Trading Tips Blog

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 Infrastructure-as-a-Service ...
Read More About This

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 worthless ...
Read More About This

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 ...
Read More About This

Big bet auto parts supplier will decline.
A sizeable bet is being made on a double-digit drop in shares of
Tenneco (TEN) between now and January. On Friday, nearly 3,000 contracts traded on the $9.00 put option on the company. With shares at $9.50, the option is a bet that shares will decline. Based on the price of the option around $1.45, shares will need to trade around $7.50 by January for the option to be worth at least as much as it ...
Read More About This

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 ...
Read More About This

Big bet retail chain will continue dropping after earnings miss. Shares of retail outlet
Bed Bath & Beyond (BBBY) dropped by over 8 percent on Thursday, following poor earnings and poor guidance. But traders are betting on even further weakness in shares in the coming months. One option was the November $11 puts on the company, which saw over 10,000 shares trade against a prior volume of 1,100. With shares now under $10, it’s an in-the-money trade that should move penny-for-penny with a ...
Read More About This

Executive Chairman makes $21.7 million buy.
On Wednesday, Executive Chairman David Smith bought 395,000 shares of the company he runs,
Sinclair Broadcast Group (SBGI). The total cost to buy those shares came in just over $21.7 million. It also raises his total share could to just over six million shares, representing about an 8 percent increase in his total stake. Smith is a major holder with over 10 percent of the company as well. Sinclair operates a television broadcasting company, with over 191 stations ...
Read More About This

Big bet hotel chain will rally into 2020.
The hospitality industry has faced some significant headwinds in recent years, but that’s not stopping one trader from betting on a rally in
Host Hotels & Resorts (HST). On Wednesday, over 10,500 contracts of the January 2020 $20 calls on shares traded hands. That represents a 31-fold increase in volume on the contract. With shares around $18, the move is a bet that shares will move at least 10 percent higher by the time the ...
Read More About This