On Nov. 13, I wrote about two active options for Pfizer and Bath & Body Works. The straddle for BBWI involved buying a $21.50 put and call expiring on Nov. 21. The stock lost 25% after disappointing Q3 results, closing below the breakeven. The put profited $3.60, a 4,785.6% annualized return. I discussed Palantir, Chipotle, and Constellation Brands on Oct. 31. I had been bullish on Palantir, but it didn’t perform as expected. On Nov. 6, I wrote about income strategies for Lemonade, which is down 1.5% from Nov. 5. Lastly, my QQQ covered strangle thought experiment failed due to low reward. Palantir, a company known for its political stance, has seen a shift in support from Democrats to Republicans, causing concern among investors. A recent option trade on Palantir stock involved buying shares and selling a call option, resulting in a negative return of -11.9% at expiration. Despite reporting strong quarterly results, the stock dropped by more than 8% after news that hedge fund manager Michael Burry took a short position. The stock has since fallen an additional 14%, proving the risks associated with trading in the market.

Read more at 1. SpaceX successfully launches 60 new Starlink satellites into orbit. Barchart.

2. Apple unveils new iPhone 13 lineup with improved battery life and camera features. Barchart.

3. Unemployment rate drops to 5.2% as US economy adds 235,000 jobs in August. Barchart.

4. Tesla’s stock price jumps 5% after announcing plans to build a new Gigafactory in Texas. Barchart.: 4 Unusually Active Options Trades to be Thankful For