Options Market Statistics (12/16): Stocks Extend Slump as Recession Worries Weigh
Stocks were poised for renewed losses after central banks globally signaled their intent to rein in inflation with higher interest rates.
Stocks on Wall Street will also be focused on today's scheduled options and futures expiry, known as the quadruple witching hour, which typically triggers late-session volatility.
News Highlights
$Twitter (Delisted)(TWTR.US$ suspends several journalists, Musk cites 'doxxing' of his jet. Twitter on Thursday suspended the accounts of several prominent journalists who recently wrote about its new owner Elon Musk, with the billionaire tweeting that rules banning the publishing of personal information applied to all, including journalists.
$Amazon(AMZN.US$ The company is seeking to bring popular fantasy game "Warhammer 40,000" to life after agreeing in principle to produce film and television content with British developer Games Workshop.
$Netflix(NFLX.US$plunged more than 8% yesterday, with an option volume of nearly 290,000, and puts accounted for nearly 52%.
$Advanced Micro Devices(AMD.US$ fell 3.48% to $65.53, with an option volume of nearly 460,000, and puts accounted for nearly 60%.
$Tesla(TSLA.US$ stock edge higher despite market weakness, with an option volume of nearly 2.38 million, after Musk sold some of his shares, and calls accounted for nearly 53.9%.
Unusual Stock Options Activity
Source: Benzinga, Dow Jones, CNBC
On top of that, to better prepare you for the fluctuating market, Moomoo offers you an Options Starter Kit, including up to US$60 option commission cards*, margin reduction*, and options courses.
Disclaimer: Options trading entails significant risk and is not appropriate for all investors. Certain complex option strategy carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Option. This article is for information and illustrative purposes only, and is not a promotion of option trading or a recommendation of any of the specific option mentioned above.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Moomoo News Official Account
Empower your trading with options news and insights. Stay informed, make better decision, trade wiser. Not an advisor
11KFollowers
13Following
21KVisitors
Follow
70784737 : Today will be a breather to the upside // dump comes Monday
thoumustbfilled3 : Amen!!
Correct!!!!
Hashtags 70784737: You must be talking to God to know this. Well done