I opened $McDonald's(MCD)$ ,I am continuing to increase my position in McDonald's stock. Although it has been declining recently, I believe that McDonald's, as a consumer staple, has a strong moat and a relatively high price floor. If it continues to drop, I will keep adding to my position.
I opened $Valley National(VLY)$ ,I purchased VLY stock because I found the current price to be an attractive entry point. Additionally, I have confidence in the bank's potential for growth.
GameStop (GME)On Monday, GME options ranked #9 in total trading volume across all stocks/ETFs with 689k contracts traded, up 74%. Notably, while call open interest grew just 8.4%, put OI spiked 84.3%!The trading data suggests Monday's premarket pop was driven by the underlying stock, as call options traded very cautiously - clearly failing to meet market makers' expectations. While put volume surged, there wasn't major initiation from a strike perspective.Top 3 calls opened:$GME 20240517 34 CALL$ +17,397$GME 20240621 40 CALL$ +4,727$GME 20240524 34 CALL$ +3,379While new strikes aren't capture
AsianFin--The U.S. government on Thursday added 37 Chinese entities to its trade blacklist, citing national security concerns, with 11 of them accused of being connected with a suspected spy balloon that flew over sensitive areas of the United States last year. Entities listed, including companies, research institutions, and others, face restrictions on engaging in business with U.S. firms. Prior approval from the U.S. Commerce Department is required for U.S. entities to acquire goods and technologies from these Chinese entities. Out of the 37 listed, 22 are included due to their involvement in China's quantum technology advancements and their attempts to procure U.S.-origin items to enhance the country's quantum capabilities, according to BIS. Additionally, some entities are linked to dev