Trading Tips Blog

Shares of software intelligence company
Palantir Technologies (PLTR) have shed nearly half their value in the past few months. One trader sees the potential for a turnaround in the next month. That’s based on the February $10 calls. With 21 days until expiration, 28,052 contracts traded compared to a prior open interest of 140, for a staggering 200-fold increase in volume on the option trade. The buyer of the calls paid $3.00 to make the trade. With shares currently around $12.50, the $10 ...
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The semiconductor shortage remains a huge setback to global manufacturing and production. However, the industry as a whole stands to profit from the trend. So it’s likely to continue growing no matter what the stock market does in the short term. Earnings season is still in its early stages, but looks strong for companies in the semiconductor space, with strong sales, ongoing demand, and improving profit margins. One early winner from earnings season is
Texas Instruments (TXN). The semiconductor manufacturer beat analyst ...
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David Blundin, a director and major owner of
EverQuote (EVER) recently added 55,239 shares. The buy increased his holdings by just over 1.5 percent, and came to a total price of $812,000. This is the fourth time the director has been a buyer of shares since the start of 2022, with additional purchases of over 150,000 shares totaling nearly $2 million. Going further back, insiders have been more likely to be sellers of shares. Overall, insiders at the company own nearly 24 ...
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Shares of home improvement retail chain
Home Depot (HD) have slid sharply with the overall market in recent sessions. One trader is willing to bet that shares are ready to move higher. That’s based on the March $390 calls. With 49 days until expiration, 13,811 contracts traded compared to a prior open interest of 386, for a 36-fold rise in volume. The buyer of the calls paid $4.75 to make the trade. The stock recently traded closer to $360, so it would take ...
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When the going gets tough, traders have a number of opportunities to take advantage of. They can look to invest in prospective mergers, where a market selloff may have depressed prices that may quickly snap back. Another possibility is to buy into beaten-down names where activist investors are getting involved as well. That could allow for a big upside when markets move higher again. One such trend may be underway with consumer goods giant
Unilever (UL). The stock jumped nearly 9 percent on ...
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Mark Haney, a director at
Phillips 66 Partners LP (PSXP), recently bought 1,623 more shares of the company. The buy increased his holdings by 5 percent, and came to a total price of just over $72,000. Another director paid about the same amount the same day, picking up 1,630 shares. This adds to a steady stream of buys from insiders throughout the past three years, with no company insider selling shares over that time. Overall, insiders own over 74 percent of shares. The ...
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Shares of graphics processing company
Nvidia (NVDA) have been hit hard with the recent tech market selloff. One trader sees share reversing higher in the next month. That’s based on the February $235 calls. With 23 days left until expiration, 9,309 contracts were traded compared to an open interest of 304, for a 31-fold gain in shares. The buyer of the options paid $15.23 to make the trade. Shares of the company recently went for just about $235, making this an at-the-money ...
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Investors looking for bargains in today’s market have their pick right now. This may be a good time to look at companies that dominate their industry now, as a rebound will likely make a leader prohibitively expensive to buy later. With a market drop heavily focused on the tech space, this may represent the best opportunity for buying big tech names for some time to come. One such opportunity right now is
Amazon (AMZN). While shares fared well during the pandemic, the stock ...
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