Trading Tips Blog

Henry Samueli, a director at Broadcom (AVGO), recently picked up 101,740 shares. The buy increased his stake by about 1 percent but came to a whopping $36.7 million thanks to the company’s high share price. This is the second insider buy this month following the 167 share buy from director Raul Fernandez, a purchase that came to over $60,000. Insiders have mostly been sellers this year. Shares of the semiconductor company are up about 30 percent in the past year. The ...
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The November 2020 $27 calls on Snap Inc. (SNAP) saw an 88-fold jump in volume, with over 28,560 contracts trade hands from an open interest of 321. The option, expiring in 57 days, is a bet that shares will rally just under 10 percent from their current price near $25.75. The option buyer paid about $2.29 for the option, so shares would need to trade as high as $29.30 to profit come expiration, a much bigger hurdle. Shares of the social media ...
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Albert Monaco, a director at timberland owner and operator Weyerhaeuser (WY), recently picked up 10,000 shares. The overall stake cost just over $291,000, and more than doubled the director’s stake. This marks the first director buy since March. Over the past year, there have been a number of both buys and sells at the company by C-suite executives as well as company directors. Shares of the company have traded slightly down over the past year. Revenue and earnings are slightly down, ...
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The October $132 call options on The Walt Disney Company (DIS) saw a massive surge in trade. Over 8,800 contracts traded hands on Tuesday. Compared to the open interest of 155 contracts, the activity represented a 57-fold rise in volume. With shares around $126, the stock would need to rise just under 5 percent in the next 23 days for the option to close in-the-money. The buyer of the options paid around $1.47, so shares would need to rise closer to $133.50 ...
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With the price of Bitcoin still hovering around $10,000, investors and traders alike are increasingly interested in the space. So are cryptocurrency miners, who are still able to eke out a modest profit every day right now. But new graphics processing chips are allowing that profitability to improve. And two competing firms looks like the best place for investors to take advantage of this ongoing trend. The two big players? Nvidia (NVDA) and Advanced Micro Devices (AMD). Currently, AMD’s top of the ...
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On Monday, Goldman Sachs analysts came out in favor of two large-cap, industrial names to buy now, citing the time was right to buy. Those names? Boeing (BA) and Raytheon (RTX). On their face, both look risky. Boeing’s orders have dried up thanks to a drop in air travel. And defense spending could be one of the few areas to be cut should Biden win the November election just weeks away. But on a relative valuation, there is a good argument for higher ...
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Olivier Le Peuch, CEO at Schlumberger (SLB), recently added to his stake with a 25,000 share buy. That brings his total holdings by 15 percent to over 191,700 shares. The total purchase came to just over $448,000. The buy comes as the oil and gas service and equipment supplier faces challenging times. With oil demand and prices down over the past year, the share price has slid by nearly half. What’s more, revenues have dropped by over a third. The company ...
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The March 2021 $80 call options on Wynn Resorts (WYNN) saw a huge 51-fold surge in volume, with over 10,100 contracts trading hands on Monday against an open interest of just under 200 contracts. The bet, expiring in about six months, would close in-the-money if shares rallied about 10 percent from the current price near $72. The trader buying the contracts paid about $10, or $1,000 per contract. In order to make money at expiration, shares would need to surge up to $90, ...
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