Trading Tips Blog

Shares of oil and gas exploration company Range Resources Corporation (RRC) have been steadily rising over the past year. One trader sees that trend continuing through the rest of the year. That’s based on the January 2023 $40 calls. With 297 days until expiration, 6,378 contracts traded compared to an open interest of 224, for a 28-fold jump in volume. The buyer of the calls paid $4.90 to get into the trade. Shares of the company recently went for about $31.50, so ...
Read More About This

When it comes to investing in a bull market, traders often go for big growth names. As we’ve seen with market selloffs, that can be a big problem on a pullback, as those high-growth names get knocked down the most. Traders might instead want to consider a different tack, and embrace companies that have low volatility. They may be slower to gain over time, but they’re also likely to hold their own as a defensive play when markets get volatile. One Read More About This

William Bowers, a director at Exelon Corp (EXC), recently picked up 4,500 shares. The buy increased his stake by 352 percent, and came to a total price of just over $196,000. This marks the first insider buy at the company since May 2017, nearly five years ago. Company insiders have been regular sellers of shares at small intervals, with the last sale occurring back in January. Overall, company insiders own 0.2 percent of shares. The diversified utility play has soared 41 percent ...
Read More About This

Shares of chipmaker Intel (INTC) have been trading in a range over the past year, with the stock price currently on the uptrend. One trader sees that move continuing in the next few weeks. That’s based on the April 22 $55 calls. With 25 days until expiration, 29,053 contracts traded compared to a prior open interest of 174, for a staggering 177-fold jump in volume on the trade. The buyer of the calls paid $0.66 to enter. The stock recently pushed to ...
Read More About This

Companies constantly need to reinvent themselves to stay competitive. Sometimes, a change of management can break the stale company culture and breathe new life into a company. However, sometimes new management may stray too far, or, worse, not make new big and bold change to move the needle. When new management comes along, traders may not always know what they’re going to get. But when a former manager comes back to a company, it can sometimes lead to resurgent growth and ...
Read More About This

Ryan Cohen, Chairman and major owner of video game platform GameStop (GME), recently bought 100,000 shares on the open market. The buy increased his holdings by 1.1 percent, and came to a total price of just over $10.175 million. This marks the first big buy at the company since Cohen’s last buy in December 2020. A number of company directors made some small sales back in January and June 2021, otherwise, company insiders have been buying and holding. Overall, insiders own ...
Read More About This

Shares of information technology company Xerox Holdings Corporation (XRX) have been trending slightly down over the past year, with some periodic spikes higher in price. One trader is betting on a rally in shares in the next few months. That’s based on the May $23 calls. With 56 days until expiration, 4,800 contracts traded compared to a prior open interest of 105, for a 46-fold jump in volume. The buyer of the calls paid $0.22 to make the trade. Shares of the ...
Read More About This

The stock market has rebounded strongly in the past few days. While fears of inflation and other issues may cause a few more drops in the weeks and months ahead, many tech names have fared worse than the overall market. Investors waiting for an entry point are looking at a decent one for many tech stocks, particularly big-name companies that can likely continue growing strongly no matter what happens with the economy. One example is Adobe (ADBE). The company just beat on ...
Read More About This