Two Short Term Trades
One approach that’s worked for us recently is placing bullish short term options trades on Portfolio Armor’s top ten names the market (and those stocks) are down. We did with two of our top names from Friday night yesterday, and just exited half of one of those trades for a 179% gain.
Today, we’re doing that with our #2 name from Monday.
Our other trade today is a bearish bet against a company reporting earnings later this week. This stock is up about 30% so far this week, on a viral video about its lidar technology, a video that was apparently deceptive.
For the first trade, our maximum upside is uncapped, and for our bearish bet, our maximum upside is about 200%. The maximum loss on both is 100%.
Details below.
Today’s Top Names Trade
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