Trading Tips Blog

Shares of communications firm AT&T (T) have been in a downtrend for most of the year. However, one trader sees the possibility for a short-term rebound in shares. That’s based on the January 28th $22 call options. With 42 days until expiration, 5,207 contracts traded against a prior open interest of 253, for a 21-fold rise in volume. The buyer of the calls paid $0.77 to make the trade. The company has shed 25 percent over the past year as management ...
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Investors and traders alike are often interested in turnaround plays. A struggling company with a lagging stock price might announce major changes in the hopes of turning things around. While many turnaround plays fail to turn around, a company that is able to do so will give investors a chance for market-beating returns once it’s clear such a move is possible. It’s more likely to be successful with a company that has a strong market position that is starting to show ...
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Brian Murphy, CEO of American Outdoor Brands (AOUT), recently bought 2,718 shares. The buy increased his holdings by nearly 3 percent, and came to a total purchase price of just under $50,000. He was joined by three directors who bought on the same day. One bought 1,000 shares, another bought 5,500 shares, and one bought 5,000. And the company CFO bought 2,500 shares at the same day at around the same price. These mark the first insider buys in 3 months, when ...
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Shares of solar company Sunnova Energy International (NOVA) are down over 50 percent from their recent peak. However, one trader sees the possibility for a strong rebound in the coming months. That’s based on the April $35 calls. With 118 days until expiration, over 15,000 contracts traded hands, a 90-fold surge in volume from the prior open interest of 155. The buyer of the calls paid $2.63 to make the trade. The Houston-based solar company saw shares surge to a high ...
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Investing in dividend stocks tends to put one in the mindset of an investor, not a trader. That’s true when looking at the narrower world of dividend growth stocks. But such companies can offer great returns, thanks to those dividends as well as a rising price over time. It’s also helpful when a company has a buyback program in place, reducing the total shares outstanding. The combination of those factors can lead to great returns for patient investors. One such dividend growth ...
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Thomas Long, Co-CEO of Energy Transfer LP (ET), recently bought 80,546 more shares. The buy increased his holdings by just over 5 percent, and came to a total purchase price of just over $600,000. He was joined by a cluster of other buyers, including the company CFO who bought 67,121 shares, paying just over $500,000. The company COO bought 33,561 shares, and the firm’s executive chairman bought 16,191,39 shares, a $120 million commitment. Insiders own 11.2 percent of the company overall ...
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Shares of casino operator MGM Resorts International (MGM) have slid lower in the past month on the latest Covid fears. One trader is betting those fears are overblown and shares will trend higher in the next month. That’s based on the January $44 calls. With 37 days until expiration, 11,275 contracts traded against a prior open interest of 186, for a 61-fold rise in volume. The buyer of the calls paid $0.89 to make the trade. Shares last traded around $40, so ...
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Five years ago, no US company had a market valuation over $1 trillion. Today, five carry that distinction, and two of them have a market cap over $2 trillion at the moment. That’s a large amount of growth over a relatively short period of time. But it’s possible that these industry-leading tech firms could continue to increase even further in the years ahead. Apple (AAPL), the largest company by market cap, has become the dominator for consumer-friendly tech. And it’s nearing ...
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