Benzinga Founder and CEO Jason Raznick and Director of Operations Luke Jacobi just lately launched a lunchtime present on YouTube to work together with followers and share buying and selling concepts.
Apple Choices Commerce: Shawn Cruz, the senior supervisor of companies and advocacy at TD Ameritrade, joined the present Friday.
Cruz mentioned choice premiums are fairly low cost with the VIX volatility index falling. As an alternative of promoting calls or places, Cruz recommends shopping for places to hedge portfolio beneficial properties.
Cruz recommends going out 60 to 100 days and analyzing the place resistance/assist ranges are. He mentioned Apple’s assist stage is round $108 to $109 since August.
The technique mentioned on the present was to purchase January places at $105 to $107.5 as some merchants look under the assist stage.
Buyers may surrender some beneficial properties if shares fall, however the put offsets that worth. An increase within the VIX may additionally push choice values up throughout the board.
The video under reveals the commerce.
Successful Trades: The lunchtime present has produced some profitable inventory picks.
On Friday, the staff mentioned Raznick’s choose of Upwork Inc. (NASDAQ: UPWK), which he favored heading into earnings. Shares went up over 45% after the corporate’s earnings beat on Wednesday afternoon.
Jacobi mentioned his choose in Palantir Applied sciences (NYSE: PLTR). He began shopping for shares and recommending the inventory at $10.25.
Shares hit a brand new excessive of $14.96 on Friday after reporting quarterly earnings Thursday after market shut.
“I’m feeling fired up,” Jacobi mentioned.
About The Present: The lunchtime present runs day-after-day on YouTube from 12:10 p.m. to 1 p.m. ET.
“The purpose of this present is to be the most effective buying and selling useful resource on the market,” Jacobi mentioned Friday.
The present options the Benzinga duo and a visitor every day. Commerce concepts are additionally shared from the group by the chat on YouTube.
“We’re your secret money-making machine,” mentioned Raznick.
Subscribe to the Benzinga YouTube channel and activate notifications to get alerted when the lunchtime present goes stay every day.
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