Moo Spotlights | What can we learn from the SMCI, Black Monday, and their aftermath?
August 5, 2024, the financial world held its breath as markets from US to Japan experienced a seismic shift. The U.S., long the bastion of economic stability, faced a sudden chill as fears of an impending recession sent stocks into a tailspin. $Dow Jones Industrial Average (.DJI.US)$, $S&P 500 Index (.SPX.US)$, and the tech-heavy $NASDAQ (NASDAQ.US)$ —all shuddered under the weight of economic uncertainty.
Meanwhile, in Japan, the $Nikkei 225 (.N225.JP)$ didn't just fall; it nosedived, echoing the financial tremors of 1987. The yen (JPY), once the currency of choice for carry trade profits, became a wildcard in a game where the stakes were sky-high. The Japanese market, known for its resilience, once turned into a stage for panic. Read more>>
Amidst the tumult of August 6th, when the markets rebounded from that historic panic, a group of investors in moomoo made headlines for profiting from it. As $Super Micro Computer (SMCI.US)$ reported earnings that missed the mark, sending its stock into a nosedive, those who sold SMCI PUT options found themselves with a winning hand. This quick turn of events is a masterclass in market timing and the foresight to exploit a market's overreaction. We explore how a savvy few turned a market's stumble into their own financial stride. Let's dive in:
@C Bernard: Intel PUT option gain.
@ForeverBean: I know it won't last till opening, but at least I got the screenshot. Good memory
@tehbing: Exited shorts! THX NVDA; options and shares out! fight another day
@103164413: when people are fearful be greedy
Let's give a round of applause to these warriors! 👏👏
BUT, the fluctuation can also cause damage (of course).
The central US market is under the expectation of recession, so there's a widespread difficulty for all investors. Investment is not a simple calculation, so take your time & step by step.
We're all in this together. Share your thoughts in moomoo community from every trade, to gain insights and navigate the market flow more wisely.
Which is the most suitable stock to do the options trading?
Share the stock and tell us the reasons. We will pick 10 Top comments and give each of the winners a reward of 200 points!
The market is embracing panic, which will also magnify the profit from options trading. Experience US options trading in moo for $0 brokerage, with free Nvidia shares as a gift now!
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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102362254 : Amazon is ideal for my options trading strategy due to its high liquidity, enabling easy transactions with minimal price impact. With frequent price fluctuations and a strong presence in e-commerce and cloud computing, Amazon offers numerous trading opportunities. Its earnings reports also frequently lead to significant stock movements, making it strategically attractive for options trading amidst market dynamics and liquidity advantages.
104371487 On Paris : THANKS YOU THIS