Option Movers | Intel's $120 Call Soars 213%; Galaxy Digital Sees 92% Call Options
Market Overview U.S. stocks ended mostly higher on Monday (June 8), led by gains in the Nasdaq and chipmakers as investors sought bargains after Friday's sharp selloff. Regarding the options market, a total volume of 60,667,966 contracts was traded, down 36.2% from the previous trading day. Top 10 Option Volumes Top 10: $TSLA(TSLA)$, $NVDA(NVDA)$, $AAPL(AAPL)$, $MSFT(MSFT)$, $VIX(VIX)$, $AMZN(AMZN)$, $INTC(INTC)$, $MU(MU)$,
Chewy Q1 2026 Earnings Preview: Focus on Margin Resilience Over Volume Amid Sluggish Pet Industry Trends
Chewy (CHWY) is scheduled to report its fiscal Q1 2026 financial results pre-market on Wednesday, June 10, 2026. The stock comes into this print looking quite beaten down—trading more than 40% off its 52-week highs (sitting in the mid-$20s)—yet its fundamental underlying story remains a battleground over margin expansion vs. a slowing pet industry macro environment. Management previously flagged Q1 as likely being the low point of the year for both revenue growth and profitability, which sets up an intriguing risk/reward dynamic. Key Consensus Estimates Net Sales: Expected around $3.35 billion, representing roughly 7.5% year-over-year growth. Earnings Per Share (EPS): Wall Street consensus sits at $0.39. Chewy has a history of meaningful bottom-line surprises, beating expectations by more
Oracle Fiscal Q1 2026 Earnings Preview: Can Cloud Momentum Defy High Valuation Hurdles?
$Oracle(ORCL)$ is scheduled to report its fiscal fourth-quarter 2026 results on Wednesday, June 10, after the market close. This is a highly anticipated print. Oracle has transformed from a legacy database software giant into a primary beneficiary of the AI infrastructure boom, causing the stock to rally aggressively. However, heavy capital expenditure (CapEx) needs and recent debt jitters have created a highly volatile trading environment heading into the release. Consensus Estimates & Expectations Wall Street has set a high bar for Oracle this quarter, projecting accelerated top- and bottom-line expansion: Revenue: Expected at $19.1 billion (up ~20% year-over-year). Earnings Per Share (EPS): Expected at $1.96 (up 15.3% year-over-year). Impli
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Global Market Outlook | When the Jobs Market Broke the AI Trade
Issued: June 8, 2026 Period Covered: June 2, 2026 → June 6, 2026 I. One Jobs Report Did Three Things in One Day On June 5, the Bureau of Labor Statistics reported May nonfarm payrolls surged by 172,000 — nearly double the 88,000 consensus estimate. Unemployment held at 4.3%. One report. One day. Three structural consequences: Ended the 9-week winning streak. S&P 500 fell 2.6% for the week. Nasdaq tumbled 4.5% — its worst week since April 2025. Triggered a tech-to-value rotation. On June 4, the Dow hit a record 51,561 (+874 points) while the Nasdaq fell 0.09% on the same day. On June 5, Nasdaq crashed 4.18% while the Dow lost only 1.35%. Moved "rate hike" from discussion to market pricing. 10Y yields spiked immediately. High-multiple tech absorbed the full blow. CNBC: "The jobs report d
AI stocks have been one of the market’s hottest trades. Some investors think the trade is already too crowded. Others believe we are still in the early innings of a much bigger AI cycle. $NVIDIA(NVDA)$ is still the clear king of the chip empire, with the largest market cap in the group and a forward P/E of 23.00x. $Micron Technology(MU)$ even after a huge rally, sits at just 14.88x forward earnings. Meanwhile, $Intel(INTC)$ stands out on the other end, with a forward P/E as high as 156.72x. How to join: Comment below with your view on AI stock valuations If you had to pick, are AI stocks cheap or overpriced right now?
$Direxion Bull(MUU)$ I was never affected by Friday’s sell-off because my confidence in Micron was never built on one trading day. Short-term price movement does not shake me when the bigger thesis remains intact. I understand that semiconductor stocks are volatile, especially when the market reacts emotionally, but volatility is not the same as weakness. That is why I bought 600 shares. I did not buy because I wanted a quick rebound. I bought because I believe Micron is positioned in one of the most important parts of the AI infrastructure cycle: memory. Everyone talks about chips and GPUs, but AI also needs DRAM, HBM, and storage. Without memory, the AI buildout cannot scale properly.
$ASML 20260918 1640.0 CALL$ Last Friday, Chip related stocks had a huge sell off. QQQ were down over 4%. One of the biggest sell off so far this year. That created some great opportunities to get into positions and that's what I did with ASML. Managed To buy a call position just before market closes. Today with the chip sector rebounding, this has also send ASML back up, trending almost 7% as am writing this post. 🍀. 🤞. Thank you.
$NVIDIA(NVDA)$ for the long term. It had been retracing last week and now back to its uptrend. Will be watching Its uptrend path before activating the Cover Call wheel strategy again.
Was it right to say that nobody saw the Friday crash coming ? The debate is still out there. One thing for certain, it was a bloodbath last Fri, 05 Jun 2026. (see below) On Friday itself, the 3 major indexes all fell ‘big’ time: (see above) DJIA : -1.35% (-695.15 to 50,866.78). S&P 500: -2.64% (-200.57 to 7,383.78). Nasdaq: -4.18% (-1,121.526 to 25,709.432) For the first week of June 2026, the 3 major indexes fared as such: DJIA: -0.58% (-294.32 to 50,866.78). S&P 500: -2.62% (-198.55 to 7,383.74). Nasdaq: -4.61% (-1,243.15 to 25,709.43) The press has partially & indirectly attributed the US economic reports for the week on market’s fall. Is this a fair statement, I wonder? Last week’s US economic reports : 01 Jun 2026 - ISM Manufacturing PMI for May 2026. 02 Jun 2026 - Jobs op
$Intuitive Surgical(ISRG)$ $Intuitive Surgical, Inc.(ISRG) Rallies +0.77%: Technical Rebound Above $420, But $490 Resistance Looms 📈 Latest Close Data: 🕐 Closed at $422.06 on 2026-06-08, up +0.77%. The stock is still ~30% below its 52-week high of $603.88. Core Market Drivers: 💡 The broader medical device sector showed strength, providing positive tailwinds for ISRG. The stock is experiencing a technical rebound from recent oversold levels, though it remains under pressure from concerns about competition in China and a previous FDA product recall. Technical Analysis: 📊 Volume (277.56K shares) was below average, indicating a lack of strong conviction in the rebound. RSI(6) at 50.91 has moved out of the oversold zone (<30) and is now neutral, sug
$Best Buy(BBY)$ $Best Buy Co., Inc.(BBY) Consolidates Near $71.5: High Dividend Yield and Strong Q1 Fueling Rebound Momentum 📈 Latest Close Data 🕒 Closed at $71.54 (pre-market, 06/08/2026), up +0.77% from previous close of $70.99. The price is ~15.8% below its 52-week high of $84.99. Core Market Drivers 📰 The stock is buoyed by a strong Q1 FY2027 earnings beat, with revenue and EPS exceeding expectations. Robust same-store sales growth of 2.0% and expansion into higher-margin advertising & e-commerce platforms are key catalysts. General market rotation into value and "old tech" stocks also provides a supportive backdrop. Technical Analysis 📊 Volume was modest at 3.9M shares (Volume Ratio 0.62), indicating consolidation rather than a breakout. T
$Wynn(WYNN)$ $Wynn Resorts Ltd (WYNN) Consolidates Near $104.5: A High-Stakes Breakout Pending Above $112 📈 Latest Close Data 🕐 Closed at $104.48 (pre-market), up +0.85% on 6/8. The stock remains ~22.5% below its 52-week high of $134.72. Core Market Drivers 🎰 The gaming sector is navigating a mixed macro environment, balancing strong consumer spending in leisure against potential economic headwinds. Wynn's recent price action reflects a consolidation phase following a -5.47% drop in early May, with investors weighing its premium resort positioning against broader market volatility. Technical Analysis 📊 Volume of 1.38M shares shows average activity (Volume Ratio: 1.04). The MACD indicator is bullish, with the DIF (0.471) crossing above the DEA (-0.