Trading Tips Blog

Shares of natural gas gathering, transmission, and storage firm Equitrans Midstream Corporation (ETRN) have traded flat over the past year. One trader sees a rally in the months ahead. That’s based on the January $12.50 calls. With 134 days until expiration, over 15,420 contracts traded, a 39-fold rise in volume from the prior open interest of 391 contracts. The buyer of the calls paid $0.18 to make the trade. Shares are currently in the low $9 range, meaning shares would need ...
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The past few years has seen a major jump in streaming services from various media companies. The competition has heated up, but the big players are up for the challenge. That’s seen with the original streaming giant Netflix (NFLX), which not only started streaming old shows, but started creating award-winning content to keep subscribers content with their monthly payments as well. To stay on top, the king of content has now bought the king of comedy. Shares got a boost late last ...
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Bruce Strohm, a director at SmartRent (SMRT) recently picked up 10,000 shares. The buy represents an initial stake for the director, with no prior shares owned. The total value of the shares came to just over $122,000. This represents the first insider transaction since the company went public in late August. Overall, company insiders still own 16 percent of shares. The smart home and smart building technology platform recently went public via SPAC, or special purpose acquisition company. Since going public, shares ...
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Shares of energy infrastructure Enbridge (ENB) have been trending higher in the past year. One trader sees that trend reversing. That’s based on the April $37.50 puts. With 218 days until expiration, over 11,250 contracts traded against a prior open interest of 151, for a 75-fold rise in volume. The buyer of the puts paid $1.63 to make the trade. Shares recently closed in near a 52-week high of $41, but are well off multi-year highs. That’s as the company’s earnings ...
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Stocks never move up in a straight line. One reason is profit-taking. In a bull market like this, that’s a bit rare. But other events can also temporarily weigh on a stock’s long-term uptrend. One big event is a regulatory warning. While big tech names sometimes take a one-day dive as some agency announces a record fine, or even a bank, which have collectively paid billions in fines, big pharma is the latest industry to come under fire as well. Consider AbbVie ...
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Kerri Anderson, a director at Abercrombie & Fitch (ANF), recently picked up 1,000 shares. The buy increased her stake by nearly 3 percent, and came to a total purchase price of just over $35,000. This is the second buy in recent weeks, following a 700 share buy from another director in August. Overall, company insiders have been more active on the sell side before these buys, which have occurred as shares have slid in recent weeks. Overall, company insiders own about Read More About This

Shares of energy producer Northern Oil & Gas (NOG) have been moving higher over the past year. Shares trended down over the summer, but are now starting to move higher, and one trader sees that rally continuing. That’s based on the March $20 calls. With 192 days until expiration, over 2,645 contracts traded against a prior open interest of 131, for a 20-fold rise in volume. The buyer of the calls paid about $2.10 to make the trade. Shares are currently in ...
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While some big spending bills are being discussed in Washington, the private sector is already moving towards growing out the technology of tomorrow. From the rollout of the 5G network to the ground-up monetary overhaul of cryptocurrency, the next decade looks to be the most transformative one yet. That’s also true with transportation. The last decade saw that the mass production of electric vehicles was possible. This decade, trends will move even more strongly in favor of these vehicles. One of the ...
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