Trading Tips Blog

Tech stocks have performed exceptionally well in the past year. Pandemic-driven trends have pushed higher e-commerce, remote work, and other trends that play well to tech over other sectors. However, not all companies have gone along for the ride. A global chipmaker shortage has been an issue preventing physical technological products from being made. Another bottleneck? Networking infrastructure. But those trends are improving. One surprising winner here may be
Cisco Systems (CSCO). The company saw a slow year in 2020 as other tech ...
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Shares of casino operator
Penn Gaming (PENN) have been in a strong uptrend the past few months. Even with a slight pullback Monday, at least one trader sees shares continuing to trend higher. That’s based on the April 2021 $140 calls. With 66 days to expiration, over 9,700 contracts traded, a 51-fold rise in volume over the prior open interest of 190 contracts. Shares would need to rise about 15 percent from their current price of $122 for the trade to move ...
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Jochen Zeitz, President and CEO of
Harley Davidson (HOG), recently picked up 30,800 shares. The buy increased his holdings by nearly 14 percent, and came to a total cost of just over $1 million. Insiders have generally been sellers of shares two to three years ago, but in the past year, buyers have started to emerge, led in part by Zeitz. Shares of the company have rebounded from last year’s big drop, but are essentially flat over the past year. The company has ...
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Shares of electric vehicle giant
Tesla Motors (TSLA) have flatlined in recent weeks. However, at least one trader sees a massive potential move higher in shares, or a way to profit from the current sideways trend. That’s based on the April 2021 $800 and the April 2021 $850 call options. Over 46,000 contracts traded at the $800 strike price, a 110-fold rise in volume. The $850 calls saw a 34-fold rise in volume, also with over 46,000 contracts trading. Shares of Tesla ...
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The past year has seen a surge of e-commerce growth. While most may think of the sales of goods normally bought in stores, a number of other services are also available online. Companies that cater to small businesses growing online have seen tremendous growth from the increased online sales of both goods and services. That’s a trend likely to continue, which could be a big winner for a number of firms in the year ahead, even after a stellar year. One such ...
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Charles Ruffel, a director at
Charles Schwab Corp (SCHW), recently picked up 3,636 shares. The buy increased his stake by 23 percent, and the total cost came to just over $196,000. This marks the first insider buy at the company since last July. Insiders have been overwhelming sellers of shares, dominated by Chairman Charles Schwab, who is still substantial shareholder at the company. Overall, insiders own over 7 percent of shares. The brokerage firm has performed about in line with the stock ...
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Shares of
Bed Bath & Beyond (BBBY) were one of many companies caught up in the recent retail short squeeze. While shares have been volatile in recent days, at least one trader now sees shares as oversold, and likely to bounce higher. That’s based on the March 2021 $42 call options. With 42 days until expiration, over 8,060 options traded yesterday, a 52-fold rise from the prior interest of 166. With shares trading near $27, the share price would need to rise about ...
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Many heavily shorted companies are done so due to their weakness to potential bankruptcy. However, sometimes a company gets a heavy short interest without any apparent weakness. That still makes shares susceptible to a squeeze. That may be what happened last week with shares of
Tootsie Roll (TR). The confectionary firm saw its price soar to nearly $60 per share in intra-day trading, only to come back to its more recent price trend near $30. In hindsight, it’s easy to see why. Insiders ...
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