Final Trade: SLV, JNJ, HYG, GOOGL

Key Concepts:

• Selling strangles (options strategy)
• Alphabet (GOOGL) stock
• HYG (High Yield Corporate Bond ETF)
• Johnson & Johnson (J&J) stock
• Silver price

Final Trade Picks:

• Miko: Is selling a June 1st 3170 strangle against long Alphabet (GOOGL) stock. The rationale is that as Alphabet shares have fallen, the options premiums have risen, and Miko is willing to buy more at lower levels. A strangle involves selling both a call and a put option with the same expiration date but different strike prices.
• Tim: Mentions "Happy Mother's Day, mom. And to all moms what a great weekend. It's going to be a beautiful day I think." No specific stock or trade is mentioned.
• David: Suggests taking profits in HYG (High Yield Corporate Bond ETF) if one caught the bounce in April.
• Carter: Believes silver is poised to increase in value, noting that its price is the same as it was one year ago, implying it has done nothing for a year.

Stocks Mentioned:

• Alphabet (GOOGL): Miko is using a strangle strategy on this stock.
• Johnson & Johnson (J&J): David finds it interesting.
• HYG (High Yield Corporate Bond ETF): David suggests taking profits if one caught the bounce in April.
• Silver: Carter believes it will increase in value.

Options Strategy:

• Selling Strangles: Miko is selling a June 1st 3170 strangle against long Alphabet (GOOGL) stock. This strategy profits if the stock price stays within a certain range (between the strike prices of the put and call options) until the expiration date.

Conclusion:

The "Final Trade" segment features a mix of options strategies, profit-taking suggestions, and a bullish outlook on silver. Miko is employing a strangle strategy on Alphabet, David suggests taking profits on HYG, and Carter is bullish on silver.