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Trade for the week of 09/27/2024
Quote from Admin on 23 September 2024, 9:09 amThe US stock market is experiencing volatility due to concerns about the health of the economy, despite the Fed's recent interest rate cut. Upcoming data releases this week will be closely watched to see if they support the Fed's assertion that economic conditions remain strong.
Our pick this week is:
Stock Call/Put Expiration Date Contracts Strike Premium Cashflow Percent CLSK Put 09/27/2024 1 $8.0 $0.04 $4.0 50% Total cash flow so far: $163.00
And our expected yield for the year: 22.31%
The US stock market is experiencing volatility due to concerns about the health of the economy, despite the Fed's recent interest rate cut. Upcoming data releases this week will be closely watched to see if they support the Fed's assertion that economic conditions remain strong.
Our pick this week is:
Stock | Call/Put | Expiration Date | Contracts | Strike | Premium | Cashflow | Percent |
---|---|---|---|---|---|---|---|
CLSK | Put | 09/27/2024 | 1 | $8.0 | $0.04 | $4.0 | 50% |
Total cash flow so far: $163.00
And our expected yield for the year: 22.31%