Trading Tips Blog

While the pandemic created a number of unexpected challenges, it’s created a number of opportunities as well. Slashing interest rates to zero has led to an explosion in a number of areas, most notably real estate. While some markets are struggling, overall, housing prices are on the rise, and look set to continue to do so. Within that trend, an exodus of population from densely-populated cities to the suburbs is likely to increase demand for higher-end luxury-home building as well. That sounds ...
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James Filler, a major owner at
Century Bancorp (CNBKA), recently added 1,509 shares to his holdings. The buy came to just over $118,000, and increased his total holdings by 0.18 percent. This follows off a few smaller buys from company officers since the start of the year. Filler was a heavy buyer in 2020 as well. Overall, insiders are steady buyers, and also own over 27 percent of shares. Shares of the small-cap bank are still down about 12 percent over the ...
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Shares of
Enphase Energy (ENPH) have tripled since August. At least one trader sees room for shares to nearly double again in the coming months. That’s based on the May 21st $320 calls. Over 7,690 contracts traded against a prior open interest of 111, for a 69-fold gain in volume. Expiring in 122 days, shares would need to rise 67 percent from their current price near $190 to move in-the-money. The trader paid about $10.95 for the options. Over the past year, shares have ...
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Creating a vaccine in under a year is a tremendous achievement. The next difficult step? Making sure it gets out where it needs to go in a timely manner. So far, the rollout has some hitches. Vaccines sit on shelves. Some need refrigeration and have a short lifespan to be used. Potential wastage is high. That’s where company with expertise in organizing a global supply chain can help. One company is rising to the occasion with a partnership to roll out ...
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Shares of
Bank of America (BAC) had a relatively slow day, as other large banks reported their earnings. But at least one trader sees shares heading higher when BAC reports earnings next week. That’s based on the February 5th $37.50 calls. With share around $33, it would require shares to pop nearly 10 percent to move in-the-money. But the trader paid just 13 cents on average for the trade, so it could be good for a big rally, even if it ends ...
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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 ...
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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 ...
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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 ...
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