One Options Strategy Amid Volatility

The House passed the historic stimulus bill later in the day

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MARKET RECAP     3/27/2020
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Dow Falls Despite Stimulus Package Agreement By Jake Scott Share On The Dow ended another volatile week with a loss today, falling sharply as the U.S. became the country with the most reported coronavirus cases worldwide. The blue-chip index plunged over 1,000 points at its session lows, with Boeing (BA) the leading laggard. Later in the day, the U.S. House of Representatives passed the $2 trillion stimulus package relief bill to cushion the economic impact caused by COVID-19, but it was not enough to get stocks moving higher. Despite today's drop, all three benchmarks wrapped up weekly wins of 9% or more. Continue reading for more on today's market, including: Option traders went big on this chipmaker's stock today. This options strategy is perfect for the volatile climate.  Plus, Weight Watchers upgraded; auto stock tries to combat coronavirus; and Cheesecake Factory can't pay rent.  >> Continue reading...
LATEST HEADLINES
>> Stocks Eye Notable Weekly Gains on 3-Day Surge Stocks are eyeing big weekly gains >> Option Traders Bet Big on Semiconductor Stock ON Semiconductor stock is getting dragged down with the broader market today >> The Options Strategy Perfect for Volatile Markets Straddle trades are a viable option even when markets aren't as volatile >> U.S. Stocks Extend Losses Midday Stocks are expanding their losses today as attention shifts back to the pandemic >> WW Stock Brushes Off Bull Note Morgan Stanley upgraded the Weight Watchers parent to "overweight" from "equal weight" Sponsored Revealed! 44 Year Stock Market Veteran's 5-Part Formula Simple formula reveals how to make every trade a safe one. Click here to see this formula now...
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