Trading Tips Blog

After an explosive move higher in the past year, a share split, and its inclusion in the S&P 500, shares of Tesla Motors (TSLA) have been trending sideways in recent months. One trader sees a rally resuming. That’s based on the January 2022 $1,030 calls. With 275 days until expiration, 25,000 contracts traded against a prior open interest of 222, for a 112-fold jump in volume. The option buyer paid about $81.40, or $8,140 for a full contract. With shares around $715, ...
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Arnold Ursaner, a director at Volt Information Sciences (VOLT), recently bought 3,500 shares. The buy increased his holdings by 3 percent, and came to a total cost of just over $12,500. This buy marks the first insider transaction since 2019. Company insiders were bullish on shares in late 2019, with a number of directors and C-suite executives making buys. There have been no insider sales over the past three years. Overall, company insiders own over 35 percent of shares. The job ...
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Media companies have moved to embrace streaming services in the past few years. That move has proven astute, given the pandemic. Now, a handful of companies with other operations are likely to benefit from reopening. Those companies include the cohort of media plays that also offer theme parks, cruise lines or the like. The poster child for this reopening exposure is The Walt Disney Company (DIS). Unsurprisingly, shares are starting to get upgraded as it appears that the pandemic restrictions are ...
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Richard Pickup, a major holder at Impac Mortgage Holdings (IMH), recently added 200,000 shares. The buy increased his stake by 3.4 percent, and came to a total purchase price of $390,000. This follows up on another buy from Pickup at the start of the month for 124,535 shares. Overall, insiders have been active as both buyers and sellers. However, sellers have taken the lead in the past year, even at lower prices than where shares currently trade. As a mortgage REIT, ...
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The past few years has seen the rise of a handful of companies reach a market cap of $1 trillion. A few are now closing in on $2 trillion thanks to continued growth. One player near the $1 trillion mark has been an underperformer in this mega-market-cap space over the past year. But now signs are on track for it to close in on a $3 trillion valuation in the next three years. That company? Amazon (AMZN). The company just received a ...
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Shares of Clover Health Investments Corp (CLOV) have shed half their value since late December. At least one trader sees a further decline ahead. That’s based on the May 25th $9 put options. With 32 days until expiration, over 9,400 contracts traded hands, a 75-fold rise in volume from the prior open interest near 125. The buyer of the contract paid about $1.42. With shares just under $10, the option is slightly out-of-the-money. Come expiration, shares will need to trade lower than ...
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John Wilder, a director at Evergy (EVRG), recently bought 2.27 million shares. The buy is an initial stake, and comes to a total cost of just over $113 million. Insiders have overwhelmingly been sellers at the utility company over the past few years, although a few company insiders have made small buys in March ahead of this sizeable director buy. Before this latest buy, company insiders owned less than 0.3 percent of shares. The utility company has traded flat in the ...
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Telecom company Altice USA (ATUS) has been trending up in the past year, and performing well for a telecom. However, at least one trader sees the potential for a big drop. That’s based on the January 2022 $20 puts. With 277 days until expiration, over 10,900 contracts traded from a 115 open interest, for a 95-fold rise in volume. The put buyer paid about $0.50 for each contract. With shares currently near $33.50, shares would need to fall by over $13 ...
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