Trading Tips Blog

David Crush, a director at Southwest Airlines (LUV), recently bought 5,000 shares. The buy increased his stake by 36%, and came to a total cost of $150,150. He was joined by two other directors, who each bought about 3,250 shares, paying just under $100,000 each to do so. Going further back, there were some other insider buys from company directors into 2024, with one sizeable insider sale from an activist investment firm. Overall, Southwest insiders own 0.4% of shares. The low-frills airline ...
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Advertiser software platform AppLovin Corporation (APP) is up over 330% in the past year, although shares have recently pulled back with the overall market. One trader sees a rebound back to old highs toward the end of the year. That’s based on the November $500 calls. With 247 days until expiration, 6,400 contracts traded compared to a prior open interest of 168, for a 38-fold rise in volume on the trade. The buyer of the calls paid $29.90 to make the ...
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The current market selloff has hit high-flying AI plays hard. And shifting market sentiment may keep many AI players, particularly in the hardware space, from making new highs anytime soon. However, the software side is different. That’s because new software upgrades can be rolled out as they’re made. And companies incorporating AI tools can roll those out immediately too. Combined with a recurring-revenue model, it could make software-related AI plays the winner for the next upswing in tech stocks. One sign of ...
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Corie Barry, CEO of Best Buy (BBY), recently bought 13,500 shares. The purchase increased her stake by 4%, and came to a total cost of $984,420. This marks the first insider pickup at Best Buy over the past two years. Barry was even a seller of shares back in September, at a price over $20 higher from the current level. Most insider sales were direct sells, although a few included a mix of option exercises. Overall, Best Buy insiders own 8.8% ...
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Frozen potato producer and distributor Lamb Weston Holdings (LW) is down over 50% in the past year. With food prices starting to fall on a year-over-year basis, one trader sees further downside ahead. That’s based on the July $42.50 puts. With 122 days until expiration, 17,609 contracts traded compared to a prior open interest of 159, for a massive 111-fold rise in volume on the trade. The buyer of the puts paid $2.20 to make the bearish bet. Lamb Weston shares recently ...
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AI-related stocks have rallied the hardest over the past two years. So it’s not surprising that they’ve also declined the fastest in the latest market pullback. However, AI stocks have sold so quickly and so heavily that they’re now looking oversold. Markets could see anything from a V-shaped bounce, to a gradual recovery to new all-time highs if the news cycle gets less pessimistic. In the short-term, a bounce in stocks could be an ideal time to buy some AI plays. That ...
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Tarang Amin, a director at JM Smucker Co (SJM), recently bought 875 shares. The buy increased his position by 46%, and came to a total cost of $100,511. Amin was the last insider to buy in February 2024, with a similarly-sized 900-share buy. Otherwise, there have been a few moderate insider sales over the past year, including sales from both the CEO and CFO, with the CEO selling off about 4% of his holdings. Overall, JM Smucker insiders own about 2.9% ...
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Credit service provider Discover Financial Services (DFS) is up 33% over the past year, and just fell 20% off its recent highs. One trader sees shares trending lower over the coming weeks. That’s based on the April $150 puts. With 31 days until expiration, 7,400 contracts traded compared to a prior open interest of 146, for a 51-fold rise in volume on the trade. The buyer of the puts paid $7.80 to make the bearish bet. Discover shares recently traded for about ...
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