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Trade for the week of 08/16/2024

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%

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