Trading Tips Blog

Shares of consumer goods company Colgate-Palmolive Company (CL) have ended up trading flat over the past year. One trader sees the potential for a move higher in the coming months. That’s based on the May $85 calls. With 142 days until expiration, 11,402 contracts traded hands, a 34-fold rise in volume from the prior open interest of 337 contracts. The buyer of the calls paid $2.88 to make the trade. Shares last traded around $83, so it would take less than a ...
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The busiest year for companies going public in over a decade has been a mixed one for investors. Most companies that had their initial public offering, or IPO, this year saw their shares sink, rather than rise. However, underperformance is no indication that a newly-public company is destined for failure. A number of companies that went public this year have already been strong performers, many even making a profit as they finally went public. Among some of the more profitable names going ...
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Matthew Simoncini, a director at Luminar Technology (LAZR), recently added 10,000 shares. The buy increased his holdings by 28 percent, and came to a total cost just over $160,000. This is the second buy from the director in as many weeks, following a 4,355 share buy in mid-December for just under $66,000. A number of other directors and the company CFO have been buyers in the past few weeks. Overall, insiders own 16.7 percent of company shares. The buys have come in ...
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Shares of communications real estate investment trust American Tower Corporation (AMT) have been trending higher in the last year, although they’ve flatlined in recent months. One trader sees a deep value in shares and the potential for them to move higher. That’s based on the January 2023 $150 calls. With 389 days until expiration, 1,770 calls traded against a prior open interest of 121, for a 15-fold rise in volume. The buyer of the calls paid $131.65 to make the trade. Shares ...
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The threat of changing laws and regulations has weighed on some tech stocks. However, the hardest hit stocks have been hurt the most from changes coming from other businesses, not government regulators. For instance, earlier this year, Apple (AAPL) changed advertising-tracking policies on its devices. That’s led to poor performance in a number of companies, particularly those that offer social media services. The biggest loser? Snapchat (SNAP). Shares peaked at $83 earlier this year, and have since lost 45 percent of their ...
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Kevin Weil, a President of product and business at Planet Labs (PL), recently bought 165,580 shares. The buy increased his holdings by over 15 percent, and came to a total purchase price of just over $995,000. This is the second recent buy from insiders, as a company director bought 36,785 shares valued at over $245,000 the week before. These two buys constitute the only insider activity since the company went public. Overall, insiders own about 14 percent of company shares. The company ...
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Shares of gold mining firm Newmont Mining (NEM) have been range-bound over the past few months. One trader sees the company moving back down to the lower end of its range in the next few weeks. That’s based on the February $52.50 put. With 56 days until expiration, 6,930 contracts traded against a prior open interest of 295, for a 23-fold rise in volume. The buyer of the puts paid $0.88 to make the trade. Overall, shares are down about 2 ...
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While uncertainty has been weighing on the stock market, great companies can continue to deliver, no matter what the economy or latest fears are doing. Quality results and returns speak for themselves. It’s even easier when a company has strong demand for its products and is a leader in its industry. That makes it ideal to buy during periods of market fears. Case in point? Nike (NKE). The sports apparel company is continuing to demonstrate that it’s a global powerhouse. In its ...
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