SPEC MODEL TRADE ALERT — ZM

July 14, 2022 at 10:18 am by Zach Scheidt

Buying ZM put contracts.

Zoom Communications (ZM) moved higher during the bear market rally but is now rolling over.

The company is facing stiff competitions from more entrenched tech players and still trades with a premium multiple (even after its fall from grace).

I expect shares to test and possibly break the May lows, giving us a chance to profit from a new bearish position.

The trade also helps to add balance to our overall Spec Model Portfolio which has been situated to take advantage of a bear market rally.

Buy (to open) 6 ZM August 19th $110 Puts
Limit $17 or less
The new position will represent roughly 10.7% of our Spec Model capital
~~~~~~~
10:26 Executed
Bot 6 ZM Aug 19th $110 Puts @ $16.48

The global banking crisis has caused fear to ripple through the stock market. Here’s how to turn that fear into investment income.

Roku streamed an estimated 87 billion hours of content last year. But the company is still losing money. Here’s why I’m bearish.

The Silicon Valley Bank meltdown has triggered extreme challenges for investors. Here’s one way to protect your wealth.

Timing ODTE options can be extremely difficult (and risky). Here’s a better way to use options for aggressive trades.

ODTE (or Zero Days Till Expiration) options are becoming popular with traders. But I prefer different contracts for my aggressive trades.

A tale of two shoppers… Inflation is challenging budgets for many families, while affluent shoppers continue to spend

Now that the pandemic has eased, patients are electing to have surgery. Here are two stocks set to profit.

Today’s Fed announcement could be an important turning point for the market. After a January stock market rally, Powell has some work to do!

The bitcoin rebound is picking up momentum. Here are some ideas to help you grow and protect your family’s wealth.

Bear market rallies can be frustrating for BOTH bullish and bearish traders. Here are some catalysts behind these powerful market moves.

Gold is surging higher to kick off the new year. Here are three ways to invest in gold and gold stocks to profit from the trend.

2023 is setting up to be a choppy and uncertain year for investors. But one income strategy is perfect for this type of market!

Consumers seemed to love the “buy now, pay later” (BNPL) option for much of last year. But now, interest payments are causing problems!

I’m in Las Vegas for the Consumer Electronics Show. While tech stocks are exciting, the Fed has picked a fight with many of these plays.