Trading Tips Blog

Shares of food conglomerate Kraft Heinz Corp (KHC) have been gradually trending higher over the past few months. One trader is betting on a further rally in the coming weeks. That’s based on the December 3 $36 calls. Expiring at the end of next week, over 20,817 contracts recently traded, a 135-fold jump from the prior open interest of 154 contracts. The buyer of the calls paid $0.28 to make the trade. Shares last went for about $35 per share, so the ...
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For many alternative assets, there’s simply no way to make a liquid trade on an exchange. For those who care about fine art, the wine market, rare stamps or coins, there’s no easy fund to buy into. However, investors in the latest new asset class, cryptocurrencies, are finding an increasing number of options. It’s now been a year since major payment platforms have allowed users to park their cash in crypto names instead. A number of brokerage firms allow such trades ...
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Keith Koci, an EVP at Cleveland-Cliffs (CLF), recently picked up 10,000 shares. The buy increased his stake by nearly 5 percent, and came to a total purchase price of just over $218,000. This marks the first insider buy at the company since May. Overall, company insiders have been regular buyers of shares over the past three years, with some moderate sales by company directors earlier this year and the sale of a stake from a major company back in February. Overall, company ...
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Shares of brokerage firm Robinhood Markets (HOOD) have been trending down since shortly after the company went public earlier in the year. One trader, however, sees the possibility for a rebound from here. That’s based on the May $55 calls. With 177 days left on the trade, 3,710 contracts traded against an open interest of 129, for a 29-fold jump in volume. The buyer of the calls paid $1.64 to make the trade. The stock last went for around $29 per share, ...
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Consumer stocks have been in the spotlight due to strong earnings in the past few days. While many trends point to a strong holiday season, retailers that are known for providing low prices and deals could fare even better with inflationary fears and supply chain shortages still making headlines. One company that could break to new highs this holiday season is Kohl’s (KSS). The retailer chain reported on Thursday that both earnings and revenues beat expectations, and the company raised guidance ...
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Mark Hickson, a director at Fisker (FSR), recently picked up 44,900 shares. The buy increased his stake by 259 percent, and came to a total purchase price just over $983,000. The buy comes a day after another director picked up 11,359 shares, paying nearly $248,000, and the day before that a third director bought 1,175 shares, paying just under $25,000. Prior to that, some company insiders including a major holder, have sold shares. Insiders own roughly 3.2 percent of the electric ...
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Shares of chipmaker Advanced Micro Devices (AMD) have been on a tear, roughly doubling over the past six months. With the rate of returns increasing, one trader is betting on a further move higher in the next few days. That’s based on the December 3 $190 call options. With 11 days until expiration, over 3,050 contracts traded, a 28-fold rise in volume from the prior open interest of 110 contracts. The buyer of the calls paid $0.47 for the trade. Shares trade ...
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While the stock market is still near all-time highs, a number of companies haven’t gone along for the ride, with a peak earlier in the year, even as those companies have performed well operationally. Among the surprising “off the peak” stocks out there, payment company Visa (V) has joined the list, shedding nearly 5 percent on Wednesday and down nearly 20 percent from its 52-week high. Shares of the credit card payment company, one of the biggest players in a highly-profitable oligopoly, ...
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