Trading Tips Blog

Dan Hill, a director at NuStar Energy (NS), recently picked up an even 5,000 shares. Paying about $10 per share, the buy came to $50,000. It increased his total holdings to 59,214 shares. This is the first insider buy in six months. Insider buying for 2020 shows a number of insider buys, at prices anywhere from $6 at the March lows to $12. The buys include directors and C-suite executives. Shares have traded between $5 and $30 in the past year ...
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Harold Hamm, executive chairman at Continental Resources (CLR) recently added 769,235 shares to his holdings. The buy increased his stake to over 296 million shares, and came at a cost of just over $9.7 million. Hamm has been a repeat buyer throughout the year, as have a number of directors and C-level executives earlier in the year. Insiders have bought in a range anywhere from $8 to $16 per share. With shares currently under $13, the price is in the middle ...
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With a 33-fold rise in volume on the October 30th $50 calls, one trader is betting on a big move higher in Las Vegas Sands (LVS) this month. With 22 days until expiration, the call would require shares to rally about 10 percent for the trade to move in-the-money. The option buyer paid about $1.26 on average for the option, so shares would need to rally quickly and strongly to offset the declining time premium on the contract. Gaming companies have seen ...
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Gold has been a top-performing asset in 2020, far outpacing stocks. On average, gold mining companies have done even better as well. While the metal has pulled back a bit after topping $2,000 earlier this year, it still appears poised for further gains. That’s likely true ahead of the election as well. That’s the reasoning by the gold analyst at MBMG Group. The metal will likely rally on inflationary fears as further stimulus programs are unleashed on the economy. And election ...
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Even with the economic struggles this year, the holiday season is rapidly approaching. And with the rise of e-commerce trends, chances are a few companies stand to substantially benefit from the trend. Retailers are already responding to the season by hiring seasonal workers, many of whom will work in fulfillment centers rather than in brick and mortar stores. The biggest winners? The shipping companies, who expect to see volumes rise by 1 to 1.5 percent this year. The two biggest shipping companies, ...
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Rainer Gawlick, a director at Progress Software Corp (PRGS), recently picked up 1,000 shares of the company. That increased his share count by 3 percent. The buy came to just over $32,000. That makes him the third insider to buy this month, following a CEO buy of 2,700 shares, costing just over $101,000. The company CFO also bought shares on October 1st, picking up 2,622 shares and paying just under $99,000. Insiders at the company were net sellers earlier in the ...
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One trader is betting that shares of Applied Materials (AMAT) will soar in the next two days. That’s because over 6,100 contracts traded on Friday’s $63.50 calls, a 42-fold surge in volume. With shares currently trading around $61.50, the option is about 3.3 percent out-of-the-money. The option buyer paid about $0.30, or $30 per contract. While inexpensive, the option stands a good chance of expiring at zero come Friday. Shares of the chipmaker have traded as high as $70 twice this ...
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At least one trader is betting on a bounce higher in airline manufacturer Boeing (BA) this month. The October 23rd $187.50 calls just saw 1,188 contracts trade. That’s a nine-fold rise in volume over the prior open interest. Shares trade around $171, so would need to rally about 10 percent in the next 17 days for the trade to move in-the-money. That’s no small feat, but shares of the company have been volatile enough that it could happen. The option trader paid ...
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