Trade of the Week
Bull Put Spreads for Data Center Power Play After Recent Pullback
Vistra (VST) saw an opening sale on Friday of open 430 January 2028 $105 puts at $13.20 and recent massive opening sales of 12,350 Dec. 2027 $195 puts $48.82 for $60M on 10/29 showing strong confidence in the long-term story. Also last week saw large sales of April...
Quantum Computing High Flyer Sets up Quick Snapback Trade
D-Wave Quantum (QBTS) shares of the quantum computing name are setting up a nice snapback play off the support test near the 55 EMA last week and the the group overall has corrected over 40% from the frothy Ocotber highs. This weeks Nov 14th options are pricing in a 4...
ETF Sector Corner: Transports Ride Higher into Year End Seasonally
iShares U.S. Transportation ETF (IYT)- The fund provides exposure to a benchmark that represents the transportation industry of the US. An investment on the transportation industry could reach into multiple tiers of the economy, as consumer goods as well as raw...
Bull Put Spreads for Nuclear Play After Pullback from Highs
Oklo (OKLO) saw an opening sale on Friday of 500 December $125 puts at $18.05 bids showing confidence against the 120-125 range of support into year end as it tests the top edge of monthly value area after pulling back from the steep highs the past month. OKLO has a...
Semiconductor Leader Sets up Quick Weekly Option Trade
Taiwan Semi (TSM) shares of the top semi name are coiled up in a high tight bull flag and closed right near 300 Friday as it tested its 8 EMA. Potential to buy the dip into 300 round number support or wait to trigger above 305 for a move towards 315 this week the...
Bull Put Spreads for China Internet Leader After Recent Pullback
Baidu (BIDU) started to stabilize near the 120 level and its 55-day EMA just below there at 116.50 marked the low last week as the stock now starts to curl back up after the recent highs were made up over 145. BIDU has a lot of support just below here with the...
Quick Weekly Option Breakout Trade for Defense Software Leader
Palantir (PLTR) shares are coiling in a tight bull flag ahead of its earnings the following week on 11/3 and closed on Friday near the high end of monthly value as MACD nears a bullish cross and the stock can make a quick run to the 195-200 zone perhaps ahead of its...
Bull Put Spreads for Social Communications Name After Pullback
Reddit (RDDT) has started to stabilize near the 190-200 zone since pulling back from the highs in September and RSI quite oversold with stronger support near 180 so potential for a bounce from here setting up a bull put spread sale. Opening put sales in open interest...
Quick Weekly Option Trade for Bullish Internet Giant
Google (GOOGL) shares of the internet giant are nearing a breakout from a strong bull flag pattern and one of the top charts in the Mag7 group right now with continued bull flows and opening put sales the past month seeing dips as shallow. This weeks Oct 24th options...
ETF Sector Corner: Solar Group Seen Shining with Long Term Call Buyer
Invesco Solar ETF (TAN)- The cleverly named TAN delivers targeted exposure to the solar power energy, making it potentially useful for both betting on long-term adoption of this energy source or capitalizing on perceived short-term mispricing’s. Like many granular...