Issues
The breadth worries that had so many traders on edge finally reared their ugly head and took a bite out of the market as the indexes took a big hit on Wednesday. By week’s end things had improved a touch, but still the S&P 500 fell 2.45%, the Dow lost 2.54%, and the Nasdaq declined by 2.71% last week.
Recent Alerts
Open Positions
| Position | Date Opened | Current Net Price |
|---|---|---|
| Puts and Calls | ||
| Buy Call SOFI | 12/20/24 | 3.75 |
12/5/24 | 3 | |
| Buy Call RKT | 8/27/24 | 3.53 |
| Buy Call PLTR | 7/2/24 | 4.63 |
| Buy Call HPE | 6/20/24 | 2.73 |
| Buy Call ONON | 5/29/24 | 6.40 |
| Buy Call WMT | 5/17/24 | 4.35 |
| Buy Call ORCL | 9/12/24 | 14.93 |
| Buy Call OXY | 10/2/24 | 5.50 |
| Buy Call GLW | 10/11/24 | |
| Spreads | ||
| Buy Call HOOD | 2/22/24 | 0.16 |
| Covered Call Writes | ||
| PR Covered Call | 2/29/24 | 14.54 |
| Buy Call MSOS | 5/2/24 | 7.65 |
| Buy Call LYFT | 6/7/24 | 15.30 |
| Buy Call SMR | 10/24/24 | 16.4 |
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.