Trading Tips Blog

Gold producer Agnico Eagle Mines (AEM) is up about 9 percent over the past year, but has declined substantially from its 52-week highs in the spring. One trader sees shares posting a stronger rally through 2025. That’s based on the January 2025 $75 calls. With 445 days until expiration, 5,001 contracts traded compared to a prior open interest of 243, for a 21-fold rise in volume on the trade. The buyer of the calls paid $1.50. Agnico Eagle recently traded for about ...
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Earnings season can create some big swings in share prices. And they can create some counterintuitive moves. Companies that beat earnings can sell off. Companies that miss on earnings can see shares rally. And then there come the moves from any forward guidance. Over time, earnings drive a company’s share price. So even if a company misses the mark for some reason in a given quarter, if its earnings are improving, shares will likely trend higher in time. The market punished Alphabet ...
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William Rogers, CEO at Truist Financial (TFC), recently added 10,000 shares to his holdings. The buy increased his position by 1 percent, and came to a total cost of $280,240. This is the first insider activity since May, when a company director bought 5,000 shares, paying just under $95,000. Another director bought 13,125 shares in March, for just under $500,000. Going further back, there has been a mix of insider buys and sells. Overall, company insiders own 0.3 percent of shares. The ...
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Industrial conglomerate General Electric (GE) is having a strong year, with shares up over 90 percent. One trader sees further upside ahead going into next year. That’s based on the March 2024 $105 calls. With 140 days until expiration, 18,015 contracts traded compared to a prior open interest of 138, for a massive 131-fold rise in volume on the options trade. The buyer of the calls paid $13.80 to make the bullish bet. GE shares last traded for about $111, making the ...
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Bitcoin is having a strong year. Rumors of an ETF approval are helping to push the crypto’s price higher, even if the actual news hasn’t materialized yet. Chances are investors will continue to see big daily volatility in cryptos like bitcoin for some time. Those looking to play the overall rising trend in the space can find less volatile places to play it. That means ignoring companies with heavy bitcoin exposure, such as bitcoin mining companies. Cryptocurrency brokerages could benefit from the ...
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Casdin Partners Master Fund, a major holder of BioLife Solutions (BLFS), recently added 927,165 shares. The buy increased the fund’s position by 12 percent, and came to a total cost of $10.37 million. The fund was the last buyer of shares with a 58,465 share pickup back in August, for $771,400. Otherwise, company insiders, including the company’s CEO, have been regular sellers of small amounts of shares, usually in the $1,000 to $20,000 range. Overall, company insiders own 2 percent ...
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E-commerce financial technology company StoneCo (STNE) has been trading lower in recent months. One trader sees shares declining further into the new year. That’s based on the January 2024 $8 puts. With 85 days until expiration, 49,324 contracts traded compared to a prior open interest of 293, for a staggering 168-fold jump in volume on the trade. The buyer of the puts paid $0.30 to make the bearish bet. Shares recently traded for about $10, so they would need to drop about ...
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When stocks sell off, good names sell off with bad ones. And companies that have been lagging their industry peers tend to sell off harder. In a turnaround, however, they can have more room to run. Plus, they tend to have lower valuations than industry leaders, which means any upside surprise isn’t priced in. Investors have plenty of options in the tech space going into the end of the year. With stocks likely to see a seasonal rebound, some of the ...
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