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E-commerce is on its way to becoming the new world order. And there are many ways Robinhood can help you profit from the industry meanwhile.
We have an options trade today that could bank you 157% or more in just a few months. It involves an e-commerce stock whose products never go out of style.
With the S&P 500 and Nasdaq both setting records this week, the market appears to be back on track as it wipes the March plunge from its memory. The good news is that it is not only the technology giants that are driving it higher as the rally has broadened out.
The e-commerce industry has been a lifeline through the pandemic. From telehealth to shopping, meetings, and exhibitions, companies are figuring out how to get it done with rising COVID-19 numbers. They no longer have to venture out from their homes and risk their health even the littlest bit.
But even without a pandemic, people are growing used to the convenience of online shopping. There's plenty of reason to think e-commerce will be adopted as the "new normal" over the next year.
As we've seen in 2020, change can happen quickly. But millions have been made trading options on Robinhood in the blink of an eye.
That is, you have to think and act fast to get the most out of these options trades.
Here's the best Robinhood options trade to get you ahead of the e-commerce trend.
How to View This Options Trading Strategy
Now with colder weather gripping the northern regions, dining out is likely to take a hit, and food delivery will get a boost. Money Morning Quantitative Specialist Chris Johnson sees a big opportunity in a company that owns many of everyone's favorite fast-food brands.
No doubt, you have heard of Taco Bell, KFC, and Pizza Hut and probably have ordered from one of them in recent weeks.
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Even if you turn up your nose at such cuisine, if you are an investor, you have to take note of their parent company. All of them live under one corporate umbrella, and this company's been cashing in big time this year.
Chris further points out that the demand for its menu items doesn't end in America – within the last few years, this company expanded into greater Asia with a new corporate headquarters in Shanghai.
Now, open to a whole new market of cheat meals, this Chinese spin-off has been heavily investing into its digital presence and functionality – optimizing its mobile order, touchless payment, and delivery experience. And it's been reaping the rewards of efficiency, steadily climbing upward in a long-term bullish trend since its inception in 2017.
With COVID-19 being a global pandemic, demand for such easy-to-buy comfort food is going to stay strong.
That brings us to a simple options trade that could more than double your money…