Trading Tips Blog

Sandeep Mathrani, a director at Dick’s Sporting Goods (DKS), recently added 1,300 shares. The buy increased his stake by 16 percent, and came to a total cost of $147,602. This marks the first insider buy at the company since May 2022. Insiders, including the company CEO and the CFO, have been regular sellers of shares, at prices both above and below the current price. Overall, company insiders own 3.4 percent of shares. The sports equipment retailer is up 7 percent over ...
Read More

Construction equipment manufacturer Caterpillar (CAT) has been on a tear, with shares hitting a new all-time high in recent sessions. One trader sees the rally continuing in the coming months. That’s based on the November $310 calls. With 77 days until expiration, 25,633 contracts traded compared to a prior open interest of 415, for a 62-fold rise in volume on the trade. The buyer of the calls paid $4.25 to make the bullish bet. Shares recently traded around $280, so they Read More

Retail stocks have been an out of favor sector with the market this year. Consumer spending on goods has dropped. And there’s been a rise in retail theft leading to higher levels of inventory loss, known in the industry as shrinkage. However, some companies could fare better than others going forward, and those that can improve on earnings and keep inventory low could give investors a great return in the months ahead. Electronics retailer Best Buy (BBY) has fared poorly this ...
Read More

Chris Ruble, COO at Forward Air Corp (FRWD), recently bought 1,433 shares The buy increased his stake by 5 percent, and came to a total price just under $100,000. The buy came about a week after five different company directors bought shares in the 500 to 5,000 share range, with the largest buy coming to $321,650. Other company insiders have been active buyers earlier this year. The last insider sale occurred in May 2022. Overall, insiders own about 1 percent of ...
Read More

Mobile security system developer BlackBerry (BB) surged higher last week on a rumor that the company was going to be bought out. One trader is betting that the rumor is false and shares will trend lower in the coming weeks. That’s based on the September 22 $5 puts. With 23 days until expiration, 8,407 contracts traded compared to a prior open interest of 292, for a 29-fold rise in volume on the trade. The buyer of the puts paid $0.30 to ...
Read More

While most stocks have pulled back in the past month, they still look strong relative to last year’s lows. However, some companies have specific issues at play that are keeping them from being near their highs. Understanding why a company can be out of favor with the market can lead to a great investment opportunity, if bought at the right time. Companies facing temporary legal problems, for instance, could be solid winners when they rebound. That could be the case with 3M ...
Read More

William Nettles, a director at Overstock.com (OSTK), recently bought 10,385 shares. The buy increased his stake by 25 percent, and came to a total cost of $50,644. This marks the first insider buy at the company since last November, when Overstock’s CEO bought 4,000 shares. Two company directors have sold shares following the exercise of stock options, and the company’s CTO and General Counsel have also sold shares this year. Overall, insiders own about 1.3 percent of the internet retailer. Shares are ...
Read More

Fuel cell developer Plug Power (PLUG) is down over 70 percent in the past year as EV related stocks have fallen out of favor. One trader sees a further decline in the next six months. That’s based on the March 2024 $5 puts. With 199 days until expiration, 5,003 contracts traded compared to a prior open interest of 239, for a 21-fold rise in volume on the trade. The buyer of the puts paid $0.35 to make the bearish bet. Plug Power ...
Read More