Like it's 2021 all over again, meme stock trading has taken over Wall Street. While some have claimed there isAll Star Charts Chief Options Strategist Sean McLaughlin joins Yahoo Finance to discuss the recent return to the meme stock craze and how investors should consider getting involved.
Yeah, I mean, that's something we were sort of talking about earlier that it's not just the retail traders, it could potentially be hedge funds and others as well. This is not new news uh with the introduction of zero DTE options, of course, that brings a whole new level of interest and options and what tends to happen, especially in these meme stocks where you get a lot of retail interest and a lot of people chasing a hot money return when you get players using call options, for example, to express their bullish bets.
You know, maybe, maybe everyone's misinterpreting what's going on here and maybe he's got a new, uh, uh, company he's been researching and that's gonna be the, the, the focus going forward.Uh, and certainly a, a as traders, we enjoy volatility.So, hey, if it brings more volatility in the market, bring it on, let's play.
What ends up happening is the premiums in the options get so expensive that I mean, it becomes just such a hard gamble that you're paying so much premium that you really need an even bigger move from where you already are to see a realistic payoff.These are too expensive, I'm not buying here. Decisive Dividend is a small-cap, high-dividend stock that offers shareholders a yield of almost 7% in May 2024. The post This Under-$10 Dividend Stock Pays a 6.8% Yield appeared first on The Motley Fool Canada.Ted Baker, Brooks Brothers and Lucky Brand begin closing sales in Canada
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