On Friday, June 16th, our subscribers opened their email to find my June Vertical Options Trader picks. After looking over the trades, subscribers logged into their brokerage accounts and bought call spreads on Wayfair (W). At the time, each spread cost about $286. By Friday, July 14th, those subscribers closed out...
<p>Wells Fargo upgraded <strong>McDonald's Corp</strong> <strong>(NYSE:MCD) </strong>to "overweight" from "equal weight" earlier, highlighting the <strong><a href="https://www.schaeffersresearch.com/content/news/2023/07/27/quarterly-win-draws-options-traders-to-mcdonalds-stock" target="_blank">fast food giant'</a>s </strong>affordable food items, menu innovation, and digital strength. The analyst added McDonald's is "best positioned to weather a storm" from higher interest rates, rising gas prices, and resuming student loan payments.</p> <p>Analysts were already bullish...
<p><strong>Nio Inc (NYSE:NIO) </strong>earlier announced worse-than-expected second-quarter losses and revenue. The electric vehicle (EV) name also saw its delivery numbers dwindle year over year, and issued a fiscal third-quarter revenue outlook that was below analysts' estimates. At last check, NIO was down 7.9% at $10.15.</p> <p>Today's bear gap early sent...
On Friday, June 16th, our subscribers opened their email to find my June Vertical Options Trader picks. After looking over the trades, subscribers logged into their brokerage accounts and bought call spreads on Wayfair (W). At the time, each spread cost about $286. By Friday, July 14th, those subscribers closed out...
