Trading Tips Blog

Shares of TV streaming platform Roku (ROKU) have been trending down since July. One trader sees the possibility for a rebound in the months ahead. That’s based on the December $325 calls. With 87 days until expiration, over 5,070 contracts traded, a 34-fold increase in volume compared to the prior open interest of 150. The buyer of the calls paid $30.08 to make the trade. Shares currently trade around $324, making this an at-the-money trade. Options should rise dollar-for-dollar with shares, less ...
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The past year has seen a number of commodities rise, and then sometimes fall. The list includes lumber, which at one point was the highest-performing commodity of the year before dropping. The past few weeks have seen a major increase in interest in uranium. While some see the trend as the result of retail traders, hedge funds and family offices are also gaining exposure to the commodity to take advantage of higher prices as well. Some of that demand has gone into ...
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Ann Aber, senior vice president and general counsel at JOANN Inc (JOAN) recently picked up 1,000 shares. The buy increased her holdings by 66 percent, and came to a total price of just over $11,000. Her buy was made a day after a 9,500 share buy from the company’s SVP and Chief of Merchandise, who paid just over $99,000. The company’s Chief Customer Officer picked up 2,500 shares on the same day, paying just under $26,000. This marks the first cluster of ...
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Shares of stock brokerage firm Robinhood (HOOD) have been declining since their IPO. One trader sees the decline continuing for the next few months. That’s based on the January $31 puts. With 123 days until expiration, over 1,500 contracts traded against a prior open interest of 114, for a 13-fold rise in volume. The buyer of the puts paid $2.80 to make the buy. Shares last traded around $42, so they would need to drop about $9, or more than 25 percent ...
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Wall Street loves a company that can create a subscription-based revenue model. Ensuring that customers come back monthly or annually make it possible for companies to better plan their future with some consistency. While a company with such a model might see lower growth, the consistency of growth tends to be appreciated by investors and analysts alike. Many companies, particularly in the tech space, have been embracing this model. One such company is Cisco (CSCO). The builder of the original Internet with ...
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Louis Vachon, a director at Molson Coors Beverage (TAP), recently picked up 3,000 shares. The buy increased his stake by over 10 percent, and came to a total purchase price of just over $138,000. This is the second insider buy of the year, following another director buy in February. Directors have also been buyers in 2020 as well, although many company executives have been sellers over the past three years, with sellers far outpacing buyers. Company insiders own 11.3 percent of ...
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Shares of specialty industrial machinery company Colfax Corporation (CFX) have been trending higher in the past year, although the share appreciation has slowed in recent months. One trader sees the possibility of a drop in the months ahead. That’s based on the December $40 puts. 5,000 contracts traded hands, a 48-fold rise in volume from the prior open interest of 105. The trade has 91 days until expiration. The buyer of the put paid $0.85 to make the trade. A strike price ...
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Company leadership changes over time. New leadership can bring about fresh energy, new ideas, and potentially find new ways to grow a business. Such leadership doesn’t always have to come from the CEO seat as well. That could be the case with Goldman Sachs (GS), which just announced a new CFO to replace the retiring one after a three-year tenure. Shares have had some strong performance over the past three years, rebounding strongly from the pandemic to new highs. The investment ...
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