Trading Tips Blog

Robert Swan, a director at
Nike (NKE), recently bought 2,941 shares. The buy increased his stake by 15%, and came to a total cost of $226,516. Swan was the last buyer in October, picking up 13,072 shares for just over $1.25 million. Since then, a few company insiders have been sellers, largely following the exercise of stock options. Going back over the past two years, a similar trend of large insider sales relative to buys continues to hold up. Overall, Nike insiders ...
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Oil and gas exploration company
Permian Resources (PR), is up 59% over the past year, bucking the overall sideways or down returns for energy stocks. One trader sees a potential pullback over the summer. That’s based on the September 20 $15 puts. With 74 days until expiration, 1,560 contracts traded compared to a prior open interest of 100, for a 16-fold rise in volume on the trade. The buyer of the puts paid $0.65 to make the bearish bet. Permian shares recently traded ...
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Stocks have started to trade sideways in recent weeks. That’s not a huge problem with markets at all-time highs. The longer stocks trade sideways, the more likely they’ll have a strong breakout when that trend ends. So far, signs point to a bullish breakout. The economy remains strong, if slowing. Inflation is coming down, and investors are looking forward to a decline in interest rates. That’s a good combination for consumers and companies alike. That’s why investors may want to buy the ...
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Katherine Losness-Larson, a SVP at Hormel Foods Corp (HRL), recently bought 830 shares. The buy increased her stake by 4%, and came to a total cost of $25,000. This is the first insider buy since September, when another SVP bought 1,454 shares, paying just over $54,000 for the stake. Otherwise, insiders have been slight sellers of shares overall, with a mix of option exercises and traditional sales. And both executives and directors have been sellers. Overall, Hormel insiders own 0.2% of ...
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Pharmaceutical giant Pfizer (PFE) is down 23% over the past year. One trader sees further weakness ahead for shares in the coming weeks. That’s based on the August 2 $26 puts. With 28 days until expiration, 15,300 contracts traded compared to a prior open interest of 630, for a 24-fold rise in volume on the trade. The buyer of the puts paid $0.26. Pfizer recently traded for about $28, so shares would need to drop nearly $2, or nearly 7%, for the ...
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Different market sectors move at different times. But when a sector does take off, it will often need to pause for a while before moving higher. This consolidation trend is normal, and in some sectors can last for years, in others, for weeks. The cryptocurrency market has been consolidating for a few months now following bitcoin’s halving in April. That may have shaken out momentum traders hoping for a quick ride to new all-time highs. Today, it’s creating an opportunity across the ...
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Gary Friedman, CEO and major holder of RH (RH), recently bought 46,274 shares. The buy increased his stake by 1%, and came to a total cost just under $10 million. This is the first insider buy at RH in over two years. Otherwise, company executives have largely been sellers of shares following the exercise of stock options. And company directors have been sellers of shares periodically over the past two years. Overall, RH insiders own 18.6% of shares. The specialty retailer is ...
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Modular nuclear reactor developer
NuScale Power Corporation (SMR) is up 58% over the past year, and up over 5 times from its lows. One trader sees shares pulling back in the coming weeks. That’s based on the August 16 $10 puts. With 43 days until expiration, 4,063 contracts traded compared to a prior open interest of 119, for a 34-fold rise in volume on the trade. The buyer of the puts paid $1.25 to make the bearish bet. Shares recently traded just shy ...
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