Trading Tips Blog

Retail is a tough business, with low profit margins and cranky customers who expect a lot for the least amount of money. With the rise of a new Covid variant and high inflation rates, the space may not seem like the most attractive going into what’s usually the best few weeks of the year for retail companies. Fortunately, there are a number of safe-haven plays in the space, largely in big-box stores offering consistent and low prices for customers. With economic fears ...
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Patrick Doyle, a director at Best Buy (BBY) recently picked up 20,000 shares. The buy increased his holdings by 63 percent, and came to a total purchase price of just under $2.1 million. This marks the first insider buy at the big-box retailer in over three years. Company insiders have generally been big sellers of shares, particularly company executives thanks to stock compensation. Even with the large amount of insider selling over the past few years, insiders do own just over ...
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Shares of automotive dealership Vroom Inc (VRM) have been in a steady decline over the past year, as a parts shortage has made new vehicle production costly and led to a shortage of used vehicles. However, one trader sees room for a rebound ahead. That’s based on the January 2023 $20 calls. With 408 days until expiration, over 15,095 contacts traded against a prior open interest of 202, for a 75-fold jump in volume. The buyer of the calls paid $2.95 to ...
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Markets don’t just react to events, they over-react. That means that a stock in an uptrend may head far higher than expected in a rally. Or a stock that’s selling off may get too oversold as stop losses keep getting hit, setting off new waves of selling. Earnings season can sometimes cause some larger-than-expected moves in a stock if there’s a miss on either earnings or forward outlook. The latest example is DocuSign (DOCU). Shares dropped 42 percent in trading on Friday, ...
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David Skidmore, a director at Sunoco, LP (SUN), recently picked up 2,500 shares. The buy doubled the director’s holdings, and came to a total cost just over $95,000. This marks the first insider buy since March 2020 during the last market low. Since then, company insiders have been sellers, with a cluster of directors and one executive selling in November 2020. Overall, insiders have generally transacted in amounts under $100,000 at a time. Insiders own nearly 35 percent of the oil ...
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Shares of aluminum producer Alcoa Aluminum (AA) have been a strong performer in the past year, as both a play on continuing economic growth and as a hedge against inflation. One trader sees that trend continuing for the foreseeable future. That’s based on the January 2023 $55 calls. With 409 days until expiration, over 11,960 contracts traded, a 48-fold jump in volume from the prior open interest of 248 contracts. The buyer of the calls paid $6.88 to make the trade. With ...
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Market sentiment has shifted from bullish to mixed in the past week with the rise of the Omicron variant, inflation fears, and how the Fed might be acting too little, too late. However, even with those fears, some trends are still continuing no matter what short-term fears pop up. One of those trends is the growth of microchips in a variety of technologies. Rising uses still means a shortage now, but companies are rising to the occasion. Case in point? Marvell Technology ...
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Sujal Patel, President and CEO of Nautilus Biotechnology (NAUT), recently added 250,000 shares. The buy increased his holdings by 1.5 percent, and came to a total price just over $1.1 million. A director also bought shares on the same day, picking up 50,000 shares at a price totaling just over $250,000. Several insiders, including the company CFO and other directors were buyers in November at slightly higher prices. Overall company insiders own over 38 percent of the company, which just went ...
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