In the Money: Will Santa Bring a Rally?

A rise in short-term interest rates has caused volatility in high-valuation tech stocks. We look ahead to December, and Dan shares two trade ideas: a hedge in mega-cap tech and a bullish move in a battered rideshare stock. Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options. Supporting documentation for any claims, if applicable, will be furnished upon request. Nasdaq, CNBC, Risk Reversal Advisors and Fidelity are independent entities and are not legally affiliated. The views expressed are as of the date indicated and may change based on market or other conditions. Unless otherwise noted, the opinions provided are those of the speaker or author, as applicable, and not necessarily those of Fidelity Investments. The experts are not employed by Fidelity but may receive compensation from Fidelity for their services.