The S&P 500 just closed out its highest-performing August in 30 years, and each of the market indexes is setting new records as we head into the most volatile month of the year.
And like I always say, volatility creates opportunity, if you know what to do with it...
So as we start a period of high volatility - that typically picks up after Labor Day - I'm looking at not one but TWO stocks that are practically guaranteed to break out over the next few weeks.
I'll give you a spoiler on our second trade: Etsy Inc. (NASDAQ: ETSY). This stock has been on a roll since we first took a look at it back in March, delivering over 700% gains on a single options trade. Now we're revisiting the rising e-commerce star, as well as a promising dividend trade...
I've been getting a lot of requests from my Fast Profits readers for a dividend play - a breed of stock that doesn't typically come through for short-term traders. Today, I'm giving you an exception to that rule - a REIT that's cashing in on the skyrocketing real estate market, with a specialty in one of the hottest investing trends of the decade.
Get the full trade details on both of these moneymakers in the video below...
Trade No. 1: Innovative Industrial Properties Inc. (NYSE: IIPR)
Action to take: Buy shares of IIPR using a limit order of $125.
Action to take: Buy to open IIPR Jan. 15, 2021 $130 call (IIPR210115C00130000) using a limit order of $12.50.
Trade No. 2: Etsy Inc. (NASDAQ: ETSY)
Action to take: Buy shares of ETSY using a limit price of $125.
Action to take: Buy to open ETSY Jan. 15, 2021 $130 call (ETSY210115C00130000) using a limit price of $16.50.
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About the Author
Chris Johnson (“CJ”), a seasoned equity and options analyst with nearly 30 years of experience, is celebrated for his quantitative expertise in quantifying investors’ sentiment to navigate Wall Street with a deeply rooted technical and contrarian trading style.