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 […]
Author: Jay Soloff
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 […]
Trade of the Week: BITO
The market has been in a downturn lately and this include bitcoin. ProShares Bitcoin Strategy ETF (BITO), which tracks bitcoin futures, is down about 18% year-to-date. BITO trades a fair amount of options on the average day – about 70,000 – so it was surprising to see a 22,400 block of April puts trade last […]
Are Tech Stocks Set To Rebound?
One of the most heavily traded ETFs in the world is the Invesco QQQ Trust (QQQ), which tracks the Nasdaq-100. The ETF also has massive options trading action, with an average of nearly 2 million options contracts trading per day. It’s been a rough start to the year for QQQ, but options activity suggests it […]
Trade of the Week: RBLX
One of the most active options chains last week was in Roblox (RBLX), the popular video game company. RBLX thrived during the pandemic, when it attracted a massive audience (especially among kids). However, with the earnings release last week, it’s apparent that growth has slowed now that pandemic era seems to be coming to a […]
One Way To Hedge Oil Stocks With Options
Oil has been on a tear this year, both due to concerns over inflation and also as as a result of high demand/low supply dynamics. Owning oil stocks has generally been a winning trade in 2022, but what if the trend reverses? One smart way to hedge oil exposure is by purchasing puts on an […]