Trade ideas

Trade ideas

Today’s trade idea for option traders: Workhorse Group Inc.

trade idea for option traders

With the hype for regenerative energies and electric vehicles, Workhorse was one of the profiteers of the rally in this sector. In December 2020, the stock plunged about 22%. The reason for this was that the U.S. Postal Service announced it’s delaying a decision on who will get a contract to build next-generation trucks worth $6 billion for its fleet. On 4th January, on the other hand, Workhorse announced that it had received an order for 6,320 C-Series electric delivery vehicles from Pride Group Enterprises, a Canadian and U.S. based company with businesses in transportation for the last mile. So in a short term perspective, there is an opportunity for an options trade. Let’s check this out, folks.

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Trade ideas

Today’s trade idea for option traders: The Interpublic Group of Companies

trade idea for option traders

Interpublic Group is an ad giant. The companies of the Group are specialized in all kinds of advertising, digital marketing, communications planning, media, public relations and so on. IPG’s revenue in the Q3 2020 demonstrated resilience in the face of the pandemic due to the steps taken to position the company as a strategic partner to its clients. And in the past days, the price of this stock knocked at the pre-pandemic level. Although there was a bounce, it could also be just a pullback. Therefore, this is giving an opportunity for a options trade. So let’s check it out, folks.

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Trade ideas

Today’s trade idea for option traders: Kimco Realty Corp.

trade idea for option traders

Yes, because of COVID-19 it was a bad year for REITs. And Kimco Realty was also suffering from a roughly 28% decline. Of course, with around 400 shopping centers getting shut down and consumers increasingly buying online, it’s would be hard to make money in this business. Nevertheless, Kimco could collect around 90% of its October rent and thus, the revenue was down “just” 8% in the third quarter of 2020. And that was maybe the reason Kimco increased its dividend in the fourth quarter, just after the dividend cut in the third quarter. Of course, Kimco is facing a long recovery process now. It’s not only because of the Corona pandemic but also because of the headwinds from the online shopping which is, of course, a strong competitor of retail REITs. Therefore, long term-investors should be cautious with Kimco, too. But for all option traders who are usually short term oriented, there is an opportunity to sell options and collect a premium. So let’s check it out, folks.

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Trade ideas

Today’s trade idea for option traders: Sinclair Broadcast Group

trade idea for option traders

When I introduced the trade from 12th November 2020, it could be closed 14 days later with a profit of $150 – 155$ per option. Today, there is another opportunity for a new options trade on Sinclair Broadcast Group. As the previous trade lies just a couple of weeks ago and there are no new earnings published, we have the same conditions: In spite of the negative earnings announcement in Q3 2020 (an operating loss of $4.18 B) there nevertheless comes a certain momentum upwards which gives to option traders an opportunity for a new trade on Sinclair Broadcast Group. So let’s check it out, folks.

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Trade ideas

Today’s trade idea for options traders: Pure Storage Inc.

trade idea for option traders

Pure Storage delivers so-called All-Flash-Arrays (AFA) infrastructures and has an excellent reputation in this industry branch. The stock of this company is listed on the exchanges since 2015 and in total, it didn’t perform well. But now, from a point of view of a chart technique, this turns into a short-term opportunity for option traders. From a fundamental point of view, analysts expecting an increasing EPS of $0.26 in 2021 which should support the stock’s price. So let’s check this option trade opportunity, folks.

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