It’s never a bad idea to know how to minimize your equity exposure, especially right now, as the market is showing some cracks in its armor lately. The S&P 500 was down roughly 5% in September, the first down month in 2021 since January, and the largest since the pandemic hit in March 2020. Granted, […]
Author: Jay Soloff
Trade of the Week: UNG
There’s been a lot of unusual action in United States Natural Gas (UNG) recently. The natural gas ETF was down 6.5% one day last week, but has gained over 100% for the year due to global supply shortages. On the big down day, 58% of the 46,000 options traded were calls, which suggests some traders […]
Generate Cash While You Wait For The iPhone 13
For the last decade or so around this time of year, investors and technology enthusiasts have anxiously awaited the launch of brand-new Apple (AAPL) products. Ever since the iPhone became the most popular product in the world, each new iteration of it (and other Apple products) has drawn significant interest. From an investor standpoint, Apple […]
Trade of the Week: SNAP
We saw some unusually heavy option volume in Snap (SNAP) last week, with nearly 2x the average amount trading on a big up day in the stock. SNAP is the owner of Snapchat, a very popular social media platform. Some negative news on Facebook sent that social media stock down, and SNAP may have been […]
How to Earn More from Holding Cisco
If you traded during the dotcom boom of the late ’90s, you probably have fond memories of Cisco Systems (CSCO). The Silicon Valley networking giant was one of the most popular stocks of that era—for several years, the price of the stock did nothing but go up. [insert Cisco image we have in the media […]
Trade of the Week: SBUX
Starbucks (SBUX) showed up on the unusual options volume page last week for the first time in quite a while. The coffee giant saw its shares drop 3.7% in one day, with 2.7x the number of options traded compared to the average. However, 61% of the options traded were calls, which tends to be a […]
Meme Stocks Are Not Just For Buying Calls
One of the most interesting developments in the financial markets in 2021 is the rise of the meme stock. Meme stocks are the ones that get a bunch of attention on social media platforms like Twitter and chat groups on Reddit. The meme stock phenomenon really caught the public’s eye, starting with GameStop (GME) in […]
Trade of the Week: First Solar
For the first time in a while, First Solar (FSLR) showed up on the unusual options volume radar. The domestic solar company has seen its stock price perform nicely since 2020 and the push for more green energy solutions in the US. The options on FSLR traded 6x the normal volume on a day last […]
Missed Out on GME? Here’s a More Affordable Way to Trade Meme Stocks
While 2021 has been a very unusual year for the stock market, the most notable thing to happen is the rise of meme stocks. Meme stocks are the ones that get talked about on social media platforms like Twitter and Reddit. The first one to achieve widespread public attention was GameStop (GME). Generally speaking, meme […]
Trade of the Week: Zoom
There was 3.5x the normal volume of options in Zoom Video Communications (ZM) on one day last week. 64% of the trade were calls, which suggests a slightly bullish bias. ZM had dropped quite a bit recently after releasing disappointing earnings. However, Cathie Wood and her ARKK fund decided to use the opportunity to buy more ZM shares. This […]