Trading Tips Blog

Shares of mobile commerce company Affirm Holdings (AFRM) have been declining in recent weeks after a big jump higher earlier in the year. One trader sees the potential for shares to reverse course and trend higher again. That’s based on the May $125 calls. With 141 days until expiration, over 5,125 contracts traded compared to an open interest of 336, for a 15-fold rise in volume. The buyer of the calls paid $15.40 to make the trade. Shares last traded around $107, ...
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While the stock market has shaken off the Omicron variant fears and the potential for rising interest rates impacting the economy, not every company has gone along for the ride. Some have had a poor performance, even as they’ve been doing well operationally. That’s creating an opportunity for investors to buy a strong, industry-leading investment that offers strong profitability and cash flow, and with it a worthy stock to buy now. One such play? Mastercard Corporation (MA). The credit card payment processing ...
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Heyward Donigan, President and CEO at Rite Aid Corp (RAD), recently bought 14,350 shares. The buy increased his stake by 2.6 percent, and came to a total cost of $200,000. This marks the first insider buy at the company in the past three years. In that timeframe, insiders, including both directors and corporate officers, have been sellers of shares, almost entirely at higher prices than where the stock trades today. Overall, insiders own 2.7 percent of company shares. Shares of the drugstore ...
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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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