Following several questions directed to us regarding trade management in general, and Affirm stock in particular:
Our scanners recently detected very unusual call options activity in Affirm stock.
In fact, in Affirm stock there were call options purchases worth tens of millions of dollars recently (options for the stock price to rise until a certain date).
Usually, such unusual options movement indicates that insiders/those close to the company hold information that should lift the stock (in this case, to prices of $95-$100),
It should be emphasized again: this involves expiration on a specific date (in the current case, for February 18), which means that despite the immense importance of such unusual options purchases, the stock is not obligated to rise immediately.
In addition: the market situation is unclear and there is much concern in the markets, one should act cautiously, set stop-losses, manage wisely, and define risk management.
Especially for those who have not experienced various market conditions: the stock market is not always favorable and does not always rise,
Losses are part of the journey, and therefore: only with proper risk management can one profit.
*Reminder - on Monday (January 17) there will be no trading.
- Nothing stated herein constitutes a recommendation -