The Market In 5 Minutes 5/24/2017

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It may be disappointing, but the “Red Dead Redemption 2” delay is nothing unusual in the video game industry, especially for Take-Two (TTWO)’s Rockstar Games: The new partnership between Alphabet Inc (GOOG) (GOOGL)’s Waymo autonomous vehicle technology unit and ride-hailing company Lyft may have given birth to a legitimate Tesla Inc (TSLA) competitor: Following Rep. […]

Todd Gordon’s Tesla Hedge

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Todd Gordon spoke on CNBC’s “Trading Nation” about Tesla Inc TSLA. He has a long position in the name and he’s concerned it could trade lower. Gordon wants to hedge his long-term position by purchasing the June 2, 305/295 put spread for $3.05. The trade breaks even at $301.95 or 2.71 percent below the current […]

Scott Bauer’s Momo Options Trade

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Scott Bauer of Trading Advantage suggested on Bloomberg Markets a bullish options strategy in Momo Inc (ADR) MOMO. The company is going to report earnings on Tuesday and the options market is anticipating a $5 move in either direction. Bauer thinks that the stock is going higher and he wants to buy the May 46/49 […]