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Options News and Commentary

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Thu, Feb 8th, 2024
NVDA Bull Put Spread Could Return 20% In A Week

Nvidia’s (NVDA) great run continues as the stock broke $700 yesterday.

NVDA : 696.41 (-0.65%)
INTC : 42.50 (-0.65%)
AMD : 169.35 (-0.93%)
Short-Term Options in Commodities: Potential Benefits and Applications Part 2

Learn how short-term commodity futures contracts from CME Group can be used to manage risk amid market-moving events.

Snap Stock Tumbles with Unusual Call Option Activity, Even Though Its FCF Soared in Q4

Snap Inc is down over 31% today and its call options show unusual activity. The culprit is lower revenue guidance and negative EBITDA forecasts. But Snap produced huge free cash flow in Q4.

Calculating U.S. Treasury Futures Conversion Factors

Find out how U.S. Treasury futures are standardized with conversion factors

Bear Call Spread Screener Results for February 7th

A bear call spread is a type of vertical spread, meaning that two options within the same expiry month are being traded.

Why Novavax (NVAX) Just Might Surprise the Bears

Although no one will question that NVAX stock is an ugly market idea, too much pessimism can sometimes produce a bounce-back effect.

McDonald's Keeps Its High FCF Margins - MCD Stock Could Be Worth $340 - 20% More

McDonald's Corp kept its very high free cash flow margins - 28.5% in 2023. MCD stock could be worth 20% more at $340 per share. Shareholders can enhance their income by shorting OTM puts.

Options Insight: Exploring Opportunities in Low Implied Volatility Stocks

Market volatility has picked up a little in recent weeks, but some stocks are still showing surprisingly low implied volatility.

Lewis Hamilton Should Change the Investment Narrative for Ferrari (RACE)

Although betting on an already hot enterprise like Ferrari seems risky, the company’s move to secure a superstar athlete potentially shifts the paradigm into high gear for RACE stock.

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Barchart
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Josh Brown, CNBC Fast Money Trader and CEO at Ritholtz Wealth Management, sold 20% of his long-term Nvidia $NVDA position and believes it has gone up too much, too fast. https://t.co/7SeZPFsyMv
Barchart
@Barchart
ETFs w/ most active options trading: $SPY - 6.3M $QQQ - 2.9M $IWM - 1.3M $TLT - 327k $TQQQ - 189k $SMH - 175k $HYG - 172k $EEM - 158k $FXI - 154k $KRE - 144k $SOXL - 133k $SQQQ - 130k $ARKK - 108k $XLE - 108k $EFA - 101k $SLV - 87k $XBI - 81k $KWEB - 81k $EWZ - 80k $XLU - 72k
Barchart
@Barchart
Stocks w/ most active options trading: $TSLA - 2.0M $PLTR - 1.6M $NVDA - 1.2M $DIS - 826k $ARM - 775k $PYPL - 770k $AAPL - 767k $MARA - 740k $AMZN - 623k $META - 583k $AMD - 538k $TSM - 499k $SNAP - 475k $BABA - 423k $PINS - 309k $AFRM - 285k What options did you trade?
Barchart
@Barchart
$TLT forms a Golden Cross https://t.co/W2dtcdTYDQ
Barchart
@Barchart
S&P 500 continues higher but short-term market breadth is weakening. The last 3 times the % of $SPX stocks above their 50 Day Moving Average dropped meaningfully below 50%, the index sold off. Watch that level! 👀 https://t.co/9TdLfWpnLJ
Barchart
@Barchart
Barchart
@Barchart
Is the end near for Cocoa's parabolic run? https://t.co/16rdsOwwW8
Barchart
@Barchart
Extreme Greed returns to the Stock Market 🤑💰🥳🫡 https://t.co/pFrm1k6O5Y
Barchart
@Barchart
JUST IN 🚨: S&P 500 $SPX hits 5,000 for the first time in history https://t.co/uQTzgZ8j3c https://t.co/UMWcgsDVhB
Barchart
@Barchart
Walt Disney $DIS scores biggest daily gain since 2020! Welcome back Bob Iger 🫡 https://t.co/1IE4Yo1ozR

Chart of the Day

Uber Technologies Inc (UBER)

The Chart of the Day belongs to the ride share and food delivery company Uber Technologies (UBER) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal...
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