Thursday, April 25, 2024
I’m on the road this week working remote, however, I still wanted to share this important update of what I’m seeing. May usually begins choppiness in many markets… And there’s one particular area of the market I see a potential 5% pullback. That’s not to sound warning bells…but more to alert you of a potential […]
After dropping out of the spotlight in recent months, option trading in Nikola (NKLA) is back. The electric truck designer is expecting to install hydrogen filling stations in CA, and the stock jumped nearly 15% on the day the news broke. Considering the company hasn’t produced anything meaningful to date, the crowd took this as […]
Click the video above to watch this weeks Serge Berger Weekly Options Trade
One active name in options this past week was Roblox (RBLX), a video game company that recently had its IPO. RBLX produces an extremely popular game that has shown very strong growth. The company recently partnered with Hasbro for physical toys as well. On a busy day last week, 85% of the options that traded […]
I’m looking at a scary chart in the video above. It’s a chart that shows the market…especially the S&P 500…could be do for a correction in the next month as we go into earnings season. Watch my quick 4 minute 41 second video to discover: Where the S&P 500 could drop to (more importantly) – […]
This past week, there was quite a bit of options action in Square (SQ). SQ has been a popular stock over the past year or so as one of Cathie Wood’s largest holdings in her ARK funds. The company is known for its payment processing business and also for its buy-in to the cryptocurrency industry. […]
I was surprised to find a sector that is set to explode quickly. I was surprised because this strong sector has been on an uptrend for the past 13-years…but has hit a trough and is turning up as you read this. If you think it’s technology, you’re wrong. Currently, the entire sector is about 17% […]
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 […]
Markets and asset classes are very much intertrwined. But when you look at just the stock market you get only a fraction of the information you need to know. There’s a very simple but also very powerful indicator that I like to use to confirm the messages I see in the stock market. The way […]
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. […]
