Good morning.
You’ve heard of the tail wagging the dog? In the case of the stock market, that can often be the case when options traders get active. That’s because when options trades increase, banks need to hedge their contracts by actually buying shares.
That’s what happened this week with Apple ahead of its latest iPhone launch. Options trading surged on the stock to a record high on Monday, which in turn led to a large amount of share buying to hedge the options trade. On Tuesday, shares fell as the option buying slowed down. So the next time a stock is making an unusual move… look to see what the option traders are up to.
Now here’s the rest of the news:
October 14, 2019
Happy Holiday Monday!
Today Darren Hardy posted a great ‘Come From Behind’ message! Any time I hear the words “Come From” I think of Newfoundland. NFLD more than captures my imagination … It captures my heart! Newfoundlanders say, ‘they’ll be disappointed when they leave this Earth and go to Heaven’. That says quite a bit in just a few words!
To Newfounders everywhere and want-to-bes… 😉
October 14, 2018
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October 14, 2017
Today Caryl and I celebrated the marriage … the uniting … of Jebelle Morales and Mark Fortich. We’re very pleased for the both of them. Congratulations!!!
We proudly introduce you to: Mr. & Mrs. Fortich.
REW
