Trading Tips Blog

Database software company Oracle (ORCL) sold off heavily on Tuesday, following weak guidance in its most recent earnings report. One trader is betting on a partial rebound in the coming days. That’s based on the September 29 $115 calls. With 15 days until expiration, 5,959 contracts traded compared to a prior open interest of 110, for a 54-fold rise in volume on the trade. The buyer of the calls paid $0.88 to make the bullish bet. Shares recently traded just under ...
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Investors can often get caught up in tech trends before they move past the drawing board. That can lead to some stocks getting overvalued, and others getting undervalued. In the chipmaking space, companies developing AI chips have seen all the attention. But existing chipmakers that can still deliver critical chips outside the AI realm can also be valuable. And buying them now may give investors an edge going into the end of the year. For instance, wireless communications chip company Qualcomm (QCOM) ...
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Mary Dillon, President and CEO at Foot Locker (FL), recently added 5,510 shares. The buy increased her stake by 4 percent, and came to a total cost of $100,117. Dillion previously bought over 22,000 shares back in March, paying just under $751,000 to do so. Since then, there have been no other insider transactions. Back in February and into 2022, insiders were largely sellers of shares, including company executives as well as a major shareholder. Overall, insiders own 1.7 percent of ...
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Shares of stock exchange owner Intercontinental Exchange (ICE), are up about 10 percent over the past year, just slightly edging out the overall stock market. One trader is betting on a further rally into next year. That’s based on the January 2024 $180 calls. With 128 days until expiration, 2,807 contracts traded compared to a prior open interest of 110, for a 26-fold rise in volume on the trade. The buyer of the calls paid $0.10 to make the bullish bet. Shares ...
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Investors don’t like uncertainty. They tend to give a company a lower valuation when its future outlook appears grim. That could occur for a variety of reasons, such as a series of poor earnings reports. Or there could be some kind of tax or legal overhang on shares. Resolving those issues could benefit shares. Besides providing an immediate boost, it could also set up a stock for a longer-term move higher. Investors who buy after the uncertainty immediately disappears can still ...
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Felicia Hendrix, CFO at Penn Entertainment (PENN), recently bought 11,162 shares. The buy increased her stake by 66 percent, and came to a total cost of $250,140. The buy comes a few weeks after a director bought 20,000 shares in August, paying just over $453,000 to do so. Otherwise, two directors sold shares earlier in the year, with one of those sales coming from an options exercise. Overall, company insiders own 0.8 percent of shares. The casino and sports content company is ...
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Beverage and snack food giant PepsiCo (PEP) is slightly up over the past year, although shares have been sliding in recent sessions. One trader is betting on a continued decline in the next two months. That’s based on the November $170 puts. With 66 days until expiration, 11,152 contracts traded compared to a prior open interest of 309, for a 36-fold rise in volume on the trade. The buyer of the puts paid $2.26 to make the bearish bet. Shares recently Read More

With stocks showing some seasonal weakness, investors may want to turn from volatile big-name companies near their highs. Instead, it may be time to look at stocks that are well off their highs, and could be set up for a strong year-end rally. Some companies in tech fit the bill. With the market’s interest in artificial intelligence-related stocks, the big winners could come from other tech trends that are still unfolding. For instance, this could be the first year that over ...
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