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Trade for the week of 08/16/2024
Quote from Admin on 12 August 2024, 9:10 amLast week, the stock market experienced mixed results with the S&P 500 and Nasdaq Composite showing slight gains, while the Dow Jones Industrial Average saw a minor decline. Which shows that you never can predict where the market is going, but you can protect against some of the turbulence by keeping risks and rewards low. Every week we show you picks that we believe show low, but steady rewards.
Our pick this week is:
Stock
Call/Put
Expiration Date
Contracts
Strike
Premium
Cashflow
Percent
BE
Put
08/16/2024
1
$9.5
$0.05
$5.0
53%
Total cash flow so far: $140.00
And our expected yield for the year: 22.75%
Last week, the stock market experienced mixed results with the S&P 500 and Nasdaq Composite showing slight gains, while the Dow Jones Industrial Average saw a minor decline. Which shows that you never can predict where the market is going, but you can protect against some of the turbulence by keeping risks and rewards low. Every week we show you picks that we believe show low, but steady rewards.
Our pick this week is:
Stock | Call/Put | Expiration Date | Contracts | Strike | Premium | Cashflow | Percent |
BE | Put | 08/16/2024 | 1 | $9.5 | $0.05 | $5.0 | 53% |
Total cash flow so far: $140.00
And our expected yield for the year: 22.75%