How to pick up some quick income using an auto stock hitting its stride
With broader macro uncertainties driving pocketed volatility across the automotive sector, patient options traders have an exceptional set-up to harvest high-quality premiums. Specifically, writing the Ford July 24th expiration $13.50 strike put at a premium of $0.45 offers an immediate 3.3% yield over the 35-day duration. On an annualized basis, this cash-covered trade structure generates […]
Carvana shares have no room for error. How to make money if they start falling
Carvana’s share price has staged a stunning comeback. The recent news that the company would be added to the S & P 500 propelled the enterprise value to more than $100 billion, a number that not only vastly exceeds those of large auto dealers like Penske , Lithia , AutoNation , Group 1 and Carmax […]
Jim Cramer breaks down how to play the rapid rise of this industrial stock
Jim and Jeff discuss the big acquisition completion by this industrial stock. They also talk about the C-suite change coming for this pharmaceutical stock. Finally, they discuss this mega cap tech stock. ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email 10:08 Wed, Jun 5 202411:01 AM EDT Source link