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Trade for the week of 12/06/2024
#1 · 2 December 2024, 10:00 am
The stock market had a strong November with the S&P 500 and Dow Jones Industrial Average closing at records and achieving their best monthly performances of the year, up 5.7% and 7.5%, respectively. The market is expected to continue its upward trend in December and into 2025.
Our pick this week is:
| Stock | Call/Put | Expiration Date | Contracts | Strike | Premium | Cashflow | Percent |
|---|---|---|---|---|---|---|---|
| APLD | Put | 12/06/2024 | 1 | $9.0 | $0.05 | $5.0 | 56% |
Total cash flow so far: $193.00
And our expected yield for the year: 20.91%
