Trading Tips Blog

Shares of semiconductor company
Photronics Inc (PLAB) have been generally moving higher over the past few months, but with some volatile spikes in shares. One trader sees the potential for a further move higher. That’s based on the December $12.50 calls. With 155 days until expiration, over 4,273 contracts traded, a 36-fold rise in volume from the prior open interest of 117. The buyer of the calls paid $1.92 on average to make the trade. With shares near $13, the calls are slightly ...
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The entertainment industry has been hit hard thanks to the pandemic. While many areas are resuming in-person forms of entertainment once again, the best gauge for how the industry is faring is by looking at box office receipts. While movies have declined somewhat in the past few years thanks to video games and streaming, it’s starting to show signs of a return to a pre-pandemic life. Case in point?
The Walt Disney Company (DIS). The company just reported its latest release, Black Widow, ...
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Light Street Capital, a major owner of
TPG Pace Beneficial Finance Group (TPGY), has added an additional 251,907 shares. The total cost to acquire those shares came to just under $3.3 million. This marks the first insider buy since last March, from a different fund manager that’s a major holder of shares. Overall, these two funds have been the only insiders to make any activity, and they’ve exclusively bought more shares. Overall, institutions own over 62 percent of shares. TPGY is a ...
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Shares of digital advertising firm
The Trade Desk (TTD) have started moving higher in recent weeks after dropping and bottoming out in early May. One trader sees the potential for shares to head higher from here. That’s based on the August $75 calls. Over 61,475 contracts traded against an open interest of 2,050, for a 30-fold rise in volume. The buyer of the calls paid about $7.50 to make the trade, which expires in 37 days. The buy was made as shares traded ...
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Historically, most companies focused on one product or service. That eventually saturates the market. Today’s tech companies, particularly software ones, are able to break that cycle with new products or better upgrades to existing software. Companies that also pivot to other opportunities can create big value for themselves and shareholders as well. That’s why so many of today’s big tech names have continued to increase in value, even as some of them have become multi-trillion-dollar companies. One up-and-comer for this club is
Oracle ...
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Chatham Asset Management, a major holder of
R.R. Donnelley & Sons (RRD), has bought another 185,000 shares recently. The buy increased the fund’s stake in the company by nearly 1.75 percent, and came to a total purchase price of just over $1.1 million. This adds to the fund’s purchases of shares from May and June. In total, over the past few months, the fund has bought over 2.4 million shares, and is the sole insider to make any changes. The fund was also ...
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Shares of office real estate investment trust (REIT)
Boston Properties (BXP) have generally been rising over the past few months. One trader sees a continued rally in shares. That’s based on the November $130 calls. With just over 4 months until expiration, 5,000 contracts traded against a prior open interest of 138, for a 36-fold rise in volume. The buyer of the calls paid about $2.20 for the trade. With shares around $117, they would need to rise $13, or about 11 ...
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Sometimes, a company will be caught in a virtuous loop, where its rising share price attracts analyst upgrades. In turn, the shares rise again, prompting more analysts to turn bullish. While that can sometimes end up looking a little silly in hindsight, for the right company, it may be a sign that growth is taking off. That could be the case with a big growth story in the markets right now, especially when the virtuous cycle leads a company back to ...
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