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Trade for the week of 08/02/2024
#1 · 29 July 2024, 9:26 am
There will be a lot of activity this week in the Stock Market. We have Federal Reserve rate decision, the jobs report, and Big Tech earnings. We are leaning into Tech this week with our pick.
Our pick this week is:
Stock | Call/Put | Expiration Date | Contracts | Strike | Premium | Cashflow | Percent |
SQQQ | Put | 08/02/2024 | 1 | $8.0 | $0.03 | $3.0 | 38% |
Total cash flow so far: $132.00
And our expected yield for the year: 22.88%
