Trading Tips Blog

Shares of wireless communication giant Qualcomm (QCOM) have been on a long-term surge over the past few years, although shares have been dropping with the overall market more recently. However, one trader sees the potential for a rebound in the coming weeks. That’s based on the March $175 calls. With 29 days until expiration, 2,828 contracts traded compared to an open interest of 171, for a 17-fold jump in volume. The buyer of the calls paid $5.30 to make the trade. Shares ...
Read More About This

The stock market selloff has been hitting tech stocks the hardest. That’s turned some high-flying valuations into more reasonable ones. While maybe not an extreme value, companies that are able to report growing earnings in spite of the economic headwinds right now could be at a solid entry point. That’s especially true for industry-leading tech companies that are also contending with the issues of larger companies, such as regulatory ones. The perfect example of this is Nvidia (NVDA). The graphics processing giant ...
Read More About This

Jane Scaccetti, a director at Penn National Gaming (PENN) recently added 1,975 shares. The buy increased her stake by over 4 percent, and came to a total price of just over $98,000. This marks the first insider buy at the company in the past year, since the same director picked up 820 shares at a cost of just over $99,000. Otherwise, company directors and executives have been big sellers of shares over the past two years. Overall, insiders own 1.6 percent ...
Read More About This

Shares of defense contractor Lockheed Martin (LMT) moved higher on news of a potential war between Russia and the Ukraine. One trader is betting that shares will decline in the next few weeks as those fears decline. That’s based on the March $390 puts. With 23 days until expiration, 7,787 contracts traded against a prior open interest of 155, for a 50-fold jump in volume. The buyer of the puts paid $13.05 to make the trade. Shares last traded for about ...
Read More About This

Earnings season has led to some wild swings, even in companies that tend to trade with low volatility. However, reading behind the headlines that led to a big swing – in either direction—can point to a different direction going forward once the market starts to calm down. With many tech stocks reporting earnings, many have been hit harder than necessary on small misses thanks to the recent fears in the markets. One such “loser” right now is Palantir Technologies (PLTR). The big-data ...
Read More About This

Harry Sloan, a director at Lions Gate Entertainment (LGF.B), recently added 50,000 shares to his holdings. The buy came to a cost of $649,000 exactly. This marks the first insider transaction of the year. Another director was a steady buyer throughout 2021 and 2020, and the last insider sale occurred back in early 2019, so company insiders have generally been buyers of shares at the company. Overall, insiders own just under 2.8 percent of shares. Shares of the entertainment production company are ...
Read More About This

Shares of cryptocurrency brokerage Coinbase (COIN) have been trading much like the overall crypto space ever since shares started trading last year. One trader sees the potential for a jump higher in the coming weeks. That’s based on the March 4 $205 calls. With 11 days until expiration, 2,514 contracts traded against a prior open interest of 109, for a 23-fold rise in volume. The buyer of the calls paid $9.20 to make the trade. Shares are in the low $190 ...
Read More About This

There are many ways that companies can reward shareholders. Most maturing companies will pay out a part of their earnings in the form of dividends. Those dividends can be spent, kept as cash, or reinvested. While less mentioned but possibly more popular, many companies have implemented share buyback plans. This reduces the total shares outstanding, which rewards remaining shareholders. It also helps a company report higher earnings per share, even if their overall earnings don’t improve. One company showing growing earnings ...
Read More About This