Unusual Options talks?(7.5)It's META's time!

On July 5th, the first trading day after the US Independence Day holiday, the release of the important US Federal Reserve Minutes dominated the market. The overall hawkish sentiment had already been demonstrated by Chairman Powell during the post-meeting press conference, so the market wasn't too surprised. Some committee members supported a 25 basis point rate hike, and the dot plot indicated two more rate hikes before the end of the year. Fed officials raised the median expectation for the peak interest rate by 50 basis points to 5.6% in their economic outlook, which is slightly higher than the current market pricing.

The market's reaction to these minutes was not particularly intense, but it implied that the market has been "overbought" and there is some pressure for a pullback. With major tech stocks having already experienced a round of gains, the overall market performance is relatively mixed. $S&P 500(.SPX)$

$Tesla Motors(TSLA)$ saw a slight increase of 0.95% due to positive news such as better-than-expected sales and increased partnerships. This kind of price increase is favorable for previous put-selling orders, and it may cause some tension for investors who chased the stock higher and got caught in a Gamma Squeeze. However, the current situation is not at the point of collapse.

The semiconductor sector experienced a collective pullback, which needs to be observed for a few more days.

$Meta Platforms, Inc.(META)$ is the main support for the tech sector because it launched the Thread product, which is comparable to Twitter. The impact of this product requires further attention over time, but for now, investor sentiment is quite high, and there is even selling of META puts with very low implied volatility. After all, breaking through $300 for META is just a matter of time, but investors are unsure of the pace of its rise.

In other unusual large transactions, there is news of a acquisition for $Fidelity National Information(FIS)$ GRNC plans to acquire its Merchant Solutions business, with an estimated valuation of $15-20 billion. As a result, the company has seen a considerable increase in the past few days, and there are large covered orders at the $70 level, which is likely to act as a resistance.

Furthermore, $Netflix(NFLX)$ is about to release its financial report. The company's advertising business is reportedly better than expected, which is why investors have been optimistic about it recently, leading to significant large transactions.

In the electric vehicle sector, apart from Tesla, Rivian Automotive, Inc. (RIVN) has also shown strong performance due to better-than-expected deliveries. There have also been significant end-of-day large transactions involving selling PUTs at parity.