Today is day two of Amazon's annual 48-hour Prime Day.
This Amazon-exclusive, summertime-version of Black Friday typically results in massive, record-breaking sales numbers for the ecommerce giant as customers hit "add-to-cart" on almost every discounted item you can think of.
This afternoon, I went live to tell you everything you need to know about quadruple-witching day. We covered why this day is so important… The effect it has on the market… And talked about how to trade this rare event.... Click here to read more
Last weekend, more than two million people were screened at U.S. airports – the highest number since before the COVID-19 pandemic. The return to normal isn’t just a pipe dream anymore. Every day, we’re seeing evidence that it’s the reality.... Click here to read more
Tomorrow, June options on the VIX will settle. That’s right – unlike traditional options, VIX options settle mid-week instead of Friday. They can also only be exercised upon expiration and are settled in cash, since you can’t own direct shares... Click here to read more
Mark’s Watchlist Senseonics Holdings Inc. (NYSEAMERICAN:SENS) This meme stock has a story. Reddit traders aren’t pushing shares of the medical tech company up for no reason. No, SENS announced positive results regarding the efficacy of its glucose monitoring system –... Click here to read more
New Trade Recommendation Every week, I answer questions straight from Profit Takeover readers. We cover anything and everything – how to place a trade, how to find implied volatility, how to read the VIX – I could go on. I... Click here to read more
Update: The Rise of Retail A few weeks ago, we talked about the fall of FAANG. While the S&P and the Dow were rising, the tech-heavy Nasdaq was falling behind – dragged down by the megacaps that are Facebook, Apple,... Click here to read more
Three Rules of Selling Covered Calls A few weeks ago, I introduced you to an options strategy called covered calls. It all started when Richard submitted an Ask Me Anything question, wondering what trading strategy he could use if he... Click here to read more