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Weekly Five Key Areas: Macro, Singapore Stocks, Options, Futures, Earnings
Covering five major market segments this week to help you stay ahead of market trends and plan your trades effectively!
📈 Wednesday — Options Market
Wall Street rose on Monday, fueled by expectations of a December Fed rate cut. Total options volume was 54.4 million contracts. Tesla surged 6.8% after Elon Musk announced progress on its in-house AI chips, with 3.59 million options traded (58% calls). High volume was seen in the $420 call expiring Nov 28. Alphabet jumped 6.3%, becoming the third-largest U.S. company by market cap. Its options volume reached 1 million contracts (64% calls), with notable activity in the $320 call expiring Nov 28. NVIDIA and Apple remained among the most actively traded options.
📌【Today’s Question】
Google hit a new all-time high last night. What are your thoughts on the future performance of US tech stocks? Share your opinions in the comments!
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