Quarter 4 just around the corner! Historically, this has proven to be one of the most volatile times of the year and as an options trader, that means you could make some major holiday moolah.
If you attended our Monday Morning SPY Session, Christopher Irvin showed you his Top 5 Trade List for the week. Didn’t get a chance to attend? No worries, we’ve got your sneak peek below!
The potential trades that could be your holiday helpers
WTW: According to Irvin, Weight Watchers is the best trade opportunity on his Top 5 Trade List. Although it fluctuates between large and small movements, with a volatility skew of 30 points (after market close), it looks like Weight Watchers has the potential of overcoming its current straddle.
GPRO: The market hype over GoPro continues as the digital camera company is trading at almost four times its IPO price! Amidst all the excitement, Irvin shares a word of warning: “The potential trade opportunity looks great, but it’s priced a little on the high side, in my opinion.”
LNKD: Social media is taking the options market by storm. LinkedIn is expected to – [Section Removed – Proprietary Information for MTI Ultimate Options Course Students Only.]
Do you plan on utilizing this information in your future options trades? Do you have different stocks on your options radar? Give us a shout out on social and let us know!
To get a sneak peek of this week’s expert trading plans, market report details and to prep your personal plan, RSVP for an upcoming FREE Options workshop here.