Options Update: How to Play Barrick Gold

The video discusses market trends, focusing on the VIX and its unusual positive correlation with market highs. It explores the potential impact of a dollar reversal and energy sector stabilization on market growth. Yum Brands' stock is analyzed, highlighting its recent upgrade and potential for growth. Barrick Gold's stock is evaluated, noting its recent momentum and options strategy for potential gains.

What unusual behavior of the VIX index is highlighted in the market trends discussion?

• The VIX remains unchanged despite market fluctuations.

• The VIX is inversely correlated with the market trends.

• The VIX is increasing alongside the market making new highs.

• The VIX is decreasing as the market makes new highs.

What is considered a potential catalyst for driving the market higher?

• A rise in interest rates

• A decrease in the dollar value

• Stabilization of the energy sector

• A significant market pullback

What recent change in Yum Brands' stock rating is mentioned?

• Maintained at neutral

• Downgraded to hold

• Upgraded to buy

• Downgraded to sell

What is the potential upside target for Barrick Gold after its recent performance?

• $10

• $17

• $14

• $12

What is the cost of the July 10 call option for Barrick Gold?

• $450

• $500

• $325

• $200