How to trade DJT like a Pro
Trump Media’s stock $Trump Media & Technology (DJT.US)$ has recently jumped due to rising excitement around Trump’s 2024 campaign. Many investors see this as a chance to benefit from his increased media exposure, especially as he frequently appears on conservative outlets. For those betting on big price moves, a bull straddle might be a good approach. This strategy involves buying options that let you profit if the stock goes up or down significantly, which could happen with the current political buzz.
A bull straddle is an options trading strategy used when you expect a stock’s price to make a significant move but aren’t sure in which direction. To create a bull straddle, you buy both a call option and a put option for the same stock, with the same strike price and expiration date. This setup allows you to profit whether the stock goes up or down significantly. If the price rises, the call option becomes profitable, while if it falls, the put option gains value. The goal is to benefit from volatility.
Several stocks tend to see movement during a Trump election cycle, particularly those connected to industries he supports or companies with ties to his policies and political agenda. Some notable ones include:
1. Gun Manufacturers - Stocks like Smith & Wesson and Sturm, Ruger & Co. often see volatility tied to political shifts.
1. Gun Manufacturers - Stocks like Smith & Wesson and Sturm, Ruger & Co. often see volatility tied to political shifts.
2. Energy Sector Stocks - Companies in oil, gas, and coal, such as $Exxon Mobil (XOM.US)$ Energy, may react to Trump’s pro-energy stance.
3. Defense Contractors - Firms like $Lockheed Martin (LMT.US)$ might respond to his defense policies.
and not forgetting $Tesla (TSLA.US)$ and Elon Musk.
These stocks could experience increased trading activity and volatility depending on election developments and Trump’s policy positions.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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