Firstrade Official Blog Firstrade Official Blog

New Event: Beginner Options Course

Firstrade, in partnership with OptionsPlay, is excited to bring our exclusive Beginner Options Trading Course to investors. Learn how to utilize options strategies to generate a consistent stream of income for your portfolio and take advantage of speculating with leverage. Explore the methods and best practices used to grow a small options trading account and wrap up the lessons with real-time market analysis along with Q&A to answer your questions!

Text reads "Options 101 Beginner Options Course" on a financial chart.

Firstrade, in partnership with OptionsPlay, is excited to bring our exclusive Beginner Options Trading Course to investors. Learn how to utilize options strategies to generate a consistent stream of income for your portfolio and take advantage of speculating with leverage. Explore the methods and best practices used to grow a small options trading account and wrap up the lessons with real-time market analysis along with Q&A to answer your questions!

Here’s the outline of each episode:

Adding Yield to your Portfolio using Options – July 7

OptionsPlay helps investors understand covered calls and cash secured puts strategies. During this exclusive seminar, Tony Zhang, Chief Strategist Strategy of OptionsPlay will walk you through the best practices and show how to find potential income opportunities.

What you’ll learn:

  • How to utilize Covered Calls in your portfolio

  • How to utilize Cash Secured Puts in your portfolio

  • Combining both to maximize income and capital appreciation

Add Leverage to your Portfolio with Limited Risk – July 21

Explore the fundamentals of buying call and put options to gain leverage for your bullish and bearish trades with limited risk. Join Tony Zhang, Chief Strategist of OptionsPlay and CNBC Contributor to learn best practices and see how you can analyze any options trade with confidence in seconds!

What you’ll learn:

  • Basic bullish and bearish strategies

  • How to gain exposure to a stock while limiting risk

  • How to use options to add leverage while limiting risk

 

Grow a Small Account using Options – August 4

Learn to Grow a Small Options Account sustainably and build your confidence in trading. Join Tony Zhang, Chief Strategist at OptionsPlay and CNBC Contributor, to see how credit spreads and the rules we utilize to find opportunities suited for trading accounts under $5,000.  Learn the 4 rules that you need to use to prevent account blowups.

What you’ll learn:

  • Credit spread best practices

  • Account management and best practices

  • The 4 rules of trading using a small account

 

Live Market Examples with Q&A – August 18

Join us for the final part of the Beginner Options Trading Course – Live Market Analysis with Q&A. Tony Zhang, Chief Strategist at OptionsPlay and CNBC Contributor, will dissect the current market environment while discussing how to apply the strategies taught during the course. This event is not to be missed!

What you’ll learn:

  • Recap of options strategies and concepts covered in the previous 2 webinars

  • Applying above strategies to current market environment

  • Get your questions answered during the live Q&A session!

 

Join us every other Wednesday at 4:00 PM EST and see how we can help you jump start your options trading journey. These events are not to be missed, so be sure to book your spot here. We’re looking forward to seeing you there!

 

The insights that are discussed during these events are for information and education purposes only and should not be interpreted as recommendations to trade particular options, but merely part of our commitment to bring education to investors.

Options trading involves risk and is not suitable for all investors. Options trading privileges are subject to Firstrade review and approval. Please review the Characteristics and Risks of Standardized Options brochure and the Supplement before you begin trading options.

Read More
Firstrade Official Blog Firstrade Official Blog

Top 25 Most Traded Stocks by Investors at Firstrade in June

Get the full list of top favored stocks and ETFs among Firstrade investors in the last month.

White building with vertical glass panes against clear sky.

Here’s the full list of top favored stocks among Firstrade investors:

  1. AMC Entertainment Holdings Inc. (AMC)

  2. Tesla Inc. (TSLA)

  3. Apple Inc. (AAPL)

  4. Taiwan Semiconductor Mfg. Co. Ltd. (TSM) 

  5. Palantir Technologies Inc. (PLTR)

  6. BlackBerry Ltd (BB)

  7. NVIDIA Corp. (NVDA) 

  8. ContextLogic Inc. (WISH)

  9. Advanced Micro Devices (AMD) 

  10. NIO Inc. (NIO)

  11. Clover Health Investments Corp. (CLOV)

  12. Virgin Galactic Holdings Inc. (SPCE)

  13. Ford Motor Company (F)

  14. Carnival Corp. (CCL)

  15. United States Steel Corporation (X)

  16. Sundial Growers Inc. (SNDL)

  17. Senseonics Holdings Inc. (SENS)

  18. Quantumscape Corp. (QS)

  19. Microsoft Corporation (MSFT)

  20. GameStop Corp. (GME)

  21. American Airlines Group Inc. (AAL)

  22. Square Inc. (SQ)    

  23. Coinbase Global Inc. (COIN)

  24. Airbnb Inc. (ABNB)

  25. Boeing Co. (BA)

Read More
Firstrade Official Blog Firstrade Official Blog

Earn Compounding Returns with a Firstrade Dividend Reinvestment Plan (DRIP)

Drip, drip, drip … that’s the sound of a leaky faucet, ugh. Time to call the plumber. But when is a drip ever a good thing?

Water droplet hanging from pine needle in blurred green forest.

Drip, drip, drip … that’s the sound of a leaky faucet, ugh. Time to call the plumber. But when is a drip ever a good thing?

When it’s a Firstrade no-fee DRIP!

Firstrade is among the few brokers offering a Dividend Reinvestment Plan (DRIP) and it’s a great way to reinvest your money! You can sign up for free and automatically accumulate additional shares every time you receive a dividend from a particular stock or multiple stocks. You can enroll either a single eligible stock or all eligible stocks in your portfolio, your choice.

Not only can you profit from the growth of the stock, but you can also reap the benefits of compounding returns. All without having to place an order or worry about commissions—it’s an automatic and seamless process for investors. Here’s how the Dividend Reinvestment Plan works:

When you receive dividends from a stock in your portfolio, Firstrade will automatically purchase additional shares of the stock using the dividend amount. For example, if stock XYZ was trading at $10 a share and you receive $25 in dividends, 2.5 shares of XYZ will be added to your positions.

Over the long haul, financial experts cite participating in a DRIP as a great way to increase the value of an initial investment by allowing the compounding returns to do much of the work. Investors can use a DRIP for most stocks and ETFs offered by Firstrade.

Firstrade customers now have even more reasons to consider adding a DRIP to their portfolios. We just recently launched our latest version of trading app 3.3.20—and you can now monitor your DRIP activity right from the app!

Sign up and learn more about Firstrade’s Dividend Reinvestment Plan at our website.

You’ll be glad you did.

Read More
Firstrade Official Blog Firstrade Official Blog

Upcoming IPOs for the coming week

Here’s the list of the upcoming IPOs for the coming week.

unsplash-image-FyD3OWBuXnY.jpg

Here’s the list of the upcoming IPOs for the coming week:


6/11/2021
Janux Therapeutics, Inc. (JANX)

Market: NASDAQ Global
Price: 15.00-17.00
Shares: 9,500,000
Offer Amount: $185,725,000

TaskUs, Inc. (TASK)
Market: NASDAQ Global Select
Price: 22.00-24.00
Shares: 13,200,000
Offer Amount: $364,320,000

Kanzhun Ltd (BZ)
Market: NASDAQ Global Select
Price: 17.00-19.00
Shares: 48,000,000
Offer Amount: $1,048,800,000

6/16/2021

Convey Holding Parent, Inc. (CNVY)
Market: NYSE
Price: 14.00-16.00
Shares: 13,333,334
Offer Amount: $245,333,344

6/17/2021

Angel Oak Mortgage, Inc. (AOMR)
Market: NYSE
Price: 20.00-21.00
Shares: 8,050,000
Offer Amount: $194,407,500

Stay tuned for more upcoming IPOs here!

Read More
Firstrade Official Blog Firstrade Official Blog

Top 25 Most Traded Stocks by Investors at Firstrade in May

Get the full list of top favored stocks and ETFs among Firstrade investors in the last month.

Stock chart on screen at night, blurred lights in background.

Here’s the full list of top favored stocks among Firstrade investors:

  1. Tesla Inc. (TSLA)

  2. Palantir Technologies Inc. (PLTR)

  3. Apple Inc. (AAPL)

  4. Taiwan Semiconductor Mfg. Co. Ltd. (TSM)  

  5. AMC Entertainment Holdings Inc. (AMC)

  6. Advanced Micro Devices (AMD) 

  7. Coinbase Global Inc. (COIN)

  8. Square Inc. (SQ)    

  9. United States Steel Corporation (X)

  10. NVIDIA Corp. (NVDA) 

  11. NIO Inc. (NIO)

  12. Marathon Patent Group Inc. (MARA)

  13. Microsoft Corporation (MSFT)

  14. Unity Software Inc. (U)

  15. Teladoc Health Inc. (TDOC)

  16. Grayscale Bitcoin Trust (GBTC)

  17. Quantumscape Corp. (QS)

  18. Freeport-McMoRan Inc. (FCX)

  19. Airbnb Inc. (ABNB)

  20. Alibaba Group Holding Ltd. (BABA)

  21. Walt Disney Co. (DIS)

  22. Carnival Corp. (CCL)

  23. Berkshire Hathaway Inc. Class B (BRKB)

  24. Amazon.com, Inc. (AMZN)

  25. Ocugen Inc. (OCGN)

Read More