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Stockchase Opinions

Stephen Weiss, Founder, Short Hills Capital PartnersNasdaq 100NDX-ICOMMENTFeb 13, 2023

Caller bought July 280 puts that expire 2024

Not thrilled by this, because you must be correct in timing and price, and you lose time value. Maybe you make money or don't. Don't hold till expiration. Would rather short stocks on the Nasdaq that are still overvalued.

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Stock price when the opinion was issued

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COMMENT

The question was on the Nasdaq. Everyone should have exposure to large cap tech and if you don't have the time to study individual stocks then the Nasdaq100 would give you the exposure. Both the Nasdaq ETF's and individual stocks are volatile.

DON'T BUY
Looks like it is rolling over. The fundamentals behind it are weakening. Earnings are mushy.
BUY
Likes this index for a growth investor.