Trading Tips Blog

Cryptocurrency brokerage Coinbase (COIN) has soared in recent sessions, rallying 11% on Monday alone. One trader sees further upside through the end of the year. That’s based on the December 20 $190 calls. With 65 days until expiration, 39,471 contracts traded compared to a prior open interest of 721, for a 55-fold rise in volume on the trade. The buyer of the calls paid $30.99 to make the bullish bet. Coinbase recently traded for about $200, making these options about $10 in-the-money ...
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While the Federal Reserve just started to lower interest rates, new economic data suggests that rates will take their time to decline from here. A strong labor market and potential for inflation ticking higher could keep rates from moving too low, or too quickly. However, the start of earnings season indicates that isn’t a problem for big banks. While lending may not look attractive when rates are relatively high, the start of the interest rate cut cycle certainly hasn’t hurt. The big ...
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Christopher Morris, CEO of Dave & Buster’s Entertainment (PLAY), recently bought 14,912 shares. The buy increased his stake by 14%, and came to a total cost of $502,162. This is the first insider buy since July, when the company CFO bought 13,578 shares, paying just over $526,000 for the position. One company VP sold about half his position last month, and company insiders were generally sellers over the last 12 months. Overall, Dave & Buster’s insiders own about 1.5% of shares. The ...
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Clothing manufacturer V.F. Corporation (VFC) is up 30% over the past year, with most of that gain occurring over the past few months. One trader sees shares trending higher over the coming weeks. That’s based on the November 1 $21 calls. With 17 days until expiration, 21,147 contracts traded compared to a prior open interest of 172, for a hefty 123-fold rise in volume on the trade. The buyer of the calls paid $1.05 to make the bullish bet. V.F. Corporation shares ...
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Over time, a company’s earnings will drive its share price higher. In the short-run, headwinds like uncertainty over consumer spending could lead to some buying opportunities as share prices get unfairly knocked down. That’s because markets tend to move on short-term news, creating dips on the path to long-term growth. These buying opportunities occur often during earnings season, when solid earnings numbers get overshadowed by short-term or one-time fears. That looks like the case with Domino’s Pizza (DPZ). The pizza chain Read More About This

Liberty 77 Capital, a major holder of Lions Gate Entertainment (LFG), recently added 183,576 shares. The buy increased the fund’s position by 7%, and came to a total cost of $1,238,322. That’s the fund’s second buy of the month, following a 59,928 share pickup for just over $404,000. Going further back the fund has been a steady and active acquirer of shares this year. Several company insiders have also been buyers this year, including the company CEO for 100,000 shares in ...
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Motorcycle manufacturer Harley-Davidson (HOG) is up 13% over the past year, largely in range-bound trading. One trader sees the shares drifting a bit lower over the coming weeks. That’s based on the November 15 $32 puts. With 34 days until expiration, 7,166 contracts traded compared to a prior open interest of 235, for a 30-fold rise in volume on the trade. The buyer of the puts paid $1.25 to make the bearish bet. Harley shares recently traded for about $34, meaning shares ...
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The economy continues to grow. Inflation has fallen well off its highs. And the labor market continues to hold up well. These are all signs of a “soft landing” scenario for the economy. Some are even starting to see “no landing.” That simply means that the economy will continue to grow, without a recession, whether mild or severe. And that could mean that consumers will continue to spend, which should be good for one lagging sector. That sector is shipping. It’s seen ...
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