Trading Tips Blog

Shares of Chinese e-commerce giant Alibaba (BABA) have sold off in recent weeks on increased regulations out of China as well as a slowing economy there. One trader sees the possibility for a rebound in the next few months. That’s based on the March $130 calls. With 138 days until expiration, over 4,400 contracts traded, a 33-fold rise in volume from the prior open interest of 134. The buyer of the calls paid $29.70 to make the trade. With shares around $150, ...
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Fintech has been supplanting traditional sources of finance and lending in the past few years at a rapid rate. One of the fastest-growing subsets is the BNPL, or buy now, pay later service. Replacing layaway plans and traditional credit measures, the industry is adapting to the rapid growth of this niche, which went from $3 billion in 2019 to nearly $40 billion in 2020 just in the US alone. Now, Mastercard (MA) is looking to roll out Mastercard Installments, a BNPL service ...
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Silver Point Capital, a major owner of Gulfport Energy Corp (GPOR), recently acquired an additional 22,000 shares. The buy increased the fund’s stake by nearly 0.25 percent, and came to a total purchase price of $1.75 million. This is the fourth buy from the fund since June, totaling nearly 450,000 shares. In the time the fund has been buying, shares have moved up nearly 35 percent. Overall, company insiders own 0.35 percent of company shares, and have been buyers at lower ...
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Shares of megabank Bank of America (BAC) hit a new 52-week high this week, even amid the latest market volatility. One trader sees the move higher, just a hair above the price the stock hit in June, as a sign that shares may be due for a drop. That’s based on the October 1 $43 puts. Expiring tomorrow, over 8,300 contracts traded compared to a prior open interest of 309, for a 27-fold jump in volume. The buyer of the puts ...
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Supply chain disruptions suggest that shortages for many goods will continue potentially indefinitely. However, a number of tech executives see a light at the end of the tunnel, with the shortage of semiconductor chips abating next year. The most recent to comment has been Lisa Su, the CEO of Advanced Micro Devices (AMD). She has noted that demand has been at record levels since the pandemic. Su reiterated that the company is continuing to get more chips into the hands of ...
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Joey Agree, President and CEO of Agree Realty Corporation (ADC), recently picked up 3,670 more shares. The buy increased his stake by 0.8 percent, and came to a total purchase price of just under $248,000. This follows up on two director buys of several hundred shares earlier in the month. Over the past three years, insider buys have greatly exceeded insider sales. Overall, company insiders own 2 percent of shares. Shares of the retailer-oriented real estate investment trust (REIT) are up ...
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Shares of mattress firm Tempur Sealy International (TPX) have more than doubled in the past year. One trader sees the potential for shares to move far higher in the coming months. That’s based on the January $60 calls. With 114 days until expiration, over 10,050 contracts traded against an open interest of 2020, a 50-fold rise in volume. The buyer of the calls paid $0.93 to make the trade. Shares are currently just under $50, so they would need to rise $10, ...
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Investing trends can sometimes start quietly before gaining a big interest. That’s especially true when it’s a trend that’s been hot in the past, but has slowed down, leading overly speculative investors into losses. One such area this year has been the automotive sector. Auto stocks were hot last year, particularly electric vehicle companies. But interest peaked at the start of the year before trading sideways or down. Now, that trend is reversing as companies continue to deliver on new offerings and ...
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