Trading Tips Blog

Shares of search engine giant
Alphabet (GOOGL) have shed nearly 20 percent of their value in the past year. One trader sees the potential for a further decline in shares in the next 14 months. That’s based on the September 2023 $53 puts. With 416 days until expiration, 6,299 contracts traded compared to a prior open interest of 150, for a 42-fold rise in volume on the trade. The buyer of the pus paid $0.88 to make the bearish bet. The stock is ...
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It’s still the early stages for earnings season. But we’ve seen companies perform above expectations, even as overall performance has started to slow in the past year. With some big tech names about to report, now may be the time to look at adding these stocks. While they’ve typically been growth names, in a market slowdown, smaller companies may not be able to grow. And the big established names could end up with a larger market share as a result. One company ...
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Lisa Lesavoy, a director at
Comtech Telecommunications Corp (CMTL), recently added 10,000 shares. The buy increased her stake by 118 percent, and came to a total price just over $102,000. The buy comes a day after the company CFO bought 4,000 shares for just over $32,000, and the company President and CEO picked up 6,250 shares, for just under $60,000. Insiders were otherwise sellers of shares in 2019 and earlier. Overall, insiders at the company own about 3.3 percent of shares. Shares have ...
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Shares of shipping and logistics company
United Parcel Service (UPS) are down about 12 percent over the past year. One trader is betting on a rally in the next few weeks. That’s based on the August $205 calls. With 25 days until expiration, 5,468 contracts traded compared to a prior open interest of 173, for a 32-fold rise in volume on the trade. The buyer of the calls paid $1.58 to make the trade. Shares recently traded for about $187, so they would ...
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The past few months have seen stocks move off their lows. Despite the daily swings in the market, the potential for a recession has been priced in. Some sectors have fared better than others during this downturn. In the meantime, the market recovery of the past few weeks has been best for beaten-down tech plays. And one of the hardest hit places, cryptocurrencies, has technically entered into a new bull market. From its lows last week alone, Bitcoin is up nearly ...
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Berkshire Hathaway (BRK-B), a major holder of
Occidental Petroleum (OXY), continues to add to its stake in the company. The most recent pickup was a 242,241 share buy on Tuesday, representing a 0.13 percent increase in their holdings. The company paid $14.45 million for that stake. That adds on to regular, consistent buying over the past few months. The conglomerate is now closing in on a 20 percent stake in Occidental. The buying has continued even as oil prices have stalled out in ...
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Shares of casino giant
Las Vegas Sands (LVS) are down about 28 percent in the past year. One trader is betting on a potential rebound in the coming months. That’s based on the October $40 calls. With 91 days until expiration, 7,891 contracts traded compared to a prior open interest of 125, for a 63-fold rise in volume on the trade. The buyer of the calls paid $2.71 to make the trade. Shares are just over $37, so they would need to ...
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The market may have hit a recent low in the past few weeks. Time will tell. Until we know more, uncertainty continues to reign. And many companies are now starting to report on the unusual conditions of the last quarter, which could lead to a further selloff. Companies with a large international presence are noting the effect that the strong US Dollar is having on their international operations. That’s leading to lower outlooks going forward. But if the economy starts to show ...
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