Tuesday, September 21, 2021
Starbucks (SBUX) showed up on the unusual options volume page last week for the first time in quite a while. The coffee giant saw its shares drop 3.7% in one day, with 2.7x the number of options traded compared to the average. However, 61% of the options traded were calls, which tends to be a […]
Watch today’s weekly options trade with Serge Berger above. 11 days to an income for lifeImagine every 11 days you’re telling your spouse “Hey honey, it’s time to collect our cash.” Like a well you draw cash from again and again every 11 days.Sounds nuts, but we’ve been doing it for years…and now you can […]
For the first time in a while, First Solar (FSLR) showed up on the unusual options volume radar. The domestic solar company has seen its stock price perform nicely since 2020 and the push for more green energy solutions in the US. The options on FSLR traded 6x the normal volume on a day last […]
Watch today’s weekly options trade with Serge Berger above. 11 days to an income for lifeImagine every 11 days you’re telling your spouse “Hey honey, it’s time to collect our cash.” Like a well you draw cash from again and again every 11 days.Sounds nuts, but we’ve been doing it for years…and now you can […]
There was 3.5x the normal volume of options in Zoom Video Communications (ZM) on one day last week. 64% of the trade were calls, which suggests a slightly bullish bias. ZM had dropped quite a bit recently after releasing disappointing earnings. However, Cathie Wood and her ARKK fund decided to use the opportunity to buy more ZM shares. This […]
In July, I recommended a tech stock buy. The stock has run up some and I’m actually taking profits as it’s popped 10% in two months. Watch my short video: 1. To see the trade I called and made But, maybe more importantly… 2. Learn how I approach a trade to know when to take […]
The iShares Russell 2000 ETF (IWM) is a very popular product that tracks the performance of small cap stocks. While it trades over 500,000 contracts on average per day, there are some interesting block trades that hit the tape now and then in IWM options. In this case, a 26,000 block of March covered calls […]
Are moving averages very reliable for your trading? I actually use 3 different moving averages which I’ll share today. For some traders, it’s a ‘go-to’ indicator for selecting when to enter and exit and a position. I believe it’s not as simple as that. In fact, I believe if you only follow moving averages, you’ll […]
Last week, for a brief period, there was some extreme options action in Cboe Global Markets (CBOE). The options traded 12x the normal volume, with 91% of the volume in calls. That many calls trading tends to be a bullish signal. In this case, the action was due to a rumor that CME had made […]
Our current analysis says the Infrastructure Bill in Congress will pass very soon. That’s after many backs and forths… but this last draft seems to be ready to run through the legislative and executive branches with a green checkmark. That’s why I’m watching some infrastructure stocks. Of course, some traders may argue we could see […]
