Trading Tips Blog

Shares of iron ore producer Vale (VALE) have been rising in recent weeks as commodity prices have been soaring higher. One trader sees the possibility for a further move from here. That’s based on the September $25 calls. With 192 days until expiration, 7,504 contracts traded hands compared to a prior open interest of 128, for a 59-fold jump in volume on the trade. The buyer of the calls paid $0.69 to make the trade. Shares last traded around $20, so they ...
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Although inflation remains high, consumers are continuing to buy. That might be to get ahead of continued expected price increases, or simply a reflection that the economy is running hot. There are a number of ways to play the retail trend. Many have been reporting solid earnings right now. One recent reporter hasn’t had good numbers, but the market likes what it has to hear anyway. Electronics giant Best Buy (BBY) is the company that reported mixed earnings. The holiday season ...
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Thomas Jorden, CEO, President and Chairman at Coterra Energy (CTRA), recently added 44,000 shares. The buy increased his holdings by 3.75 percent, and came to a total price of just over $1.02 million. This marks the first insider buy at the company since late 2019. Insiders have otherwise been regular sellers of shares at the energy exploration and production company, primarily by employees at the Vice President level. Overall, company insiders own 1.6 percent of shares. Thanks to a strong energy market, ...
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Shares of chipmaker Advanced Micro Devices (AMD) have been more volatile than the overall market in recent months. One trader sees shares moving higher in the next upswing in the market. That’s based on the March 11 $127 calls. With 7 days until expiration, 7,830 contracts traded compared to a prior open interest of 599, for a 13-fold jump in volume. The buyer of the calls paid $0.46 to make the trade. Shares recently traded around $114, so they would need to ...
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Economic uncertainty is high. That’s causing consumers of all income levels to cut back and take a wait-and-see attitude on spending, which is now growing more slowly than the rate of inflation. During periods of uncertainty, companies that offer the best bargain prices tend to gain market share—and their stocks perform well. That appears to be the case today with a number of companies across a few different industries. For clothing retailers, luxury firms may be facing sinking sales. But those offering ...
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Stephen Donaghy, CEO at Universal Insurance Holdings (UVE), recently added 10,000 shares to his holdings. The buy increased his stake by 0.04 percent, and came to a total cost of $311,000. This marks the first insider buy at the company since November 2020. A few insider sales occurred in the last year, and going back to 2019 and 2020, company insiders were exclusively buyers of shares, even at far higher prices than today. Overall, insiders own just under 10 percent of ...
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Shares of gold mining operator Kinross Gold Corp (KGC) are near a 52-week low even as gold prices have started to heat up. One trader sees the potential for a big move higher in the coming months. That’s based on the July $6 calls. With 133 days until expiration, 5,825 contracts traded compared to a prior open interest of 146, for a 40-fold jump in volume on the trade. The buyer of the calls paid $0.34 to make the trade. Shares of ...
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The world is taking sides. Most nations are siding with Ukraine, following the country’s invasion by Russia. While other governments are looking for a way to support Ukraine and punish Russia without expanding into a full-blown war, many companies are pulling back on investments and businesses in Russia. That trend is likely just getting started, but companies that get out sooner rather than later will probably fare best. Those with a big stake in Russia may have some short-term losses, but will ...
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