Trading Tips Blog

Shares of aluminum producer Alcoa Aluminum (AA) have been a strong performer in the past year, as both a play on continuing economic growth and as a hedge against inflation. One trader sees that trend continuing for the foreseeable future. That’s based on the January 2023 $55 calls. With 409 days until expiration, over 11,960 contracts traded, a 48-fold jump in volume from the prior open interest of 248 contracts. The buyer of the calls paid $6.88 to make the trade. With ...
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Market sentiment has shifted from bullish to mixed in the past week with the rise of the Omicron variant, inflation fears, and how the Fed might be acting too little, too late. However, even with those fears, some trends are still continuing no matter what short-term fears pop up. One of those trends is the growth of microchips in a variety of technologies. Rising uses still means a shortage now, but companies are rising to the occasion. Case in point? Marvell Technology ...
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Sujal Patel, President and CEO of Nautilus Biotechnology (NAUT), recently added 250,000 shares. The buy increased his holdings by 1.5 percent, and came to a total price just over $1.1 million. A director also bought shares on the same day, picking up 50,000 shares at a price totaling just over $250,000. Several insiders, including the company CFO and other directors were buyers in November at slightly higher prices. Overall company insiders own over 38 percent of the company, which just went ...
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Shares of automaker Ford Motors (F) have been on the rise in the past year, as the company has been expanding its electric vehicle fleet. One trader sees that trend continuing. That’s based on the June $24 calls. With 192 days left until expiration, over 38,500 contracts traded against a prior open interest of 1,362 contracts, for a 28-fold rise in volume. The buyer of the calls paid $1.42 to make the trade. With a recent price just under $20, shares ...
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One of the top performing spaces to be in during the pandemic was in video conferencing services, with Zoom Communications (ZM) being a clear winner. However, other companies offer services, including free services, that could provide a better offering for users amid the latest variant. One company getting into the space has a history of dominating in the top positions of every tech category it gets into. That company is Microsoft (MSFT), and its Team program has already been a strong player ...
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Arik Ruchim, a major owner at Six Flags Entertainment Corp (SIX), recently bought 250,000 more shares. The buy increased his holdings by nearly 3 percent, and came to a total cost of just over $9.3 million. He was joined by another major owner who picked up 100,000 shares on the same day, paying out $3.65 million to do so. The company President and CEO bought 80,000 shares earlier in November as well, paying $3.35 million. Overall, insiders have been far more active ...
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Shares of medical distribution company Cardinal Health (CAH) are down over the past year, and down 25 percent from their peak. One trader sees the possibility for a rebound in shares in the next few months. That’s based on the March $52.50 calls. With 104 days until expiration, over 10,570 contracts traded, a 21-fold jump in volume from the prior open interest of 502. The buyer of the calls paid $1.00 to make the trade. Shares last traded around $46, so shares ...
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It’s no surprise why investors love tech stocks. Their ability to outperform the rest of the stock market can help boost portfolio returns and create life-changing wealth. But there’s a downside. Traders who buy at the wrong time and get caught up in short-term volatility sometimes have to deal with losses until the next move higher. That can be painful, at least in the short-term. The latest victims in the tech stock space have been investors in Salesforce.com (CRM). The company just ...
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