Trading Tips Blog

Mike Spanos, a director at Casey’s General Stores (CASY) recently bought 267 shares. The buy increased his position by 11%, and came to a total cost of $100,440. Spanos was the last insider to buy shares, with a 725 share buy back in January, at a total cost of $199,687. Otherwise, company insiders have been sellers of shares. That includes a $5 million sale from the company CEO, who reduced his stake by 15%. The company COO also sold. Overall, Casey’s ...
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Digital asset mining services company Core Scientific (CORZ) is up 248% over the past year, and shares are near their 52-week highs. One trader sees further gains in the days ahead. That’s based on the October 11 $13 calls. With 16 days until expiration, 9,989 contracts traded compared to a prior open interest of 129, for a 77-fold rise in volume on the trade. The buyer of the calls paid $0.55 to make the bullish bet. Core Scientific shares recently traded for ...
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Lower interest rates mean it costs less for companies to borrow. And that it’s easier for them to expand operations. That’s why the market has taken off as it’s clear that companies will look to leverage up as the cost to borrow goes down. Combining that with sectors that are seeing increased spending could make for a winning investment strategy in the months ahead. With a construction, manufacturing, and infrastructure boom underway, a few possible winners look likely. One contender for a ...
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Sumitomo Mitsui Financial Group, a board member of Jefferies Financial Group (JEF), recently opened a new position in the company with a 9,247,081 share buy. The cost of the buy came to $551,773,323. Jefferies insiders have been sellers of shares this year, with the company CEO selling 1.5 million shares back in April for over $65 million. And the company CFO sold over 280,000 shares in May, netting nearly $13 million. Going further back, another major holder was a seller in ...
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Automotive chip manufacturer ON Semiconductor (ON) is down 22% over the past year, as investors have been more focused on other tech trends and EV sales have been lackluster. One trader sees further weakness in the weeks ahead. That’s based on the November 15 $55 puts. With 52 days until expiration, 8,839 contracts traded compared to a prior open interest of 155, for a 57-fold rise in volume on the trade. The buyer of the puts paid $1.08 to make the ...
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Interest rates are finally starting to go down. That means the cost to borrow will decline, benefitting highly leveraged companies. But the cost to lend will also decline, meaning that fixed-income investors will get paid less for their holdings. For long-term bondholders, the price of the bond will rise to match interest rates. This is a concept known as duration. But short-term bond holders don’t have exposure to duration, and will see their bonds roll over at a lower interest rate. That’s ...
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Bradley Soultz, CEO of
WillScot Holdings (WSC) recently bought 5,000 shares. The buy increased his stake by 1%, and came to a total cost of $194,855. Soultz was also the last buyer of shares with a 5,000 share buy back in May, which came to around $192,000. And the CEO has been a steady buyer going back into 2023. There has been one insider sale over the past year from a company director. Overall, insiders at the workplace and storage rental service ...
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Regional bank
Valley National Bancorp (VLY) is up 8% over the past year, far lagging the overall stock market. One trader sees shares trending higher over the coming weeks. That’s based on the October 18 $10 calls. With 25 days until expiration, 18,507 contracts traded compared to a prior open interest of 263, for a 70-fold rise in volume on the trade. The buyer of the calls paid $0.15 to make the bullish bet. Valley National recently traded for about $9.35, so shares ...
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