The Fake Trump Concept Stock: $Trump Media & Technology(DJT)$
The Real Trump Concept Stock: $Tesla Motors(TSLA)$
Institutions are rolling their TSLA covered call positions higher, targeting a $295-$320 upside range for next week:
Sell $TSLA 20241115 295.0 CALL$
Buy $TSLA 20241115 320.0 CALL$
I think their pricing may actually be a bit conservative - we could easily hit $300 by Friday itself.
No new notable call buys surfaced in $Nvidia (NVDA)$, but the $Semiconductor HOLDRs ETF (SMH)$ saw this upside call spread:
Buy $SMH 20250117 275.0 CALL$ for 12,200 contracts
Sell $SMH 20250117 305.0 CALL$ for 12,200 contracts
Buying upside calls in the SMH ETF represents a bullish stance on a broader semiconductor rebound. And if semis rally, NVDA will inevitably lead the charge as the sector bellwether. So continue holding NVDA through Q4.
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