The Perfect Trading Strategy for Today’s Markets

There are a lot of ways to make money in the market. But even if you find that rare company that can move ten-fold and provide one of the best profits of your lifetime, that will take time.Most investors get impatient. Trading Tips’ Andrew Packer explains why you should be looking at blue-chip bargains ...
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6196

Insider Activity: Unit Corp (UNT)

  Director adds to stake of energy exploration company. On Wednesday, director Bailey Peyton picked up another 3,000 shares of Unit Corp (UNT), where he serves as a director. The stake cost $21,900 and increased his shares take to 74,652, an increase of 4.2 percent. This follows on buys made back in May by Peyton, as well as two other directors, at prices ranging from 28 to 38 percent higher than today. Unit Corporation engages in the exploration, acquisition, development and production of natural ...
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6197

Unusual Options Activity: Cloudera, Inc (CLDR)

Bet on shares heading higher. Shares of Cloudera (CLDR) may be heading higher between now and February, based on a surge of the $5 call options there. On Thursday, over 8,200 of the calls traded against a prior open interest of 123—a 67-fold surge in volume. With shares trading at $5.50, the options are also about 10 percent in-the-money, meaning they should move penny-for-penny, less the decline in the time premium. Cloudera provides data analytic and management products, operating both a subscription and ...
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6182

Insider Activity: Century Bancorp (CNBKA)

Major owner increases stake in regional bank. On Tuesday, James Filler bought just over 2,500 shares of Century Bancorp (CNBKA). He already owns more than 10 percent of shares. The buy, with a total purchase price of $219,000, increases his total position to 702,919 shares, and represents a 0.36 percent increase in his total holdings. Like many other insiders in recent days, Filler sees solid opportunities in companies where he already has a large stake. Century Bancorp is a bank holding company for ...
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6176

Unusual Options Activity: Shake Shack (SHACK)

Bet on moderate decline by January. Shares of Shake Shack (SHAK) have been volatile over the years. At least one trader is betting on a big move in shares again—with a decline in mind. On Tuesday, over 934 contracts traded on the January 2020 $65.00 put options. With shares trading around $74.50, that’s a bet that shares will decline over 13 percent between now and January. Shake Shack currently operates 208 restaurants which it calls Shacks. The company sells burgers, hot dogs, fries, ...
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6175

Insider Activity: Fastly, Inc. (FSLY)

Major fund holder bumps up stake. On Monday, the Abdiel Qualified Master Fund bought 137,515 shares of Fastly, Inc. (FSLY). With a total cost of nearly $2.8 million, this represented a 3 percent increase in the fund’s stake. The fund, already an owner of more than 10 percent of the company’s shares, has over 4.78 million shares of Fastly in its portfolio. Fastly operates an edge cloud platform for processing, securing, and serving its customer’s applications. The edge cloud is a type of ...
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6164

Unusual Options Activity: Tesla Motors (TSLA)

Multiple options trades imply shares will decline again. Multiple bets are being made that shares of Tesla Motors (TSLA) will drop again in the coming weeks. On Monday, over 10,000 contracts traded on an August $60.00 put—a 75 percent discount from where shares trade around $240. Another large trade occurred on the October $215 put, which implies a 10 percent discount between now and October. The August put, trading at $0.04, or $4 per contract, is a very cheap bet likely to expire ...
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6163

Insider Activity: G-III Apparel Group (GIII)

CEO makes million-dollar buy. On Thursday, G-III Apparel Group CEO Morris Goldfarb bought 40,000 shares of his own company. Besides increasing his total stake to over 3.9 million shares, the $26.47 price per share means he spent over $1.05 million picking up shares of the firm. This follows on a previous purchase by Goldfarb back on June 13th. Then, he picked up 40,479 shares, paying $1.02 million. G-III Apparel designs, sources, and markets apparel for men and women. It operates in wholesale and ...
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