by Chad Shoop | Feb 23, 2021 | American Investor Today, Earnings, Education, GameStop, Options Trading, Trading Strategies
There are swarms of new traders hoping to find overnight success in the stock market right now. Traders like Anubhav G., who joined in on the GameStop frenzy. According to The Wall Street Journal, he turned $500 into over $200,000 in less than three weeks during the...
by Chad Shoop | Feb 12, 2021 | Bull Market, Education, GameStop, Options Trading, Trading Strategies, Weekly Options Corner
I got a text from my little brother the other day. Now, he isn’t a stock market guy like me. He doesn’t follow stocks. He doesn’t follow options. He didn’t even have a brokerage account until a couple weeks ago. After seeing a few stocks explode higher, my brother —...
by Chad Shoop | Feb 9, 2021 | American Investor Today, Earnings, GameStop, Investment Opportunities, Short Selling, Stocks
The psychology around pops and drops continues to amaze me. GameStop was a hyped-up short squeeze. Yet, as the price skyrocketed more than 100% in a single day, people kept buying more. They chased the price higher. They saw the instant gains people were locking in...
by Chad Shoop | Feb 5, 2021 | 2021, Education, GameStop, Options Trading, Trading Strategies, Weekly Options Corner
GameStop (NYSE: GME) showed us exactly why I love trading options … but also how dangerous it can be. By now, we’ve all seen what happened to GameStop — a short squeeze of epic proportions. The stock exploded — its price rose more than 1,000% in just a few weeks....
by Chad Shoop | Feb 2, 2021 | American Investor Today, GameStop, news, Options Trading, Short Selling, Trading Strategies
Video game retailer GameStop (NYSE: GME) traded under $3 not even a year ago. And now, after cooling off a bit, it’s trading around $300. Almost everyone is either talking about this wild price swing or is actively trading it. If you still have questions, we’ll answer...