NASDAQ drop in first week of 2022!

After the FED signal to raise interest rates sooner in their December 2021 meeting to fight against inflation, NASDAQ post its biggest weekly drop since February 2021.

One of the reasons for the drop is because the cost of borrowing will become more expensive as interest rates goes up.

Therefore, one of the decision factors to stay or leave will depend on whether if the companies that you are investing need to borrow more money.

Next, we look at the top 8 active stock options (07 Jan 2022), as shown below:
$Apple(AAPL.US)$
$Tesla(TSLA.US)$
$Lucid Group(LCID.US)$
$Bank of America(BAC.US)$
$Ford Motor(F.US)$
$Advanced Micro Devices(AMD.US)$
$NVIDIA(NVDA.US)$
$AMC Entertainment(AMC.US)$

Please vote which of the following Out of the Money (OTM) options you are after for $Bank of America(BAC.US)$.

For beginners, OTM stands for Out of the Money. OTM call option have strike price that is more than the current stock price. OTM put option have strike price that is less than the current stock price. At expiration, OTM options (regardless calls or puts) will become zero in value.

Thank you for your support and likes.

This is the 5th article for my MooMoo goal in 2022.