Bitcoin rebound spurs demand for out-of-the-money calls at strikes from $70,000 to $100,000. Analysts said the path of least resistance for bitcoin is on the higher side. Bitcoin's {{BTC}} renewed price upswing has options traders reconsidering the possibility of the cryptocurrency reaching the $100,000 level at some point this year.
Open FlipWhen a stock you like scares you off with a significant loss in value, remember Warren Buffett's mandate to be greedy when others are fearful. Of course, tanking stock prices need to be evaluated in context- they can scream value trap or opportunity. When they scream opportunity, let go of the fear and dive in. Toast (NYSE: TOST) and Take-Two Interactive (NASDAQ: TTWO) are two amazing stocks.
Open FlipAn analysis of at least 3 gold-loan-heavy banks showed that they have reported robust growth in their portfolios despite regulatory headwinds in past few months. Regulatory hammer on IIFL Finance’s gold loan business affected some banks, which had tie-ups with NBFC. In addition, some media reports showed that RBI has been cautioning gold loan lenders on their business with their fintech partners.
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