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Back in late September, I laid out a bearish thesis on Apple and the trade expired last Friday and resulted in a 100% gain. Apple (AAPL) continues to face significant headwinds, with disappointing iPhone 16 sales, growing competition in augmented reality, and underwhelming progress in artificial intelligence (AI). China's slowing economy has weighed heavily on Apple, exacerbating challenges in one of its largest markets. While Apple boasts industry-leading net margins of 24%, its expected EPS growth of 11.6% and revenue growth of 6.9% provide limited justification for this valuation premium. With iPhone sales growth faltering and the lack of a clear catalyst from AI or AR/VR initiatives, AAPL's premium valuation remains increasingly difficult to sustain.
Persons: AAPL Organizations: Apple, Apple Intelligence, Meta, Microsoft, CNBC, NBC UNIVERSAL Locations: OptionsPlay
As we approach the expiration of our Meta Platforms (META) trade from early October we have successfully captured 78% of the total maximum gain. On the fundamentals, META stands out as a leader in profitability and growth compared to its industry peers. And with analysts expecting EPS growth of 23% and revenue growth at 16%, META outpaces the industry averages by a significant margin. Additionally, META trades at 23x forward earnings, which is a 15% discount relative to its peers, presenting a substantial upside potential. The breakeven point is $571.77, meaning the trade remains profitable as long as Meta stays above this level.
Persons: AAPL Organizations: Apple, CNBC, NBC UNIVERSAL Locations: OptionsPlay
LULU has demonstrated resilience, driven by strong financial controls, international expansion, and continued product innovation. With strong growth, LULU has positioned itself as a market leader, capturing increasing market share in North America while expanding into high-growth areas like APAC and EMEA. LULU has shed over 50% of its value earlier this year and just recently completed a bottoming formation below $270. THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: Lululemon Athletica, LULU Organizations: CNBC, NBC UNIVERSAL Locations: North America, OptionsPlay
As industries increasingly rely on real-time AI models, AKAM's infrastructure offers both speed and security by processing data closer to users. Combined with the company's attractive valuation, it offers substantial upside potential, with the chart showing growing investor interest in its AI-driven opportunities. Trading at only 15 times forward earnings, it's a significant discount relative to its industry average of nearly 28. AI models distributed on AKAM's extensive edge computing network provide significant upside potential, especially as demand for low-latency AI solutions increases across various industries. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Organizations: CNBC, NBC UNIVERSAL Locations: OptionsPlay
With a surprisingly strong labor market, consumer spending has remained resilient and e-commerce stocks like Shopify (SHOP) present attractive opportunities. This price action indicates strength and suggests that the stock has found a strong base from which it can continue higher. With the stock now trading above its breakout level and positive momentum continuing to build, the chart supports further upside. The trade: To express a bullish outlook on Shopify, I'm suggesting selling the Nov 22, $82/74 Put Vertical @ $3.10 Credit. This structure entails: Selling the Nov 22 $82 Put @ $5.85 Buying the Nov 22 $74 Put @ $2.75 View this link in OptionsPlay with updated pricing.
Persons: Shopify, Shopify's Organizations: Forward, CNBC, NBC UNIVERSAL
The strategic focus Meta has placed on monetizing these AI tools across its platforms — including Facebook, Instagram, and WhatsApp — gives it a unique competitive advantage. This commitment to revenue generation from AI sets it apart from other firms still exploring AI potential without clear paths to monetization. If we review the chart for Meta, it has shown strong performance, recently breaking above a key resistance level at $545. Meanwhile, the company boasts robust growth projections with an expected future EPS growth of 22% (industry average of 16%) and a revenue growth rate of 15% (industry average of 11%). With these growth and profitability metrics, Meta appears undervalued, offering a compelling risk/reward profile for long-term investors looking to benefit from its AI-driven revenue potential.
Persons: WhatsApp, Meta Organizations: Facebook, Meta, CNBC, NBC UNIVERSAL
Apple Inc. (AAPL) is facing headwinds despite the launch of the new iPhone 16, which offered only incremental improvements over the prior generation. Investors eagerly awaited the company's Apple Intelligence software update, but its absence as a significant growth driver is tempering investor enthusiasm. To capitalize on the potential downside, I suggest selling the Nov 15 $230/$245 Call Vertical. This entails: Sell the Nov 15, 2024 $230 Calls @ $7.73 Buy the Nov 15, 2024 $245 Calls @ $2.41 View this trade in OptionsPlay for updated pricing. This trade provides a high probability of profit trade for investors who believe AAPL will remain range-bound or face further downside, particularly given the slowing growth.
Persons: AAPL's, AAPL Organizations: Apple Inc, Apple Intelligence, Apple, CNBC, NBC UNIVERSAL Locations: OptionsPlay
How to play the Fed decision using options on gold
  + stars: | 2024-09-18 | by ( Tony Zhang | ) www.cnbc.com   time to read: +3 min
Gold is trading at all-time highs due to a combination of inflation concerns, geopolitical risks, and expectations around monetary policy. Historically, gold tends to benefit from dovish monetary policies, especially when they signal prolonged low interest rates, which reduce the opportunity cost of holding non-yielding assets like gold. Gold has maintained its bullish momentum, trading near $2,600, and appears to be breaking into new all-time highs. Looking at the chart, gold has consistently made higher highs and higher lows, a sign of strong upward momentum. The trade To express a bullish to neutral view on gold going into the Fed announcement, consider selling a SPDR Gold Shares (GLD) Nov 1 $237.5/232.5 Put Vertical @ $2.02 Credit.
Persons: GLD Organizations: CNBC, NBC UNIVERSAL Locations: Central
Market Navigator: Options for Google
  + stars: | 2024-08-12 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket Navigator: Options for GoogleTony Zhang, OptionsPlay chief strategist, joins 'Power Lunch' to discuss the re-rating of Google.
Persons: Tony Zhang Organizations: Google
Technical Support: BAC, AXP & KO
  + stars: | 2024-02-27 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTechnical Support: BAC, AXP & KOJessica Inskip, OptionsPlay director of product, joins 'Power Lunch' to discuss the technical support for Bank of America, American Express and Coca-Cola.
Persons: Jessica Inskip Organizations: AXP, Bank of America, American Express
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia is clearly in a bullish trading cycle, says OptionPlay's Jessica InskipJessica Inskip, OptionsPlay director of education and product, joins 'Squawk Box' to discuss the latest market trends, Nvidia's stock market bull run, the tech sector at large, and more.
Persons: Jessica Inskip Jessica Inskip Organizations: Nvidia
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOptionsPlay's Jessica Inskip says she isn't bullish on GM until it breaks consolidationJessica Inskip, OptionsPlay director of product, joins 'Power Lunch' to discuss the technical support for GM, AMD and META.
Persons: Jessica Inskip Organizations: GM, AMD
Technical Support: Microsoft, Alphabet, Meta, AT&T
  + stars: | 2023-10-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTechnical Support: Microsoft, Alphabet, Meta, AT&TJessica Inskip, OptionsPlay director of product, joins 'Power Lunch' to discuss the technical support in tech.
Persons: Jessica Inskip
Tracking the technicals for the most expensive stocks
  + stars: | 2023-09-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTracking the technicals for the most expensive stocksJessica Inskip, OptionsPlay director of product, joins 'Power Lunch' to discuss the technical support for the most expensive stocks.
Persons: Jessica Inskip
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBuy the dip on Apple, its management has proven to be resilient, says OptionsPlay's Jessica InskipOptionsPlay's Jessica Inskip joins 'Closing Bell' to discuss what levels investors should be watching in the S&P 500, expansion from productivity an AI post-September, and why investors should buy the dip on Apple.
Persons: Jessica Inskip
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're making higher lows, which is still good progression: OptionsPlay's Jessica InskipOptionsPlay's Jessica Inskip joins 'Closing Bell' to discuss the trends she's seeing in the markets.
Persons: Jessica Inskip
OptionsPlay's Jessica Inskip and Jim Cramer read the charts for signs of another breakoutOptionsPlay's Jessica Inskip joins 'Mad Money' host Jim Cramer to give her read on the technicals in the market.
Persons: Jessica Inskip, Jim Cramer
OptionsPlay's Jessica Inskip breaks down Meme ETF charts
  + stars: | 2023-07-24 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOptionsPlay's Jessica Inskip breaks down Meme ETF chartsJessica Inskip, OptionsPlay, joins 'Power Lunch' to discuss what she's seeing in the charts for meme stocks.
Persons: Jessica Inskip
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOptionsPlay's Jessica Inskip: Despite market positivity there may be turbulence from the Fed aheadJessica Inskip, OptionsPlay director of product, joins 'Closing Bell' to discuss the trading day.
Persons: Jessica Inskip
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed doesn't have ability to scare markets lower, says Ritholtz's Josh BrownJosh Brown, Ritholtz Wealth Management co-founder and CEO, and Jessica Inskip, OptionsPlay's director of education and product, join 'Closing Bell' to discuss the Fed's latest remarks including Powell doubling down on the likelihood of future rate hikes.
Persons: Ritholtz's Josh Brown Josh Brown, Jessica Inskip, Powell Organizations: Ritholtz Wealth Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Ritholtz's Josh Brown and OptionsPlay's Jessica InskipJosh Brown, Ritholtz Wealth Management co-founder and CEO, and Jessica Inskip, OptionsPlay's director of education and product, join 'Closing Bell' to discuss the Fed's latest remarks including Powell doubling down on the likelihood of future rate hikes.
Persons: Ritholtz's Josh Brown, Jessica Inskip Josh Brown, Jessica Inskip, Powell Organizations: Ritholtz Wealth Management
The S&P 500 breaking its August high triggered a rare bullish signal, says Jim Cramer'Mad Money' host Jim Cramer goes Off the Charts with the S&P 500 and takes a look at the work of Jessica Inskip, OptionsPlay director.
Persons: Jim Cramer, Jessica Inskip
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNasdaq stocks can gain momentum from better-than-expected earnings, says Jessica InskipJessica Inskip, OptionsPlay director of product, joins 'Closing Bell' to discuss the technical read from the charts.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon's trading cycle lacks momentum and is near-term bearish, says Options Play's Jessica InskipJessica Inskip, OptionsPlay director of product, joins 'The Exchange' to discuss technicals for Microsoft and Amazon, the bearish and bullish cases for tech names, and absolute versus relative charts.
OptionsPlay's Jessica Inskip previews what's next for the market
  + stars: | 2023-04-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOptionsPlay's Jessica Inskip previews what's next for the marketJessica Inskip, OptionsPlay director of product, joins 'Closing Bell' to discuss what's next for the market after the latest sell-off.
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