Trading Tips Blog

1 2Traders should take advantage of market fears to buy these names on sale. We’re firm believers that investing is most successful when it’s most businesslike. One way to do that is to find companies that are attractively valued, and then buy them when they’re on sale. It’s a lot like buying groceries and taking advantage of the occasional offer that allows you to stretch your dollars further. Of course, in the real world, it’s tough. Our emotions come into play. But we need ...
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President & CEO adds to stake.Christian Brickman, President and CEO at Sally Beauty Holdings (SBH), recently bought 7,650 shares. The buy cost just under $95,000, and increased his shares by 1.8 percent. This marks the second insider buy at the company this year, following a director buy of 9,000 shares earlier in the month. Insider activity at the company over the past three years shows large numbers of insider buys on a regular ...
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Trader bets on further decline on coronavirus pandemic.  With the global economy set to slow thanks to the coronavirus, traders are hedging their bets. One is betting that United Parcel Service (UPS) will continued to decline from here. That’s based on the 15-fold rise in volume on the April $97.50 put options. From 320 open contracts, over 4,900 recently traded hands. The bet expires in 51 days. It is less than one dollar out-of-the-money thanks to the current share price just ...
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CEO and director add to insiders picking up shares here. Gregory Heckman, CEO at Bunge (BG) recently bought 37,180 shares. That buy increased his holdings by nearly 40 percent. The cost of the purchase came to just under $2 million. He was joined by director Erik Fyrwald, who bought 3,750 shares. His total buy came to just under $200,000, and he increased his holdings by nearly 55 percent. This comes on top of insider buying by the company CFO ...
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Major owner continues to add to stake.Randall Williams, a major holder and director at Enterprise Products Partners (EPD), continues to add to his stake. In February, he has bought in 50,000 share increments on 13 different trading days. That’s a total of 650,000 shares. Each daily buy of this nature costs just over $1.3 million. Insider data shows these buys are dwarfing all prior buys and sells in the past few years at ...
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Trader bets on rally through April.April 3rd call options with a $70 strike on Gilead Sciences (GILD) recently saw an 18-fold rise in volume, going from 117 open contracts to over 2,100 trade hands. The bet, expiring in 38 days, is that shares will head higher. As shares are around $69.50, the bet is almost at-the-money, and could move dollar-for-dollar higher with shares. The buyer of the option paid about $2.71 per contract, so shares would need to get over $72.70 at ...
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March 27th $22 call options on
Barrick Gold (GOLD) saw a 32-fold rise in volume lately, going from 103 open contracts to nearly 3,300. The bet, expiring in 32 days, will move in-the-money if shares rise just over $1.15 from their current price, or about 5.5 percent higher. The buyer of the options also paid about $0.38, or $38 per contract to make the trade. They’ll need to see shares move 7.3 percent higher in the next month. The interest in gold continues after ...
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Chief Legal Officer makes $800,000 buy.
Joseph Podwika, Chief Legal Officer at
Bunge (BG), recently picked up 15,000 shares. The buy came to just over $800,000, and represents a new position for the insider. This marks the first insider trade of the year. In 2019, insiders were active, with one sale of nearly 1,800 shares, but insider buys of over 300,000 shares. Looking back further, insiders were sellers in 2017, at far higher share prices and in smaller amounts. Bunge, a ...
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