Month: February 2021

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Trading Ideas

JOANN IPO: Fabric and Craft Retailer Bringing Stock to Market

February 19, 2021 admin Comments Off on JOANN IPO: Fabric and Craft Retailer Bringing Stock to Market

A JOANN IPO is coming to market soon. With over 75 years of history, it’s a household name. And that’s one reason investors are anticipating JOANN stock.
But is JOANN a good investment opportunity? Here’s what we know…
JOANN IPO: The Business

Founded in 1943, JOANN is an American arts and fabrics retailer. The company is based out of Cleveland, Ohio and is the U.S’ leader in the sewing market. JOANN operates 855 stores across 49 states. The company states its mission is “to inspire the creative spirit in each of us—our customers and ourselves.”
Although the company’s main focus is sewing, JOANN expanded …read more […]

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Trading Ideas

What Are Earnings Strangles?

February 19, 2021 admin Comments Off on What Are Earnings Strangles?

Day trading is a constant struggle to maximize gains and minimize losses. This results in maneuvers like earnings strangles. An earnings strangle is an attempt to capitalize on a company’s upcoming earnings report with a strategy that will profit from the stock’s expected movement—whether up or down.
The maneuver consists of setting both calls and puts on the same company with the same expiration date—usually the day or two after the earnings report. The strangle comes from the different prices of the puts and calls. An “out-of-the-money” call paired with an “out-of-the-money” put caps unrealized losses and lays down a …read more […]