How to trade stocks. How to trade options. How to trade $DWAC. Trade Idea For You.
0:00 Intro
1:49 Quick Background
4:08 Technical Analysis
8:03 Trade Idea - Sell Puts!
11:15 Conclusion
Looking for a trade idea? Here's one for you for the upcoming week!
$DWAC is a SPAC from Donald Trump. The company recently IPO and it rocketed 17x in 2 trading days.
Options open up on Monday for this stock. We need to take advantage of the potential high volitility for this stock and sell some put options. I don't think short sellers can come in and make a difference in the short time frame, but I'm excited to see what's going to happen.
#investing #stocks #market #personalfinance #trading
Good luck trading.
*NOT FINANCIAL ADVISE. THIS IS MY OPINION AND SHOULD NOT BE VIEWED AS FINANCIAL, TAX, LITIGATION ADVISE. I AM NOT TELLING YOU WHAT TO BUY/SELL/TRADE.* William Zhang
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