Grow more than 1000% by trading the news!
Welcome back Mooers.
In today discussion, we will talk about trading the news.
Many of us would have heard news about Mr. Trump own social media TMTG, which came with a mission, that is to give a voice to all. The price of $Donald Trump(BK2592.US$ stocks such as $Digital World Acquisition Corp(DWAC.US$ and $Phunware(PHUN.US$ “went to the moon” when the news came out. At one point, $Phunware(PHUN.US$ made a heroic rise of 1099.35%!
Beside the Oct 2021 of 1099.35% rise, there is also another piece of news that make $Phunware(PHUN.US$ rise more than 1000%, to be exact, 1988% meteroic rise. That piece of news is about $Phunware(PHUN.US$ developing a unique block-chain-based security token known as PhunCoin in January 2019, and forming a blockchain partnership with $IBM Corp(IBM.US$.
Next, we look at the top 8 active stock options (19 Jan 2022), as shown below:
$Apple(AAPL.US$
$CVS Health(CVS.US$
$Ford Motor(F.US$
$Tesla(TSLA.US$
$Procter & Gamble(PG.US$
$Advanced Micro Devices(AMD.US$
$Vinco Ventures(BBIG.US$
$Bank of America(BAC.US$
For beginners, straddles is an options strategy which an investor holding position in both a call option and put option. Both have the same expiry date, same underlying stock and same strike price.
That's all for today, and thank you for your support and likes.
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Mars MoooOP :
Blessedme : My strike price was 100 n 110. Hence i am safe for tomorrow expiry and hopefully it wont drop to below 110 next month option expiry date.
Mars MoooOP Blessedme:
PlutoMoo102685100 : Short and long Straddles
https://youtu.be/GDd7DFdCw90
Which do you do? @Mars Mooo
Usually I find methods that benefit from implied volatility (e.g selling puts , short straddles) dropping to be best for most investors.
Reasons?
-most investors usually take notice of a stock when there are huge fluctuations(high implied volatility)
Mars MoooOP PlutoMoo102685100: I like the video that you highlighted, especially at time 10:22 to 11:54 give a excellent sum-up of short straddle and long straddle.
IMO, it really relies on oneself to decide between defined profit + undefined risk or undefined profit + defined risk. and of course the multiple factors such as technical analysis, fundamental analysis, news and luck too.
NANA123 : support my best friend!!
Mars MoooOP NANA123: Thank you @NANA123
Dear Mooers, please also support Nana by visiting her post via the link below:
https://www.moomoo.com/community/feed/107653601951749
Thank you.
Ferdinandy : the market is at discount but there is too much fear and low buyers imo
Nick Faraci : 110
Mars MoooOP Ferdinandy:
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