Options are contracts that grant the right, but not the obligation to buy or sell an underlying asset at a set price on or before a certain date. Greg Stevens, VP of Options at Fidelity, was with us to explain ways to go about making this type of investment.
Stevens talks about how options let an investor leverage the financial return for a much smaller upfront investment. Options can be used to speculate but they can also be used to generate income or protect a position from downside loss. Stevens demonstrates Fidelity's new tool called Option Trade Builder, walking through how to execute the strategy.
Stevens shows how to buy options for Apple ahead of earnings at the end of January. He adds that clients can call a live person to help walk through the trading strategies.
Electronic Arts, the video game maker of “Madden NFL,” “The Sims,” and other popular titles, is being acquired and taken private for about $52.5 billion in what could become the largest-ever buyout funded by private-equity firms.
Merriam-Webster has fully revised its popular “Collegiate” dictionary with over 5,000 new words. They include “petrichor,” “dumbphone” and “ghost kitchen.” Also “cold brew,” “rizz,” “dad bod,” “hard pass,” “cancel culture” and more.
YouTube will offer creators a way to rejoin the streaming platform if they were banned for violating COVID-19 and election misinformation policies that are no longer in effect.
