Trading Tips Blog

Healthcare services operator
Astrana Health (ASTH) is up 30% over the past year, despite a recent pullback. One trader sees further gains in the weeks ahead. That’s based on the June $45 calls. With 30 days until expiration, 6,037 contracts traded compared to a prior open interest of 110, for a 55-fold surge in volume on the trade. The buyer of the calls paid $0.26 to make the bullish bet. Astrana shares recently traded for about $39, meaning shares would need to rise ...
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There’s a saying in the video game industry that a delayed game can become good. But a game that’s rushed out with flaws will never be great. Some video game companies have taken that philosophy to heart, even when it means delaying an anticipated release. That can be tough for some studios, since they have to develop the game before they can sell it and generate revenue. For larger studios working with multiple properties, it’s somewhat easier. For instance,
Take-Two Interactive Software (TTWO) ...
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Gerhard Zeiler, International President at
Warner Bros Discovery (WBD), recently bought 100,000 shares. The buy increased his stake by 12%, and came to a total cost of $830,000. This marks the first insider buy of 2024. Zeiler was a buyer last year, picking up 38,000 shares at a cost of $535,420. Another company director was a buyer late last year, and the company CFO bought 15,000 shares in mid-2023. Overall, Warner Bros Discovery insiders own 9.2% of shares. The media conglomerate has ...
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Coffee chain
Starbucks (SBUX) is down nearly 30% over the past year, and shares have been trending down since reporting earnings. One trader expects a rebound in the coming weeks. That’s based on the June 14 $81 calls. With 24 days until expiration, 2,684 contracts traded compared to a prior open interest of 110 contracts, for a 24-fold rise in volume on the trade. The buyer of the calls paid $0.63 to make the bullish bet. Starbucks shares recently traded for about $78, ...
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The AI rally of the past 18 months has largely focused on big-tech names and semiconductor manufacturers. But AI’s applications can encompass and benefit every company, no matter what industry it’s in. That’s leading to a number of stealth AI plays. These are companies that will benefit from the rise of this technology and its rollout in the years ahead. Investors who buy into these companies can see market-beating returns in the years ahead. One such company is
Dell Technologies (DELL). Best known ...
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Kristy Pipes, a director at
Public Storage (PSA), recently bought 2,149 shares. The buy is a new stake for the director, and came to a total price of $599,485. This marks the first insider buy since December 2022, when the company President and CEO bought 2,500 shares at a price of $744,137. Otherwise, there have been a few insider sales in 2023, including some large sales by a director following the expiration of stock options. Overall, Public Storage insiders own 10.2% of ...
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Base metals mining company
BHP Group (BHP) has traded flat over the past year. One trader sees shares trending higher in the coming weeks. That’s based on the July $62.50 calls. With 58 days until expiration, 47,106 contracts traded compared to a prior open interest of 702, for a 67-fold rise in volume on the trade. The buyer of the calls paid $1.70 to make the bullish bet. BHP shares recently traded for about $60. So shares would need to rise by about ...
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10 AI Stocks to Buy Now Since its launch in November 2022, ChatGPT has unleashed a massive investor interest in artificial intelligence (AI). That’s because generative AI like the kind developed by ChatGPT shows how powerful this trend has become. And it’s kicked off a race by companies to develop AI programs and systems of their own. With AI tools, companies can create more efficient manufacturing processes. Reduce waste. Better utilize their workforce. Even if there are only small gains in those areas, that ...
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