Shares of Trump Media and Technology Group (DJT) have been on a wild ride this week. The stock was halted following a sudden drop on Tuesday. On Wednesday...
Explosive Options technical analyst Bob Lang tells Yahoo Finance that options traders "love" the kind of volatility that Trump Media 's stock exhibits"because there could be a huge payout if you if you hit a home run, if the stock moves in the direction that you're looking for it to go into."
We saw that happen uh early on when the, when the spec was converted into DJ T uh earlier this year and the stock I think went up to like 60 $70 in, in, in really a very short period of time. So even though the stock can move in a, in a, in a big way, uh not just, uh, you know, every week, but even every day, uh you can define your risk by just saying I'm going to buy a, buy a call or buy a put.So if you, if you're wrong and, and you, you pick, you know, you buy a put and you, you're picking the stock to go down and it ends up going up.
I think these socks are going to do well, because she has a plan to, to start building more homes uh for uh uh middle class and uh even uh lower class citizens who, who are needing to get into the homes because, you know, home prices have gone up extraordinarily high over the past, you know, 3.5, 4 years.So I, I think that these areas, these groups are gonna, are gonna do extremely well.
Bob Lang Trump Media Stock Moves DJT
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