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I made a Trump trade so you don’t have to

Yahoo Finance
Summary
Nutrition label

68% Informative

YF Capitol Gains: I made a Trump trade of my own: A financial investment meant to capitalize on the outcome of the presidential election.

I bought, with my own money, an option contract on shares of Donald Trump’s new company, Trump Media and Technology Group ( DJT ) The hot trades are in options on shares, which are timed bets allowing the trader to either buy or sell shares in the future at a certain price by a certain deadline.

If the price goes below $ 25 , before the contract expires, I’ll be “in the money,” as investors say.

I'll break even if the share price falls to $ 21.10 , at which point I will have fully recouped my $ 390 investment.

My track record on trendy bets is lousy. I tried my hand at meme stock trading by buying 171 shares of BlackBerry at $ 14.60 per share.

VR Score

68

Informative language

64

Neutral language

28

Article tone

informal

Language

English

Language complexity

24

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links