Trading Tips Blog

Shares of energy explorer and producer Devon Energy Corporation (DVN) are up nearly four-fold in the past year as energy prices, particularly natural gas, are on the rise. One trader sees shares moving even higher in the coming weeks. That’s based on the December $46 calls. With 52 days until expiration, 6,145 options traded against a prior open interest of 217, for a 30-fold rise in volume. The buyer of the calls paid $0.94 to make the trade. With shares currently just ...
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Investors are looking for how companies are navigating the worst environment for inflation in 25 years. Many companies are doing well, having found ways to cut costs, or raise prices without losing out on sales. Some of the best companies do a little bit of both. That’s the case with Chipotle Mexican Grill (CMG). The company reported solid earnings, as higher costs were offset by higher menu prices, allowing the company to report earnings of $7.02 per share, beating estimates of ...
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Robert Niblock, a director at Lamb Weston Holdings (LW), recently bought 2,500 shares. The buy increased his stake by 27.5 percent, and came to a total price of $141,000. The buy came just a few days after another director bought 5,000 shares, increasing his holdings by 32 percent and at a cost of just under $279,000. The buys come a few months after the company President and CEO made the last insider sale. Overall, insiders own just over 1 percent of ...
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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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