Trading Tips Blog

Karen Francis, a director at TuSimple Holdings (TSP), recently bought 7,142 shares. The buy increased her stake by nearly 9 percent, and came to a total cost of just over $285,000. The company CFO made a 2,500 share buy on the same day. A major owner sold 6.7 million shares as well, while also retaining over 24.6 million shares. These mark the first insider transactions since the company went public earlier this month. Overall, insiders own nearly 17 percent of company ...
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Shares of megabank Bank of America (BAC) have not only recovered from the drop last year, but have moved to new highs. One trader sees that trend continuing strong in the next month. That’s based on the May 28th $41 calls. Expiring in 30 days, over 12,350 contracts traded against a prior open interest of 580, for a 21-fold rise in volume. The trader paid about $0.60 to make the trade. With shares around $39.50, the option will move in-the-money on a ...
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Emily Gottschalk, a director at Anixa Biosciences (ANIX) recently bought 10,000 shares. The buy increased her stake by 64 percent, and came to a total cost of just under $45,000. Insiders, including the company directors and C-suite executives alike, have been steady buyers in the past three years, with no insider sales. Overall, company insiders own about 9 percent of company shares. Company insiders have been willing to buy shares anywhere between $2 and $5, where they’ve largely traded over the past ...
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There’s always a lot to read on a company’s earnings report. Tesla Motors (TSLA) fared well with a strong earnings and sales beat. And the company disclosed that it sold some of its Bitcoin position at a profit, making over $110 million there—or more than it’s made from selling cars in its existence. Yet even with strong earnings numbers and a solid return on cryptocurrency trading, shares sagged a bit. Looking out over the longer term, shares appear to be setting up ...
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Shares of software database company Oracle (ORCL) have recently dropped slightly from all-time highs around $80 per share. One trader sees shares rebounding in the coming months. That’s based on the December $80 calls. With 235 days until expiration, over 2,290 contracts traded, an 18-fold rise in volume from the prior open interest of 130. The buyer of the option paid about $4.00 for the contract. With shares around $75, the option would move in-the-money on less than a 10 percent ...
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Daniel Williamson, a director at The Tattooed Chef (TTCF) recently bought 250,000 shares. The buy came to a total price of $2.5 million, and represented a 3,346 percent increase in the director’s holdings. Overall, insiders own 47 percent of the company. The company president recently sold 800,000 shares, but still owns over 31.4 million shares.  These are the only insider transactions since the company went public in 2020. Since going public, shares have traded anywhere between $10 and a high of $30, ...
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What do you get when a stock beats on its quarterly earnings numbers and when it raises guidance? Typically, you get a rally. But not always. If you get a selloff when that happens, the numbers suggest such a selloff may be temporary. That could be the case with Honeywell International (HON). The industrial giant has been positioning itself for faster growth and embracing better technology. That allowed it to post better-than-expected earnings on Friday, and raise the full-year 2021 outlook. Read More About This

Shares of chip giant Micron (MU) are still near their all-time highs, but sold off strongly on Thursday on reports of higher potential tax rates. One trader sees a clear rebound in the coming weeks. That’s based on the May $96 call options. With 26 days until expiration, over 12,321 contracts traded, a 108-fold jump in volume from the prior open interest of 112. The buyer of the calls paid about $0.62 to make the trade. With shares around $85, a 12 ...
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