Issues
There is no sugar-coating it, the market, led by the Nasdaq which has fallen for six straight trading sessions, had a bad week. By week’s end, the S&P 500 fell 4%, the Dow lost 1%, and the Nasdaq dropped 6.2%.
Recent Alerts
Open Positions
| Position | Date Opened | Current Net Price |
|---|---|---|
| Puts and Calls | ||
| Buy Call WFC | 4/23/24 | 5.32 |
| Buy Call GDX | 4/4/24 | 4.50 |
| Buy Call FCX | 3/21/24 | 5.90 |
| Buy Call NVO | 3/12/24 | 14.05 |
| Buy Call HOOD | 2/22/24 | 2.70 |
| Buy Call TSM | 2/13/24 | 13.40 |
| Buy Call SNAP | 12/20/23 | 3.60 |
| Buy Call RSP | 12/14/23 | 7.69 |
| Buy Call PLTR | 11/3/23 | 3.10 |
| Buy Put XLF | 8/22/23 | 1.42 |
| Spreads | ||
| Covered Call Writes | ||
| PR Covered Call | 2/29/24 | 14.54 |
Options Strategy
Options trading has its own vernacular. To know how to do it, you need to know what every options term means. Here are some of the basics.
Want to know how the big institutional investors use options? Here is an example of how one trader spent $132 million on three technology stocks.
This guide will help you execute the three types of options strategies recommended in Cabot Options Trader: Buying puts and calls, covered call writing and spreads.
Guide to Options Trading — Pro Version
Options Education
From the questions I receive, I’m aware that a decent percentage of my subscribers have stock and/or options positions in a handful of stocks, including Apple (AAPL), Facebook (FB) and Alibaba (BABA).
Worried about another market correction? This bit of options education should help you learn how to hedge your portfolio using puts.
Options education is one of my main goals for Cabot Options Trader subscribers. And here are three important lessons I’ve been telling people lately.
Options education is one of my main goals for Cabot Options Trader subscribers. And here are three important lessons I’ve been telling people lately.