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Trading Ideas

Selling Covered Calls: An Options Trading Strategy

Selling covered calls is an options trading strategy that helps you to earn passive income using call options. This options strategy works by selling call options against shares of a stock that you buy beforehand or already own.
This strategy is called “covered” because you already own the stock at the outset – you don’t need to purchase the shares on the open market at the expiration date at a price you may not like.
In addition to helping you earn passive income, this strategy can also help protect you against downside risk. Therefore, it can serve several purposes at once.
In this …read more […]

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Trading Ideas

Jack Ma's Blunt Words Just Cost Him $35 Billion

(Bloomberg Opinion) — Jack Ma is a very busy man. China’s richest man has been busy launching the world’s biggest IPO. He has been busy preparing for Alibaba Group Holding Ltd.’s grandest four-day Double Eleven shopping extravaganza. And yet two weeks ago, Ma somehow found the time to opine on China’s banking system at a high-profile financial forum in Shanghai, once again throwing himself into the eye of the storm. In that speech, apart from labeling the global banking Basel Accords as an “old people’s club,” Ma said “systemic risk” is not the issue in China. Rather, China’s biggest risk …read more […]

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Trading Ideas

Jack Ma's Blunt Words Just Cost Him $35 Billion

(Bloomberg Opinion) — Jack Ma is a very busy man. China’s richest man has been busy launching the world’s biggest IPO. He has been busy preparing for Alibaba Group Holding Ltd.’s grandest four-day Double Eleven shopping extravaganza. And yet two weeks ago, Ma somehow found the time to opine on China’s banking system at a high-profile financial forum in Shanghai, once again throwing himself into the eye of the storm. In that speech, apart from labeling the global banking Basel Accords as an “old people’s club,” Ma said “systemic risk” is not the issue in China. Rather, China’s biggest risk …read more […]

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Trading Ideas

Banks Pile Up Fines Under Trump, Casting Light on Misconduct

(Bloomberg) — Giant banks have racked up more than $4 billion in U.S. penalties in a wave of settlements weeks before the presidential election. That says a lot about an industry that once vowed to behave after the 2008 financial crisis — and about the regulatory risks it sees ahead.Goldman Sachs Group Inc. recently incurred a record punishment for foreign bribery under a roughly $3 billion package of accords for its role in Malaysia’s plundered 1MDB investment fund. JPMorgan Chase & Co. resolved a market-manipulation probe for more than $920 million. Citigroup Inc. was fined $400 million for failing to …read more […]

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Trading Ideas

Following Ant Group’s Suspended IPO, Is Alibaba Still a Buy?

Thursday was set up to be a big day for Alibaba (BABA). The Chinese e-commerce giant is readying to present F2Q21 results, with favorable macro trends pointing to another display of strength. On the same day, Ant Financial – Alibaba’s sister company in which it claims 33% direct equity ownership – was supposed to list on the Shanghai Stock Exchange. At $37 billion, equating to a $310 billion valuation, the listing is set to be the largest IPO on record.But it appears the latter is now on hold. On Tuesday, the exchange disqualified Ant Group’s listing, citing a “changing regulatory …read more […]

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Trading Ideas

Can You Make Money Swing Trading Stocks?

Swing trading stocks is a distinct way of exploiting swings in a stock’s price. The goal of this strategy is to capture short- or medium-terms profits. This usually takes place over a couple of days or a few weeks.
The timeline alone makes it distinct from day trading or long-term buy and hold strategies. Day traders are prone to getting in and out of positions in a single day. This comes with its own set of rules and regulations. And naturally, there are all sorts of day trading trategies they employ.
On the other end of the spectrum are long-term investors. These …read more […]