Trading Tips Blog

Shares of pharma company Dicerna Pharmaceuticals (DRNA) soared higher one week ago following a buyout offer of $38.25 per share. One trader sees the potential for a higher offer in the works in the coming weeks. That’s based on the January $40 calls. With 57 days until expiration, over 9,365 contracts traded, an 84-fold jump in volume from the prior open interest of 112. The buyer of the calls paid $0.15 to make the trade. Shares closed just under $38, indicating ...
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The only constant in the world is change. Companies that have been around for decades or even over a century are ones that need to adapt to the times to survive and thrive. For some industries, this change can be quickly driven by technologies and competition. In others, regulatory changes can play a big role as well. Increased environmental regulations in the past few years ensure that even a stodgy industry like utilities have to change as well. Utility provider Dominion Energy ...
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David Wichmann, a director at Boston Scientific Corp (BSX), recently picked up 25,000 shares. The buy increased his stake by 100 percent, and came to a total purchase price of just under $1.05 million. This action constitutes the sole insider buy of the past three years. Company insiders have largely been sellers, particularly among executives, who are also likely selling off shares acquired as stock options. Overall, company insiders own 0.2 percent of shares. The medical equipment designer and manufacturer has taken ...
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Shares of food conglomerate Kraft Heinz Corp (KHC) have been gradually trending higher over the past few months. One trader is betting on a further rally in the coming weeks. That’s based on the December 3 $36 calls. Expiring at the end of next week, over 20,817 contracts recently traded, a 135-fold jump from the prior open interest of 154 contracts. The buyer of the calls paid $0.28 to make the trade. Shares last went for about $35 per share, so the ...
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For many alternative assets, there’s simply no way to make a liquid trade on an exchange. For those who care about fine art, the wine market, rare stamps or coins, there’s no easy fund to buy into. However, investors in the latest new asset class, cryptocurrencies, are finding an increasing number of options. It’s now been a year since major payment platforms have allowed users to park their cash in crypto names instead. A number of brokerage firms allow such trades ...
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Keith Koci, an EVP at Cleveland-Cliffs (CLF), recently picked up 10,000 shares. The buy increased his stake by nearly 5 percent, and came to a total purchase price of just over $218,000. This marks the first insider buy at the company since May. Overall, company insiders have been regular buyers of shares over the past three years, with some moderate sales by company directors earlier this year and the sale of a stake from a major company back in February. Overall, company ...
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Shares of brokerage firm Robinhood Markets (HOOD) have been trending down since shortly after the company went public earlier in the year. One trader, however, sees the possibility for a rebound from here. That’s based on the May $55 calls. With 177 days left on the trade, 3,710 contracts traded against an open interest of 129, for a 29-fold jump in volume. The buyer of the calls paid $1.64 to make the trade. The stock last went for around $29 per share, ...
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Consumer stocks have been in the spotlight due to strong earnings in the past few days. While many trends point to a strong holiday season, retailers that are known for providing low prices and deals could fare even better with inflationary fears and supply chain shortages still making headlines. One company that could break to new highs this holiday season is Kohl’s (KSS). The retailer chain reported on Thursday that both earnings and revenues beat expectations, and the company raised guidance ...
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