Mark Hake

3 days ago | barchart.com | Mark Hake

Today, unusual volume in Meta Platforms Inc. (META) options highlights the underlying value of META stock. The company's strong free cash flow could lead to a higher stock price, at least one-third higher at $910 per share. This article will show why. META is at $680.52 in midday trading on Wednesday, June 4. That is still below its February highs, but today's action in its call options shows that investors believe it could be worth more.

4 days ago | barchart.com | Mark Hake

Carnival Corp (CCL) stock has risen over the last month since bottoming out in mid-April. Investors who short out-of-the-money (OTM) puts expiring in one month can make 3.0%+ yields at strike prices 5% lower than today's price. CCL is at $23.97 in midday trading on Tuesday, June 3. This is up from April lows but still off its near-term peak of $28.49 on Jan. 30. It could be worth over $28 per share, as I will show in this article. My previous price target was $25.52 using a free cash flow analysis.

5 days ago | barchart.com | Mark Hake

Amazon.com Inc. (AMZN) generated positive free cash flow at a lower margin last quarter. However, analysts project higher sales, which could push its value higher. AMZN stock has been rising, so investors might be looking for a dip to buy in. One way to set a price target is to sell short out-of-the-money (OTM) put options in nearby expiry periods. That way, an investor can get paid while waiting for as lower buy-in price. This article will show how to do this.

6 days ago | barchart.com | Mark Hake

GameStop (GME) announced this week that it purchased 4,710 Bitcoin, now worth $492 million. With the recent rise in GME stock, allowing the conversion of its convertibles into equity, GME stock looks undervalued. Moreover, shorting out-of-the-money (OTM) puts look attractive here for value investors. GME closed at $29.80 on Friday, May 30, up +7% in the last month after peaking at $35.01 on May 27.

1 week ago | barchart.com | Mark Hake

Nvidia Inc. (NVDA) reported strong revenue, free cash flow (FCF), and FCF margins for its fiscal Q1 ended April 27, 2025. This implies a much higher valuation for NVDA stock, over $191 per share. Short put plays are also attractive here, and they have high yields. NVDA is off today at $134.18 in midday trading. This provides a good buy opportunity for value investors, as this article will show. I previewed Nvidia's FCF and FCF margins and a valuation (price target) in my May 25 Barchart article.