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Co-Wise: Do you trade the news? Why, or why not?
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Grow more than 1000% by trading the news!

Welcome back Mooers.

In today discussion, we will talk about trading the news.

Many of us would have heard news about Mr. Trump own social media TMTG, which came with a mission, that is to give a voice to all. The price of $Trump-Related Stocks(N/A) (LIST2592.US)$ stocks such as $Digital World Acquisition Corp (DWAC.US)$ and $Phunware (PHUN.US)$ “went to the moon” when the news came out. At one point, $Phunware (PHUN.US)$ made a heroic rise of 1099.35%!

Beside the Oct 2021 of 1099.35% rise, there is also another piece of news that make $Phunware (PHUN.US)$ rise more than 1000%, to be exact, 1988% meteroic rise. That piece of news is about $Phunware (PHUN.US)$ developing a unique block-chain-based security token known as PhunCoin in January 2019, and forming a blockchain partnership with $IBM Corp (IBM.US)$.
Please vote which strike price for the $Apple (AAPL.US)$ stock options you are trading at.
For beginners, straddles is an options strategy which an investor holding position in both a call option and put option. Both have the same expiry date, same underlying stock and same strike price.

That's all for today, and thank you for your support and likes.

This is the 11th article for my MooMoo goal in 2022.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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