Steer Clear of These Three Popular Closed-End Funds

Steer Clear of These Three Popular Closed-End Funds

With my focus on higher yield investments, I often receive questions about various closed-end funds, often referred to as CEFs. CEFs are actively managed investment pools with shares that trade on the stock exchanges. A lot of these funds carry very attractive yields. The danger is that this is an asset class where it is […]

Trade of the Week: Unusual Options Activity in US Steel

Trade of the Week: Unusual Options Activity in US Steel

Recently, there was some significant unusual options activity in United States Steel (X). A flood caused US Steel to shut down one of its steel mills and the stock dropped 6% on the news. This is the sort of situation that typically makes for a good shorter-term options trade. A steel mill closing should cause […]