsawed by fluctuating oil prices. But there’s another twist to this trend. And understanding it will help investors navigate moves into 2024. While energy prices have been declining even as OPEC nations have cut their production, this new trend hints at the profits available now. That trend is the rise of U.S. oil ...
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Nicholas Gangestad, a director at Nucor (NUE), recently bought 1,000 shares. The buy is an initial position for the director, and came to a total cost of $176,609. This is the first insider buy since a major holder added $6.6 million worth of shares back in August. Otherwise, company executives have been moderate sellers of shares this year, including the company’s CEO and COO. Overall, Nucor insiders own 0.7 percent of shares. The steel producer is up 28 percent in the past ...
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Processed food producer Campbell Soup Company (CPB) has had a rough year, with shares down 25 percent. One trader sees further weakness into the first month of 2024. That’s based on the January 19, 2024 $41 puts. With 24 days until expiration, 3,498 contracts traded compared to a prior open interest of 104, for a 34-fold rise in volume on the trade. The buyer of the puts paid $0.40 to make the bearish bet. Shares recently traded near $43, so they would ...
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