Trade of the Week: PINS

Options, Social Media, Videos


Idea-sharing social media site Pinterest (PINS) is seeing a lot of options action after posting standout earnings. Like many social media companies, PINS is thriving from the remote work/study/play environment brought on by the pandemic.

PINS user growth and ad revenues were better than expected, and the stock jumped over 26% higher on the day after the earnings news. One trader rolled out a moderately bullish covered call position to February, suggesting that the gains in the share price won’t be short-lived.

Getting Hot Trades on Stocks Like NIO and TSLA

One of the more interesting stock market stories has been the rise of TSLA challenger NIO. Shares for both have been loosely correlated for most of the year... until recently when the stock was upgraded by JPMorgan. Trading volume and options activity have taken off creating some interesting trade set-ups. Here's how I'm finding those trades and making them with extra cash sitting around the house.

Click here for details.

 

[FREE DOWNLOAD] 10 Simple Rules for Trading Options Like a Pro

[FREE DOWNLOAD] 10 Simple Rules for Trading Options Like a Pro

Follow these 10 simple rules from 20-year professional options trading veteran, Jay Soloff and start earning a reliable extra income from options.

 

NO prior experience needed to master these 10 simple options trading rules. 

 

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