Trading Tips Blog

Russell Burke, a director at Global Self Storage (SELF) recently picked up 1,800 shares. The buy increased his stake by just over 8 percent, and came to a total price of just over $23,000. This follows up on 5,000 shares bought by the company President and CEO over the two prior weeks. Over the past 3 years, insiders have only bought shares with no sales. Overall, insiders own just over 10.3 percent of the company. Shares of the small cap owner of ...
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Shares of uranium producer Cameco (CCJ) were on a strong uptrend until June, then slid. In recent days, they’ve moved higher. One trader sees that trend continuing in the weeks ahead. That’s based on the October $21 calls. With 39 days until expiration, over 5,065 contracts traded against an open interest of 155, for a 33-fold rise in volume. The buyer of the calls paid about $1.32 on average. Shares are just under $21 right now, about $1 under their old ...
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The past earnings season has been tough for many “stay at home” stocks that benefitted in 2020 from the pandemic. The biggest issue is that these companies are still growing, but their rate of growth has slowed substantially. Over time, it’s likely many of these companies will recover from the market fears. One company that just faced an earnings selloff, has more to it than being a “stay at home” play. The company is Chewy (CHWY). Shares faced a drop on Thursday ...
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Alvin Libin, a major owner at Riley Exploration Permian (REPX), recently bought 4,814 additional shares. The buy increased his stake by nearly 0.3 percent, and came to a total purchase price of just under $96,000. Libin has been a major buyer throughout the past month, with three additional purchases in August, totaling nearly 35,000 shares. Going further back, there has been more of a mix of insider buys and sells, with buying overall exceeding insider sales. Overall, company insiders own nearly ...
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Shares of credit card giant Mastercard (MA) have been sliding over the past month. However, one trader sees the potential for a move higher in the coming few months. That’s based on the November $355 calls. With 77 days until expiration, over 17,960 contracts traded against a prior open interest of 110, for a 163-fold explosion in volume. The buyer of the calls paid about $13.85 to make the trade. With shares around $350, the option is nearly at-the-money. Over the past ...
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Some investors are a nervous bunch. They’re always looking for a reason to sell off shares. They can be human, or simply algorithms looking for trading opportunities based on negative headlines. The latter may have recently prevailed, when a high-end semiconductor firm saw its shares drop 5 percent on a day. The reason? Some company insiders sold shares. Never mind that most tech executives are given shares for performance, and have many reasons to sell. The company? NXP Semiconductor (NXPI). Shares dropped ...
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Carol Davidson, a director at FMC Corporation (FMC), recently picked up 1,500 shares. The buy increased her stake by nearly 50 percent, and came to a total purchase price of just over $140,000. She was joined by the company CEO, who bought shares last week, picking up 1,1100 shares at a price of nearly $100,000. This marks the first insider buy at the company since late 2018. Otherwise, company insiders have been steady sellers of shares. Overall, company insiders own 0.7 ...
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Shares of product research company Vinco Ventures (BBIG) have quadrupled in recent sessions. One trader sees the possibility for a surge even higher. That’s based on the October $20 calls. Over 10,173 contracts traded against a prior open interest of 111, for a 92-fold jump in volume. The buyer of the calls paid about $1.33 to make the trade. With shares trading around $10 on Wednesday, they’d need to rally over 100 percent in the next 43 days before expiration for the ...
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