Trading Tips Blog

Ruth Porat, a director at Blackstone (BX), recently bought 376 shares. The buy increased her stake by 1%, and came to a total cost of $61,926. Porat is a quarterly buyer of shares, and last bought in November, picking up 217 shares at a cost of less than $37,000. Otherwise, the company’s general council sold off 9% of his holdings for $7.45 million. Going further back, there’s been a similar mix of buyers and sellers. Overall, Blackstone insiders own 1.2% of ...
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Alternative protein producer Beyond Meat (BYND) has been in a multi-year downtrend, with shares down over 40% in the past year. One trader sees further downside in the weeks ahead. That’s based on the March $5 puts. With 24 days until expiration, 12,527 contracts traded compared to a prior open interest of 284, for a 44-fold rise in volume on the trade. The buyer of the puts paid $1.30 to make the bearish bet. Beyond Meat shares recently traded for about $4.00, ...
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Earnings season is entering its tail end. Most companies have beat on earnings expectations. However, some companies have beat on earnings but saw shares sell off. Why? Because of more cautious guidance. When companies offer guidance, it sets expectations for the next few quarters. But many companies tend to be conservative with their guidance. So, when shares sell off following cautious guidance, the longer-term trend tends to be higher as earnings grow over time. Recently, retailer Walmart (WMT) offered cautious guidance, as ...
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Michael Mahoney, a director at CVS Health (CVS), recently bought 30,000 shares. The buy increased his position by a massive 190%, and came to a total cost of just over $2 million. Mahoney was a buyer of over 9,100 shares last May, for just over $500,000. Another director also picked up 1,000 shares around the same period. Going back further, insiders were equally buyers and sellers of shares at a price near where CVS shares trade today. Overall, CVS Health insiders ...
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Big data giant Palantir Technologies (PLTR) has sold off in recent sessions, amid fears of a slowdown in consumer spending. One trader is betting on a rebound in the weeks ahead. That’s based on the April $185 calls. With 52 days until expiration, 7,123 contracts traded compared to a prior open interest of 182, for a 39-fold rise in volume on the trade. The buyer of the calls paid $0.50 to make the bullish bet. Palantir shares recently traded for about $105, ...
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While AI has certainly stolen the headlines and investors may have started to use some programs such as ChatGPT over the past few years, many are still skeptical about what AI can accomplish. But many companies are using AI tools to find ways to improve their operations right away. It’s not just in high-tech spaces where AI tools can be used to improve productivity. AI is making its presence felt throughout the economy and across many seemingly low-tech sectors. For instance, the ...
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Philip Satre, a director at Wynn Resorts (WYNN), recently bought 22,200 shares. The buy increased his stake by a hefty 67%, and came to a total cost of just over $2.04 million. This marks the first insider buy at Wynn over the past two years. Insiders have been slight sellers of shares, with about half of sales occurring following the exercise of stock options. Sales include the company CEO and CFO. Overall, Wynn Resorts insiders own 27.1% of shares. The resort owner ...
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Computer component manufacturer Super Micro Computer (SMCI) was a darling stock in the early part of 2024, only to see shares slide heavily. Now, shares are on the rebound and one trader sees further upside ahead. That’s based on the April $57 calls. With 55 days until expiration, 27,443 contracts have traded compared to a prior open interest of 701, for a 39-fold rise in volume on the trade. The buyer of the calls paid $16.70 to make the bullish bet. Super ...
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