Trading Tips Blog

While tech names have been out of favor with the markets the past few weeks, many tech companies continue to post impressive earnings and growth numbers. One such niche is in cybersecurity plays. For instance, CrowdStrike (CRWD) posted a 74 percent jump in revenue. The company’s subscription and recurring revenue has now cleared over $1 billion per year. Yet shares are still well off their recent highs That will likely lead to a number of analyst upgrades in the coming days ...
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Martin Landis, a director at Crown Castle International (CCI), recently picked up 1,180 shares. The buy increased his stake by less than 1 percent, and came to a total cost of just under $190,000. Landis has been a repeat buyer in recent months, although other company insiders have been sellers. Overall, company insiders have been bigger sellers as the share price has continued higher, relatively unaffected by the pandemic. Overall, insiders own 0.4 percent of company shares. The REIT, which offers ...
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Commodities have been trending strong lately. It’s no surprise that traders still see some upside in uranium. One trader sees a move higher in Cameco (CCJ). That’s based on the April $24 call option. Expiring in 29 days, the trader paid $0.30 to buy over 28,500 contracts. That’s a 214-fold rise in volume from the prior open interest of 133. With shares near $19, it would take a further 26 percent rally for the option to move in-the-money. Shares of Cameco have ...
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Even with increased volatility, most assets are near all-time highs. That includes the Dow and S&P 500, and the Nasdaq has nearly recovered from its brief correction. One other area is Bitcoin, which saw a surge in demand just as new stimulus checks started to hit bank accounts. The cryptocurrency surged as high as $61,500 in weekend trading before slipping down during regular market hours. But traders are looking at this milestone and other trends that could fuel another rally. For ...
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Energy giant Marathon Oil (MRO) has had strong performance on rebounding oil prices in recent months. But one trader sees an end to the party. That’s based on the July $15 puts. With 121 days until expiration, 5,055 contracts traded against a prior open interest of 111, for a 45-fold rise in volume. With shares around $12, the option is already $3 in-the-money. The trader paid $3.90 for the contracts on average, or about only $0.90 in time premium. Marathon shares have Read More About This

Jennifer Weber, a senior vice president at Archer Daniels Midland (ADM), recently picked up 5,905 shares. The buy increased her stake by nearly 8 percent, and came to a total purchase price of just under $298,000. This marks the first insider buy since last September. Insiders are typically sellers of shares, even as prices of the agricultural giant have been trending higher. Overall, insiders own just under 0.4 percent of the company. Concerns of food supply disruption and inflation have led ...
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Shares of American Airlines (AAL) have roughly doubled since the announcement of a Covid vaccine in early November. One trader sees a further move higher in the next month. That’s based on the April $29 calls. With 31 days until expiration, over 24,200 contracts traded, a 33-fold rise in volume from the prior open interest of 724. The option buyer paid about $0.62 for the contract. With a share price near $23.50, shares would need to rally another 23 percent in the ...
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Gordon Crawford, a director at Lions Gate Entertainment (LGF-B), recently picked up 100,000 shares. The total cost of the buy came to just under $1.6 million, and increased the director’s stake by over 62 percent. This marks the first insider buy of the year. Insiders have been active buyers in the past 18 months, but before that were more likely to be sellers, at a far higher price than where shares trade today. Overall, insiders own just over 2 percent of ...
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