Trading Tips Blog

Ark Invest ETF, the top-performing tech fund of the past year, recently released its latest holdings. The fund picked up 497,100 shares of
Palantir Technologies (PLTR), increasing its stake to 1.93 million shares. The ETF has picked up a number of interested traders and investors, given the fund’s incredible performance in 2020, led by the fund’s largest holdings in companies such as
Tesla Motors (TSLA) and
Grayscale Bitcoin Trust (GBTC). Ark has an excellent long-term track record, but last year’s shoot-out-the-lights performance has turned the ...
Read More About This

Richard Sorota, an Executive Vice President at
Perrigo Company (PRGO), recently started a stake with a 7,513 share buy. The total cost of that buy came to just over $326,000. This marks the first insider buy of 2021. Insiders were mostly buyers in 2020 as well, although a few C-suite executives sold at prices lower than where shares trade today. Overall, insiders own just under 1 percent of shares. While insiders have a somewhat mixed trading records, shares of the manufacturer of ...
Read More About This

Shares of electric vehicle manufacturer
Nio Limited (NIO) saw a modest decline. With shares still in an uptrend and near all-time highs, it’s no surprise that at least one trader sees a move higher. That’s based on the activity in the December 2022 $100 calls. With 700 days until expiration, the option would require shares to move nearly $40 higher from their current price near $60. Over 4,900 contracts traded, a 35-fold rise in volume from the prior open interest of 139. The ...
Read More About This

As far back as 2017, analysts were calling for the death of retail, particularly with mall-related names. As e-commerce and big box stores increased their market share, the traditional mall seems to have died out. Covid didn’t help either. Yet many of these names have moved higher in the past few months. That’s partly market optimism, and partly these stores pivoting towards online sales as well. But the trend may be playing out. The poster child for this phenomenon is
Urban Outfitters (URBN) ...
Read More About This

Robert Bondurant, President and CEO of
Martin Midstream Partners LP (MMLP), recently bought 1,158 shares. That increased his stake by 1 percent, and came to a cost of $1,600. He was also joined by director Ruben Marin, who bought 1,172 shares at the same price, increasing his holdings by 0.03 percent. Insiders have been regular buyers of shares at the small-cap energy producer in the past year, often in small amounts of a few hundred to a few thousand shares at a ...
Read More About This

Shares of big-box retailer
Target Corporation (TGT) have rallied in the prior weeks. Yesterday, the company reported a strong holiday season with double-digit same-store sales. One trader sees shares moving even higher. That’s based on the July 2021 $230 call options. With shares around $197, it would mean a further 17 percent rally in shares in the next 183 days. Over 2,100 contracts traded against a prior open interest of 147, for a 20-fold rise in volume. The option buyer paid about $5.85 ...
Read More About This

One common investment theme is a reversion to the mean. That’s a fancy way of saying that stocks that have outperformed the market will often come back down. And stocks that have underperformed the market will have their time to shine. With a big rally in tech now spreading to energy and the banks, a number of stocks have still avoided making new all-time highs. One area in particular looks interesting thanks to its low expectations: The defense sector. It’s a space ...
Read More About This

Shares of vehicle manufacturer
General Motors (GM) surged higher on Tuesday following the announcement of electric delivery vehicles. At least one trader sees shares moving higher. That’s based on the January 29th $55 calls. With 16 days until expiration and with shares at $48, the trader is betting on shares moving 10 percent higher this month on the news. Over 13,150 contracts traded against a prior open interest of 205, for a 64-fold increase in volume on the trade. The trader paid about ...
Read More About This