Options Corner: SPOT Hits "Sour Note," Shares Slide 30% Y/Y

By Schwab Network

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Shares of Spotify (SPOT) continue to hit a "sour note," says Rick Ducat, who points out the streaming giant's underperformance compared to peers in the space. He highlights several key resistance levels shares need to break through for a long-term bull run to manifest. He then turns up the volume on the options front by offering an example trade. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV