Trading Tips Blog

Working Capital Advisors, a major holder of
Stitch Fix (SFIX), recently picked up 500,000 more shares. The buy increased the fund’s stake by nearly 4.4 percent, and came to a total price of just under $8.2 million. This adds to a number of buys from the fund over the past two months, including a pickup of nearly 3.4 million shares in mid-December. These buys have occurred as shares have had a major slump in the past year. Overall, company insiders own about 3.5 ...
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Shares of energy producer
Northern Oil & Gas (NOG) have more than doubled in the past year. One trader sees that trend continuing as energy prices continue higher. That’s based on the June $30 calls. With 143 days until expiration, 2,577 contracts recently traded compared to an open interest of 108, for a 24-fold jump in volume. The buyer of the calls paid $1.45 to make the trade. With a current share price near $23, shares would need to rally a further ...
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Microsoft (MSFT) made its biggest acquisition offer yet, with the proposal to buy
Activision Blizzard (ATVI) at $95 per share. Judging by how the share prices of both companies have moved, the market isn’t quite satisfied that such a merger will go through. However, a few other names in the video game space have had a selloff on the news. Whether a deal pans out between the two companies or not, these other firms will likely recover in time and continue to ...
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Peter Orthwein, a director at
Thor Industries (THO), recently picked up 10,000 shares. The buy increased his holdings by just over 1 percent, and came to a total purchase price of just over $985,000. This follows up on a similar 10,000 share buy back in December from the same director. In the meantime, a second director picked up 500 shares for just over $50,000 on December 27. Overall, insiders own about 4.4 percent of the company. Shares of the RV manufacturer have shed ...
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Shares of uranium mining giant
Cameco (CCJ) have had a stellar year thanks to a strong commodity market and rising uranium prices. One trader sees that trend continuing in the first half of this year. That’s based on the June $32 calls. With 146 days until expiration, 6,041 contracts traded compared to a prior open interest of 179, for a 34-fold increase in volume. The buyer of the calls paid $0.85 to make the trade. With shares last going for about $22, the ...
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The Nasdaq has started off the year with an un-seasonal decline, and one that’s leaving the index looking at a full-blown correction of 10 percent off the most recent highs. While the length and depth of any pullback is unknown, markets do tend to rebound in time—and tech-heavy stocks tend to be the fastest to start to move higher. Investors who embrace a “buy the dip” mentality towards key tech names can best take advantage of any inevitable market selloff. One such ...
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Melissa Weiler, a director at
Jefferies Financial Group (JEF), recently bought 4,000 shares. The buy doubled her holdings, and came to a total price of just under $150,000. This is the second buy from the director since last July, when other insiders, including the company President, were buyers as well. Otherwise, company insiders have largely been sellers of shares in sizeable blocks over the past three years. Overall, insiders own just under 24 percent of the company. Shares of the investment banking conglomerate ...
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Shares of gold mining giant
AngloGold Ashanti (AU) have lost nearly half their value since July 2020. One trader sees that trend continuing this year. That’s based on the November $13 puts. With 302 days until expiration, 6,389 contracts traded compared to a prior interest of 156, for a 41-fold rise in volume. The buyer of the puts paid $0.68 to make the trade. With shares currently around $18.50, shares would need to drop another 30 percent between now and November for the ...
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