Monday, November 18, 2024
On a very busy week for earnings, Alphabet (GOOGL) shares got a huge boost after beating on both the top and bottom line. With the stock up 8% on the day after earnings, most of the options action was in calls. 71% of the options volume was on the call side, which tends to be […]
There was quite a bit of options action across multiple asset classes last week between the Fed meeting and several key earnings releases. One asset that saw plenty of options activity was gold, particularly SPDR Gold Shares (GLD). GLD tracks physical gold prices and is generally a heavily traded ETF. On a busy day last […]
The ride sharing industry has taken a beating over the last couple years due primarily to the pandemic. But is there a rebound is sight? The pandemic may finally be slowing to a crawl. Lyft (LYFT), one of the two ride sharing giants, has seen its stock price trend down since last summer. However, a […]
The market may have been selling off last week, but it didn’t stop gold miners from catching a bid. In fact, VanEck Gold Miners ETF (GDX) was up over 7% one day last week when one of its major component companies posted better than expected earnings. GDX traded over 300,000 options that day, with 76% […]
Although normally an active options stock, there was significantly more volume than usual in Intel (INTC). The semiconductor giant saw almost 500,000 options trade on a big day last week, with 72% of the action on the call side. One interesting trade from the day was a very bullish three-legged spread where a put was […]
Many looking into buying a specific stock typically look at: FundamentalsThe broad marketThe chart of the specific stock (a la technicals) And none of these are wrong. But there’s one step I take first before studying any of these 3 points. Call it a “step back” approach to determining if a stock is about to […]
There are many profitable option trading strategies, but none of them will work unless you are willing to stick to a set of guiding principles. Several rules I employ are helpful in maximizing profits, limiting losses and, most importantly, taking the emotion out of trading. Below, I will go over my basic trading philosophy, why […]
While the markets were slow for the holiday season, it didn’t stop options in FuelCell Energy (FCEL) from trading quite briskly. The hydrogen fuel cell company released earnings last week and reported a wider than expected loss on lower revenues. The share price fell nearly 14% on the day with over 200,000 options trading. The […]
Unusual options activity was not quite as brisk this past week with the short holiday week, but Alcoa (AA) did trade over twice the options volume over what it normally trades. The aluminum giant has climbed from $45 to $60 this month after a number of positive news items came out, including the stock being […]
I’m looking into the real estate sector which has been incredibly strong the past 18 months. Inventory is low…interest rates are low as well. This has attracted a lot of capital and driven prices up. Today, there’s a trade you could potentially make with nice upside into February 2022. I’ll share with you the profit […]
