Here's Goldman's winning options strategy heading into earnings season

Goldman Sachs is looking at using stock options as a way to play the forthcoming earnings season. In a note last week, the firm recommended buying at-the-money straddles, which involve purchasing both a put and a call option. This allows a trader to profit when an underlying security moves either away or toward the contract's strike price.

mountain Shares of Netflix have been higher from the start of the year, although shares remain vulnerable to volatility. The company has been pursuing efforts to cut costs through slimming its content roll and dialing back its workforce as well as cracking down on password sharing. Coffee chain giant Starbucks has also edged higher from the start of 2023, gaining roughly 7% after falling 15% last year.

Boundaries Taylor

Yeah, Goldman giving winning option strategies to the common folks. Really.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman Sachs, Morgan Stanley, BNY Mellon and State Street top Jefferies list for Q1 bank earningsFour big banks offer less risk around net interest income and credit, Jefferies says as it awaits first-quarter earnings results.
Source: MarketWatch - 🏆 3. / 97 Read more »

Wall Street banks to reveal weak quarterly earnings, bleak outlook for 2023Earnings per share of the six largest US banks including JPMorgan Chase, Morgan Stanley, and Goldman Sachs are expected to decline by around 10% from the previous year.
Source: nypost - 🏆 91. / 67 Read more »

Here are Goldman's 4 things to watch for as gloomiest earnings season since pandemic beginsInflation is squeezing corporate profit margins. Analysts cut their outlook pretty aggressively as the economic outlook deteriorated during the first quarter. Here are some strategies for protecting your portfolio, according to Goldman Sachs analysts. I like I like ! Buying opportunities to present themselves after blood on the streets !
Source: MarketWatch - 🏆 3. / 97 Read more »