Micron is overbought. Using options to hedge against a reversal lower, while keeping upside exposure

Micron is overbought. Using options to hedge against a reversal lower, while keeping upside exposure

Most options expire worthless, and short-dated options typically decay more rapidly, particularly relative to their own “extrinsic value” than longer-dated options strategies do. Consequently, options traders tend to focus on selling short-dated options a strategy that looks attractive because the decay (theta) is visible every day. The problem is that most of that theta is…

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Top Street analysts confident on long-term prospects of these 3 stocks

Top Street analysts confident on long-term prospects of these 3 stocks

Escalating geopolitical tensions in the Middle East and elevated oil prices continue to weigh on global stock markets. Investors aiming to invest in stocks for the long term, despite the ongoing volatility, can consider the recommendations of top Wall Street analysts. These experts assess macroeconomic factors and sector and company-specific drivers before assigning their ratings….

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