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Trade for the week of 11/15/2024
#1 · 11 November 2024, 10:50 am
The Dow Jones Industrial Average surged today, but the Nasdaq struggled as the "Trump trade" took the spotlight in markets. This week will bring fresh readings on inflation and retail sales.
Our pick this week is:
| Stock | Call/Put | Expiration Date | Contracts | Strike | Premium | Cashflow | Percent |
|---|---|---|---|---|---|---|---|
| IREN | Put | 11/15/2024 | 1 | $10.0 | $0.05 | $5.0 | 50% |
Total cash flow so far: $186.00
And our expected yield for the year: 21.49%
