Geopolitical tensions
Geopolitical tensions have been rising in recent years. Whenever there are such tensions of conflicts, defense and oil companies will see their stocks getting a little bump, such as $Lockheed Martin(LMT.US$ , $RTX Corp(RTX.US$ and $Exxon Mobil(XOM.US$ $Occidental Petroleum(OXY.US$
AI intelliegence companies such as $Palantir(PLTR.US$ is also getting a boost.
Knee Jerk. Reactive. That is all I can say for now.
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New Baby : Thanks for sharing your sell option strategy which I also try to do the same now. May I ask, usually I just wait till the expiration date for the sell put option to expired worthless and collect the premium? Can we close the sell option before the expiry date? If yes, how to close a sell put option?
Cow Moo-neyOP New Baby: Hello. You don’t have to hold on till expiration date. You can choose to close the sell put option by buying back the same option (i.e. same strike price and same expiration date)
Cow Moo-neyOP New Baby: You can check out my 2 options videos for more information