5 best options this week • Benzinga

Looking for the best options this week? The government and the Federal Reserve have created great volatility for options traders. Whether you want to play the meteoric rise of the NASDAQ or the buzz redirected to recovery stocks, you might want to look into options trading strategies. As with any trading strategy, the most important aspect is to match the trade to your personality. If you don’t have the guts to resist a results announcement, you don’t have to.

Here are the best options this week for each trading plan.

A look at the best options this week:

• Platoon
• NextEra Energy
• Baidu
• Zoom
• progressive

1. Platoon (NASDAQ: PTON)

Peloton (NASDAQ: PTON) manufactures interactive fitness equipment sold in North America and internationally. It offers interactive, on-demand and live-streamed touch screens such as the Peloton Tread, Peloton Bike and digital apps for virtual exercise classes. Peloton currently has 2.9 million subscribed users and continues to count.

The stock has a market cap of $3.1 billion. Peloton’s 52-week low is $8.73 and its 52-week high is $127.57. Its high levels of liquidity trade an average of 12,671,135 shares per day and 2021 revenue reached $4.02 billion.

2. NextEra Energy (NYSE:NEE)

Based in Juno Beach, Florida, NextEra Energy Inc. is a leading clean energy company. It owns and operates 2 companies – Florida Power & Light Company and NextEra Energy Resources. Florida Power & Light Company is the largest rate-regulated electric utility in the United States, serving more than 5.7 million customers.

The energy stock has a market cap of $158.162 billion and a 2021 EPS of $0.84. It has a 52-week low of $67.22 and a 52-week high of $93.73. NextEra Energy has an annual dividend yield of $1.62 per share. It has high liquidity and trades over 10.4 million shares per day. NextEra Energy generated $17.1 billion in revenue in 2021.

3. Baidu (NYSE:BIDU)

Baidu is a world leader in providing Internet search services. It operates through 2 segments – Baidu Core and iQIYI. It offers a range of products including Baidu App, Baidu Feed, Haokan, and Quanmin.

The internet services stock has a market capitalization of $49.1 billion. It has a 52-week low of $101.62 and a 52-week high of $187.48. Baidu has high liquidity and trades over 9.3 million shares per day. It generated $107 billion in revenue in 2019.

4. Zoom (NYSE: ZM)

Based in San Jose, California, Zoom is a communications technology company. It helps businesses and organizations bring their teams together in a seamless environment to get more done. Its product is a reliable cloud platform for video, voice, content sharing and chat. Zoom works on mobile devices and desktop computers.

The tech stock has a market cap of $33.36 billion and EPS of $1.44. It has a 52-week low of $79.03 and a 52-week high of $404.34. Zoom has high liquidity and trades over 5.37 million shares per day. It generated $4.09 million in revenue in 2021.

5. Progressive (NYSE:PGR)

Founded in 1937, The Progressive Corporation is one of the leading insurance providers in the United States. It provides insurance for personal, commercial, automobile and residential property. The Progressive Corporation has more than 18 million customers in the United States

The insurance stock has a market cap of $69.52 billion and EPS of $8.63. It has a 52 week low of $89.35 and a 52 week high of $122.23. The Progressive Corporation has an annual dividend yield of $0.4 per share. It has high liquidity and trades over 3.06 million shares per day. It generated $47.7 billion in revenue in 2021.

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Whether you already know how to trade options or are looking for ideas, Benzinga’s Options Newsletter is a great resource for up-to-date strategies for today’s market. As the market changes, your strategies must change. Read the newsletter for a guide to help you navigate today’s unique opportunities. You can also sign up for Benzinga Pro to see charts, key data, and additional information on each stock, cryptocurrency, option, and more. which you choose.

Best option strategy to use this week

It also appears that cool heads prevail when it comes to stopping the spread of COVID-19. Daily reported cases are down from July highs. Daily reported deaths are down 75% from April highs. Hope they stay there.

Most options strategists assume a short-term bottom in the market at our current levels. The put/call ratio on the Chicago Board Options Exchange (CBOE) now stands at 0.5, which means the market is bullish on itself. If you want to speculate, smart money moves slightly away from downside protection to capture more upside potential. Consider bullish buy spreads on stocks you like and maybe even a synthetic long on a rallying stock.

Best Options Brokers

Your options broker is just as important as your strategy — your broker helps you define your execution. Here are some of the reputable brokers you can rely on for industry-standard uptime, negligible latency, and powerful user interface.

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Navigating Today’s Volatile Market

Regardless of your risk tolerance, take the time to understand the benefits and risks of options trading before you get started. We are currently in one of the most unpredictable markets of the modern era. There’s no shame in relying on your paper options trading account to learn how you react to strategies in the real world and to build a personalized data set.

If you choose to join the battlefield, be sure to give yourself an unbreakable set of rules. Be honest about your trading personality and even more honest about your negotiating ability. Successful traders devote a tremendous amount of time and resources to trading success, so make sure you put time into it. This time is more important than any amount of money you could ever invest.

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