David Marino

An investor who bought 6 million shares worth of Equinox Gold Corp. call options Tuesday more than doubled their money after the Vancouver-based miner’s earnings beat estimates, sending shares soaring by the most since 2022.

As stocks hit record after record, some investors are taking to heart the saying: Hedge when you can, not when you must.

Looming over the market is the potential for tighter oil supply to drive up costs of everything from fuel to food and plastics. The risk of higher inflation — which may keep interest rates higher — is regarded as a key factor that could trigger a stock-market selloff once investors start to look beyond earnings.

An unusual options trade is becoming a favored hedge against the risks of sudden U-turns in US President Donald Trump’s stance on Iran, a dynamic that has repeatedly whipsawed markets in recent months.

An unusual options trade is becoming a favored hedge against the risks of sudden U-turns in U.S. President Donald Trump's stance on Iran, a dynamic that has repeatedly whipsawed markets in recent months.

As Tesla Inc. is set to report results that many expect will set the tone for the company’s artificial-intelligence ambitions, analysts are scouring charts for clues on where the stock is headed.