Nio (NIO) is often considered the Tesla of China. The electric car maker does have $5 billion in sales, which differentiates it from many other new electric vehicle makers whose sales are light. One very interesting block trade from last week was a massive covered call trade on NIO. The trader purchased 750,000 shares of […]
Author: Jay Soloff
Trade of the Week: Robinhood
Options action returned in a big way last week to the meme stocks, made famous in 2021 through Reddit user groups. The primary platform for trading those meme stocks (and their options) was (and still is) Robinhood (HOOD). The popular mobile brokerage platform has struggled quite a bit since its heyday. However, heavy options activity […]
Are Options Block Trades Saying That Gold Is Going To New Highs?
A couple massive options block trades last week could be very bullish indicators that the price of gold is headed much higher. Call spreads in VanEck Vectors Gold Miners ETF (GDX) and SPDR Gold Shares (GLD) could both be pointing towards much more upside in gold. The precious metal is often used as a hedge […]
Trade of the Week: SMH
Although the meme stocks were grabbing the headlines, there was some interesting options activity last week in VanEck Vectors Semiconductor ETF (SMH). SMH is a popular ETF for tracking the chipmaker industry, with over 30,000 options trading per day on average. On a day last week when options activity was 2x the normal amount, 65% […]
Trade of the Week: GDX
With all the volatility in the market and the uncertainty brought about by the Ukraine/Russia war, there has been a lot of options action in defensive investments like gold. Investors will often use gold or gold miners ETFs to take positions in the metal A popular gold miners product is the VanEck Gold Miners ETF […]
One Way To Profit From Higher Uranium Prices
Oil prices have spiked well above $100 per barrel and it’s causing the investment community to rethink alternative forms of energy. One of the beneficiaries of this renewed interest in alternatives is nuclear power. Uranium stocks have seen a big boost to their share prices in recent weeks. One way to capitalize from this situation […]
Trade of the Week: GDJX
There has been plenty of options activity in commodity ETFs over the last few weeks. Precious metals have certainly gotten a lot of attention from traders as they tend to be defensive investments during times of uncertainty. With gold reaching over $2,000 an ounce, gold miners are also seeing a lot of bullish action. Recently, […]
A Very Bullish Options Trade on Oil and Gas
The Russian invasion of Ukraine has roiled the financial markets, but none more so than energy markets. The price of crude oil has skyrocketed. Natural gas prices are have also risen over 30% year-to-date. One way to trade oil and gas is by using the SPDR S&P Oil & Gas Exploration and Production ETF (XOP). […]
Trade of the Week: Silver
The war in Ukraine has roiled the financial markets, especially the currency and energy markets. Investors have been flocking to precious metals in recent weeks to hedge against global uncertainty. With gold becoming expensive in a hurry, some investors have been flocking to silver as a substitute. One of the more popular methods of buying […]
How The Russian Invasion Of Ukraine Affected The Options Market
While the headlines last week were rightfully focused on the humanitarian cost of the Russian invasion of Ukraine, under the surface, a lot was happening in the financial markets. Options action can give investors many clues as to what the market is most concerned with. On the day after the invasion began, there was a […]