Prosper Trading Academy CEO's Bullish Options Trade on Micron

The video discusses recent market trends, focusing on the S&P 500's performance and the VIX index's behavior amid political drama. It highlights the impact of China and upcoming earnings on market volatility, noting that no news is often perceived as good news. The video also covers investor strategies in the options market, with a focus on hedging for expected volatility. A specific bullish options trade on Micron is detailed, emphasizing the use of implied volatility and premium pricing to capitalize on market movements.

What was the performance of the S&P 500 in the last five days?

• Up all five days

• Up four of the last five days

• Down all five days

• Down four of the last five days

What does an elevated VIX level suggest about the market?

• Improved economic outlook

• Decreased trading activity

• Potential for increased volatility

• Stable market conditions

How does the market currently perceive news from China?

• As irrelevant

• As a sign of economic downturn

• As good news if there is no news

• As a major threat

What is the market anticipating as a potential driver in the coming weeks?

• New trade agreements

• Political changes

• Earnings season

• Interest rate hikes

What is the strategy behind the bullish options trade on Micron?

• Short selling Micron stocks

• Buying high and selling low

• Selling expensive premiums and buying cheaper ones

• Investing in long-term bonds