Trading Tips Blog

Michael Strachan, a director at Marvell Technology (MRVL), recently picked up 6,781 shares. The buy increased his stake by over 13 percent, and came to a total cost just over $314,000. This marks the first insider buy at the company since early 2021. Over the past three years, insider shave been regular and consistent sellers of shares, a normal trend for a big-cap tech company. Overall, company insiders own about 0.6 percent of shares. The semiconductor giant is down 25 percent in ...
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Shares of biotechnology company Altimmune (ALT) are up 28 percent over the past year, but are also up nearly four-fold from their 52-week lows. One trader sees shares giving back some of their recent gains. That’s based on the October $13 put. With 42 days until expiration, 6,077 contracts traded compared to a prior open interest of 104, for a 58-fold surge in volume. The buyer of the puts paid $1.70 to get into the trade. The stock recently traded around ...
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Typically, it’s taken two quarters of negative GDP growth to officially mark a recession. By the time that’s announced, some short or shallow recessions are already over. We’ve seen two negative quarters so far this year, but many are looking to change the definition given the strong job market and other factors. As the definition of a recession seems to be changing, it might be a good idea to rethink the idea of a recession-resistant company. Those are typically firms that engage ...
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Michael Ozimek, an executive vice president at Trustco Bank Corp (TRST), recently picked up 2,500 shares. The buy increased his stake by nearly 63 percent, and came to a total price of just over $82,000. The buy comes after a number of other company insiders have been buyers in recent months, including an 1,800-share pickup from the company’s Chairman and CEO back in July for nearly $60,000. Over the past three years, company insiders have been almost entirely buyers of shares. Overall, ...
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Shares of semiconductor company Texas Instruments (TXN) are down about 14 percent in the past year, about in-line with the overall stock market. One trader sees a further decline in the weeks ahead. That’s based on the November $160 puts. With 71 days until expiration, 5,075 contracts traded compared to a prior open interest of 113, for a 45-fold surge in volume on the trade. The buyer of the puts paid $8.60 to get into the trade. Shares recently traded for about ...
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The stock market trended down in the first half of the year. Then, starting in late June, investors enjoyed a summer rally. Given the continuing strength in the economy and high inflation numbers, it’s likely that stocks will trend down as interest rates continue to rise. However, some assets can see a move higher here. That’s specifically true with assets that moved higher in the first half of the year, then took a breather when stocks rallied. One standout asset to perform ...
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Loews Corp, a major owner of CNA Financial Corp (CNA), recently added 168,099 shares. The buy increased the investment firm’s ownership by 0.1 percent, and came to a total cost just over $6.5 million. This is the first insider activity at the company since May, when one EVP sold some shares, while a company director was a buyer. Looking further back, company insiders have been regular and small sellers of shares, while institutional buyers have been consistently adding to their stake. Overall, ...
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Shares of uranium producer Cameco (CCJ) have risen 26 percent in the past year, on renewed interest in nuclear power and rising uranium prices. One trader sees that trend continuing through the end of the year. That’s based on the December $37 calls. With 100 days until expiration, 22,667 contracts traded compared to a prior open interest of 101, for a 224-fold explosion higher in volume. The buyer of the calls paid $1.40 to make the trade. Shares recently traded for about ...
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