Category: Trade ideas
Today’s trade idea for option traders: Bed Bath and Beyond (trade closed)
My last trade on BBBY didn’t work out due to negative fundamental news, and I got 100 shares assigned. But meanwhile, the tide has turned to my favor and I could get rid of the shares with a profit. Check out the updated article, folks. The price level of BBBY seems to stabilize after the short squeeze. But the implied volatility on it is still relatively high so it’s a must have trade on Bed, Bath & Beyond. So let’s check it out.
Read MoreToday’s trade idea for option traders: Sinclair Broadcast Group (trade closed)
My last trade idea on Sinclair Broadcast Group (SBGI) was almost a year ago. And since that time, SBGI had first a nice, dynamic move upwards followed by a pretty steep drop literally within days in March 2021 from the high of around $39. Caused by several negative fundamental news, the price decline finally stopped at the levels of around $28 and since then it was moving sideways in a slight decline till now. Since then a triple bottom was formed at the level of around $26, there is a good chance the price will bounce from this level and move higher. At least in the next couple of weeks. And that would be enough to set up a short term trade as usual. So let’s dive in, folks.
Read MoreToday’s trade idea for option traders: Unum Group (trade closed)
As opposed to the winter and spring, this summer 2021 wasn’t really good for option sellers as the implied volatility was too low. Actually, it’s still too low. But with Unum Group, we now finally got a stock with a higher implied volatility as usual. That’s why I’d like to introduce my trade idea on this one. So let’s check it out!
Read MoreToday’s trade idea for option traders: Bed Bath and Beyond (trade closed)
It’s been a while since I published a new trade idea. The reason for this was that since a couple of weeks the most stocks were rather bearish than bullish. Besides that, the Implied Volatility was too low to get a decent premium. And what should you do in such periods? The answer is simple – do nothing! Stay out of the game and wait, don’t force it. The next opportunity will come for sure which is maybe right now. That’s why I like to publish the next trading idea on options. This time it’s again Bed, Bath and Beyond. I already published a trade on this stock (check it out here). So let’s see if the idea will work out on this stock again.
Read MoreToday’s trade idea for option traders: Old Republic International (trade closed)
I’ll make it quick this time because it’s actually a continuation of the last trade on Old Republic International folks. As the price was moving sideways and it didn’t look like it was making ambitions do go down, I opened another options trade on ORI. So check it out.
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