Trading Tips Blog

Robert Henkel, a director at Owens & Minor (OMI), recently picked up 1,000 additional shares. The buy increased his stake by over 4 percent, and came to a total purchase price of just over $33,000. The director has previously been a buyer in September, and in May, also in increments of 1,000 shares. Over the past three years, sellers have exceeded buyers, particularly in the past year as shares rallied before coming down in recent weeks. Insiders own 3 percent of ...
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Shares of electric vehicle manufacturer Faraday Future Electric (FFIE) have been trending down for several months. However, one trader sees a strong rebound in the coming months. That’s based on the December $10 calls. With 58 days until expiration, over 10,930 contracts traded, a 70-fold jump in volume from the prior open interest of 156 contracts. The buyer of the calls paid $0.70 for the trade. Shares currently trade just over $9, so would need to rally at least 10 percent in ...
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A number of retailers have already started dropping Black Friday deals. Typically starting the day after Thanksgiving, the story on Wall Street is that it really marks the day that retail companies move to profitability, or in the black, for the year. With some pent-up consumer demand and rising wages this past year, sales could blowout 2020’s pandemic-reduced numbers. While retail has already performed well as a sector this year, traders will likely fare best if they consider a best-of-breed ...
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Samsara BioCapital, a major owner of Graphite Bio (GRPH), recently added 50,800 shares. The buy came to a total cost of just over $667,000. This follow up from a 145,496 share buy from the same fund a week before. These are the only transactions from insiders since the company went public in August 2020. Overall, company insiders own nearly 10 percent of shares, with major holders like Samsara owning a collective 80 percent of shares, leaving few for individual investors. Shares ...
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Shares of oil and gas giant British Petroleum (BP) have nearly doubled in the past year on the back of rising energy prices. One trader sees that trend continuing for some time. That’s based on the January 2024 $25 calls. With 822 days until expiration, 2,540 contracts traded, a 25-fold jump in volume over the prior open interest of 103. The buyer of the calls paid $6.57 to make the trade. With shares going for about $29.50, a 52-week high, the ...
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Investors have to pay up for quality. That tends to be worth it in time, as buying the best company in a sector can provide excess returns. In the past few trading sessions, the biggest Wall Street banks have been reporting earnings. Most have beaten earnings, as well as provided a buoyant outlook and reduced loan loss reserves, a sign of long-term financial health. While investors may think all big banks are the same, that’s not always the cases. Some banks ...
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Alvin Libin, a major owner at Riley Exploration Permian (REPX), recently added 7,500 shares. The buy increased his stake by 0.2 percent, and came to a total price of just over $187,000. This insider has been a buyer back in August with multiple buys back at a lower price than where shares trade today. Another major holder has also been a buyer over the past few months, with insiders picking up over 200,000 shares in that timeframe. Overall, company insiders own Read More About This

Shares of telecommunications company Lumen Technologies (LUMN) have risen about in-line with the overall market in the past year, but shares have been trending down in recent months. One trader sees the downtrend in shares continuing. That’s based on the December $12 puts. With 60 days until expiration, 5,020 contracts traded hands, a 35-fold rise in volume from the prior open interest of 142. The buyer of the puts paid $0.73. Shares currently trade around $12, making this an at-the-money trade. Shares ...
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