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1 week ago | 
bostonginco.com | Mark R. Hake
One way to play UBER Technologies (UBER) stock, to set a lower buy-in target and still get paid a 2% yield over the next month, is to sell short 5% out-of-the-money (OTM) puts. This article will show how to do this. UBER is at $83.92 in midday trading on Friday, June 20, which is off its recent highs.
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1 week ago | 
glendenninggrainandsoil.com | Mark R. Hake
GameStop Stock Is a Sum-of-the-Parts Bargain - Cash and Bitcoin is Close to GME's Price Barchart 5 minutes ago GameStop Corp (GME) stock is a bargain. It has $9.066 billion in cash after its recent 0% $2.68 billion convertible note offering, which closes on Tuesday, or $20.27 p/sh, plus $492.4 million in Bitcoin ($1.10), or $21.37 per share. That means the stores, which are now profitable, are almost available for free.
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2 weeks ago | 
glendenninggrainandsoil.com | Mark R. Hake
Block Inc. (XYZ) stock shows unusual out-of-the-money (OTM) put option volume today. That is a bullish sign as institutional investors are willing to buy shares at the lower strike price. Given Block's strong free cash flow (FCF), XYZ stock looks undervalued here. XYZ is at $64.91 today, well off its mid-January peak prices in the low $90s. Since then, Block, Inc., the parent of Square, Afterpay, and Cash App, reported strong free cash flow (FCF).
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3 weeks ago | 
bostonginco.com | Mark R. Hake
GameStop Corp. (GME) will release Q1 earnings after the market closes on Tuesday, June 10. Its recent purchase of Bitcoin, which may continue, could push earnings per share (EPS) higher than analysts' expectations. GME stock is cheap here. GME closed at $29.58 on Friday, June 6.
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3 weeks ago | 
glendenninggrainandsoil.com | Mark R. Hake
Heavy Unusual Option Volume in META Shows That It is Worth More Barchart 7 minutes ago 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.
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3 weeks ago | 
glendenninggrainandsoil.com | Mark R. 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.
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3 weeks ago | 
bostonginco.com | Mark R. 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.
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3 weeks ago | 
glendenninggrainandsoil.com | Mark R. 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.
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1 month ago | 
glendenninggrainandsoil.com | Mark R. Hake
Today, heavy, unusual trading volume in long-dated Paramount Class B (PARA) call options highlights investors' bullish views on PARA stock. Investors are anticipating the merger with Skydance will close on or before Oct. 4, which should boost its FCF growth. PARA is at $12.00 in midday trading on Wednesday, May 21. The stock is well off its lows in April and starting to approach its 6-month highs, as can be seen in the Barchart chart below.
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1 month ago | 
glendenninggrainandsoil.com | Mark R. Hake
Nvidia Inc. (NVDA) stock has been volatile, but investors can still earn over 1% yields shorting out-of-the-money (OTM) put options. This makes them attractive to investors ahead of earnings, which will be released next Wednesday, May 28, after the market close. For example, NVDA puts have a yield of 1.39% for exercise prices expiring in 2 weeks at 10% below today's price,. So, even if NVDA falls over 11% next week after earnings are released, investors can break even.
