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Trade for the week of 01/17/2025
#1 · 13 January 2025, 10:06 am
The US stock market remains in a rut, with the S&P 500 down 0.4%, as Nvidia and tech stocks weigh on Wall Street. The Dow Jones Industrial Average rose 0.5%, despite Moderna's largest loss (21.8%) on a disappointing revenue forecast.
Our pick this week is:
| Stock | Call/Put | Expiration Date | Contracts | Strike | Premium | Cashflow | Percent |
|---|---|---|---|---|---|---|---|
| RIOT | Put | 01/17/2025 | 1 | $9.5 | $0.03 | $3.0 | 32% |
Total cash flow so far: $8.00
And our expected yield for the year: 20.80%
