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Stocks

How to Trade Options on Nikola Stock

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Electric truck-maker Nikola Corp.

(NASDAQ: NKLA) has been one of the wildest stocks of 2020.

The company went public in a reverse merger on June 4 at $34 per share and jolted 176.5% higher to $94 just three trading days later.

Since then, NKLA has experienced a significant drop and sits near $27 per share today.

But that doesn't mean we can't make money on it… You see, Nikola's volatility is actually a good thing if you want to make fast money trading options.

So today, we're going to show you how to make money with options from the fall of NKLA stock using a strategy known as a "put spread" that Money Morning's own Andrew Keene just revealed.

Here it is...

Wall Street

“Dark Pools” Let Wall Street’s Elite Trade in Secret; Now It Can Be Your New Weapon

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It may seem like Wall Street's elite have an advantage over the average investor.

Maybe you just couldn't put your finger on how.

You just know it in your gut that their money and influence buys them something you can't get.

Now, we've got the proof.

Even better, we've found a way to use that information to help you make gains like 50% in six days, 390% in three days, and 63% in seven days.

It all has to do with secret exchanges called "Dark Pools."

In fact, 42% of all stock trades are made using these Dark Pools.

And thanks to a new algorithm, you don't have to be left out in the dark any longer...

Stocks

Why Bill Ackman Is Still Buying Stocks Even Though "Hell Is Coming"

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Shortly after legendary fund manger Bill Ackman gave an emotional, half hour interview about the fate of the American economy on CNBC yesterday, stocks fell so hard and fast trading was halted.

If you listened to what he said, the market's response wasn't a mystery.

He said the crisis was so bad that "America will end as we know it" and "hell is coming."

Restaurants, hotels, and airlines will all go out of business, according to Ackman.

He says shares of Hilton Hotels (NYSE: HLT) will drop to $0 in the next 18 months if nothing is done.

But Ackman's doomsday predictions might've made him a lot of money yesterday.

It was all by design.

While everyone ran for the door, those who read between the lines followed his lead...

Wall Street

Why the E-Trade Merger Is a Bad Deal for Investors Like You

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We're always skeptical when Wall Street takes away your choices.

They are only doing it to make more money from you and that is exactly what we see happening with Morgan Stanley's (NYSE: MS) acquisition of E-Trade Financial Corp. (NASDAQ: ETFC).

As their new client, you will be part of a new revenue generation stream that goes beyond simple brokerage commissions.

Here's what to look out for to protect your money when Wall Street wants even more of it...

Wall Street

Passive Investing's Dirty Little Secret: It's All Good, Until It Isn't

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The secret momentum driver elevating market indexes to all-time highs, again and again, is none-other than the "passive investing" trend. It's going on unbeknownst to even the drivers of this momentum bus.

Investors who don't understand how big an impact money flowing into index funds has had on the market's performance probably have no idea what could happen if the trend stalls, or worse, reverses.

Here are the pitfalls of passive investing and how bad the fallout could be if passive investors discover the trap they've entered, turn active, and sell.

Read more...

Wall Street

How to Avoid Wall Street's Latest Attack on Your Wallet

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On the surface, it seems great that Wall Street is finally paying real attention to average investors.

For years, it was a poorly kept secret that big firms, like Goldman Sachs Group (NYSE: GS), focused their efforts on catering to the rich.

After all, a commission or advisory fee on a $100,000 portfolio is peanuts compared to that of a $100 million portfolio.

But now, Wall Street is starting to like those peanuts.

Here’s why investors should be skeptical of Wall Street’s generosity…

Trading Strategies

How to Invest (and Trade) Through a Christmas "Crash"

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The S&P500 has tacked on a remarkable 25.16% so far this year, yet many investors are acting as if the "other" shoe is going to drop just like it did last year right around this time.

Honestly, that's a fair concern.

The markets have been a one-way train higher since January 2019. The S&P 500, for example, has put in over 15 new record highs over the past 12 months.

The known risks – political instability, Chinese trade, regulatory changes, signs of a global slowdown – are all well understood. It's the unknown that'll get you every time.

Wall Street would have you believe that the most effective way to hedge against unknown market risk is to diversify your portfolio.

The theory is pretty elegant – or at least it's supposed to be.

Spread your money around, it says, and, in doing so, you'll reduce your risk, because "everything can't possibly go down at once."

Problem is… that's a load of self-serving hooey.

Today's markets are more correlated than they've ever been, thanks to a witches' brew of computerized trading, exchange-traded funds – ETF's for short – and leverage.

You've got to do something different if you want to get ahead...

Options

Why Listening to the Bears This Holiday Season Could Cost You

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Some Wall Street analysts make a career out of being bearish.

These "Chicken Littles" of the investment world are always worried about something.

Politics, economics, China trade, an aging bull market, the weather – you name it, they always have something bad to say.

But we're entering December, what could be the most profitable month of the year.

And there are options trading strategies you can use to take advantage of that.

Read more...

Trading Strategies

You're Being Deceived, and I'm Fed Up with It

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Enough is enough.

I've reached my tipping point on the insanity that's going on in the media. And on Wall Street. And on Madison Avenue, for that matter.

Those three groups are dedicated to treating the rest of the world like mushrooms – keeping us in the dark and feeding us manure.

I want to do exactly the opposite.

I'm making it my mission to shine a bright light on the messages that are being sold to us. Messages meant to misdirect you and me. To mislead us. Or to cover up what's really going on.

Take Thursday morning for example, when a key bit of global economic data came out. Something that could make or break your investments for the rest of the year…

Germany is the largest economy in Europe, and the fourth-largest in the world. It's an industrial powerhouse that for decades has been driven by exports – sending cars, machinery, chemicals, and pharmaceuticals all across the globe.

The country's export focus makes Germany a key bellwether for how consumers across the world are doing. Strong consumer spending tends to mean high demand for imports, which bodes well for Germany.

So when Germany's manufacturing industry shrunk for three quarters running this year, it put traders on high alert.

Not that you saw much about this on the news, of course.

No, they had more "interesting and political" things to talk about. Like who said what about Ukraine, as if that was going to change something.

It's just not.

But the fourth-largest economy in the world shedding factory jobs at the fastest rate in almost ten years — that can change everything. It's a key sign that the global economy might not be doing so well.

Yet both on TV and online, all you heard about was "impeachment" this and "Ukraine phone call" that.

Meanwhile, here's the news that really matters, and how you can profit from it…

Meanwhile, here's the news that really matters, and how you can profit from it...

Wall Street

How a Secret Group of Traders Are Getting Rich off Trump's Tweets

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Wall Street insiders, by the looks of things, have made a killing from Trump's tweets.

And that's unfortunately something the average investor can't do.

But we found a way to get even...