The “Options Action” traders share three options trading strategies to kick off the week. Mike Khouw looked at a put spread in the S&P 500 ETF. Tony Zhang illustrated selling a call spread in the 20+ Year Treasury Bond ETF. Mike Khouw and Carter Worth also broke down a call butterfly in Royal Caribbean. Disclaimer
The cure to the stock market’s coronavirus-driven volatility is not lower interest rates from the Federal Reserve, CNBC’s Jim Cramer said Monday. “Unless the Fed can create a vaccine or beat the virus, then it really doesn’t matter,” Cramer said on “Squawk on the Street.” The “Mad Money” host was speaking as U.S. stock futures, which
Stephanie Eisenberg at Binghamton University Stephanie Eisenberg There’s something to be said for living with mom and dad. In fact, more and more young adults are opting to do just that thanks to things like student loan debt and high rents. Yet, there comes a time when they need to strike out on their own
People wait in line to buy face masks from a post office near the Daegu branch of the Shincheonji Church of Jesus in Daegu on February 27, 2020. Jung Yeon-je | AFP | Getty Images The mayor of Seoul has sued key leaders of the Shincheonji religious group at the center of South Korea’s sudden
Many investors have been whipsawed by the market’s sharp downturn, but billionaire investor Leon Cooperman thinks reinstating an old trading rule could help protect them: The uptick rule. The uptick rule was a rule from the Securities and Exchange Commission that prevented short sellers from putting more pressure on a security that was already languishing.
Ed Hyman, a widely followed economist on Wall Street, said the coronavirus outbreak could end up causing a recession in the U.S. and slashed his U.S. GDP forecast to zero growth in the second and third quarters of this year “More cases are showing up in the U.S. and seem likely to be just the
From the streets of Beijing to Milan Fashion Week, people around the world are turning to protective masks and respirators to try and reduce the risk of infection amid the global outbreak of coronavirus. Demand is so high that it’s increasingly difficult to order respirators on e-commerce platforms like Amazon. “We’re seeing outbreaks develop in
Traders work on the floor at the New York Stock Exchange, January 14, 2020. Brendan McDermid | Reuters Investors braced for the U.S. stock futures open Sunday at 6 p.m. after rising concerns around the coronavirus sent equities tumbling last week. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all fell more than
Traders work on the floor of the New York Stock Exchange. Jeenah Moon | Reuters It’s too soon to rush back into stocks after the market suffered its worst week since the financial crisis amid coronavirus concerns, strategists at major U.S. banks warned. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all fell
Jane Bryant Quinn, personal finance expert and author. Jane Bryant Quinn In an era when everyone with a checkbook fancies himself a money guru and blogger, it’s refreshing to see “How to Make Your Money Last” by Jane Bryant Quinn updated and reissued. Jane eschews the typical and bland bromides, such as “eat ramen” and