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Young People And Options

Let me spill out some information. Next-Generation Investors Are Different. An organization called "Finra" published this information. In a 2021 survey the Finra Investor Education Foundation found that 36% of respondents aged 18 t0 34 said they have traded options. That compares with 21% of respondents ages 35 to 54 and just 8% of respondents age 55 and older. Then there are crypto investors. According to something called a Pew Research survey based on Feb 2024 data, 42% of men aged 18-29 have invested in, traded, or used cryptocurrency compared with 17% of women in the same age range. Interestly, just 17% of all adults say they have invested in, traded, or used a cryptocurrency, according to the same 2024 survey. When it comes to buying on margin,in 2021, just under of a quarter, or 23%, of investors ages 18 to 34 said they have made purcheses on margin, compared with 12% of respondents aged 34 to 54 and 3% of respondents age 55 and older. Opening accounts is now easier and...

Deere and Company and a Bounce On Earnings

Deere bounced on Friday on earning reports. On Thursday the stock closed at $372.27 and the 370 Calls which expired the next day closed at $875.00 That's kind of rich, right? Now here is what happened.
Now the 370 Call option series.
Remember that the 370 Calls closed at $875.00 the previous day. Look at how they jumped to just over $22.00 on the opening bell. Over a double on your money. Profit takers then came in to drive the price down as this was expected news. Some traders play options like this. Others do spreads, where they will sell an "out-of-the money" Call and an "out-of-the-money" Put that expire in one day on Deere at the same time and hope they both expire worthless. More about that knd of trading at a later date.

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