Trading Tips Blog

Shares of solar company Sunnova Energy International (NOVA) are down over 50 percent from their recent peak. However, one trader sees the possibility for a strong rebound in the coming months. That’s based on the April $35 calls. With 118 days until expiration, over 15,000 contracts traded hands, a 90-fold surge in volume from the prior open interest of 155. The buyer of the calls paid $2.63 to make the trade. The Houston-based solar company saw shares surge to a high ...
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Investing in dividend stocks tends to put one in the mindset of an investor, not a trader. That’s true when looking at the narrower world of dividend growth stocks. But such companies can offer great returns, thanks to those dividends as well as a rising price over time. It’s also helpful when a company has a buyback program in place, reducing the total shares outstanding. The combination of those factors can lead to great returns for patient investors. One such dividend growth ...
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Thomas Long, Co-CEO of Energy Transfer LP (ET), recently bought 80,546 more shares. The buy increased his holdings by just over 5 percent, and came to a total purchase price of just over $600,000. He was joined by a cluster of other buyers, including the company CFO who bought 67,121 shares, paying just over $500,000. The company COO bought 33,561 shares, and the firm’s executive chairman bought 16,191,39 shares, a $120 million commitment. Insiders own 11.2 percent of the company overall ...
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Shares of casino operator MGM Resorts International (MGM) have slid lower in the past month on the latest Covid fears. One trader is betting those fears are overblown and shares will trend higher in the next month. That’s based on the January $44 calls. With 37 days until expiration, 11,275 contracts traded against a prior open interest of 186, for a 61-fold rise in volume. The buyer of the calls paid $0.89 to make the trade. Shares last traded around $40, so ...
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Five years ago, no US company had a market valuation over $1 trillion. Today, five carry that distinction, and two of them have a market cap over $2 trillion at the moment. That’s a large amount of growth over a relatively short period of time. But it’s possible that these industry-leading tech firms could continue to increase even further in the years ahead. Apple (AAPL), the largest company by market cap, has become the dominator for consumer-friendly tech. And it’s nearing ...
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Gary Hultquist, a director at Kinder Morgan Inc (KMI), recently bought 13,000 shares. The buy increased his stake by 80 percent, and came to a total purchase price of just over $211,000. He was joined by two other directors. One bought 10,000 shares, paying just over $162,000. The other bought 6,000 shares, paying just over $98,000 for that stake. These are the first insider buys since August 2020. Two company executives have been sellers of shares at higher prices this year. Insiders ...
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Shares of food giant The Kraft Heinz Company (KHC) rose in the first few months of the year, only to decline in the past few months. One trader sees a short-term rally in the works. That’s based on the December 31st $35 calls. With 17 days until expiration, 15,559 contracts traded against a prior open interest of 318, for a 49-fold surge in volume. The buyer of the calls paid $0.40 to make the trade. The stock’s decline over the past few ...
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2021 is coming to an end, and for traders, it will mostly be remembered as a year when retail traders jumped into rising stocks, fueling even further gains. The original “meme stock” trade is that of retail game company GameStop (GME). Some see the company as a struggling dinosaur, especially after the company reported its most recent earnings. However, a read beyond the headline earnings numbers suggest that the company, which is still up substantially this year, has further upside. The company ...
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