Author: Jay Soloff

A Very Bullish Options Trade on Oil and Gas

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

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 […]

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 […]

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 […]

One Way To Hedge Oil Stocks With Options

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 […]

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 […]

Trade of the Week: GOOGL

Trade of the Week: GOOGL

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 […]