Trading Tips Blog

Shares of industrial rental and leasing firm
Fortress Transportation and Infrastructure Investors (FTAI) have been in a downtrend since June. One trader sees a rebound ahead, if not already underway given the rise in shares in recent sessions. That’s based on the April $28 calls. With 124 days until expiration, over 13,450 contracts traded against a prior open interest of 236, for a 57-fold jump in volume. The buyer of the calls paid $1.50 for the trade. Shares recently traded around $24, so ...
Read More About This

The concept of the metaverse has been around for a while. However, the past few months have seen a few big names starting to shift into the space. There’s plenty of room for many companies to work in the space, whether in providing hardware, software, or ancillary services such as currencies. But one company that’s already dominating in one industry is looking to do the same in this new digital world. That company is
Meta Platforms (FB), which was recently renamed from its ...
Read More About This

Enrique Lores, a director at
PayPal Holdings (PYPL), recently added 2,770 shares. The buy increased his stake by over 325 percent, and came to a purchase price of just under $500,000. This buy comes after another director bought 1,547 shares back in late November, paying nearly $289,000 to do so. And a third director picked up 9,780 shares for just under $2 million at the start of November. Insiders have otherwise been sellers over the past three years. Overall, company insiders own Read More About This

Shares of retail giant
Walmart (WMT) sold off heavily in recent weeks, but have started to rebound. One trader sees that trend continuing through the holidays. That’s based on the December 31 $147 call. With 22 days until expiration, over 11,750 contracts traded hands compared to a prior open interest of 172, for a 68-fold surge in volume. The buyer of the calls paid $0.45 to make the trade. Shares recently traded around $138.50, so a strike price of $147 would require a ...
Read More About This

Retail is a tough business, with low profit margins and cranky customers who expect a lot for the least amount of money. With the rise of a new Covid variant and high inflation rates, the space may not seem like the most attractive going into what’s usually the best few weeks of the year for retail companies. Fortunately, there are a number of safe-haven plays in the space, largely in big-box stores offering consistent and low prices for customers. With economic fears ...
Read More About This

Patrick Doyle, a director at
Best Buy (BBY) recently picked up 20,000 shares. The buy increased his holdings by 63 percent, and came to a total purchase price of just under $2.1 million. This marks the first insider buy at the big-box retailer in over three years. Company insiders have generally been big sellers of shares, particularly company executives thanks to stock compensation. Even with the large amount of insider selling over the past few years, insiders do own just over 10 ...
Read More About This

Shares of automotive dealership
Vroom Inc (VRM) have been in a steady decline over the past year, as a parts shortage has made new vehicle production costly and led to a shortage of used vehicles. However, one trader sees room for a rebound ahead. That’s based on the January 2023 $20 calls. With 408 days until expiration, over 15,095 contacts traded against a prior open interest of 202, for a 75-fold jump in volume. The buyer of the calls paid $2.95 to make ...
Read More About This

Markets don’t just react to events, they over-react. That means that a stock in an uptrend may head far higher than expected in a rally. Or a stock that’s selling off may get too oversold as stop losses keep getting hit, setting off new waves of selling. Earnings season can sometimes cause some larger-than-expected moves in a stock if there’s a miss on either earnings or forward outlook. The latest example is
DocuSign (DOCU). Shares dropped 42 percent in trading on Friday, after ...
Read More About This