Trading Tips Blog

Shares of utility provider
PG&E Corporation (PCG) have been trending down since last November. One trader sees the potential for a big spike upwards. That’s based on the January $14 calls. With 158 days until expiration, over 16,030 contracts traded against a prior open interest of 287, for a 56-fold rise in volume. The buyer of the calls paid about $0.25 to make the trade. With shares of the company just over $9, the option would move in-the-money on a 50 percent jump ...
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The past few years has seen an explosion in companies going public through the IPO process. Most are successes, seeing shares immediately rise as they start trading. However, there have been a number of companies that have initially slid from their opening price, creating what’s called a “failed IPO.” Some companies have been able to recover in time, most famously social media giant
Facebook (FB) which had a failed IPO when it first went public. The most recent failed IPO?
Coinbase (COIN). The cryptocurrency ...
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RA Walker, a director at
ConocoPhillips (COP) recently bought 22,500 shares. The stake represents an initial buy for the director, and came to a total cost of just under $1.5 million. This marks the second insider buy since May at the company. As with many large cap companies, a number of insiders are also sellers, although the total insider activity has been rather small overall over the past two years. Overall, company insiders own just 0.1 percent of company shares. The stock is ...
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Shares of commodity producer
Lithium Americas (LAC) have been somewhat rangebound over the past few months, but have started to trend higher in recent days. One trader sees that trend continuing. That’s based on the September $25 calls. With 36 days until expiration, over 15,585 contracts traded against an open interest of 290 for a 54-fold rise in volume. The buyer of the calls paid about $0.45 to make the trade. Shares have recently risen to around $18, so they’d need to rally ...
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The only constant in the world is change. Companies that have been around for decades (or even over a century) need to either adapt or die. Some companies are getting the message that if they want to stay relevant tomorrow, they need to make changes today. Big tech companies have fared well in this regard, expanding into new areas and new technologies. But other large companies are making moves too. One surprising play has been
Walmart (WMT). The retailer has expanded online to ...
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Joseph Nowicki, a director at
Lumber Liquidators (LL), recently picked up 5,033 shares. The buy increased her stake by over 41 percent, and came to a total purchase price of just under $100,000. This follows up from a 2,500 share buy from the company CEO earlier in the month, at a total cost of $50,000. Overall, company insiders have been buyers going back to 2014. Company insiders own about 3.2 percent of shares. The home improvement retailer has seen shares declines nearly 11 ...
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Shares of social media giant
Snap (SNAP) have been trending stronger in the past year, with a further jump after beating earnings last week. One trader sees the chance of a continued move higher in the next month. That’s based on the September 3 $82 calls. With 22 days until expiration, over 7,815 contracts traded against a prior open interest of 146, for a 53-fold jump in volume. The buyer of the calls paid about $1.57 to make the trade. The stock has ...
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With the stock market at all-time highs, investors can either jump in at high prices, look for value trades, or focus on great companies trading at reasonable prices. That last category has been strong for strategies such as dividend growth. More companies continue to raise their dividends, signaling a return to normal, or at least that a company can thrive during a pandemic. One of the latest companies to announce a dividend increase is
Papa John’s International (PZZA). The pizza giant has had ...
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