Trading Tips Blog

Steven Brass, President and CEO at WD 40 Co (WDFC), recently bought 558 shares. The buy increased his holdings by 3 percent, and came to a total purchase price just under $100,000. He was joined by several other company insiders. The company CFO bought 168 shares, increasing her stake by 12 percent at a cost just over $30,000. And two company vice presidents also bought the stock on the same day. Overall, insiders own 1.5 percent of the company. The specialty chemical ...
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Metals mining company Teck Resources (TECK) is closing in on 52-week highs following a strong rally. One trader sees a pullback for the company in the months ahead. That’s based on the January 2024 $42 puts. With 275 days until expiration, 10,013 contracts traded compared to a prior open interest of 440, for a 23-fold rise in volume on the trade. The buyer of the puts paid $3.16 to make the bearish bet. Teck shares recently traded for just under $49 ...
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Most economic activity is driven by consumer spending. That’s why changes in consumer spending can cause stocks to rise or fall. Some areas can hold up well, particularly those consumer goods or services that offer reasonable quality at a reasonable price. That’s because a slowing economy will cause consumers to shift to lower-price options rather than stop spending entirely. That may not be good news for upscale brands or services, but for some companies, it may indicate higher share prices ahead. Darden ...
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Laura O’Shaughnessy, a director at Acuity Brands Inc (AYI) recently added 632 shares. The buy increased her stake by 43 percent, and came to a total cost of just under $100,000. The director was also the most recent buyer, with a 575 share pickup last July. Otherwise, there have been two insider sales at the company, one of which came from the exercise of a stock option. Overall, insiders at the electrical equipment and parts manufacturer own 0.2 percent of shares. Acuity ...
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E-commerce logistics firm GXO Logistics (GXO) has seen shares move in an uptrend over the past few months. One trader is betting that trend will play out over the next month. That’s based on the May $55 calls. With 31 days until expiration, 4,528 contracts traded compared to a prior open interest of 108, for a 41-fold rise in volume on the trade. The buyer of the calls paid $1.53 to make the bullish bet. GXO shares recently traded for about $52, ...
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Many things in life have a first-mover advantage. However, in investing, the first company to come to the marketplace with a product isn’t always the winner. A company that follows up with a better product or a far lower price point can end up grabbing the most market share. That’s particularly true in the tech space. Today’s successful tech companies prefer to either buy a company on its way to winning, or wait until they can overtake the early movers. That makes ...
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Christopher Hilger, a director at Donaldson Company (DCI), recently added 3,186 shares. The buy increased his holdings by 68 percent, and came to a total cost just under $200,000. This marks the first insider buy at the company over the past two years. Generally, insiders have been sellers of shares after exercising stock options. There have been a few outright sales a well, including one from the company President for 4,500 shares back in January. Insiders own 0.4 percent of the ...
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Electronics retailer Best Buy (BBY) has been trending down in recent weeks. One trader sees shares continuing lower in the next two months. That’s based on the June $67.50 puts. With 60 days until expiration, 10,078 contracts traded compared to a prior open interest of 410, for a 25-fold rise in volume on the trade. The buyer of the puts paid $2.30 to make the bearish bet. Shares recently traded for about $73, so they would need to fall about $6.50, or ...
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