Trading Tips Blog

Shares of telecom company Verizon (VZ) have been trading in a narrow range over the past year. One trader sees shares moving higher, possibly back to the top of their trading range, if not higher. That’s based on the September $50 calls. Over 10,000 contracts traded against a prior open interest of 336, for a 30-fold rise in volume. The buyer of the options paid about $6.75 to make the trade. Shares of Verizon last traded near $56.50, leaving this option about ...
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The airline industry is back. Earnings season is still unfolding, but the airlines, which looked like they may be facing years of challenge ahead at the start of the pandemic, are already at or near profitability. Delta Airlines (DAL) has led the way with earnings so far. The company earned $1.02 per share, excluding special items on its earnings. The move comes as domestic travel rebounds to pre-pandemic levels. Given that Delta was expected to lose $1.33 per share, the results ...
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Michael Keller, a director at Super League Gaming Inc (SLGG), recently picked up 20,000 shares. The buy increased his holdings by over 11 percent, and came to a total purchase price of just over $97,000. This is the second buy from this insider in the past year, following a 17,000 share buy in April. Company insiders, including C-suite executives and directors have all been buyers in the past 3 years. Overall, company insiders own over 14 percent of shares. It’s easy ...
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Shares of car manufacturing giant Ford (F) have been doing well this year. One trader sees that trend continuing well into the next year. That’s based on the June 2022 $22 calls. The trade has 336 days left until expiration. Over 6,200 contracts traded against a prior open interest of 320, for a 19-fold rise in volume. Based on where shares last traded in the low $14 range, the stock price would need to surge over 54 percent to move in-the-money. The ...
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Pandemic restrictions are ending globally, which points to a potential revival, however slowly, of global travel. While some may be wary of international travel, others may be sick of staying at home or traveling domestically. Either way, those trends bode well for the larger travel and tourism industry. With business picking up, the fundamentals of many companies will likely improve, leading to higher share prices for those stocks. One big potential winner here is Airbnb (ABNB). Many who resume traveling may want ...
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Douglas Tobler, the CFO of Vista Gold Corp (VGZ), recently bought 10,000 more shares. The buy increased his stake by over 12 percent, and came to a total purchase price of $11,000 exactly. He was joined by director Tracy Stevenson, who picked up 50,000 shares. That came to a total purchase price of $55,000, and increased the director’s stake by over 14 percent. Overall, insiders own 3.6 percent of company shares. Tobler has been an active buyer in recent months, with buys ...
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Shares of semiconductor company Photronics Inc (PLAB) have been generally moving higher over the past few months, but with some volatile spikes in shares. One trader sees the potential for a further move higher. That’s based on the December $12.50 calls. With 155 days until expiration, over 4,273 contracts traded, a 36-fold rise in volume from the prior open interest of 117. The buyer of the calls paid $1.92 on average to make the trade. With shares near $13, the calls are ...
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The entertainment industry has been hit hard thanks to the pandemic. While many areas are resuming in-person forms of entertainment once again, the best gauge for how the industry is faring is by looking at box office receipts. While movies have declined somewhat in the past few years thanks to video games and streaming, it’s starting to show signs of a return to a pre-pandemic life. Case in point? The Walt Disney Company (DIS). The company just reported its latest release, Black ...
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