Trading Tips Blog

Insiders buy at consumer goods company after short report. Matthew Farrell, President and CEO of
Church & Dwight (CHD), picked up 7,000 shares recently, shelling out nearly $500,000 to do so. The move increased his stake in the firm by nearly 5 percent. He was joined by director Ravichandra Saligram, who picked up 1,500 shares, paying just over $70,000 to do so, and increasing his stake by 3.5 percent. The buys come after a report that suggest the company overpaid for recent acquisitions ...
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Bet on decline by year-end.
The December 20th $6.00 put options on
NovaGold Resources (NG) saw a 23-fold surge in trading, going from 158 open contracts to over 3,700. With shares of the gold mining operation at $6.30, it’s a bet that shares will decline by at least 5 percent between now and the end of the year. Shares of the company are up 65 percent year-to-date thanks to a strong rally in gold, so such a move is easily possible. At only $0.40, ...
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CEO, director add to insider buys this year. CEO Amit Kumar and director Lewis Titterton have been buyers at
Anixa Biosciences (ANIX). The CEO bought 10,000 shares, increasing his holdings in the company by 6 percent, paying over $41,000. The director bought 15,000 shares, increasing his holdings by 2 percent, paying over $61,000. Insiders, including other directors at the firm, have been steady buyers at the company in the past year, with no insider sales in the past year. Insiders have bought near ...
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Bet on oil giant rallying more through Friday.
Friday’s $41 call options on
British Petroleum (BP) saw heavy trading as the oil market shot higher. With just three trading days until expiration, over 128,992 contracts of the option traded at an average price of $0.14. With an open interest of 3,500 contracts, this is a near-37-fold increase in volume on the trade. Shares of BP surged to $39 in trading, so the trade is a bet shares can move another $2, or about ...
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Insiders make first buy in 14 months.
Director William Albrecht recently added to his stake at
Halliburton (HAL), with an 8,000 share buy. The purchase doubled his total stake to 16,000 shares, and cost over $154,000 to make the buy. This is the first insider buy at the company in 14 months, following a series of sales by insiders at prices anywhere from 28 to 49 percent higher than current prices. Halliburton provides various products and services to the oil and natural gas ...
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Bet on railroad firm getting back to 52-week high.
The February 2020 $77.50 call options on
CSX Corp. (CSX) saw 2,000 contracts trade, an 18-fold increase over the prior open interest of 114. With shares of the company around $72.21, the option will trade in-the-money if shares rise at least 7.3 percent between now and February. With a price of $2.53 per contract on average, the call buyer will need to see shares trade closer to $80 to make a profit come expiration. As ...
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There are a lot of ways to make money in the market. But even if you find that rare company that can move ten-fold and provide one of the best profits of your lifetime, that will take time.Most investors get impatient. Trading Tips’ Andrew Packer explains why you should be looking at blue-chip bargains ...
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October put buying suggests shares will remain weak. The October 18th $12 put options on
New York Community Bancorp (NYCB) saw an unusual amount of trading volume with over 8,700 contracts trade against a prior open interest of 268, a 32-fold rise in volume. With shares around $13.30, the $12 put option will close in-the-money if shares fall more than 10 percent in the next few weeks, making a sizeable percentage decline. New York Community Bancorp is a regional bank headquartered in New York ...
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