Options Trading
Options trading has become an attractive investment option in the modern stock market. savvy investors use options contracts to capitalize on certain security or sector movements, or to simply hedge transactional risk. The options market provides traders opportunities to capitalize on trajectories of individual stocks, as well as broader market trends. As 2021 progresses, investors and traders can consider this list of stocks to watch out for in options trading in 2023.
Alphabet Inc. (GOOGL)
Alphabet is a tech behemoth and a top stock in the S&P 500 index. It enjoys a great market presence, and it's currently worth close to $1.4 trillion. With its vast international footprint, investors can expect good returns from Alphabet in 2023. The stellar performance of its Google suite of products and its ability to cash in on the booming online advertising market should attract investors.
Microsoft Corporation (MSFT)
Microsoft is a consistent powerhouse in the tech stock world, and it's showing a steady appreciation in value from its current market cap of $2 trillion. Its portfolio of products and services, from Windows, Office suites, to Windows phone, Xbox and other cloud services, provide a competitive advantage that has resulted in positive gains in market value. Microsoft is a stock to consider for options trades in 2023.
Apple Inc. (AAPL)
Apple continues to be the only trillion-dollar company in the U.S. stock market, and its value keeps rising. This iconic tech firm has consistently outperformed expectations and remains one of the most attractive stocks to trade in the options exchange. Apple is currently trading above the $2 trillion mark and there's no reason to expect any slide in market value.
Tesla Inc. (TSLA)
Tesla, the world's biggest auto-maker and energy company, is dominating the market with its innovative designs, superb engineering, and disruptive philosophies. It has been a stunning performer, and its value is closing in on $1 trillion. Investors consistently generate excellent returns from the options market when it comes to Tesla, and this is likely to continue into 2023.
Royal Dutch Shell Plc. (RDS-A)
Royal Dutch Shell is one of the world's largest integrated oil and gas companies, and it has been a dependable source of returns for investors for years. It's current market value is $275 billion, and it looks set to appreciate in the coming years. Shell is a formidable presence in the European markets, and its stock remains attractive in the options market.
Amazon.com Inc. (AMZN)
As the largest e-commerce company in the U.S., Amazon has become one of the hottest stocks to trade options on, and it shows no signs of slowing down in 2023. It is currently valued at over $1.5 trillion, and it is widely considered to be the leader in the industry. With its expected growth trajectory, Amazon looks set to be one of the best stocks to trade options on in 2023.
These are the top stocks recommended for trading options in 2023, and investors should look out for these names in their portfolios. A properly executed options trade can generate substantial returns, and these stocks should be considered for their excellent prospects. Consider the basic knowledge regarding options trading and the risk related to options before investing.
UltraAlgo delivers easy to understand Options data to improve your understanding of the stock market with a little help from artificial intelligence. Combined with our industry leading trading algorithms. Our brokerage intergations include: TradeStation, ToS (ThinkorSwim), TD Ameritrade, Interactive Brokers and TradingView. Our products are designed by veteran quants with 20+ years of experience in high frequency trading for hedge funds and banks.
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