Trading Tips Blog

Shares of telecom giant Vodafone (VOD) have been trending down since May. However, one trader sees a potential rebound in shares ahead in the next six months. That’s based on the April $17 calls. With 171 days until expiration, 60,066 contracts traded against a prior open interest of 364, for a 165-fold explosion in volume. The buyer of the calls paid $0.50 to make the trade. The decline in company shares have led to a drop around $15.50, so a move to ...
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Merger and acquisition activity is alive and well. More importantly, even rumors of a possible deal are capable of moving shares of companies large and small alike. That’s the case with Pinterest (PINS). News broke that the social media site might be acquired around $70 per share, at a valuation of nearly $39 billion. The potential buyer? Payment services company PayPal (PYPL). On its face, the deal doesn’t seem to make a lot of sense. These are two very different companies ...
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William Rogers, CEO of Truist Financial Corp (TFC), recently picked up 67,000 shares. The buy increased his stake by nearly 7 percent, and came to a total price of just over $4.14 million. This marks the first insider buy at the bank since July 2020. Otherwise, company insiders have been regular sellers of shares, even as the bank’s price has risen in the past year. The last cluster of insider buying occurred in early-to-mid 2020, amid the covid bear market. Insiders own ...
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Shares of electric battery technology company QuantumScape (QS) are well off their highs from the past year, but have been trending higher in recent weeks. One trader sees the trend continuing. That’s based on the November $31 call. With 28 days until expiration, over 10,015 contracts traded, an 81-fold jump in volume from the prior open interest of 124. The buyer of the calls paid $0.65 to make the trade. With shares around $25, they’d need to rise another $6, or nearly ...
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Some companies are still seeing sales and revenues below their 2019 pre-Covid peak. For these firms, changes in how we live and travel continue to impact their returns. And when it comes to how their stocks perform, it comes down to now how much a company loses, but whether or not it’s more or less than expected. That’s the case with United Airlines (UAL). The major carrier reported a smaller-than-expected loss in its most recent quarter. The carrier also reported that its ...
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Martin Wygod, a director at Forian Inc (FORA), recently added 9,002 shares to his stake. The buy increased his holdings by 3.6 percent, and came to a total purchase price of just over $90,000. This is the third buy from the director in the past month, including a 3,700 share buy in early October, and an 11,844 share buy in September. Other directors have also been buyers throughout the year. Overall, company insiders own nearly 43 percent of shares. Shares of the ...
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Shares of semiconductor firm Marvell Technology (MRVL) have been trending higher in the past few months amidst a global chip shortage. One trader sees further upside ahead. That’s based on the March $75 calls. With 148 days until expiration, over 2,390 contracts traded against a prior open interest of 143, for a 17-fold rise in volume. The buyer of the calls paid $3.40 for the trade. With shares last trading near $68, the stock would need to rise just over 10 percent ...
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After a failure to deliver on time, the SEC finally released a report on January’s “meme stock” activity in the market, primarily centered around the explosive move higher in GameStop (GME). The report came out with a statement that the regulator will try and use the event as a way to ensure markets remain fair for the little guy. But what’s more important is what didn’t make the headline of the report. The report noted that the explosive move higher in ...
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