Stock options to buy before holiday shopping season: Goldman Sachs - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Goldman Sachs pinpoints 17 stocks poised for big moves during the upcoming holiday shopping season — and breaks down the exact options strategies for 3 of them

"Over the past 10 years, these stocks have moved +/-11% in the two months between Thanksgiving and January expiration," said Goldman Sachs' Vishal Vivek.Next week's Thanksgiving holiday will usher in a historically volatile season during which stocks with exposure to consumer shopping trends are expected to experience large moves, Goldman Sachs analysts say.

The team recommends buying call options on eight stocks, puts on six stocks, and straddles on three stocks.It is almost that time of the year when Thanksgiving ushers in a holiday season filled with shopping and, apparently,in stocks with exposure to consumer shopping trends, according to a team of Goldman Sachs analysts led by Vishal Vivek.

But not all of them are going to be clear-cut winners. Vivek recommends buying call options on eight names where stock-specific fundamentals are likely to send shares higher and buying put options on six stocks where his team sees near-term risk. "Both companies have announced peak surcharges for the upcoming period, effective at above 25,000 and 35,000 packages per week, respectively. These surcharges are higher than prior levels; UPS last enacted peak season surcharges in 2018, at the rate of $0.28/package," Vivek wrote in a research note last week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Like here please

good luck

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines