Trading Tips Blog

Daniel Springer, President and CEO of
DocuSign (DOCU), recently added 18,700 shares to his holdings. That increased his stake by 1.1 percent, and came to a total price of just over $2.4 million. This is Springer’s third buy in the past few weeks, following a 1,076 share pickup for $152,000 on December 9, and a 33,675 pickup for $4.87 million on December 7. That’s amid the sale of shares from other company insiders and directors. Overall, insiders own 2.2 percent of company ...
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Shares of video game publisher
Take-Two Interactive (TTWO) dropped sharply on Monday as the company announced the merger offer for a rival. One trader sees shares recovering in the next two months. That’s based on the March $150 calls. With 63 days until expiration, 13,207 contracts traded against an open interest of 442, for a 30-fold jump in volume. The buyer of the calls paid $9.85 to make the trade. With shares right around $149, this is an at-the-money trade, which should head ...
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The start of 2022 has seen interest rates start to quickly rise in anticipation of the Federal Reserve tightening monetary policy this year to help curb inflation. Rising interest rates are good for some companies, but can create tough situations for other companies. One such area is housing. Low interest rates tie into mortgage rates, and essentially how much of a home that one can afford. Other areas of the housing market are also impacted as well. Homebuilders are in the spotlight ...
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Durable Capital Partners LP, a major owner of
Warby Parker (WRBY), recently added 407,615 shares to their stake. The buy increased the fund’s holdings by nearly 4 percent, and came to a total price of just over $17.5 million. That’s on top of a number of buys the fund made last year, including a 75,677 share buy back in mid-December for just over $3.3 million. Among other insider trades, the company co-CEO and a director have been sellers since the company went ...
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Shares of insurer
Aflac Incorporated (AFL) outperformed the overall stock market in the last year. One trader sees the possibility of that outperformance continuing in the next few months. That’s based on the May $65 calls. With 127 days until expiration, 18,815 contracts traded compared to a prior open interest of 316, making for a 60-fold jump in volume. The buyer of the calls paid $2.08 to make the trade. With shares at a 52-week high around $63, it would only take ...
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While the Omicron variant threw a wrinkle into the economic recovery, it’s now been a few months. And some in-person events have been cancelled or scaled back as a result, but it’s becoming a rarer and rarer phenomenon. That points towards further gains in the travel and tourism sector, which already saw big gains in the past year. Simply put, consumers want to get out, explore the world, and spend money on new places and experiences. One area where this will likely ...
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Martin Wygood, a director at
Forian inc (FORA) recently bought 14,573 shares. The buy increased his holdings by 0.6 percent, and came to a total purchase price just over $115,000. He was joined by another director, Stanley Trotman, who picked up 7,500 shares, increasing his stake by nearly 7 percent, for a total price of $60,000 exactly. The two directors have been steady and consistent buyers over the past few months. Overall, insiders own 42.7 percent of shares. Since going public early last ...
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Shares of oil and gas pipeline company
Kinder Morgan Inc (KMI) have been rangebound over the past year, but are in an uptrend right now. One trader sees that trend continuing in the next few weeks. That’s based on the February 11 $18 calls. With just over 30 days to trade, 24,200 contracts traded compared to a prior open interest of 180, for a 135-fold jump higher in volume. The buyer of the calls paid $0.23 to make the trade. The company has ...
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