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Invest with Henry
20:3711/28/24
Trading

Top 4 Options I'm Buying NOW (10% in December 2024)

11/28/24
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English

The speaker believes the AI revolution is entering a new phase, leading to a potential short squeeze and a 5-10% rise in the stock market, particularly for tech stocks. The speaker recommends investing in a variety of tech stocks, including Snowflake, Nvidia, and Palantir, while also providing option strategies for Meta, Apple, Sofi, and Nvidia for potential short-term gains before December 20th.

AI Revolution's Next Phase

00:00:36 The speaker believes the AI revolution is entering its next phase, leading to a rise in tech stocks and a potential short squeeze. This is seen as a unique opportunity to capitalize on a trend without being too early in the market. The speaker suggests this could be the start of the fourth industrial revolution.

Tech Stocks to Buy

00:00:46 The speaker believes that several tech stocks, including Snowflake, Nvidia, and Palantir, are poised to rise due to the AI revolution. They are also considering Meta, Apple, and Sofi, which he believes can benefit from this trend. This is the ideal time to be invested in tech due to the momentum and trend.

Meta Stock Options

00:04:15 The speaker analyzes the Meta chart, noting analyst ratings are often late, and a potential squeeze higher is expected. He suggests options plays for both larger and smaller accounts. For bigger accounts, a covered call expiring December 20th could yield a 6% return. For smaller accounts, a bull call spread strategy could yield a 100% return, but with a higher risk profile.

Apple Stock Options

00:07:51 The speaker explains his Apple position, which makes up 28% of his portfolio, and believes it could reach $240 by year-end. He outlines options strategies for both larger and smaller investors. For larger portfolios, a covered call strategy could yield a 3% return. Smaller investors can utilize a bull call spread strategy for a potentially higher return, though with increased risk.

Sofi Stock Options

00:13:54 The speaker discusses Sofi, noting its recent parabolic rise but also its high valuation. While he emphasizes he doesn't typically buy at all-time highs, momentum is a factor in his decision to consider Sofi. He presents option strategies, including selling puts for entry or a bull call spread for a potential triple return if the stock rises. He emphasizes managing the position and taking profits if it reaches a certain point.