Trading Tips Blog

Shares of for-profit prison firm
The Geo Group (GEO) saw a massive jump in shares, with the stock price moving as much as 50 percent higher at times on Wednesday. At least one trader sees further jumps in shares likely in the next week. That’s based on the June 18th $20 calls. Over 12,200 contracts traded against a prior open interest of 110, for a similar 110-fold rise in volume. The buyer of the options paid about $0.23. With shares under $9, in ...
Read More About This

The past few years has held the promise of untold riches from a powerful tech trend named 5G. Simply the latest cell network, 5G enables faster processing and download speeds, and a greater network capacity given the rising number of pieces of tech connected to the internet. While there have been some winners and losers in the space over the past few years, it’s taken a backseat to other tech trends. But that may be changing. Top 5G play
Qualcomm (QCOM) is a ...
Read More About This

Social media giant
Twitter (TWTR) saw its shares drop heavily in late April, closing out a bearish chart signal. Now, shares are trending up again, and one trader sees the potential for a new all-time high this summer. That’s based on the August $80 calls. With 71 days until expiration, over 11,444 contracts traded, a 113-fold jump in volume from the prior open interest of 111. With shares just under $60, it would take a 33 percent rally for the option to ...
Read More About This

Bryant Riley, Chairman and Co-CEO of
B. Riley Financial (RILY), recently bought 33,316 additional shares. The stake increased his holdings by nearly 0.6 percent, and came to a total purchase price of just over $2.2 million. Riley has been a repeat buyer so far this year, with additional buys back in January when shares traded nearly 40 percent lower. Other company insiders have also been buyers in the past year, and only one insider sale has occurred in the past three years. The ...
Read More About This

While some tech CEOs have warned that a shortage of semiconductors could continue to impact a number of industries through the end of 2022, many companies in the space are seeing favorable business conditions as a result. That’s been seen in recent company announcements in the sector and is now even starting to percolate into company earnings. The latest firm?
Marvell Technology (MRVL), which reported a solid quarter and issued strong guidance for the second quarter. The company topped $1 billion in quarterly ...
Read More About This

Shares of investment bank
Goldman Sachs (GS) have fared well in the past year thanks to a strong stock market, a rise in investment and IPO activity, and low interest rates. One trader sees the potential for a pullback, however. That’s based on the July $375 puts. Expiring in just over one month, over 5,840 contracts traded against an open interest of 134, for a 44-fold rise in volume. The buyer of the puts paid about $7.63 to make the trade. With shares ...
Read More About This

Stephen Guthrie, CFO at
Hawthorn Bancshares (HWBK), recently bought 3,000 additional shares. The buy increased his stake by nearly 59 percent, and came to a total purchase price of just over $71,500. This follows up from purchases by two company directors last month, totaling nearly $500,000 across three transactions. Over the past three years, company insiders have been steady buyers with no insider sales. Insiders own just over 6 percent of the bank. Shares of the Missouri-based bank are up 21 percent ...
Read More About This

With markets focused on tech plays, favorite short squeezes by masses of retail players, and other potential news-driven events, the relative boredom of dividend investing seems to have passed the market by. That’s creating some pockets of opportunity. Only a handful of companies came through 2020 with their dividends intact… or even increasing. Investing in these companies for the long haul may sound boring, but a dividend boost can sometimes lead to a short-term boost in shares too. One such company is
Clorox ...
Read More About This