Trading Tips Blog

Shares of financial analytics company Dun & Bradstreet (DNB) have been trending down steadily over the past year, before a brief spike higher in the past few weeks. One trader sees the longer-term downtrend continuing. That’s based on the January $17.50 puts. With 99 days until expiration, over 4,220 contracts traded hands, a 35-fold rise in volume from the prior open interest of 120. The buyer of the puts paid $0.98 to make the trade. With shares in the low $18 range, ...
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A record number of companies have gone public so far this year, with a few more months left on the calendar. And the total amount of capital raised has been a record too. Yet many freshly-public companies haven’t been strong performers. In time, that will change, as fast-growing companies start to show their mettle and move higher on the back of strong growth. Recently-public companies that can’t grow will likely see their shares slide in time. One fast-grower is SoFi Technologies (SOFI) ...
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Matthew Kane, a director at Akerna Corp (KERN), recently picked up 128,160 shares. The buy increased his holdings by over 48 percent, and came to a total price of just over $346,000. This marks the first insider buy at the company since 2018, when shares last went for a much higher price than where they traded today. Earlier this year, a major owner and the company CEO, who is also a major owner, have been modest sellers of shares. Overall, insiders ...
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Shares of energy firm Northern Oil and Gas (NOG) have ratcheted higher in the past few weeks as energy prices have continued to rally. One trader sees that trend continuing. That’s based on the March $26 calls. With 156 days until expiration, nearly 6,250 contracts traded against a prior open interest of 126, for a 50-fold jump in volume. The buyer of the calls paid $4.20 to make the trade. With shares around $26.50 and a 52-week high, the option is ...
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While the recurring revenue model is one that can often lead to steady profits and returns for investors, a truly great company can essentially sell the same product repeatedly, marking up profits on top of profits. That’s the case with Take-Two Interactive (TTWO). The video game development company has seen shares surge on new that it’s remastered three of its classic Grand Theft Auto games. Players new and old alike are potential buyers, thanks to upgraded graphics and a repackaging for ...
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Jose De Jesus Loza, a director at Lemonaria (LMNR), recently picked up 10,000 shares. The buy increased his stake by nearly 3 percent, and came to a total purchase price of just over $156,000. This is the sixth buy from this director since mid-September, who has bought nearly 40,000 shares all told. That’s in contrast to a number of sales over the past year from insiders at higher prices. While insider selling has been heavy, overall company insiders own 16 percent ...
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Shares of private prison company The GEO Group (GEO) have been trending up since May, with a large spike higher on Friday. One trader sees the possibility for a move even higher. That’s based on the March $12 calls. With 157 days until expiration, over 70,830 contracts traded against a prior open interest of 662. That makes for a 107-fold leap in volume on the option trade. The buyer of the call paid $0.70 to make the trade. Shares of the stock ...
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Most companies are having a solid year, even when comparing their sales and earnings to post-pandemic quarters. However, a few sectors haven’t fared too well in recent months and have missed out on most of 2021’s gains. One such area is with pot stocks. These companies were popular at the start of the year, but have since been lagging the overall market. But that may be about to change. For instance, one industry leader, Tilray (TLRY) moved higher even after reporting ...
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