Trading Tips Blog

Kelcy Warren, a director at Energy Transfer (ET), recently bought 3,000,000 shares. The buy increased his stake by just over 1%, at a cost of $47 million. He was joined by the company’s Co-CEO, who bought 20,000 shares, paying $313,600. The buy increased his stake by less than 1%. The transactions mark the first insider buys of 2024. Going further back, company insiders were buyers throughout the last two years, with no insider sales. Overall, Energy Transfer insiders own 10% of ...
Read More About This

Fast fresh food chain Chipotle Mexican Grill (CMG) saw shares slip last week as the company’s CEO was poached to run Starbucks (SBUX). One trader is betting that Chipotle shares will continue to slide in the coming weeks. That’s based on the September 27 $46 puts. With 39 days until expiration, 10,159 contracts traded compared to a prior open interest of 228, for a 45-fold rise in volume on the trade. The buyer of the puts paid $0.30 to make the ...
Read More About This

The market continues to rebound from its steep selloff. With many of the most heavily sold names bouncing back the strongest, investors who look for slower-moving companies could see the best value here. That’s because the market rally this year has been driven higher by just a few big-cap tech companies. Other companies are starting to show signs of catching up, and will likely end the year strong. That means investors who buy during today’s market fears could see the best returns ...
Read More About This

Max Mitchell, a director at The Goodyear Tire & Rubber Company (GT), recently bought 25,000 shares. The buy increased his holdings by 60%, and came to a total cost of $194,000. Two other directors bought around the same time, each making an initial buy. One bought 31,408 shares for $252,206. The other bought 26,000 shares, shelling out $205,400. Overall, Goodyear insiders own 0.7% of shares. The producer of tires and other rubberized products is down 34% over the past year. Vehicle sales ...
Read More About This

Gold mining operator Barrick Gold (GOLD) is up 21% over the past year, about in-line with gold’s move higher. One trader is betting on a further rally through the end of 2026. That’s based on the December 2026 $22 calls. With 854 days until expiration, 7,466 contracts traded compared to a prior open interest of 146, for a 51-fold rise in volume on the trade. The buyer of the calls paid $3.35 to make the bullish bet. Barrick shares recently traded for ...
Read More About This

Companies are focused on growth. Sometimes, things don’t go to plan, and they have to cut back on headcount. That’s a bad sign. But sometimes, a company that’s growing finds ways to do more with fewer employees. That’s why markets send shares of a company higher after what first appears to be bad news. If a company can continue to grow with a smaller headcount, its profitability improves. With many of today’s AI trends underway, job layoffs at a company could be ...
Read More About This

Mark Alexander, a director at W.P. Carey (WPC), recently bought 3,500 shares. The buy increased his stake by 10%, and came to a total cost of $195,531. This marks the first insider buy in 15 months, as Alexander was the last buyer with a 1,000 share buy in May, 2023. Otherwise, the company’s Chief Accounting Officer sold a small position over two transactions in the past year, making the only other insider activity. Overall, W.P. Carey insiders own 1.2% of shares. The ...
Read More About This

Technology company MicroStrategy (MSTR), best known for holding a massive amount of bitcoin, is up 250% over the past year. One trader sees shares trending higher in the months ahead. That’s based on the October 18 $139 calls. With 64 days until expiration, 29,760 contracts traded compared to a prior open interest of 115, for a 259-fold rise in volume on the trade. The buyer of the calls paid $21.05 to make the bullish bet. MicroStrategy recently traded at a post-stock-split price ...
Read More About This