Trading Tips Blog

Surge in deep in-the-money put option. On Monday, over 2,900 contracts traded on the October $35 put options on Kraft-Heinz (KHC). This represented a 23-fold surge in volume on the options, which had a prior interest of 126 contracts outstanding. With shares around $25.50, the put options traded at $9.50, all in-the-money. With 52 days left to go on the trade, the option appeared to offer investors nearly no time premium. Kraft-Heinz shares traded up with the overall market on Monday, although the ...
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EVP makes $2 million buy. On Friday, August 23rd, Gregory McKelvey bought 200,000 shares of Fossil Group (FOSL), where he serves as Executive Vice President. The total purchase price came out to just over $2 million, and increases his stake in the company by nearly 60 percent to over 536,000 shares. This follows on a 20,000 share buy on August 22nd by EVP Darren Hart, and an EVP buy back in May for 5,000 shares. Before that, insiders were net sellers of shares, ...
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Surge in 2021 call buying. On Friday, over 1,980 contracts traded on a January 2021 $15 call option on Nektar Therapeutics (NKTR). With a prior open interest of 156 contracts, this represents a 16-fold surge in volume. With shares of the company currently trading around $17, the option buyer is about $2 in-the-money per $6.60 contract. As such, the option should move dollar-for-dollar higher with shares. Nektar Therapeutics develops drug candidates for cancer, auto-immune disease, and chronic pain in the United States. The ...
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CFO and director buy shares. On Thursday, August 22nd, Keith Koci, CFO of Cleveland-Cliffs Inc. (CLF)picked up 12,500 shares of the company, paying just over $101,000 to do so. This buy increased his total stake in shares by 17 percent. He was joined by director John Baldwin, who bought 7,000 shares, a $58,000 buy. That increased the director’s stake by 6.5 percent. Insiders have bought earlier in the month as well, and have been net buyers with no sales since May. Insiders have ...
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There are a lot of ways to make money in the market. But even if you find that rare company that can move ten-fold and provide one of the best profits of your lifetime, that will take time.Most investors get impatient. Trading Tips’ Andrew Packer explains why you should be looking at blue-chip bargains ...
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Surge in September call buying. On Thursday, over 20,300 contracts traded on the September 6th 2019 $9 call option on Bed Bath & Beyond (BBBY). With shares trading around $8.40, the option is a bet on a 6.6 rally in shares in the next 14 days. The option contract had a prior open interest of just 320 contracts, indicating a 63-fold surge in volume on the trade. Bed Bath & Beyond operates 1,533 stores around the world selling various home fashions, furnishings, and ...
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CFO follows large director buys this month. On Wednesday, August 21st, Aaron Alt, CFO of Sally Beauty Holdings (SBH), bought 1,000 more shares, paying just over $12,000 to do so. While a small buy, he is following on two director purchases on August 20th, in the amount of 3,000 and 10,000 shares, at a cost of $36,000 and $119,000 respectively. And on August 2nd, a director bought 7,000 shares as well, shelling out nearly $93,000. Insiders have been buyers of shares earlier in ...
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President and CEO, CFO buying shares this month. On Tuesday, August 20th, James Roberts, President and CEO of Granite Construction (GVA), picked up 2,000 shares of the company, paying nearly $56,000 to do so. The increase in shares leaves him with just over 210,000 shares of the company. This is his second buy of the year, having picked up 3,000 shares on August 15th. The company’s CFO bought over 2,500 shares on August 12th and August 14th. A director also picked up ...
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