Trading Tips Blog

Shares of energy giant ExxonMobil (XOM) have been soaring higher with rising oil prices in the past few months. One trader expects that trend to continue in the next few months as well. That’s based on the June $52.50 calls. With 125 days until expiration, 11,429 contracts traded compared to a prior open interest of 112, for a staggering 102-fold jump in volume. The buyer of the calls paid $26.55 to make the trade. Shares have recently been trading for about ...
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A number of high-profile technologies are being rapidly developed and will become mainstream in the next few years. That includes everything from the rise of cryptocurrencies, to the growing Metaverse, to other tech like self-driving cars. While each of those tech trends has specific companies, the infrastructure for those technologies will disproportionately will fall on a small number of firms. The absolute top player for these tech trends is graphics processing company Nvidia (NVDA). The company has already been a big winner, ...
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Byron Boston, CEO and Co-CIO of Dynex Capital (DX) recently bought 12,600 shares. The buy increased his holdings by 3.5 percent, and came to a total price of just over $201,000. This is the first insider activity at the company in nearly one year. Insiders have mostly been buyers of shares over the past three years, but this most recent one is the largest insider activity in over two years. Overall, company insiders own nearly 3.5 percent of the outstanding shares. Shares ...
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Shares of digital real estate platform Opendoor Technologies (OPEN) have shed over two thirds of their value in the past year. One trader sees the possibility for a rebound ahead. That’s based on the February 25th $11 calls. With 15 days until expiration, 10,605 contracts traded hands, compared to an open interest of 375, for a 93-fold jump in volume. The buyer of the calls paid $0.62 to make the trade. The company next reports earnings on February 24th, the day before ...
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One way to profit in the stock market is to find where large buy orders are occurring and then follow along. That’s typically done by institutional investors, but the launch of a popular new ETF could also bring a lot of new capital into a niche sector and lead to a big move higher. That could be the case in the coming days as a new ETF focused on Bitcoin mining companies comes onto the market. With crypto prices starting to ...
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Rodney McMullen, a director at VF Corporation (VFC), recently picked up 3,000 shares. The buy increased his holdings by over 21 percent, and came to a total price of $193,500. This marks the first insider buy at the company since June 2020. Otherwise, company insiders, including both executives and directors, have been sellers of shares over the same timeframe. Over the past three years, company insiders have been more inclined to sell rather than buy shares, even with the stock near ...
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Shares of carmaker General Motors (GM) have been trading in a range over the past year, with shares now trading near the lower end of their range. One trader sees the possibility for a rebound in the coming weeks. That’s based on the March 11 $52 calls. With 30 days until expiration, 7,591 contracts traded compared to an open interest of 159, for a 48-fold rise in volume. The buyer of the calls paid $1.98 to make the trade. Shares are currently ...
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Companies with a strong brand have pricing power. They can raise prices faster than a product without a brand attached to it. That can create a valuable company, and one with higher profit margins than competitors. With a market correction, many companies with strong brands have seen their shares get thrown out like the proverbial baby with the bathwater. Astute investors should view big selloffs as buying opportunities. One such opportunity may be in Clorox (CLX). The cleaning supply brand, best known ...
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