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Trade for the week of 11/22/2024
#1 · 18 November 2024, 10:11 am
The US stock market rebounded after the 2024 presidential election, with the Dow Jones Industrial Average up 4.6%, the S&P 500 up 4.7%, and the Nasdaq Composite up 5.7%.
Our pick this week is:
| Stock | Call/Put | Expiration Date | Contracts | Strike | Premium | Cashflow | Percent |
|---|---|---|---|---|---|---|---|
| NVAX | Put | 11/22/2024 | 1 | $6.5 | $0.02 | $2.0 | 31% |
Total cash flow so far: $188.00
And our expected yield for the year: 21.25%
