If you want exposure to what elected officials are trading, there are two ways to do that.
One, you could always track down what they’re buying and selling, most notably Nancy Pelosi, who has made millions trading. In other instances, we’ve seen members of Congress outperform major indices, sometimes significantly. That, many speculate, is because our elected officials have privileged information.
We’ve seen millions of dollars made by these officials.
And while you can hunt down what they’re trading, you can gain big exposure to those trades with two exchange traded funds, including:
Unusual Whales Subversive Democratic ETF (NANC)
With an expense ratio of 0.75%, the NANC ETF invests in equity securities purchased or sold by Democratic members of Congress and their spouses.
According to the NANC ETF Fact Sheet, “We have partnered with Unusual Whales to develop an ETF that will allow investors access to the near- real-time trading disclosures of members of Congress in both parties. NANC focuses on the Democratic Party. “
A straddle is the purchase or sale of a put and a call of the same month, same underlying market and same strike price. A strangle has the same characteristics with one exception: Different strike prices for the put and call.
Straddle Example
Assume your analysis indicates that volatility for Dow Jones Index options is very low and you expect volatility to increase sharply. You are not sure if prices will move higher or lower, but want to take advantage of the coming increase in volatility. You decide to buy December 86 straddle but do not want to pay more than 11 per spread for the position. The 86 calls traded last at 4; the 86 puts at 7 ½.
Elite Wall Street trader, Joe Duffy, is allowing a limited group of future-elite investors into his masterful daily trades at thousands of dollars less than what others charge.
When you join today for $1, the first month you'll receive:
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