Technology Stocks

Trade of the Week: MU

Trade of the Week: MU

Significant options volume showed up on earnings day last week for Micron (MU). The computer memory chip producer was up nearly 5% on better than expected earnings. That’s likely why 75% of the 335,000 options that traded that day were calls. Call activity tends to correlate with bullish activity in the stock. Several of the […]

Trade of the Week: SMH

Trade of the Week: SMH

On an active day this past week we saw double the normal amount of options activity in VanEck Vectors Semiconductor ETF (SMH). SMH is a popular gauge of the semiconductor market and also generally is actively traded by options traders. It appears someone rolled a massive in-the-money covered call in SMH, from May to August. […]

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NGVT Stock Price Pushing 52-Week Highs

Ingevity (NGVT) has been on the verge of making fresh 52-week highs as shares flirt with key resistance at the $80 level and the stock’s early January peak at $79.68. The company, which produces a variety of carbon materials and specialty chemicals, was spun out of WestRock (WRK) in 2016 at $25 a share. NGVT […]

Using Options To Protect The Downside In ARKK

Using Options To Protect The Downside In ARKK

Almost any trading or investment strategy can be improved with options. This may seem like a controversial statement, but it very much depends on how you define “improved.” While many would assume “improved” means the ability to produce higher returns, I believe it means the ability to generate more stable returns. In other words, options […]

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ARKK Implosion: Using Options to Profit From It

Over the past few weeks, the theme in the stock market has been a selloff in the tech sector. Several high-fliers from 2020 and early this year have taken a beating. While many buzzworthy tech names seemed to be overvalued, they didn’t look like they would experience a pullback…that is, until they did. Perhaps the […]

Make This ARKK Trade if You Think Tech Looks Toppy

Make This ARKK Trade if You Think Tech Looks Toppy

It’s no secret that investors love tech stocks. After all, the most exciting innovation takes place in tech. (When’s the last time an exciting innovation in supply chain management caused a stock price to spike?) Of course, innovation often leads to growth. And growth… well, it makes shareholders money. No company has tapped into the […]

Aug 1, 2019 San Jose / CA / USA - CISCO sign in front of the headquarters in Silicon Valley; Cisco Systems, Inc. is an American multinational technology conglomerate

Cisco Systems Setting up for a Possible Breakout

Cisco Systems (CSCO) has struggled throughout 2020 after shares came in at $48 and are down 7% despite the strong gains observed throughout the tech sector and on the Nasdaq this year. CSCO was once considered one of the “four horseman” of the tech sector throughout the 1990s—along with Dell, Microsoft, and Intel—and one of […]

Trade of the Week: QQQ

Trade of the Week: QQQ

2020 was a huge year for tech stocks, but can it continue in 2021? At least one large trader feels like Invesco QQQ Trust (QQQ) has moderate bullish potential for the first 6 months of the year.  QQQ, the Nasdaq-100, set record highs in 2021, but the popular ETF pays a miniscule dividend. The trader […]

PTON Share Price Pops After Acquisition Announcement

PTON Share Price Pops After Acquisition Announcement

Peloton Interactive Inc. (PTON) raced above $162 a share after announcing a $420 million deal to acquire Precor, a global commercial fitness company.  “Telsey Advisory Group analyst Dana Telsey said she expects the deal could increase PTON’s annual sales by $480 million to $500 million, assuming PTON retains Precor’s revenue,” as reported by CNBC. Ocugen […]

Bullish Technology Stocks

Bullish Technology Stocks

Are you bullish technology stocks? Just like not all tech stocks are created equal, there are important differences in terms of tech exposure between the Nasdaq 100 and the sector etf. Choosing the proper vehicle to express a bullish view in tech is crucial. FREE DOWNLOAD: “How to Turn Every Month Into a $500 Payday […]