Stocks were on fire today as the tech-heavy Nasdaq jumped 1.7% from Friday’s closing price with shares of Apple leading all others up into record territory! The Wall Street Journal reported that top manufacturers have been contacted by Apple about increasing production, which may lead to more good news in store for investors over coming weeks and months.
Apple CEO Tim Cook recently warned of a potential revenues drop in the second quarter due to COVID-19 lockdowns. The news helped spike stocks, with buyers pouring into options chains Monday afternoon and pushing shares up 4%.
I know you’re always on the lookout for a good trade, so let me give you this one. A trader with 1,800 contracts of June 17 expirations is currently sweeping up options at around $270K-$280k per contract!
Mondays are always a busy day in the markets, but it doesn’t hurt to have some extra help with your trading. I’ve got six more trades ready for you inside!
Check out the article and video to find out more about these top trades and a quick and easy way to get the best options trades for today.