Trading Tips Blog

Oil and gas exploration company Continental Resources (CLR) has seen shares soar in recent sessions, and is in a general uptrend. One trader sees the move continuing over the next few weeks. That’s based on the March 2021 $30 calls. With 49 days until expiration, over 7,300 contracts traded against a prior open interest of 148, for a 50-fold rise in volume on the trade. The trader paid about $1.30 for each contract. Shares trade around $22, so the option would require ...
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Jason Few, CEO of FuelCell Energy (FCEL), recently added 11,000 shares to his holdings. The buy increased his stake by 98 percent, and the total buy came to just under $200,000. This marks the first insider transaction since late 2018. Insiders have exclusively been buyers of shares looking at data going back to 2013, paying as much as 4 times more than the current price of shares. Insiders own just under 4 percent of shares. Shares of the stationary fuel power ...
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For the first time in five years, Amazon (AMZN) isn’t the reigning global brand. Rather, the title is going back to a name that had it before. The company? Apple (AAPL). It’s the ultimate consumer tech play. While the company can be derided for coming up with small improvements in its tech every year, a rabid fan base and a growing services division continues to reward shareholders. The company’s increased investment in streaming, electric cars, and other trends have already allowed it ...
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Mobile data security firm BlackBerry (BB) has gotten caught up in the “meme stock” rally of 2021. At least one trader sees shares capable of doubling yet again from here in the next year. That’s based on the January 2022 $40 call. Nearly a clean double with shares near $22, the option expires in 358 days. Over 6,600 contracts traded against a prior open interest of 465, a 14-fold rise in volume. The trader paid about $11.35 for the contracts. Shares started ...
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Discount retailer giant The TJX Companies Inc (TJX), parent company of HomeGoods, T.J. Maxx, and others, has seen shares decline rapidly over the past few sessions. However, one trader sees shares moving higher in the next 51 days. That’s based on the March 2021 $72.50 call options. Over 21,500 contracts traded against a prior open interest of 262, for an 82-fold rise in volume. The buyer paid about $1.44 for the contracts on average. Shares traded near $72.50 before their recent selloff ...
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The pandemic and related lockdowns have left some better off. For others, job losses have led to a challenge. The end result? A K-shaped recovery, as some trend higher and some lower. With that theme in mind, there are plenty of investment opportunities. Many consumers, particularly on the lower-end, are likely to continue their shift towards lower-priced consumer goods. That bodes particularly well for outlets such as dollar stores. One company getting an upgrade from Loop Capital on that thesis is ...
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Michael Sheldon, a director at B. Riley Financial (RILY) recently bought 2,089 shares. That increased his holdings by nearly 10 percent, and came to a total purchase price of just over $102,000. That follows on a buy from the company Co-CEO earlier in the month for 110,000 shares on two separate occasions, and a buy from the company president of 1,600 shares. Overall, company insiders have been massive buyers of shares, with the last insider sale occurring in early 2019. Overall, ...
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Bradley Tirpak, a director at TSR Inc (TSR) recently started a position with a 7,758 share buy. The total cost came to just under $50,000. That move marks the first insider activity since 2018, when some major owners sold, and others bought shares. The stock trended down from that point until early 2020, when it started a new long-term uptrend. Overall, company insiders own 37 percent of outstanding shares. Shares of the IT services company are now up 90 percent over ...
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