If you are beginning your options journey, you may want to know what the best news sources for options trading are, so that you can research and eventually make the calls and puts necessary to have success. I know that it took me a while to acquire these sources so if you are a reader of this blog, I would like to present you these sources and what they provide.
Barrons
Barrons is a weekly magazine that Dow & Jones publishes. If you are trying to glean various financial info. Then this is the source for you. I typically like searching for IPOs & Spacs, when I am on that particular website.
Financial Times
Financial Times is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. If you are really deep into financial news, then this website is the one to pick. Along with other websites, my option plays go a long way when I am doing my puts and calls and I can give this website credit for giving me those plays.
WSJ
The Wall Street Journal (WSJ) is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The Journal, along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The Journal has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The Journal is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019.
Bloomberg News
Bloomberg news is is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, Bloomberg Businessweek, Bloomberg Markets, Bloomberg.com, and Bloomberg’s mobile platforms. I don’t typically use bloomberg news as much, mostly because of their interface, but they can at times provide good content for you to use.
TechCrunch
TechCrunch is is an American online newspaper focusing on high tech and startup companies. I typically search for IPO and Spacs. Personally, I am a technie, so I like to keep up to date with various tech companies that exist or may eventually IPO. The more companies that IPO, the more chances you may have to trade options. The more chances to trade options, the better you increase your skills.
Nasdaq
Nasdaq is a stock market index that includes almost all stocks listed on the Nasdaq stock exchange. Along with the Dow Jones Industrial Average and S&P 500, it is one of the three most-followed stock market indices in the United States. The composition of the NASDAQ Composite is heavily weighted towards companies in the information technology sector. I would typically look for the “IPO calendar” and possibly look into various news info, but other than that, I don’t really use Nasdaq. You may have some use however.
Muddy Waters Research
Muddy Waters Research is an American privately held due diligence based investment firm that conducts investigative research on public companies while also taking investment positions that reflect their research. Sometimes I like to search other websites and see the research the people produce to better my options process. You shouldn’t always take their advice without proper due diligence. You need to create your own process and then apply that process to have success in your trading journey.
Grizzly Research
Grizzly Research is owned and operated by Siegfried G. Eggert along with his US-based analyst team that consists of trained accounts, economists, and engineers. Similar to Muddy Waters, Grizzly Research provides ample content for you ton utilize for your option trades.
Hindenberg Research
Hindenburg Research is an investment research firm with a focus on activist short-selling founded by Nathan Anderson. The reason I use this site is the same for Muddy Waters and Grizzly Research.
Scorpion Capital
Scorpion Capital specializes in intensive, differentiated research which uncovers what investors have missed and Wall Street is paid to ignore. The reason I use this site is the same for Muddy Waters. Hindenberg Research, and Grizzly Research.
Spacinsider
Spacinsider is a data and analysis firm covering the special purpose acquisition company asset class. If you are looking companies that wish to receive funding outside the IPO process, then this firm is something you would want to look into.
SeekingAlpha
SeekingAlpha is a crowd-sourced content service for financial markets. Articles and research covers a broad range of stocks, asset classes, exchange-traded funds (ETFs), and investment strategies. Unlike other equity research platforms, insight is provided by contributors including a base of investors and industry experts (buy side) rather than sell side. If there is one website you should always look into, it is seekingalpha. You will get various viewpoints to analyze from and utilize that info to form your own view points on particular companies and stocks. Even if everyone is following a certain viewpoint, you can create your own and find massive success.
https://finance.yahoo.com/
Yahoo! Finance is a media property that is part of the Yahoo! network, which provides financial news, data and commentary including stock quotes, press releases, financial reports, and original content. It also offers some online tools for personal finance management. I like using Yahoo! Finance to check the financials of a company. It is free and you can utilize it in many ways for your favor.
Finviz
Finviz isn’t exactly a site for news, but it is probably the best data source for options trading by far from the given list on this article. It is a comprehensive toolbox for investors and traders that you can also you for your benefit. If you are starting with a small account, somewhere between $500 – $1000, then you can use this site to screen stocks and make better options plays! It will take some time, but it is durable. What is most important is risk management and a process to grow your account and have success. If you ever need to step back from other news sources for options trading, then you should use finviz to actually gather data and put that info to use.
Miscellaneous (Media Sources)
There are various news sources you can use for options trading such as the economist, CNBC, etc that you can also utilize for your discretion. Not all websites will be beneficial, but it will be up to you to decide.
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