Inside the Trading Room
The latest and greatest news, articles and thoughts from the Sporttrade team.
October 26th, 2022
Weekly Market Watch: Grit and Grind
🐻 NBA Championship Winner: Memphis Grizzlies
The best value right now in Sporttrade’s NBA Futures Market? It’s probably the Memphis Grizzlies. The Grit and Grind Grizz has morphed into a team vibing to Ja’s Rules. At just $4 per contract, Memphis is the 9th priciest team on our futures list, despite starting 3-1 coming off a 2nd place finish in the Western Conference regular season last year. This team could go to the moon 🚀
⚾️ Market Movement: World Series Game 1: PHI Phillies @ HOU Astros October 28th, 8:07PM ET
This market opened at Astros $60 on Monday and has continued to move towards the Astros as the week progresses. Houston is undefeated in the playoffs this year and Philly was under .500 on the road in 2022, but 39-23 as an underdog. Given we’re just across the river from Philly, we’d be buying the dogs for the series and look to take some profit off the table with a win. This Fall Classic should be fun.
📉 Buying the Dip: NY Giants @ SEA Seahawks Sunday October 30th, 4:25PM ET
The ONLY game on the NFL schedule this week between teams with winning records! The Giants and Seahawks have the 2nd and 5th best records, respectively, in the NFC this season and we are somehow looking at a potential playoff preview. New York has been priced as an underdog in 4 consecutive weeks and at $41.5 per contract to win, are looking for their 4th straight upset. Think the trend will continue - buy low and sell high on dem Giants!
Introducing Futures on Sporttrade! Where you can trade in and out of Futures positions whenever you want.