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We have all seen stocks that cost far more than we'd like to spend.
There's an options trade for that.
Our best Robinhood options trade today allows you to control shares of high-priced stocks like Amazon.com Inc. (NASDAQ: AMZN) without even buying a single share.
We're going to show you how to execute the trade in just a moment.
With coronavirus cases, social unrest and geopolitical tensions all on the rise, the market looks uncertain going into the latter half of the year.
But as an options trader, you're always looking for opportunities, even in a time like this.
The only difference is that your strategy might change.
Right now, you're fighting volatility, but don't let that get you down.
Volatility is actually good for options trading, but it does also leave you open to more downside risk.
Workhorse Group Inc. (NASDAQ: WKHS) has gained 606% since we recommended it on Jan. 30.
We wrote about the stock when it traded for just $2.76, and it's gone as high as $19.50 now.
But there is always another penny stock set to pop around the corner.
Our top penny stock today could gain 264% on a recent catalyst.
One of the best benefits of trading options, even for beginners, is the ability to profit in both rising and falling markets.
With one small tweak, a winning strategy in a bullish trend easily converts to a winning strategy in a pullback.
But traders can easily be lulled to sleep following the markets trends.
Bearish traders made a killing March and April, but if they didn't switch strategies they lost out during the rally in May and June.
If the world's largest corporations don't take action soon, they risk dying out altogether.
It all has to do with one thing: innovation.
The Fortune 500 list was first published in 1955 by Fortune Magazine. Since then, 88% of the list's original companies no longer exist, having merged, gone bankrupt, or fallen from the ranks, according to the American Enterprise Institute.
The list has seen near constant turnover since its founding, with brick-and-mortar companies like Armstrong Rubber, Pacific Vegetable Oil, and Riegel Textile being replaced by tech-focused companies like Facebook, Microsoft, and eBay.
In fact, Forbes Magazine reports that only 50 years ago, the average Fortune 500 life expectancy for a company was 75 years. But today, it's only 15 years... and it's getting shorter.
This tells us a few things:
- The public markets change quickly, and they're insanely competitive. Both of these characteristics contribute to high corporate turnover rates.
- Even if a company is pulling in major revenue today, there's no guarantee that it'll do the same tomorrow as industries keep changing.
- A company's progress and revenue go hand in hand with innovation. If a company isn't willing to develop new, outside-the-box ideas, it won't be able to keep up.
Jet travel is as fast as it's ever been, thanks to new materials like carbon fiber, and ultra-efficient turbofan engines, like General Electric's GE9X and Rolls-Royce's Trent XWB.
Still... a trip from my home in California's Bay Area to, say, Sydney is a grueling, boring 15-plus hours. New York to London clocks in at more than seven hours, and the busy New York to Los Angeles route takes nearly five-and-a-half hours.
But what if you could take off from San Francisco and land in Sydney in a little over three hours? Or make the trip from JFK to London Heathrow in 90 minutes? How about a 230-mile hop between Washington, D.C., and New York that takes just four minutes?
Those incredible travel times are very, very possible traveling at Mach 5 - five times the speed of sound, or around 3,836 miles per hour.
It's become what's known as "hypersonic" speed, and before much longer, it's going to make those mighty GE9Xs and Trent XWBs look like steam engines.
The technology to take us hypersonic isn't coming tomorrow, or "just around the corner" - it's here now. Today.
It's not available to commuters or vacationers - yet - but it's the top priority of American, Chinese, and Russian defense firms.
There are two narratives bulls and bears are pushing in financial markets today.
The bears are concerned about the growing number of coronavirus cases, tens of millions of unemployed Americans, and the economy staying shut down for some time to come.
But the bulls think you shouldn't "fight the Fed."
They expect trillions more dollars to be pumped into the economy to boost bond prices, keep interest rates low, and the value of stocks higher.
Though the stock market is seeing some good fortune, Chris Johnson says major market signals in the financials sector are reading for disaster.
That's why he's recommending this bearish options play - to help you profit on the downside of the banking industry.
The stock market just notched its best quarter since 1987 and it has plenty of room to run higher in July.
Stocks have continued to gain despite a spike in coronavirus cases across the United States, a sign this rally is here to stay.
And you can turn this trend into cash by finding the right penny stocks to buy.
That's why we've done the research on the penny stocks with the best chance to break out higher in July.
The Dow Jones now could slip today as the U.S. hit 2.63 million coronavirus cases.
Wall Street had its best quarter in decades after a sharp rebound from the COVID-19 market crash in March.
Investors must now face a slate of potential threats in a resurgence of coronavirus cases, ongoing geopolitical worries out of China, and the upcoming election.