Trading Tips Blog

Lance Fritz, a director at Parker Hannifin (PH), recently picked up 3,900 shares. The purchase price came to just under $1.2 million. This marks the first insider buy at the company since mid-2019. Insiders have generally been sellers of shares. Insider sales have been strong from both company executives and directors, even at lower prices than where shares have traded today. Overall, insiders own 0.4 percent of company shares. The specialty manufacturing and industrial company has seen shares rise in recent ...
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Graphics processing firm Nvidia (NVDA) is a major player in the semiconductor space. The recent shortage hasn’t been enough to keep shares from declining. But one trader sees a big move ahead. That’s based on the May $480 calls. Over 8,500 contracts recently traded, a 56-fold rise in volume from the prior open interest of 153. The trade expires in 70 days, and with shares around $500, the calls are about $20 in-the-money. The trader paid about $50.00, or $5,000 per contract, ...
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E.J. Wunsch, Chief Legal Officer at Wendy’s (WEN), recently bought 7,500 shares. The stake increased the holdings by over 10 percent, and came to just over $142,000. That represents the first insider trade of 2021. In the past year, insiders have been both buyers and sellers. However, sellers have been much larger and more consistent in their activity, albeit mostly at higher prices than where shares trade today. Overall, insiders own nearly 8 percent of shares. The hamburger chain has traded flat ...
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Shares of Zillow (Z), the real estate aggregation website has been a top winner in the past few years. One trader sees the potential for a bear market in shares. That’s based on the January 2023 $80 puts. With over 680 days until expiration, over 15,000 contracts traded against a prior open interest of 226, a 66-fold jump in volume. At a current price near $125, shares would need to shed nearly one-third for this option to move in-the-money. The trader paid ...
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Many blue-chip companies have been faring well in recent weeks—especially the ones outside of tech. A few companies that have been seen as typical safe-havens during a market crisis have fared a little worse this time around during the pandemic. One such area has been beverage companies. While people have to drink, they don’t have to at restaurants, which tend to have higher profit margins on beverages. While that’s one area that’s lagged, analysts are starting to get bullish on the ...
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William Donovan, a director at Asa Gold (ASA) recently picked up 1,000 shares. The total cost came to just under $19,000. The buy doubled the director’s stake. This adds to a number of other buys from directors and the company’s President and COO over the past few months, with trades anywhere from a few hundred shares to 10,000 shares. The last sale by a company insider was in January 2020. The gold stock has slid to a six-month low as the ...
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Markets are forward looking. And when looking at retail plays, they see things getting worse, not better, for a number of big-box stores. Why? Same-store sales trends. The big players saw a surge higher as mom and pop stores closed, and that trend may unwind slightly, which could hurt future trends. That’s led to a number of big-name retailers decline even after posting great sales and earnings numbers. The latest victim of this trend is Costco (COST). The warehouse giant knocked its ...
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Cloud-based software giant Snowflake (SNOW) has seen shares drop over 40 percent from their peak in early December. One trader sees a potential move higher from here. That’s based on the April $250 calls. With shares around $240, it would take a $10 move higher for the trade to move in-the-money. Over 7,600 contracts traded, a 57-fold rise from the open volume of 134. The buyer paid about $17.05 for the contract. Shares of the company went public in September. Since inception, shares ...
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