Trading Tips Blog

Software companies can offer tremendous profit potential to investors, even with recent stock market volatility. But elsewhere in the tech space, a few other niches also offer big profits now—and companies are growing hand over fist. One such area is with cybersecurity. The combination of security and software is a particularly potent space, and looks like an attractive space to buy in as tech stocks remain out of favor. It’s no surprise that a number of the big names in the space ...
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Top performing media play ViacomCBS (VIAC) saw a selloff earlier this week as the company announced it would issue more shares to raise capital. With the stock up over five-fold in the past year, some traders are betting on a further pullback. One such trade is the May $65 puts. Expiring in 57 days, over 7,300 contracts traded against an open interest of 187 contracts, for a 39-fold rise in volume. The trader paid about $1.75 for the contract on average. Shares ...
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Geoffrey Parker, a director at Perrigo Co (PRGO), recently picked up 2,500 shares. The buy increased his stake by nearly 18 percent, and came to a total purchase price of just over $103,000. This marks the first insider buy at the company since January. Insiders have been active on both the buy and sell side, with an insider sale earlier in the month. Overall, in the past three years, buyers have outnumbered sellers. Shares of the generic drug manufacturer have been ...
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Software is a high profit-margin business. Companies embracing a recurring revenue model can do even better. But with tech shares looking volatile lately, these companies have been out of favor with the market as part of the tech space. However, strong earnings by software companies point to further profits ahead. These companies will be able to pass on higher costs, and investors who target successful software companies will come out ahead in time. One such name is Adobe (ADBE). The software company ...
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With a shortage of computer chips and semiconductors, a number of companies have had to warn that they may not be able to produce enough of some goods to meet demand. For some companies, however, that may not be as big of a problem as expected. One such play that may fare well? Apple (AAPL). The company’s steady sales, particularly with its latest iPhone, appear to put it past some of the shortage issues impacting other companies in the tech space. As ...
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Mithaq Capital, a major holder of Software Acquisition Group II (SAII), recently bought 369,924 shares. The buy increased the fund’s stake by 4 percent, and came to a total purchase price of $3.89 million. This adds on to other buys from the fund since SAII went public as a SPAC offering last month. A SPAC is a special purpose acquisition company that raises capital to buy a business outright. SPACs typically go public around $10 per share. Their price varies depending on ...
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Credit card giant Visa (V) saw its shares sell off last week on news of a government probe. However, at least one trader is betting on a move higher. That’s based on the May $210 calls. Nearly 3,000 contracts traded against a prior open interest of 128, for a 23-fold rise in volume. The trade expires in 58 days, and trades right at-the-money given the current price near $208. The buyer of the option paid about $7.40 for the call. Visa’s status as ...
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John Childs, a director at Biohaven Pharmaceutical (BHVN), recently made a 13,157 share buy. The purchase came to just under $1 million even, and increased the director’s stake by just over 0.5 percent. That’s the second buy from Childs this month following a 10,000 share buy earlier. Insiders have been both buyers and sellers in the past year, with sellers leading on total shares. Overall, insiders own nearly 14 percent of the company. A biotech firm targeting neurological diseases, the company ...
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