Hello everyone! Today I want to share some option strategies with you!1.Sold a credit call spread on $S&P 500(.SPX)$ - Oct 24 exp 4285/4290 strikes. Taking advantage of this strong upwards move this morning. Selling just under 1.0% away from underlying's current price (which if the short strike was hit would mean SPX had a 1.7-1.8% move for the day, which seems lower probability)Image2.Here is the updated expected move price levels for $Alphabet(GOOGL)$ . Move still pegged at ~5%, but levels have obviously moved up with underlying's price action moving up. We have Nov 17 exp 149 strike covered calls in play. Selfishly would love to see GOOGL trade flat or take a dive post-earnings, but we know many a

The Fed's third in command, William Williams, forecast that interest rates are expected to be cut next year, and as the U.S. economy may be heading for a soft landing, the U.S. Treasury interest rate curve is getting steeper, and the main indexes of U.S. stocks closed higher on Monday (7).Alphabet and Meta led gains in communications services, offsetting losses in Apple. Apple's market value continued to fall below $3 trillion as it reported slowing iPhone sales last quarter. Warren Buffett's Berkshire shares hit a record high after a stellar earnings report.Tesla shares plunged as much as 4.4% after the surprise departure of the company's CFO. Large options orders indicate the stock price may be below 247.5 this week

Wall Street ended a three-week winning streak as investors digested worse-than-expected Apple earnings and a mixed July payrolls report.Apple plunged 4.8%, its biggest one-day drop in 10 months, wiping more than $160 billion off its market value overnight, while Amazon surged 8.3%, Posting its best day since November 10, 2022.Major U.S. indexes finished the week with the Dow Jones down 1.1 percent for the week. The S&P was down 2.27 percent for the week, and the index fell 2.85 percent, its worst weekly performance since March.In July, the number of non-farm employment in the United States increased by 187,000, less than the expected 200,000, the smallest increase since December 2020, and the unemployment rate was 3.5%, which was also lower than the forecast and the previous value of 3

The familiar story has returned, and it was unexpected that the short play of Wall Street was renewed again in the third quarter of 2023, rewriting the legend.A quick rundown of the first two seasons. After the FOMC meeting on February 2, some people bought 50,000 lots of xlf puts $XLF 20230616 32.0 PUT$ , holding it for more than a month, and rolling profits after the banking crisis erupted and the government announced its intervention. He used the macro pressure generated by the FOMC to cover up an early positioning of small bank stocks.The problem is, if I can see a problem, can't people in the government see it? So in May, after two months of preparation, the SEC announced that it would pursue any form of misconduct tha

Risk markets were also dampened by a rise in the US 10-year Treasury rate, the anchor of global asset pricing, above 4 per cent, the highest since November. U.S. stocks ended lower on Thursday as investors remained cautious ahead of a fresh batch of corporate earnings and non-farm payrolls data.Technology stocks pared some losses as investors bought semiconductor stocks on dips. Energy stocks moved higher as oil prices found support after Saudi Arabia extended production cuts again.Qualcomm's latest earnings were poor, with its shares plunging more than 8 percent and PayPa tumbling more than 12 percent, and the company's adjusted operating margin was 21.4 percent last quarter, worse than the previous quarter's performance. Amazon on Thursday reported second-quarter profit and revenue that

International credit rating agency Fitch downgraded the United States from its top rating, AAA, to AA+, dampening investor appetite for risky assets. Separately, prices for U.S. government debt fell after the ADP employment report showed far more jobs were created in July than expected.The ADP employment report showed the U.S. private sector added a seasonally adjusted 324,000 jobs in July, well above economists' expectations of 190,000 but down from June's 497,000 gain.However, due to the "small non-farm" data and the subsequent non-farm data "contradictory", so after the release of the data did not cause significant market fluctuations. Some media pointed out that the ADP data fundamentally can not be looked at together with non-agricultural; The two sets of data can only look at their o

The Dow hit 35,679.13 on Tuesday, its highest intraday level since February 2022. Caterpillar (CAT), known as the canary in the boom, beat second-quarter earnings expectations and its shares closed up nearly 9 percent, their biggest one-day gain since March 2020.Pfizer's earnings sent health care stocks lower. Uber plunged 5.68 percent, Uber's operating profit finally turned positive, but its third-quarter guidance missed analysts' expectations, and Norwegian Cruise Line also gave a poor outlook, dragging down cruise stocks.On the data front, U.S. JOLTs job openings fell more than expected to about 9.58 million in June from 9.61 million in May, and the labor market appears to be slowing, which is likely to be welcomed by the Fed and reinforce expectations that interest rate hikes are unlik

U.S. stocks closed higher on Monday, led by gains in energy shares as the market continued to focus on corporate earnings and awaited July payrolls data. The Dow rose 3.2 percent, its second straight monthly gain. The Nasdaq rose more than 0.2% for a monthly gain of 4.05%, while the S&P edged up 0.15% for a monthly gain of 3.12%, marking its fifth consecutive month of gains and its longest winning streak since 2021.Following Microsoft's better-than-expected earnings this week, Apple, Amazon and Qualcomm will release their latest earnings this week, and large tech stocks will continue to be the focus of investors, while waiting for the release of non-farm payrolls data this week.Hopes of a soft landing for the U.S. economy have surged in recent weeks as economic data showed continued st

U.S. stocks opened higher and lower on Thursday, with financials and airlines weaker, as the fear gauge, the VIX, surged the most since May.The Dow snapped a 13-session winning streak, while the S&P and S&P fell more than 0.5 percent and the Dow bucked the trend, rising 1.86 percent. The 10-year Treasury yield hit 4 percent and the yen rose.After the Fed raised interest rates by 25 basis points on Wednesday as expected, the European Central Bank announced on Thursday to raise three main interest rates by 25 basis points, of which the most important deposit rate increased to 3.75%, reaching a new high since 2001, European Central Bank President Christine Lagarde said at the press conference after the meeting that the future interest rate decision is determined by economic data.Micro

On Thursday, the Federal Reserve raised interest rates by 25 basis points as expected, Chairman Bauer left the door open for future rate hikes, investors digested a fresh batch of earnings, and Microsoft led technology shares down amid a mix of bearish and bearish news.A 14-day winning streak on Thursday would tie the longest winning streak since June 1897, set about a year after the Dow was founded in May 1896.Social media leader Meta's second-quarter revenue rose 11 percent, beating market expectations. It also gave an encouraging third-quarter forecast and said its new short-form video feature Reels is successfully attracting advertisers, sending its shares up nearly 7 percent in premarket trading on Thursday.Intel will release its earnings report after the closing bell on Thursday, and

Markets focus on the Fed's latest interest rate decision. Tech companies such as Meta and Qualcomm will report quarterly earnings. The Federal Reserve will announce the resolution at 2 o 'clock on Thursday, 30 minutes after the press conference, the market is widely expected to raise interest rates by 25 basis points, so that the interest rate reached a 22-year high, which represents the benchmark interest rate will reach 5.25-5.50%, is the Fed since the beginning of 2022 so far the 11th rate increase, and Chairman Bauer's press conference will be the focus of observation.Microsoft reported lackluster fourth-quarter sales growth after the bell on Tuesday, due to slowing demand for cloud computing, and its revenue outlook for the current quarter fell short of market expectations, sending it

AbstractThe recession expectations makes the market's outlook for first-half advertising revenue rather pessimistic, making it easier for advertising performance to beat. $Alphabet(GOOGL)$ YouTube business has experienced growth under short video competition, affirming the rise in Shorts' market share. Google Cloud maintains a relatively high growth rate, surpassing Microsoft Azure's single-quarter growth rate for the first time since Q3 2021. Margins have reached new highs due to cost reductions and increased efficiency, with gross margins peaking at 2021 levels, leading to an improved annual outlook. The market perceives that Google may monetize AI earlier than Microsoft.July 25th, after-market trading, $

The Dow Jones industrial average closed in the red for an 11th straight session, its longest winning streak since February 2017, kicking off a busy week ahead of an important earnings week and super Central bank week.Energy stocks led the rally as oil prices rose to April highs on stronger-than-expected earnings from Chevron and bets on tighter market conditions due to OPEC production cuts.KeyCorp and other regional banks have recently released financial results showing stable deposits, boosting market sentiment, and regional banks are currently in rebound mode.The Fed's rate decision on Wednesday will be followed by the European Central Bank and the Bank of Japan. In particular, markets will be paying attention to what Fed Chair Power and European Central Bank President Christine Lagarde

Many people believe that Elon Musk's actions of changing Twitter's logo and renaming it as "X" are somewhat eccentric and have been taken lightly by many, even making fun of it (including its parody accounts). Also, Jim Cramer from Wall Street made a significant counterargument. There are also comparisons drawn between this move and Facebook's 2021 name change to $Meta Platforms, Inc.(META)$ which some see as a deliberate attempt to mystify things.However, it must be acknowledged that ever since the rebranding to Meta, the overall style has undergone a transformation. After experiencing the iOS privacy debacle and two consecutive underperformances in early 2022, Mark Zuckerberg realized the truth of "not being too polite with analysts." Unable to

Bullish Option Strategies Are Betting That Big Tech Stocks Will Grind Higher Some options investors are betting big tech’s prices to grind higher rather than wild swings ahead of their earnings this week. On Friday, a buyer made a bet on Amazon's stock price by purchasing 2,300 September $135 calls wh ile selling roughly 4,600 September calls with a strike price of $150, paying a net premium of about $460,000. The buyer is betting that the shares might rise from their current level around $130 but not exceed $150 by too much. If the stock price goes above $150, the potential profit from this bet will decrease and could eventually result in a loss. Analysts have noticed similar trades in other big tech names last week, including Microsoft, which saw a set of September call options with

This week, the market will focus on the US Federal Reserve's interest rate meeting, and technology giants and heavyweights such as Microsoft, Amazon, Alphabet and Meta will release quarterly earnings.Last week, gains in blue-chip stocks including Intel, Procter & Gamble, Nike and Chevrolet propelled the Dow to its 10th straight day of gains, the index's longest winning streak in nearly six years and a sign that the rally is spreading beyond a handful of chip makers and technology companies to other parts of the economy such as health care, airlines, energy and banking.As the rotation has accelerated, the worst-performing sectors in the S&P 500 this year, such as utilities, health care, financials and energy, have led the rally so far this month. Healthcare and financial stocks rose

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Former Federal Reserve Chairman Ben Bernanke said the Fed's interest rate hike next week could be the last in the current tightening cycle and that U.S. inflation will fall steadily over the next six months, returning to around 3 percent early next year.The Nasdaq 100 will undergo a "special rebalance" before the market opens next Monday, July 24, and Friday is the last trading day before the correction, which could bring market volatility.Min Moon, strategist at jpmorgan, estimates that the reform will boost the influence of smaller components and could see two-way trading of $60bn.According to survey data released by the American Association of Individual Investors (AAII) on Thursday (20th), the proportion of retail investors who think U.S. stocks will be higher in six months jumped to 5

Tesla and Netflix each fell 8% to become the trigger for this market correction. There is no hard damage in the earnings report, but the release time just before the index adjustment and FOMC, the market has a pullback demand. The FOMC meeting next Thursday, July 27, is likely to raise interest rates for the last time, and the dollar has rebounded after falling to a low point.So what is the target of this pullback? Two orders caught my eye:sell $MSFT 20230804 365.0 CALL$sell $CRM 20230804 245.0 CALL$I think the seller weight is greater than the buyer weight in the big options order, because the margin pressure is so muc