For this week’s intriguing options block trade, we’re looking at a massive trade put on in Warner Brothers Discovery (WBD). The trader or fund manager appears to have sold a huge call position that is potentially being used to finance (part of) an even bigger put position. This type of strategy is called a collar, and it could be used to hedge downside risk without paying the full amount for the put protection.
— Jay Soloff
MAG-7 Stocks Are Dead—Here's What Killed Them [sponsor]The old way of investing in tech giants is over. A NEW strategy unlocks 146X more income on the SAME underlying stocks (like Meta, Apple, and Amazon) -- WITHOUT options trading. Click here to uncover the NEW MAG-7 alternative.
Source: Investors Alley
