Trade of the Week: Zoom

Options, Technology Trends, Videos


One of the primary beneficiaries to the stay-at-home revolution brought on by COVID-19 is the video communication industry. In particular, Zoom Video Communication (ZM) has been on a tear in recent weeks as more and more people use the product for meetings, discussions, and chats. ZM was trading at new highs when Facebook (FB) announced it would be offering a competing product. On the news, ZM stock dropped sharply while FB shares moved higher. If you want to take a downside position in ZM, you may want to consider put spreads because single puts are expensive.


Did You Close a 200% Winner Last Week? Want To Get the Next One?

Last Monday I closed our open trade on GLUU knowing people would be stuck at home and many of them playing video games, particularly in the mobile space.

I immediately sent my traders a trade alert to make a call trade on GLUU.

11 days later I pulled the trigger and sent my traders an urgent alert to close the trade.

We booked a quick 200% winner.

I share trades like this every week in my Virtual Options Pit.

Click here for the name of our next 200% winner.

 

[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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