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Showing posts from October, 2023

Kal's Option Trade of the Week - SPY Iron Condor

The market has been tanking pretty hardcore over the last few months, and especially in the last week.  Because of that, volatility around all the Index ETFs is running high.  When market volatility is running high, I prefer to stay away from individual stocks and stay in the ETFs, which are generally much less volatile (price-wise) over just individual stocks. Why? Because the SPY ETF is 500 stocks rolled into one ETF.  Obviously, 500 stocks as a whole are usually going to move a lot less than any individual stock might move. So, we'll go the the index with the highest volatility right now, which is SPY, and throw on an Iron Condor.   Happy trading! Kal :) Trading Risk Disclaimer   All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commo...

Las Vegas Sands Shines Bright in Q3 2023, Promising Returns for Investors

Las Vegas Sands Corporation, the global leader in convention-based Integrated Resorts, recently unveiled its impressive financial results for the third quarter of 2023, and it's making waves in the world of trading and investing.  The company reported earnings per share (EPS) in line with expectations and surpassed revenue forecasts, indicating a strong rebound in the travel and tourism industry. For anyone with an interest in trading and investing, here's why Las Vegas Sands' latest news is so intriguing. Recovery in Travel and Tourism The third quarter of 2023 marked a significant turning point for Las Vegas Sands, with a remarkable recovery in travel and tourism spending in both Macao and Singapore. This surge in tourism-related activity not only exceeded expectations but also gives a boost of confidence to the company's growth prospects in these regions. Robert G. Goldstein, the company's chairman and chief executive officer, stated, "We remain deeply enth...

Bitcoin's Rollercoaster Ride: False Spot ETF Approval Triggers Price Surge and Dump

In the volatile world of cryptocurrency, dramatic price swings have become commonplace.  Bitcoin, the pioneer of digital assets, recently experienced a rollercoaster ride that left traders and investors on edge. A false report of a spot ETF approval circulated on social media, causing Bitcoin's price to skyrocket to $30,000 before plummeting back down to $28,000 within a matter of hours. In this article, we'll delve into the events that transpired, the market's reactions, and what this means for the future of Bitcoin. The False Report The catalyst for this whirlwind of activity was a false report that claimed the approval of a Bitcoin spot ETF (Exchange-Traded Fund). The report was posted on X, formerly known as Twitter, and rapidly gained attention, sparking a frenzy of interactions and excitement within the crypto community. Traders and investors rushed to buy Bitcoin, anticipating that the ETF's approval would lead to a surge in its value. However, the report was deb...

US Defense Stocks Soar Amidst Israel-Hamas Conflict

Israel-Hamas Conflict Sparks Geopolitical Concerns: Implications for Financial Markets Over the weekend, Israel declared war on Hamas after a surprise attack launched by the militant group. This unexpected development has sent shockwaves through the financial markets, raising concerns about potential implications for investors. In this blog post, we delve into the details of the Israel-Hamas conflict and its impact on various sectors. While the S&P 500 closed with a 0.6% gain, the surge in WTI crude futures by 4.34% to $86.38/bbl signals that market participants are closely monitoring the situation, even if they are not yet convinced it will escalate into a broader regional conflict. The potential for Israel to target Iran, based on suspicions of its involvement with Hamas, remains a key point of concern. Currently, the conflict primarily involves Israel and Hamas, which, although worrisome, is not as threatening to global oil supplies as an Israeli-Iran conflict would be. This dis...

Kal's Option Trade of the Week - TLT Unbalanced Iron Condor

As you are hopefully aware the market has been taking a bit of a beating as of late and volatility has spiked in all the indices.  But nothing has taken more of a beating this year than Bonds .  Bond volatility is thru the roof, and (as a contrarian), I'm hoping we are near the bottom. Instead of doing just a normal Short Put Vertical, today we are going to learn about a new trade: The Unbalanced Iron Condor.  As you will learn in the video, the reason we would do a trade like this is because we have an extremely strong assumption (in this case that the Bonds will turn around from here). But also, if the Bonds bounce back too far and too fast, we don't want to lose on the upside of an Iron Condor (meaning the Call side).  So in order to give ourselves the potential to make more money, we are going to make a riskier trade (meaning a Lower POP), but a higher potential reward if we are right on the Bonds bouncing.  Watch and learn, Kal :) Trading Risk Disclaimer ...

China's Critique of EU Impacts EV Stocks: Tesla and Rivian Face Challenges But Rally On

In the fast-evolving world of electric vehicles (EVs), every twist and turn can send ripples through the stock market.  Recently, China made headlines as it criticized the European Union (EU) over its inquiry into EV subsidies, and this critique had a noticeable impact on the EV sector.  In this post, we'll explore how this criticism affected EV stocks, particularly Tesla ($TSLA) and Rivian ($RIVN). We'll also delve into the latest developments in the EV market, including Tesla's Q3 production figures and Rivian's ongoing journey toward profitability. China vs. EU The EV Subsidy Dispute China's criticism of the EU's investigation into EV subsidies raised eyebrows in financial markets. While the specifics of China's critique were not detailed in the available information, the dispute underscored the significance of global EV competition and cooperation. EV Stocks React Tesla and Rivian The ripple effect of China's criticism was felt in the stock market, p...