Trading Tips Blog

Magnolia Capital Fund, a major owner of RE/MAX Holdings (RMAX), recently added 18,934 shares. The buy increased the fund’s holdings by just under 1 percent, and came to a total cost of just over $344,000. This is the sixth buy that the fund has made since June. Otherwise, the last insider activity occurred in March 2021, when a company executive last sold shares. Activity was fairly quiet when shares were rising amid the latest real estate boom. Company insiders own about ...
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Shares of semiconductor test systems company Aehr Test Systems (AEHR) have declined 2 percent in the past year, as a massive drop gave way to a recovery rally. One trader sees another drop ahead. That’s based on the March 2023 $22.50 puts. With 142 days until expiration, 2,016 contracts traded compared to a prior open interest of 101, for a 20-fold rise in volume on the trade. The buyer of the puts paid $5.35 to make the bearish bet. The stock recently ...
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The past few years has seen tremendous growth in alternative energy plays. And in a push for more environmentally-friendly ways of doing business. That’s led some to see the end of old-school energy companies like big oil plays. But most renewable technology can’t scale well or still remains ineffective for areas such as transportation. That’s why it’s likely that oil and natural gas will still be valuable commodities for some time. That’s why investors shouldn’t overlook some of the big energy plays ...
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Tobias Lutke, a director at Coinbase (COIN), recently picked up 5,349 shares. The buy increased his stake by about 7 percent, and came to a total cost of just under $390,000. This is the eighth buy made by the director since the end of August. Each buy has been for a similar price, ranging from 4,482 shares to nearly 6,000 shares at a time. Overall, insiders have tilted towards buying in recent months, following massive selling after the company’s IPO last ...
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Shares of packaged food company B&G Foods (BGS) have been cut in half in the past year. One trader sees further downside in the months ahead. That’s based on the January 2023 $12.50 puts. With 87 days until expiration, the options saw a volume of 5,061 contracts, a 42-fold surge in volume from the prior open interest of 121. The buyer of the puts paid $0.85 to get into the trade. Shares recently traded closer to $14.50, so they’d need to fall ...
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It’s likely the stock market won’t end its current downtrend until the Fed stops raising interest rates. But given how bear markets work, we may be closer to the end than the beginning. The best strategy now is to start buying great companies at beaten-down prices, rather than wait for a move higher. That’s because the start of a bull market may come with some skepticism. And investors who wait can miss out on the extreme bargains from the low. By buying ...
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Stephan Eastman, a director at Fastenal Co (FAST), recently picked up 1,000 shares. The buy increased his holdings by over 11 percent, and came to a total cost of just under $44,000. He was joined by another director who picked up 500 shares around the same time, paying about $22,500 to get in. Theis follows on a number of director buys last month, and a 5,000 share buy from the company President and CEO. Overall company insiders own 0.2 percent of ...
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Shares of oil giant Petroleo Brasiliero (PBR) are up 48 percent in the past year thanks to strong energy prices. One trader sees a further rally in the coming weeks. That’s based on the November 11 $17 calls. With 18 days until expiration, 19,365 contracts traded compared to a prior open interest of 218, for an 89-fold jump in volume on the trade. The buyer of the calls paid $0.66 to get in. Shares recently traded near $15.50, so they’d need to ...
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