Options Update: How to Play GoPro

The video discusses increased volatility across various asset classes, focusing on the VIX and its implications for market behavior. It highlights traders' actions in selling insurance during a sell-off and potential market bottoms. The video also covers Twitter's stock upgrade by JP Morgan and related options activity, as well as a summary of GoPro's trade dynamics, including short squeezes and lock-up releases.

What does the VIX index primarily measure?

• The cost of insurance in the market

• The average stock price

• The interest rates

• The GDP growth rate

What recent change did JP Morgan make regarding Twitter's stock?

• Downgraded it to sell

• Maintained it at neutral

• Upgraded it to overweight

• Downgraded it to underweight

What type of options activity was observed in Twitter's stock?

• Selling of downside puts

• Buying of upside calls

• Selling of upside calls

• Buying of downside puts

What event is affecting GoPro's stock price according to the transcript?

• A major acquisition

• A new product launch

• A share lock-up release

• A change in CEO

What trading strategy is mentioned for GoPro's stock?

• Investing in real estate

• Purchasing gold futures

• Selling the October 9497 call spread

• Buying long-term bonds