Options

Trade of the Week: BITO

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?

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 […]

How to Make Triple-Digit Profits with Options

How to Make Triple-Digit Profits with Options

Once you start looking for option trades on your own, the most important thing you can do to find trades with triple-digit profit potential is staying up on the news. The market and stocks in general move up and down over time, and the key is to identify these cycles. You will learn to decipher […]

Trade of the Week: RBLX

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 […]

Trade of the Week: Copper

Trade of the Week: Copper

When inflation is a going concern for the economy, we tend to see a lot of action in commodities and natural resource stocks.  One heavily traded commodity stock last week was Freeport-McMoran (FCX), which is one the largest copper producers in the world.  Options trading in FCX was unusually heavy on a day last week, […]

What’s Next For FB?

What’s Next For FB?

Last week, shares of Meta Platforms (FB) plunged after the company reported worse than expected earnings.  In fact, the stock dropped over 26% in one day, the biggest single-day decline in its history.  The company missed on revenues, revenue forecasts, and number of users.  Despite the huge down day, about 61% of the 2 million […]