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Interesting CLS Put And Call Options For April 2025

2 years 8 months ago
Investors in Celestica Inc (Symbol: CLS) saw new options become available today, for the April 2025 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 415 days until expiration the newly available contracts r

IVZ June 21st Options Begin Trading

2 years 8 months ago
Investors in Invesco Ltd (Symbol: IVZ) saw new options become available today, for the June 21st expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 115 days until expiration the newly available contracts

Bullish Two Hundred Day Moving Average Cross - DG

2 years 8 months ago
In trading on Tuesday, shares of Dollar General Corp (Symbol: DG) crossed above their 200 day moving average of $143.96, changing hands as high as $144.90 per share. Dollar General Corp shares are currently trading up about 4.3% on the day. The chart below shows the one year p

In the Market: Banks warily warm up to Fed repo backstop

2 years 8 months ago
Banks are finally signing up for a U.S. Federal Reserve funding backstop that has been lying nearly dormant for more than two years, putting them in a stronger position to deal with any stress. But it is unclear whether they will want to use it in a crisis.

What's Next For Altria Stock After A 15% Fall In A Year?

2 years 8 months ago
Altria (NYSE: MO) reported its Q4 results earlier this month, with revenues missing and earnings marginally above the street estimates. The company reported adjusted revenue of $5.02 billion and adjusted profit of $1.18 per share compared to the consensus estimates of $5.09

Dollar Weakens as Hawkish ECB Comments Boost the Euro

2 years 8 months ago
The dollar index (DXY00 ) on Monday fell by -0.11%. The dollar was undercut by strength in the euro, which rose on hawkish ECB comments. Also, Monday’s weaker-than-expected U.S. Jan new home sales report weighed on the dollar. Higher T-note yields Monday limited declines in the dollar. U.S. Jan new...

3 ETFs with Big Nvidia Positions: SMH, IYW, SPMO

2 years 8 months ago
Nvidia ( NASDAQ:NVDA ) is taking the market by storm, and it’s not just the stock that is benefiting. Three ETFs with big positions in Nvidia, the VanEck Semiconductor ETF ( NASDAQ:SMH ), the iShares U.S. Technology ETF ( NYSEARCA:IYW ), and the Invesco S&P Momentum ETF ( NYSEARCA:SPMO ) are reaping the rewards of Nvidia's historic run and look poised to capture more upside if shares continues to rise. To find these ETFs featuring significant Nvidia exposure, I went to Nvidia’s page on TipRanks and used the ETF Exposure tab on the side of the page, a useful tool that enables investors to sort through ETFs by a stock’s percentage weight within the ETF. Let’s take a more in-depth look at these three ETFs, which all have different strategies and different reasons for owning Nvidia. All have large positions in the surging stock, which is up 235.5% over the past year and closing in on a $2 trillion market cap.   1. VanEck Semiconductor ETF (NYSEARCA:SMH) SMH is a $16 billion ETF from VanEck that, according to the fund, seeks to give investors “exposure to the top 25 most liquid U.S.-listed semiconductor companies, spanning the entire industry value chain from chip design and fabrication to manufacturing machinery." SMH has a massive Nvidia position. In fact it makes up over one-quarter of this semiconductor-focused fund’s assets, with a weighting of 25.7%.  Below, you’ll find an overview of SMH’s top 10 holdings using TipRanks’ holdings tool.  In addition to Nvidia, SMH owns Nvidia’s competitors like Advanced Micro Devices ( NASDAQ:AMD ) and Intel ( NASDAQ:INTC ), and it also owns companies that are vital to the semiconductor manufacturing process like foundry Taiwan Semiconductor ( NYSE:TSM ) and semiconductor equipment manufacturers Applied Materials ( NASDAQ:AMAT ), Lam Research ( NASDAQ:LRCX ), and ASML Holding ( NASDAQ:ASML ).  SMH's top holdings are viewed favorably by TipRanks’ Smart Score system, as eight out of SMH’s top 10 holdings feature Outperform-equivalent Smart Scores of 8 or above. The Smart Score is a proprietary quantitative stock scoring system created by TipRanks. It gives stocks a score from 1 to 10 based on eight market key factors. A score of 8 or above is equivalent to an Outperform rating.  This ETF has crushed the market in recent years, thanks in no small part to its outsized position in Nvidia. As of January 31, SMH has returned an impressive 18.8% over the past three years, a phenomenal 32.1% over the past five years, and an incredible 26.1% over the past 10 years, easily beating the broader market S&P 500 ( SPX ) and tech-oriented Nasdaq ( NDX ) indices over each time frame. Of note, SMH has an expense ratio of 0.35%, meaning that an investor in the fund will pay $35 in fees on a $10,000 investment annually.  I’m bullish on SMH, given its large position in Nvidia, its track record of market-beating performance, and its portfolio of highly-rated stocks (according to Smart Score ratings). For investors looking to gain exposure to Nvidia in ETF form, SMH is a great way to do so due to its massive 25.7% Nvidia position and the fact that it gives you exposure to additional stocks that are swimming in the same lane as Nvidia.  Is SMH Stock a Buy, According to Analysts? Sell-side analysts view SMH favorably, giving it a Strong Buy consensus rating based on 21 Buys, five Holds, and zero Sell ratings assigned in the past three months. The average SMH stock price target of $223.22 implies 6.1% upside potential from current levels. 2. iShares U.S. Technology ETF (IYW) Meanwhile, the iShares U.S. Technology ETF owns Nvidia as part of its strategy to “track the investment results of an index composed of U.S. equities in the technology sector.” IYW invests in U.S.-based electronics companies, computer hardware and software companies, and IT companies. Nvidia makes up 6.8% of IYW’s assets under management. This is a relatively large position, but it pales in comparison to SMH’s massive 25.7% position. Altogether, IYW owns 135 stocks, and its top 10 holdings make up 63.9% of the fund.  Below is an overview of IYW’s top 10 holdings using TipRanks’ Holdings tool.   As you can see, IYW has a broader focus than SMH, so while it has top-10 positions in semiconductor stocks like Advanced Micro Devices and Broadcom ( NASDAQ:AVGO ), it also owns stocks from beyond the semiconductor space like Microsoft ( NASDAQ:MSFT ), Apple ( NASDAQ:AAPL ), and Meta Platforms ( NASDAQ:META ).  Like SMH, IYW’s portfolio is viewed favorably by TipRanks' Smart Score, and even more so, an impressive nine out of SMH’s top 10 holdings feature Outperform-equivalent Smart Scores of 8 or above.  While this ETF’s focus is different than SMH’s, one thing that the two funds have in common is that they’ve both generated excellent returns over time. As of January 31, IYW has put up annualized returns of 14.2% over the past three years, 24.5% over the past five years, and 20.2% over the past 10 years. IYW has an expense ratio of 0.40%, meaning that investors in the fund will pay $40 in fees annually on a $10,000 investment. I’m bullish on IYW overall, given its strong track record of performance and its highly-rated portfolio of top tech stocks, although it should be noted that SMH gives investors considerably more exposure to Nvidia.  Is IYW Stock a Buy, According to Analysts? Turning to Wall Street, analysts assign IYW a Moderate Buy consensus rating based on 106 Buys, 27 Holds, and two Sell ratings assigned in the past three months. The average IYW stock price target of $145.91 implies 10.2% upside potential from current levels. 3. Invesco S&P 500 Momentum ETF (SPMO) Lastly, the Invesco S&P 500 ETF is another large Nvidia holder with an entirely different approach. SPMO is “based on the S&P 500 Momentum Index," which “tracks the performance of stocks in the S&P 500 Index that have a high ‘momentum score.’” The fund and index are reconstituted and rebalanced twice a year, and components of the index are weighted by their market caps and their momentum scores. Nvidia makes up 11.4% of SPMO’s holdings, which is less than SMH's exposure but more than IYW’s. In total, SPMO owns 100 stocks, and its top 10 holdings make up 56.1% of the fund.  Below is an overview of SPMO’s top 10 holdings using TipRanks’ holdings tool. SPMO isn’t specifically focused on semiconductor or technology stocks like SMH or IYW, but some of these stocks, like Nvidia and Broadcom, appear in SPMO’s top holdings, as these stocks have been leading the market higher. Beyond semiconductors, Meta Platforms is SPMO’s largest holding, and the fund also owns plenty of names from outside of the tech sector that are performing well, like Eli Lilly ( NYSE:LLY ), General Electric ( NYSE:GE ), and Walmart ( NYSE:WMT ).  An impressive nine out of SPMO’s top 10 holdings feature Outperform-equivalent Smart Scores of 9 or higher. Like SMH and IYW, SPMO has also generated good returns over time, although it doesn’t have a track record as long as that of the other two funds, as it only launched in 2015. Still, as of January 31, SPMO had posted a solid three-year annualized return of 10.9% and an even better five-year annualized return of 15.1%. SPMO is reasonably priced, with an expense ratio of just 0.13%, making it the cheapest of the three funds profiled here. An investor in SPMO will pay just $13 annually in fees on a $10,000 investment. I'm bullish on SPMO based on its decent performance, highly-rated portfolio, and substantial Nvidia position.   Is SPMO Stock a Buy, According to Analysts? Analysts view the fund favorably, as SPMO earns a Strong Buy consensus rating based on 87 Buys, 12 Holds, and two Sell ratings assigned in the past three months. The average SPMO stock price target of $81.45 implies 6.3% upside potential from current levels. No Shortage of Ways to Invest in Nvidia All three of these ETFs are good options for investors, as they have strong portfolios and have generated solid returns over time. Any of the three is a worthy investment, but my pick of the three is SMH, as it offers by far the highest exposure to Nvidia, plus the best performance track record.  Disclosure

Cattle Close Mixed in CoF Response

2 years 8 months ago
The cattle market was mixed on Monday with fats 12 to 57 cents higher and feeders 50 cents to $1.52 weaker. The April live cattle contract printed a $1.67 range on the day. CME reported a contract of heifers to be delivered to West Point. CME confirmed 16 deliveries against...

Soybeans Firm up for Mixed Close

2 years 8 months ago
Beans initially started the last week of Feb with continued weakness to new lows for the move. Prices firmed up Monday afternoon and closed mixed, with fractional to 4 cent gains in old crop and fractional to 1 ¼ cent losses for new crop prices. New crop Nov is at...

Summer Hog Premium Widens on Monday

2 years 8 months ago
Lean hog futures closed mixed on Monday, as the nearby April and May contracts fell 92 and 10 cents respectively vs the +30c gains in the summer months. The April/June spread had widened to $14.27 at the close. The July contract +$100 for the first time since Feb 2023. USDA’s...

Triple Digit Gains for Monday Cotton

2 years 8 months ago
Cotton futures were up by 62 to 165 points at the close for Monday. May futures printed a wide 240 point range on the day, with more than a penny on both sides of UNCH. The new crop Dec contract is now more than a dime/lb under spot futures. CFTC...

Wheat Futures Rally on Monday

2 years 8 months ago
Wheat prices ended the first day of the last week of Feb with gains of over 1%. KC futures led the way, recapturing a premium to SRW in the lead month March contract, with 7 ¾ to 15 cent gains. Chicago futures were up by 3 ¾ to 8 cents...

Corn Rallies into Close on Monday

2 years 8 months ago
Corn prices ended the Monday session at or near the highs for the day with 6 ¾ to 8 cent gains. The May contract’s carry is 14 ½ cents at the close. New crop Dec remains a 50c premium to spot March prices. Dr. Cordonnier estimated the preliminary 24/25 corn...
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