Trading Tips Blog

Shares of beverage giant Coca-Cola (KO) have been trending higher since a small pullback in September. One trader sees that trend continuing in the next few weeks. That’s based on the November 26 $58 calls. With 21 days until expiration, over 65,980 contracts traded, a 371-fold rise from the prior interest of 178. The buyer of the calls paid $0.20 to make the trade. With shares in the low $56 range, they would need to rally about 3 percent for the option ...
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This week, global leaders flew in private jets and extensive motorcades to meet regarding the climate and how greenhouse gas emissions could be curbed. The meeting occurred as oil prices globally hovered near a seven-year high with no sign of abating. Those high prices are starting to show up positively for traditional hydrocarbon companies as well. Any stock that has an oil or gas well has been a strong performer in recent months. The latest winner is ConocoPhillips (COP). The company Read More About This

Harald von Heynitz, a director at Fluence Energy (FLNC) recently added 1,000 shares. That represents an initial stake for the director, and came to a total cost of $28,000. He was joined by director Herman Bulls, who picked up 10,000 shares, paying $280,000 to do so. That was also an initial buy. The company is a subsidiary of German conglomerate Siemens, and shares went public on October 28, so more insider buys may be in store in the weeks to come. Full ...
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Shares of drugstore chain CVS Health Corporation (CVS) hit an all-time high in May, dipped, and have finally broken through to new highs. One trader sees that breakthrough continuing in the short run. That’s based on the November 12 $100 calls. With 8 days until expiration, over 34,095 contracts traded, a staggering 181-fold jump in volume from the prior open interest of 188. The buyer of the calls paid $0.33. With shares of the company around $91, they would need to ...
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Every company navigates earnings season a bit differently, no matter what sector they’re in. However, few companies report on the weekend. One exception? Berkshire Hathaway (BRK-B). The company reports this Saturday. A likely economic rebound in many of the company’s fully-owned subsidiaries, appreciating stock portfolio, and share buybacks point to some big profits ahead. Going forward, the mix of improving earnings and reduced share could should continue to drive shares higher. Already, estimates are for a 32 percent rise in operating earnings, ...
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CD&R Investment Associates IX, a major owner of Beacon Roofing Supply (BECN), recently added 116,945 shares to their holdings. The buy increased the fund’s stake by over 0.8 percent, and came to a total purchase price of $6 million. This marks the first insider buys since August, when the company CEO and CFO bought shares, with the CFO buying nearly $100,000 in shares and the company CEO nearly $245,000. Going farther back, insiders were more likely to be sellers. Company insiders own ...
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Shares of wireless communications company BlackBerry (BB) have been trading relatively flat since a big surge higher at the start of the year and a smaller rally higher in May. One trader sees the possibility for another jump higher in shares in the coming weeks. That’s based on the November 26 $17 calls. Expiring in 23 days, over 4,465 contracts traded against a prior open interest of 101, for a 23-fold jump in volume. The buyer of the call paid $0.21 ...
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Last year, retail traders piled into shares of Hertz Global (HTZZ) as the company was still in bankruptcy. With the company largely in limbo due to the pandemic’s uncertainty regarding business and leisure travel, the notion of investors buying in seemed ridiculous. But those investors are having the last laugh. They pushed the share price higher, allowed the company to issue more shares and pay down debt, and now the world is facing a shortage of cars rather than a surplus. Last ...
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