Trading Tips Blog

Philip Satre, a director at Wynn Resorts (WYNN), recently bought 22,200 shares. The buy increased his stake by a hefty 67%, and came to a total cost of just over $2.04 million. This marks the first insider buy at Wynn over the past two years. Insiders have been slight sellers of shares, with about half of sales occurring following the exercise of stock options. Sales include the company CEO and CFO. Overall, Wynn Resorts insiders own 27.1% of shares. The resort owner ...
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Computer component manufacturer Super Micro Computer (SMCI) was a darling stock in the early part of 2024, only to see shares slide heavily. Now, shares are on the rebound and one trader sees further upside ahead. That’s based on the April $57 calls. With 55 days until expiration, 27,443 contracts have traded compared to a prior open interest of 701, for a 39-fold rise in volume on the trade. The buyer of the calls paid $16.70 to make the bullish bet. Super ...
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Following a few years of above-average inflation, some food items remain at a premium. Thanks to poor weather, crops such as cocoa and coffee have jumped to all-time highs. Other agricultural crops have also held up well. These higher prices provide farmers with the capital that they may need to make improvements on their farms. That can include investing in newer technologies to better farm more efficiently and increase their productivity and output. That trend could benefit Deere & Company (DE). Shares ...
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Christopher Bode, President and COO at Denny’s (DENN), recently bought 9,740 shares. The buy increased his stake by over 1,000%, and came to a total cost of $49,805. This marks the first insider buy since last June, when the company CFO bought 10,000 shares for just over $65,000. Going further back, insiders were more likely to be sellers, particularly in 2023, when shares traded for nearly twice as much as they do today. Overall, Denny’s insiders own 3.1% of shares. The diner ...
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Online brokerage firm Robinhood Markets (HOOD) has been on a tear, with shares up over 350% in the past year. Shares recently declined on an analyst downgrade, but one trader sees the stock soaring higher. That’s based on the June $100 calls. With 84 days until expiration, 3,902 contracts traded compared to a prior open interest of 127, for a 31-fold rise in volume on the trade. The buyer of the calls paid $0.85 to make the bullish bet. Robinhood shares last ...
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The latest retail spending data indicates a strong slowdown after the holidays. Consumers aren’t entirely tapped out yet. But they do continue to show a propensity to spend more on experiences over goods in the post-pandemic era. That means that travel and vacation spending is likely to remain strong, and earnings from companies in those industries continue to point to a strong trend. With that trend likely to continue, those companies are starting to see some momentum. One such play is Airbnb ...
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Charles Moorman, a director at Oracle (ORCL), recently bought 5,000 shares. The buy increased his stake by 7%, and came to a total cost of $947,913. This marks the first insider buy at the company in over two years. Otherwise, company insiders have been regular sellers of shares as the stock has taken off. Nearly all insider sales have come following the exercise of stock options, from company directors and VPs to the company’s CFO, and major holder Larry Ellison. Overall, Read More About This

Used vehicle dealership Carvana (CVNA) is up a massive 450% over the past year. One trader sees shares soaring even higher in the months ahead. That’s based on the May $360 calls. With 85 days until expiration, 17,362 contracts traded compared to a prior open interest of 106, for a massive 164-fold rise in volume on the trade. The buyer of the calls paid $15.50 to make the bullish bet. Carvana shares recently traded at $285, so shares would need to rise ...
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