Trading Tips Blog

Steven Mollenkopf, a director at Boeing (BA), recently added 850 shares. The buy increased his holdings by 29 percent, and came to a total cost of $201,450. This marks the first insider buy at the airplane manufacturer this year. Last year saw Mollenkopf buy on two occasions, picking up nearly 1,800 shares. Another director bought 5,000 shares, and the company CEO bought 25,000 shares as well. There have been two small insider sales so far this year. Overall, company insiders own ...
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Semiconductor manufacturer Intel (INTC) has been rallying this year, after investors wrote off the company last year for hotter plays in the chip market. One trader is betting that shares will continue higher through next spring. That’s based on the March 2024 $41 calls. With 220 days until expiration, 7,143 contracts traded compared to a prior open interest of 229, for a 31-fold rise in volume on the trade. The buyer of the calls paid $2.11 to make the bullish bet. Shares ...
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Stocks that lead the market in one year will likely lag the next. The reverse is also true. Even during a bull market, some stocks and sectors soar higher, while others underperform. But they tend to win out when the trend shifts. This year’s market rally has been driven by tech stocks. And fears of a slowdown in consumer spending have hit companies with strong brands hard. But companies lagging this year could still be winners in the months ahead. One potential ...
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Jeffrey Ubben, a director at Exxon Mobil (XOM), recently added 458,000 shares. The buy increased his stake by 19 percent, and came to a total cost of $48.97 million. The director was the last insider to buy shares, with a purchase in August 2022 of 1 million shares, coming to $88.45 million. Otherwise, company insiders have been modest sellers of shares over the psat year, exclusively at the VP level. Overall, Exxon insiders own just under 0.1 percent of shares. The oil ...
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Information technology consulting company DXC Technology (DXC) sank nearly 30 percent last Thursday, as the company missed on earnings and cut guidance. One trader is betting on a further drop in the months ahead. That’s based on the January $15 puts. With 164 days until expiration, 4,710 contracts traded compared to a prior open interest of 110, for a 43-fold rise in volume on the trade. The buyer of the puts paid $0.87. Shares closed near $19 following the earnings drop, so ...
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The past few months have shown a big slowdown in inflation. It’s also shown that consumers are willing to ditch their favorite brands to find less expensive substitutes. However, that trend likely won’t last forever. As prices in general rise, even substitute brands may not entice consumers as they once did. That could bode well for companies that have a strong basket of brands, even if their profitability has been hit in the short-term. For instance, Kraft Heinz (KHC) reported a ...
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Thomas Smach, a director at Crocs (CROX), recently added 1,435 shares. The buy increased his holdings by 1 percent, and came to a total cost of $150,001. The director was the last buyer of shares with a 3,000 share pickup in March at a slightly higher price. Since then, company insiders, including the Crocs’ CEO and the company president, have sold off shares, albeit at higher prices. Overall, insiders own 2.7 percent of the company. The specialty footwear manufacturer is up sizeably ...
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Coal producer Peabody Energy Corporation (BTU) has traded in a narrow range over the past year. While shares hit a low in May and have trended higher, one trader sees shares declining going into next year. That’s based on the January 2024 $16 puts. With 168 days until expiration, 14,242 contracts traded compared to a prior open interest of 122, for a massive 117-fold increase in volume on the trade. The buyer of the puts paid $0.59. Shares recently traded just under ...
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