Fast Money Blog- 6/20/25
The market didn’t see great advances this week because of the conflict between Israel and Iran.
Right now we are in a waiting period in terms of whether the U.S. will be involved, as President President Trump announced he will make a decision on it within the next 2 weeks.
Although most stocks have been range-bound, some stocks, like Oracle Corporation (ORCL), are seeing record levels of implied volatility which make 15-day covered calls an outstanding trade.
As you know ORCL just delivered outstanding earnings, as they are seeing strong demand for their data center infrastructure tailored for AI workloads. This means there should be substantial revenue growth over the next 52 weeks.
52 weeks ago ORCL was trading at $142.91.
Today the stock closed at $205.12.
Just a reminder: In an unprecedented move, the bulk of corporate earning announcements have been moved from July to August. This longer run up to the earnings releases will allow experienced traders to take in large covered call premiums for a sustained period of time.
Stay Patient. Stay Disciplined.
Tyrone Jackson, The Wealthy Investor