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How to trade stocks for circulation



One of the hottest video game stocks is set to be announced next week.

Activision Blizzard, reported on Tuesday, raised 39 percent this year. In comparison, the S&P 500 increased by only 1%.

Todd Gordon, CEO of Ascent Wealth Partners, sees winds pushing Activision even higher.

“Video games are increasingly attracting older demographics. We’re slowly starting to produce Hollywood movies; content creators like Netflix are delving into their content pits. Video game companies will see increased demand if Hollywood production continues to be stifled,”

; he said. Gordon. CNBC Trade Nation said on Thursday.

Activision creates popular franchises, including Call of Duty, World of Warcraft and Overwatch.

“When we look at the chart, I like the level of resistance we’re looking at here, around $ 85 … We really like this trend that generates that kind of income, especially in a new stay-at-home, work-home environment,” Gordon said.

“If you want to have stocks, it really seems like a good idea to show income. If you want to make options, here’s what I created for you – I’m going out on the September calendar, buying 82.5 calls, selling 87.5 calls,” Gordon said. .

Gordon explained that the $ 5 exchange rate, which runs until Sept. 18, costs about $ 1.90, explaining that “this is the maximum risk of $ 190 [to] earn $ 310. ”

Activision closed Friday for $ 82.63.

Disclosure: Ascent Wealth Partners owns Activision Blizzard.

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