Options trading and football have more in common than you might think. Just like how a football team’s formation can predict the next play, stock pricing behavior can indicate certain outcomes. A downtrend in a security may signal a potential reversal, following the Markov property where the current state determines the future. Three stocks to watch: Hewlett Packard Enterprise (HPE) has a Weak Buy rating, Snowflake (SNOW) is a cloud-based data platform, and CrowdStrike (CRWD) is a cybersecurity player. Consider vertical spreads for potential gains in these stocks based on current trends and probabilities.
Read more at Barchart: Reading the Market’s Signals to Jump Ahead of the Crowd (HPE, SNOW, CRWD)
