Trading Tips Blog

Hsenghung Hsu, a director at Fastenal (FAST), recently started a stake at the company with a 2,000 share buy. The buy came to just over $88,000. This follows on a 550 share buy from another director back in September. Prior to that, insiders have been sellers throughout the year, at prices as much as 12 percent higher than where shares currently trade. The buy comes after a rally that boosted the company’s shares by 18 percent in the past year. Overall, ...
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At least one trader sees some big downside ahead for Occidental Petroleum (OXY). That’s based on the 23,860 contracts traded on the February 2021 $8 put. With shares around $9.80, that implies a 19 percent decline in the next 119 days. The prior open interest on the option was 1,107 contracts, making for a 21-fold rise in volume. The trader also paid about $0.74 for the option. Shares would therefore need to hit $7.30 at expiration to profit. Shares of Occidental have ...
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The stock market has been increasingly driven by mega-cap corporations in recent years. Those companies have offered huge growth, but have also been largely in the tech space. That’s left a lot of potential great investments off-the-radar. Passive investors have driven more capital to the mega-caps, driving up their valuation. But with the tech companies petering out recently, investors may be interested in some of the small names out there, which offer a better value now. That’s the idea behind the Read More About This

One of the biggest trends in the past few years has been in the payment space. A number of companies are offering alternative ways to clear payments that bypass the existing credit card system or the banking system as well. Naturally, big banks have noticed, and are starting to get into the trend themselves. JPMorgan Chase (JPM), for example, just launched QuickAccept. The new service offers a mobile app and contactless card reader. The move is a shot across the bow ...
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Michael Barns, Executive Chairman and a major holder at Tiptree (TIPT), recently added 6,104 shares to his holdings. The buy came to just under $32,000. He followed up with a buy on Tuesday of 4,954 shares. Barnes has been a regular buyer of shares over the past few weeks, and his holdings have crept up from 8.55 million shares to over 8.60 million. The buys have occurred as shares have slid nearly 30 percent in the past year for the specialty insurance ...
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Although shares of Sibanye Stillwater (SBSW) are at a 52-week high, one trader sees shares moving even higher. The April 2021 $15 calls on the company saw a 20-fold rise in volume. Over 2,580 contracts traded hands against a prior open interest of 127. The bet, expiring in 176 days, is that the precious metals mining company will rise another $1.50 from its current price near $13.50. The calls will move in-the-money on a further 11 percent move in shares. The buyer ...
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Shares of Swiss bank UBS Group AG (UBS) had a decent day on Tuesday, as the bank reported its strongest third-quarter earnings in a decade. Traders see more upside ahead. That’s shown by the 16-fold rise in volume on the August 2021 $12.50 calls. The options saw over 1,650 contracts trade against a prior interest of 101. The option is at-the-money, meaning the trade should rise dollar for dollar with any move higher in the bank’s stock. The option expires in 303 ...
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There’s an entertainment sector that was bigger than the movie box office before the pandemic. That industry? Video games. Over the years, the space has grown to include a number of publishers and sales in the billions. And it’s a trend likely to continue. This sector was just upgraded by MKM Partners, who sees further gains in the space as next-generation consoles start to hit the markets. The biggest players in the space are Activision Blizzard (ATVI), Electronic Arts (EA) and Take-Two ...
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