Trading Tips Blog

The recent selloff in tech has caused a number of big-name companies benefitting from the semiconductor shortage to decline. One such name is Advanced Micro Devices (AMD). At least one trader sees room for a rally ahead. That’s based on the March 2022 $77.50 calls. With 298 days until expiration, over 13,300 contracts traded, a 60-fold rise in volume from the prior open interest of 222. The buyer of the calls paid about $11.40 for the option. With shares around $78, the ...
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Companies solving problems related to remote work trends fared well at the start of the pandemic. While that’s ending, a few companies are likely to be able to continue carrying on their success. One such company is Salesforce (CRM). The company was recently given an upgrade to an overweight rating, as shares are at a solid discount from their peak and the enterprise software company is likely to continue consolidating its market share. Shares have also started trending up again in ...
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Electric car manufacturer Tesla Motors (TSLA) has been out of favor with the markets in recent weeks. At least one trader sees further short-term weakness. That’s based on a number of unusual options trades. The June 11 $480 put is one such trade. Over 3,580 contracts traded from a prior open interest of 180, for a 20-fold rise in volume. The buyer of the option, which expires in 21 days, paid about $7.95 for the contract. With shares around $565, shares would ...
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Roger Ferguson, a director at Corning (GLW), recently bought 1,399 additional shares. The buy increased his holdings by nearly 52 percent, and came to a total purchase price of just under $43,000. This marks the first insider buy in three years, and as shares are at a multi-year high. Prior insider activity shows a deluge of sales from company executives. This is the first insider activity from any director in the past three years as well. Overall, company insiders own 9.7 ...
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Utility giant Next Era Energy (NEE) has seen shares slide to a price point where it’s bounced higher on previous occasions the past few months. One trader sees that happening again. That’s based on the August $75 calls. With 92 days until expiration, over 6,020 contracts traded from a prior open interest of 178, for a 34-fold rise in volume. The buyer of the options paid about $2.15 to make the trade. With shares down near $72.50, the option is just slightly ...
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Samuel Lyon, a division president at Ampco-Pittsburgh (AP), recently bought 6,000 more shares. The buy increased his stake by 9.5 percent, and came to a total price of just over $34,000. This is the first insider activity of the year. Over the past three years, company insiders have been a mix of buyers and sellers. There were some large-scale buys in 2018 and 2019 when shares dove to a multi-year low. Overall, company insiders own nearly 28 percent of shares. The ...
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When a company makes its initial public offering, it’s designed to go higher in the first few trading days. This creates a sense of momentum. And when that doesn’t happen? It’s even called a failed IPO. Coinbase (COIN) is the latest company to face a failed IPO. Of course, the company made a direct listing allowing insiders to cash out rather than raise money. But now, the company is looking to raise capital… by raising debt. Shares traded lower on the news ...
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AT&T (T) shares first rallied on Monday on news the company was splitting off its media assets. However, shares closed the day lower as traders saw what looked like a poor deal for the company. While that’s likely to weigh on shares, other media plays are starting to look more attractive as a result. That could lead to better returns, particularly for some of the more beaten-down names in the space. With AT&T moving from a 5 percent gain to a ...
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