Netflix (NFLX) – A short idea given by Benzinga maven and expert trader, Anne-Marie Baiynd. Baiynd, in her chat room on Benzinga Pro, said she played Netflix options as a short iron condor trade.
DraftKings (DKNG) – A stock mentioned by several traders in Benzinga Pro’s #swimmers chat Wednesday morning. The company will report quarterly results on Friday of this week.
ChipMOS Technologies (IMOS) – A semiconductor company based in Taiwan. In one of Wednesday morning’s top stories, US House Speaker Nancy Pelosi visited Taiwan to reassure authorities and citizens the US will stage an “ironclad” defense of the nation as China has continued to make threats toward Taiwan.
HireQuest (HQI) – A play on a still-strong labor market amid a weakening economy. HireQuest provides staffing services in 36 states in the US.
Bit Digital (BTBT) – A play on bitcoin mining. In a top story from the Wall Street Journal Wednesday, the US Senate is planning to propose legislation that would place bitcoin under the watch of the US’s top commodities regulator.