Trading Tips Blog

Consumer tech company Pelton Interactive (PTON) is down 46% over the past year. Shares dropped 15% alone on Tuesday, as the company looked to issue a $1 billion loan. One trader sees shares bouncing higher. That’s based on the June 28 $4 calls. With 36 days until expiration, 5,027 contracts traded compared to a prior open interest of 205, for a 25-fold rise in volume on the trade. The buyer of the calls paid $0.24 to make the bullish bet. Shares recently ...
Read More About This

While the market trends higher over time, some companies can be out of favor with the market. If they’re capable of finding ways to improve their business and profitability, they’ll likely have a catch-up rally. Such rallies can beat the overall market returns handily over time. And they’re the kind of move that can be common in large, established companies that tend to otherwise perform as slow-moving investments. One way to find these opportunities is to follow activist investors. For instance, right ...
Read More About This

Gary Cohen, President and CEO of iRobot Corp (IRBT), recently bought 2,050 shares. The buy increased his stake by over 1,000%, and came to a total cost of $25,189. This is the first insider buy in over two years. Otherwise, company executives and directors have been sellers of shares, including one director who sold over $2 million in shares back in February. iRobot’s prior CEO was also a seller of shares at a price nearly four times higher from where the ...
Read More About This

Healthcare services operator Astrana Health (ASTH) is up 30% over the past year, despite a recent pullback. One trader sees further gains in the weeks ahead. That’s based on the June $45 calls. With 30 days until expiration, 6,037 contracts traded compared to a prior open interest of 110, for a 55-fold surge in volume on the trade. The buyer of the calls paid $0.26 to make the bullish bet. Astrana shares recently traded for about $39, meaning shares would need to ...
Read More About This

There’s a saying in the video game industry that a delayed game can become good. But a game that’s rushed out with flaws will never be great. Some video game companies have taken that philosophy to heart, even when it means delaying an anticipated release. That can be tough for some studios, since they have to develop the game before they can sell it and generate revenue. For larger studios working with multiple properties, it’s somewhat easier. For instance, Take-Two Interactive Software ...
Read More About This

Gerhard Zeiler, International President at Warner Bros Discovery (WBD), recently bought 100,000 shares. The buy increased his stake by 12%, and came to a total cost of $830,000. This marks the first insider buy of 2024. Zeiler was a buyer last year, picking up 38,000 shares at a cost of $535,420. Another company director was a buyer late last year, and the company CFO bought 15,000 shares in mid-2023. Overall, Warner Bros Discovery insiders own 9.2% of shares. The media conglomerate ...
Read More About This

Coffee chain Starbucks (SBUX) is down nearly 30% over the past year, and shares have been trending down since reporting earnings. One trader expects a rebound in the coming weeks. That’s based on the June 14 $81 calls. With 24 days until expiration, 2,684 contracts traded compared to a prior open interest of 110 contracts, for a 24-fold rise in volume on the trade. The buyer of the calls paid $0.63 to make the bullish bet. Starbucks shares recently traded for about ...
Read More About This

The AI rally of the past 18 months has largely focused on big-tech names and semiconductor manufacturers. But AI’s applications can encompass and benefit every company, no matter what industry it’s in. That’s leading to a number of stealth AI plays. These are companies that will benefit from the rise of this technology and its rollout in the years ahead. Investors who buy into these companies can see market-beating returns in the years ahead. One such company is Dell Technologies (DELL). Best ...
Read More About This