Trading Tips Blog

James Larson, a director at Ames National Corp (ATLO), recently picked up 1,300 shares. The buy increased his stake by just under 4 percent, and came to a total value of around $30,000. A number of other insiders also acquired shares around the same time, in amounts ranging from $3,500 to $5,000, in what looks like an options exercise. Company insiders, both directors and officers, have been accumulating shares over the past three years with no insider sales. Overall, company insiders ...
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Shares of casino giant Las Vegas Sands (LVS) have been trending down since mid-March, and now stand near a six-month low. One trader sees shares breaking off the low and moving higher once again. That’s based on the May 2022 $62.50 calls. With 298 days until expiration, over 35,780 contracts traded against a prior open interest of 677, for a 53-fold jump in volume. The buyer of the calls paid $2.21 on average. With shares around $47, they would need to rally ...
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A number of smaller tech companies exploded at the start of the year on the back of retail interest. Some of that speculation quickly died out. Even with markets still near all-time highs, these smaller players, which likely have better long-term growth potential, remain out of favor. One particular area where that holds true is with electric vehicles. It’s a potential $30 trillion market over the next decade as the trend of EVs goes mainstream. One of the more interesting companies in ...
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The Dorchester Minerals Operating company, the controlling entity for Dorchester Minerals LP (DMLP), recently added 9,000 shares. That increased the operating company’s holdings by 54 percent, and came to a total value of around $150,000. Besides buys from the operating company, a number of insiders, including the CEO, CFO, and COO have been buyers in the past year. The last insider sale occurred in March 2020, and was made by a company director. Overall, company insiders own about 8.2 percent of ...
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Shares of conglomerate 3M (MMM) have been trading in a range for the past few months. One trader sees the shares moving higher, potentially out of its trading range and into a new rally. That’s based on the September $210 calls. Over 10,200 contracts traded against an open interest of 272, for a 38-fold rise in volume. The buyer of the calls paid about $2.42 to make the trade. With shares around $200, a move to $210 represents about a 5 percent ...
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2020 was a great year for streaming service companies, as quarantined populations turned to binge watching shows old and new. With the economy reopening, however, more options are available to consumers, who want to get out of the house. That creates a challenge for streaming companies to keep their subscribers. For instance, in its latest earnings on Tuesday, Netflix (NFLX) reported lighter-than-expected subscriber growth, the key metric for streaming companies. However, Netflix is already working to develop gaming. While some feared this ...
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The Abdiel Qualified Master Fund, a major holder in Cricut (CRCT), recently added 123,291 shares. The buy increased the fund’s stake by 1.5 percent, and came to a total purchase price of just over $4.1 million. That adds to other buys from the fund in recent months, taking them from over 4.1 million total shares to 8.4 million shares. Some company insiders were sellers of shares back in April, although shares have rallied 83 percent since then. Overall, company insiders own ...
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Shares of oil refining giant Valero Energy (VLO) have been sliding in the past month. However, one trader sees a potential rebound in the coming months. That’s based on the November $65 call. With 120 days until expiration, over 5,115 contracts traded against an open interest of 128, for a 40-fold rise in volume. The buyer of the call options paid about $4.18 to make the trade. Shares of the company are currently around $62.50, making this a near-the-money call. Valero has ...
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