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2023-07-14

Options Spy: NKLA is up 60% and straddle strategies are the hot trades

U.S. stocks rose again Thursday as oil prices extended gains and the dollar tumbled after producer prices showed inflation continued to fall in June. The Wall Street Journal reporter Nick Timiraos, who is known as the Fed's mouthpiece, wrote that the US consumer price index (CPI) rose in June at a 26-month low, which increases the probability that the Federal Reserve will stop raising interest rates after an expected interest rate hike this month, that is, July may be the last interest rate hike this year.It is worth noting that the Fed's "eagle King" and St. Louis Federal Reserve Bank President Bullard announced that he would resign on August 14 and then go to Purdue University.John Flood, a partner at Goldman Sachs, thinks the S&P could end the year at a new high. Flood said in a not
Options Spy: NKLA is up 60% and straddle strategies are the hot trades
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2024-04-01

Options Spy | Mixed Sentiment in Index Options, Aggressive Tesla Call Buying This Week

U.S. economic indicators point to steady expansion, and the market expects the Federal Reserve to achieve a soft landing. The S&P 500 hit its 22nd record high this year, and the Dow Jones Industrial Average also set a new closing high record.The overall options trading on the S&P 500 index showed a slightly bearish bias. Open interest in put options far exceeded call options, with a surge in open interest for May options.The most actively traded new call option was the April 5th expiry with a $530 strike price, with 40,000 new openings, mainly buy-to-open orders, suggesting expectations of a 1.3% rise in the S&P 500 over the next week.For Tesla, due to the company raising prices on some vehicle models, options activity showed that the $187.5 call options expiring on April 5th w
Options Spy | Mixed Sentiment in Index Options, Aggressive Tesla Call Buying This Week
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2024-01-29

Options Spy | Intel shares are under short-term pressure and are expected to find a bottom of 39

The Fed's preferred measure of core inflation has slowed below 3 percent, and corporate earnings have been mixed. Intel shares plunged nearly 12 percent after the company's first-quarter outlook fell well short of Wall Street expectations, undermining AI-driven hopes to some extent and weighing on tech stocks, putting AMD and Nvidia under pressure.The solid growth in the U.S. economy comes amid continued signs of slowing inflation. The December personal consumption expenditure (PCE) report showed that the annual inflation rate fell below 3%, the first time in nearly three years that it was below economists' expectations, and the growth rate was the lowest since March 2021.This follows U.S. gross domestic product (GDP) growth of 3.3 percent in the fourth quarter of last year, and the soft l
Options Spy | Intel shares are under short-term pressure and are expected to find a bottom of 39
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2023-12-26

Options Spy | The game industry is supported again;Sell put option to buy bottom NTES

A larger-than-expected slowdown in inflation bolstered bets that the Fed would cut interest rates as early as March, but Nike's sharp drop in its full-year outlook weighed on sentiment and the three major U.S. indexes ended the eighth straight week with gains, the first for the S&P since 2017 and the first for the Dow since 2019.The latest data showed the core personal consumption expenditures (PCE) price index fell to 3.2 percent in November, the lowest since April 2021 and below market expectations. In addition, the PCE price index rose 2.6 percent year-on-year in November, below market expectations of 2.8 percent.Meanwhile, U.S. durable goods orders rose 5.4 percent in November, the largest increase since December 2022. Signs that inflation is accelerating and slowing have bolstered
Options Spy | The game industry is supported again;Sell put option to buy bottom NTES
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2023-07-26

Options Spy: Down 19% as expected, institutional sniping SNAP before the close

Markets focus on the Fed's latest interest rate decision. Tech companies such as Meta and Qualcomm will report quarterly earnings. The Federal Reserve will announce the resolution at 2 o 'clock on Thursday, 30 minutes after the press conference, the market is widely expected to raise interest rates by 25 basis points, so that the interest rate reached a 22-year high, which represents the benchmark interest rate will reach 5.25-5.50%, is the Fed since the beginning of 2022 so far the 11th rate increase, and Chairman Bauer's press conference will be the focus of observation.Microsoft reported lackluster fourth-quarter sales growth after the bell on Tuesday, due to slowing demand for cloud computing, and its revenue outlook for the current quarter fell short of market expectations, sending it
Options Spy: Down 19% as expected, institutional sniping SNAP before the close
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2024-01-19

Options Spy | TSMC earnings jump 8%; Institutional purchase of 20 million options bullish

As markets digested another batch of strong economic data and earnings, the $Semiconductor Index ETF-HOLDRs(SMH)$Semiconductor ETF rose more than 3% to a new all-time high. Apple led the technology sector higher, while Taiwan Semiconductor Semiconductor Co surged nearly 10 percent after its earnings report, boosting semiconductor shares, but Humana warned that healthcare costs would hit its outlook for the year, triggering a broad decline in health insurance stocks.New claims for unemployment benefits unexpectedly fell to their lowest level since September 2022 as a new round of jobs data pointed to persistent labor market tightness, suggesting job growth likely remained solid in January.In order to avoid a repeat of the "liquidity" crisis, the Fed
Options Spy | TSMC earnings jump 8%; Institutional purchase of 20 million options bullish
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2023-08-15

Options Spy: When Nvidia rose, Intel's OTM put options were unusually high

Nvidia surged more than 7 percent and technology stocks surged, leading U.S. stocks to break out of a two-week slump. However, Tesla cut prices and electric vehicles were generally weak. AMC shares plunged 35% after a preferred stock conversion plan was approved.As earnings season comes to a close, the focus turns to retail earnings this week, including Home Depot on Tuesday, Target on Wednesday and Walmart on Thursday.Minutes from the Federal Reserve meeting to be released on Wednesday will also be closely watched as investors look for more clues on the outlook for monetary policy and see whether most officials are sounding hawk or dove. Goldman expects the Fed to hold off on raising rates at its regular September meeting and then announce in November that inflation is slowing, meaning fu
Options Spy: When Nvidia rose, Intel's OTM put options were unusually high
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2023-10-16

Options Spy | Selling put options shows signs of a bottom in multiple stocks

A number of banks kicked off the earnings season with better-than-expected results, but investors had to contend with volatility amid rising geopolitical tensions. For the week, the Dow rose 0.8 percent, snapping a three-week losing streak, while the S&P gained 0.4 percent and the Nasdaq fell 0.2 percent.International oil prices rose more than 6% on fears that a war between Israel and Hamas could exacerbate geopolitical tensions in the Middle East.Mike Bailey, director of research at FBB Capital Partners, said after a strong second quarter, investors need to see at least the same level of results in the third quarter, and as the quarter's tech giants report, other market participants can be expected to follow the leaders. "The probability of a decline in tech earnings this quarter is p
Options Spy | Selling put options shows signs of a bottom in multiple stocks
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2023-10-03

Options Spy | Tesla hits bottom and rebounds

The government shutdown crisis was temporarily resolved, and the 10-year U.S. bond rate rose to its highest since 2007, Apple rose about 1.5 percent, and TSMC rose nearly 1 percent. The focus will be on Friday's non-farm payrolls data, with Wall Street estimating a gain of 163,000 jobs, down from 187,000 in August.Fed Chairman Jerome Powell noted that the U.S. economy is still dealing with the effects of the pandemic, labor shortages in the health care sector, continued difficulties in child care services, and a deepening health crisis. Powell did not comment on current monetary policy or the economic outlook.The government shutdown crisis temporarily stopped the bleeding, the US Congress finally reached a consensus before the deadline, with 335 votes to 91 votes, through the short-term sp
Options Spy | Tesla hits bottom and rebounds
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2023-09-13

Options Spy | The bulls and bears are extremely conservative on the apple stock price

The United States in August unseasonally adjusted CPI annual rate of 3.7%, a new high since May this year, has risen for the second time in a row; The United States in August unseasonally adjusted core CPI annual rate of 4.3%, the lowest since September 2021, has declined for six consecutive months; The United States in August seasonally adjusted CPI rate recorded 0.6%, the highest since June 2022.Yesterday Oracle fell by more than 13% due to the cold earnings report, Apple's share price fell after the autumn speech, and the three major indexes of the US stock market closed down on Monday (11).Before the end of the Apple options big order conference, it was mainly bullish, and after the end of the conference at 2 o 'clock, it was mainly bearish:buy
Options Spy | The bulls and bears are extremely conservative on the apple stock price

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