Trading Tips Blog

CEO makes six-figure buy.
Thomas Vetter, president and CEO at
Cars.com (CARS), picked up 11,000 shares recently, increasing his total share stake to just under 270,000 shares, making for a 4.5 percent increase in his total holdings at the company. At a price of around $9.60 per share, the buy came out to just over $105,000, a sizeable amount considering the company’s $650 million market cap. Cars.com operates a digital marketplace bringing together buyers and sellers of cars. The company has over 5 million ...
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Bet on rally in Brazilian ore play in next month.
The October 4th $12.50 call options in
Vale (VALE) saw heavy trading recently. With shares around $11.80, the option is a bet on shares moving another 6 percent higher in the next 22 trading days before expiration. Over 3,750 contracts on this option traded against a prior open position of 100, making for a 37-fold surge in volume on the trade. With a cost of just $0.16, or $16 per contract, it’s an inexpensive ...
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Multiple insiders buy this week. In the past week, multiple insiders have been buyers at
At Home Group (HOME). That includes a 4,000 share buy by the company’s Chief Development Officer, a 64,000 share buy from the CEO and President, a 6,400 share buy from the COO, a 21,000 share buy from a director, and a 10,000 share buy from the company CFO. These buys have all occurred in the past few days, and represent over $750,000 of purchases from insiders on the ...
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Straddle trade bets on shares moving sideways in next month. October 18th $35 call options on
TAL Education Group (TAL) saw 6,100 contracts trade, on the same day 6,200 $35 put options traded on the same company for the same strike date. The overall type of trade looks like a straddle—where the trader is betting on shares to trade around that price. With a cost of around $2.18 for the put and $1.20 for the call, creating the overall position may have ...
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President & CEO makes a 32,000 share buy.
Cigna Group (CI)
President & CEO David Cordani picked up 32,509 shares recently. The buy increased his stake in shares to over 357,500 shares, and the recent purchase cost just over $5 million. Insiders at the company have largely been sellers year-to-date, albeit in smaller amounts of a few hundred to a few thousand shares at most. And Cordani recently sold 27,000 shares in March at a price just 6 percent higher. Cigna Corporation is ...
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Bet on double-digit drop in shares by February.
The January 2020 $16 put options on
Hanesbrands (HBI) saw nearly 7,000 contracts trade, a 28-fold surge in volume over the prior open interest of 243. With shares trading around $15, the option is particularly unusual in that it is an in-the-money bet on shares remaining under $16 between now and January 17th, 129 days away. With a cost of $2.10 per contract, nearly $1.00 of that is in-the-money. In order for the option to make ...
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Senior VP buys nearly $100k in shares.
Kyle Larkin, a Senior Vice President at
Granite Construction (GVA), picked up 3,500 shares of the company, increasing his stake by nearly 73 percent. The cost came to just under $100,000. Insiders have been net buyers, and data shows that in the past year, corporate insiders have gone from owning 1.8 percent of the company to 2 percent, a small but important increase. Granite Construction is in the business of infrastructure contracting and construction materials productions ...
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Multiple insider buys over past few weeks.
Multiple insiders have been buying shares of Cleveland-Cliffs (CLF) in the past few weeks. Directors John Baldwin, Eric Rychel, Ann Harlan and Robert Fisher have been buyers, as well as CFO Keith Koci. Overall, since the start of August, insiders have picked up over 60,000 shares, paying close to $8 per share on average, with the total coming out to over half a million dollars in insider buys. With the company’s share price around $7.50, ...
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