Trading Tips Blog

A number of companies reduced or eliminated dividend payments during the pandemic last year in a move to preserve cash. Now, a few companies are coming back to the table. But a select few firms have not only kept, but are growing their dividends. Two of those plays are in retail. There’s Williams-Sonoma (WSM). Their shares jumped to a new high on news of a higher dividend payout. But another company just announced a bump as well. With its shares declining in ...
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Streaming giant Netflix (NFLX) has had a big increase in competition in the past two years. But that hasn’t stopped one trader from making a hugely bullish bet on the company. That’s based on the June 2022 $950 calls. That strike price is about 85 percent higher than where shares currently trade. The buyer paid about $8.10 for the contract, which expires in more than 450 days. Over 6,000 contracts traded, a 39-fold jump from the open interest of 154. Netflix has ...
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Suzanne Coulter, a director at Abercrombie & Fitch (ANF) recently started a stake at the company with 2,170 shares. The total cost of the share buy came to just over $75,000. This marks the first buy from insiders since March 2020. Overall, insider sales have beaten out buyers over the past three years, but there was a large sale by a company insider back in January. Shares have since risen by 43 percent. Insiders own about 2.2 percent of company shares. Shares ...
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Shares of Plug Power (PLUG) took a steep dive last week, as the company announced it needed to restate some of its prior years of accounting. However, that hasn’t stopped analysts from looking beyond the short-term fears. They continue to see long-term opportunity. In fact, one analyst from B. Riley cites the old mantra of buying “when there’s blood in the streets,” even though shares only pulled back about 8 percent on the news. While shares are now down just over ...
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Brazilian financial software company PagSeguro Digital (PAGS) has been active this year. Shares started the year with a selloff, then a rally, then another selloff. One trader sees the current selloff ending with a rally ahead. That’s based on multiple call options with unusual activity. The September $55 call, however, had the most activity. Over 18,660 contracts traded, an 83-fold rise in volume to the open interest of 224. The trade, expiring in 179 days, would require shares to move about $8 ...
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Churchill Capital IV (CCIV) is a special purpose acquisition company. Shares have sold off in recent weeks, but one trader sees a move higher in shares. That’s based on the October $45 calls. With 210 days until expiration, over 1,400 contracts traded, an 111-fold rise in volume from the prior open interest near 133. Shares are currently near $30, so they would need to rise just over 50 percent for this trade to move in-the-money. The buyer paid about $6.20 for the ...
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Paula Reynolds, a director at General Electric (GE), recently added another 5,000 shares to her stake. That increased her holdings by nearly 20 percent, and came to a total purchase price of just over $62,000. This marks the first insider buy since last August, when a number of directors and C-suite executives bought shares at a price nearly 50 percent lower than where shares trade today. However, these buys have been dwarfed by sales from a fund that’s also a ...
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There’s high-flying stocks on Wall Street… and then there’s space tourism stocks. Launched just two years ago, Virgin Galactic Holdings (SPCE) has been a popular name with retail investors. And with the company looking to finally launch commercial spaceflights, it’s gotten its highest analyst rating yet with a $50 price tag. That’s about a 50 percent increase from the current price of shares in the low $30s. Year-to-date, shares have run up as high as the $60 range, pulled back to ...
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