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carnivalriot
2022-02-07
Wow
Some Blockchain Stocks Soared in Morning Trading
carnivalriot
2022-02-07
Like please! 👍🏼
EV Stocks Rose in Morning Trading
carnivalriot
2021-09-13
Please like ??
Hot chinese concept stocks dipped in morning trading
carnivalriot
2021-07-05
Amazin Amazon. Please comment and like ?
Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.
carnivalriot
2021-06-24
Kachingz [Allin]
Visa to buy Swedish fintech start-up Tink for $2.1 billion
carnivalriot
2021-05-12
Comment and like pls :)
Tesla: Beware Of The Unwinding Of The Gamma Squeeze
carnivalriot
2021-05-12
*rubs alibaba genie lamp*IN JACK MA WE TRUST!
Cathie Wood Can't Get Enough Of These 3 Chinese Alibaba Rivals
Go to Tiger App to see more news
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","listText":"Wow ","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098777295","repostId":"1148872178","repostType":4,"repost":{"id":"1148872178","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1644245596,"share":"https://ttm.financial/m/news/1148872178?lang=&edition=fundamental","pubTime":"2022-02-07 22:53","market":"us","language":"en","title":"Some Blockchain Stocks Soared in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1148872178","media":"Tiger Newspress","summary":"Some Blockchain Stocks soared in morning trading. 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SOS Ltd, Riot Blockchain, Marathon Digital, Bit Digital, Coinbase and Canaan rose between 5% and 12%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":351,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098777365,"gmtCreate":1644245673166,"gmtModify":1676533903920,"author":{"id":"3562301015043190","authorId":"3562301015043190","name":"carnivalriot","avatar":"https://static.tigerbbs.com/233b102b2a1db5b10dd3bd090dae0949","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3562301015043190","authorIdStr":"3562301015043190"},"themes":[],"htmlText":"Like please! 👍🏼 ","listText":"Like please! 👍🏼 ","text":"Like please! 👍🏼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098777365","repostId":"1186876974","repostType":4,"repost":{"id":"1186876974","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1644245081,"share":"https://ttm.financial/m/news/1186876974?lang=&edition=fundamental","pubTime":"2022-02-07 22:44","market":"us","language":"en","title":"EV Stocks Rose in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1186876974","media":"Tiger Newspress","summary":"EV stocks rose in morning trading, with Tesla, Rivian, NIO, Xpeng, Fisker and Arrival rising from 2 ","content":"<html><head></head><body><p>EV stocks rose in morning trading, with Tesla, Rivian, NIO, Xpeng, Fisker and Arrival rising from 2 to 4%.<img src=\"https://static.tigerbbs.com/7a9d27c437985a03bc85e29abf014cd3\" tg-width=\"382\" tg-height=\"517\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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","listText":" Please like ?? ","text":"Please like ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/886983754","repostId":"1170383544","repostType":4,"repost":{"id":"1170383544","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1631542185,"share":"https://ttm.financial/m/news/1170383544?lang=&edition=fundamental","pubTime":"2021-09-13 22:09","market":"us","language":"en","title":"Hot chinese concept stocks dipped in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1170383544","media":"Tiger Newspress","summary":"Hot chinese concept stocks dipped in morning trading.Alibaba,Pinduoduo,JD.COM,Baidu,DIDI,Bilibili,RL","content":"<p>Hot chinese concept stocks dipped in morning trading.Alibaba,Pinduoduo,JD.COM,Baidu,DIDI,Bilibili,RLX Technology and Tencent music between 1% and 9%.</p>\n<p><img src=\"https://static.tigerbbs.com/634dbf9be8ba7edcb7ca8b9b2e7f1e6a\" tg-width=\"362\" tg-height=\"715\" width=\"100%\" height=\"auto\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot chinese concept stocks dipped in morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot chinese concept stocks dipped in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-13 22:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hot chinese concept stocks dipped in morning trading.Alibaba,Pinduoduo,JD.COM,Baidu,DIDI,Bilibili,RLX Technology and Tencent music between 1% and 9%.</p>\n<p><img src=\"https://static.tigerbbs.com/634dbf9be8ba7edcb7ca8b9b2e7f1e6a\" tg-width=\"362\" tg-height=\"715\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度","DIDI":"滴滴(已退市)","PDD":"拼多多","TME":"腾讯音乐","BABA":"阿里巴巴","RLX":"雾芯科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170383544","content_text":"Hot chinese concept stocks dipped in morning trading.Alibaba,Pinduoduo,JD.COM,Baidu,DIDI,Bilibili,RLX Technology and Tencent music between 1% and 9%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154183072,"gmtCreate":1625489446396,"gmtModify":1703742587554,"author":{"id":"3562301015043190","authorId":"3562301015043190","name":"carnivalriot","avatar":"https://static.tigerbbs.com/233b102b2a1db5b10dd3bd090dae0949","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3562301015043190","authorIdStr":"3562301015043190"},"themes":[],"htmlText":"Amazin Amazon. Please comment and like ?","listText":"Amazin Amazon. Please comment and like ?","text":"Amazin Amazon. Please comment and like ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/154183072","repostId":"1157317474","repostType":4,"repost":{"id":"1157317474","kind":"news","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8 <a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128263386,"gmtCreate":1624519004345,"gmtModify":1703839128572,"author":{"id":"3562301015043190","authorId":"3562301015043190","name":"carnivalriot","avatar":"https://static.tigerbbs.com/233b102b2a1db5b10dd3bd090dae0949","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3562301015043190","authorIdStr":"3562301015043190"},"themes":[],"htmlText":"Kachingz [Allin] ","listText":"Kachingz [Allin] ","text":"Kachingz [Allin]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128263386","repostId":"1138132786","repostType":4,"repost":{"id":"1138132786","kind":"news","pubTimestamp":1624518924,"share":"https://ttm.financial/m/news/1138132786?lang=&edition=fundamental","pubTime":"2021-06-24 15:15","market":"us","language":"en","title":"Visa to buy Swedish fintech start-up Tink for $2.1 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1138132786","media":"cnbc","summary":"ONDON —Visahas agreed to acquire Swedish financial technology start-up Tink for 1.8 billion euros ($","content":"<div>\n<p>ONDON —Visahas agreed to acquire Swedish financial technology start-up Tink for 1.8 billion euros ($2.1 billion).\nThe deal comes after the payment giant's bid to buy American fintech firm Plaid was ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/24/visa-to-buy-swedish-fintech-start-up-tink.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Visa to buy Swedish fintech start-up Tink for $2.1 billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVisa to buy Swedish fintech start-up Tink for $2.1 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 15:15 GMT+8 <a href=https://www.cnbc.com/2021/06/24/visa-to-buy-swedish-fintech-start-up-tink.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ONDON —Visahas agreed to acquire Swedish financial technology start-up Tink for 1.8 billion euros ($2.1 billion).\nThe deal comes after the payment giant's bid to buy American fintech firm Plaid was ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/24/visa-to-buy-swedish-fintech-start-up-tink.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"V":"Visa"},"source_url":"https://www.cnbc.com/2021/06/24/visa-to-buy-swedish-fintech-start-up-tink.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1138132786","content_text":"ONDON —Visahas agreed to acquire Swedish financial technology start-up Tink for 1.8 billion euros ($2.1 billion).\nThe deal comes after the payment giant's bid to buy American fintech firm Plaid was torpedoed by U.S. regulators.","news_type":1},"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191929777,"gmtCreate":1620835051199,"gmtModify":1704349169524,"author":{"id":"3562301015043190","authorId":"3562301015043190","name":"carnivalriot","avatar":"https://static.tigerbbs.com/233b102b2a1db5b10dd3bd090dae0949","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3562301015043190","authorIdStr":"3562301015043190"},"themes":[],"htmlText":"Comment and like pls :)","listText":"Comment and like pls :)","text":"Comment and like pls :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/191929777","repostId":"1139120087","repostType":2,"repost":{"id":"1139120087","kind":"news","pubTimestamp":1620802870,"share":"https://ttm.financial/m/news/1139120087?lang=&edition=fundamental","pubTime":"2021-05-12 15:01","market":"us","language":"en","title":"Tesla: Beware Of The Unwinding Of The Gamma Squeeze","url":"https://stock-news.laohu8.com/highlight/detail?id=1139120087","media":"seekingalpha","summary":"Tesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.Adverse publicity in China and increasing concern about the safety of Tesla’s FSD option is adding to the downdraft.In the company’s recent earnings call, Tesla CEO, Elon Musk, compared it to the logistics of managing World War 2. His claim was perhaps a slight exaggeration, but it illustrates the point.Despite the low-profit margins and past failed attempts by the likes o","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.</li>\n <li>Adverse publicity in China and increasing concern about the safety of Tesla’s FSD option is adding to the downdraft.</li>\n <li>Intense competition in key markets and construction delay at the German factory do not help.</li>\n <li>Selling pressure could intensify in the second half of the year as call options expire, reversing last year's gamma squeeze.</li>\n</ul>\n<p>The automotive industry is a highly competitive, capital intensive, low margin business at the best of times. It is also a very difficult business to enter. In addition to massive capital requirements, success in the automotive business demands talented and experienced engineers, a network of factories, and powerful logistics to manage the complexities of the supply chain and manufacturing process.</p>\n<p>In the company’s recent earnings call, Tesla (TSLA) CEO, Elon Musk, compared it to the logistics of managing World War 2. His claim was perhaps a slight exaggeration, but it illustrates the point.</p>\n<p>Despite the low-profit margins and past failed attempts by the likes of Bricklin and DeLorean to enter the business, the promised advent of electric cars has produced a new wave of would-be automakers. Investors have piled into shares of these new entrants hoping to duplicate Tesla’s skyrocketing share performance, driving prices into bubble territory.</p>\n<p>However, Tesla’s financial results continue to demonstrate that the electric car business is no different from the rest of the automotive business. As more competition enters the BEV market prices are squeezed until profit margins are razor-thin. After 16 years of losses, Tesla finally reached profitability, not from selling cars, but from selling regulatory credits to other automakers. I think Tesla has clearly demonstrated that from a profitability viewpoint, electric cars are just cars with a different drive-train and the transformation to electric drives does not change the fundamental nature of the automotive business.</p>\n<p>The EV bubble is now deflating, Tesla is down 30% from its January high. Tesla’s would-be imitators have fared even worse, Lordstown Motors (RIDE) is down 73%, Fisker (FSR) -60%, Canoo (GOEV) – 62%. Tesla’s Chinese competitors' share prices are also falling, despite sharply rising sales. NIO (NIO) is down 40% and XPeng (XPEV) and Li Automotive (LIV) have both fallen more than 50%.</p>\n<p>Against this backdrop of falling share prices among EV companies, Tesla is facing a few headwinds of its own including:</p>\n<ul>\n <li>Adverse publicity resulting from quality and safety issues and a public backlash that will probably impact sales in China, its fastest growth market</li>\n <li>Increasing doubts about the safety and capabilities of Tesla’s Full Self Driving option, and the associated liabilities</li>\n <li>Construction delays at the German factory</li>\n <li>Intense competition from legacy automakers in its key markets</li>\n</ul>\n<p>But there is one factor that does not get the same attention in the media but may have an impact on Tesla’s share price in the second half of this year. It is the potential selling pressure from the high volume of “in the money call” options that expire in the next year – The unwinding of the gamma squeeze that some investors claim was the reason why Tesla’s shares reached their astronomical heights last year.</p>\n<p>Option hedging has a significant impact on Tesla’s share price</p>\n<p>Typical trading volumes for TSLA options are around 1 million contracts per day, equivalent to 100 million shares. Share volumes are around 30 million per day, which includes volume generated by market makers option hedging. With those relative volume levels, options trading is certain to have a significant influence on Tesla’s share price.</p>\n<p><b>Delta hedging and the gamma squeeze</b></p>\n<p>When option market makers sell an option, they hedge their exposure by buying shares (or selling if they are exposed to put options). The number of shares they buy or sell (known as Delta) depends on the relative price movement between the option and its underlying share.</p>\n<p>The value of Delta changes with the share price and the time to expiry. The chart below shows how those changes affect the number of shares that the option market makers buy to hedge their call option exposure. Three curves are shown with one-week, four-week, and one-year expiry dates, the X-axis is the share price relative to the option strike price.</p>\n<p><img src=\"https://static.tigerbbs.com/1f6fe1d60b7cacf9eece9460c672dc8f\" tg-width=\"640\" tg-height=\"408\"><i>Variation of option price with share price and expiry: Data sourced from Option Council</i></p>\n<p>Last year, when Tesla shares were hot, a lot of investors bought long-dated “out of the money” call options which would have been delta hedged by the option market makers. The green curve on the chart above is the delta curve for options with a 1-year expiry. As an example, a $400 call contract ($2,000 pre-split) bought a year ago, would have been on the left edge of the green curve, it would have been hedged at the time with the purchase of about 28 shares.</p>\n<p>If the share price had stayed the same over the past year, those shares would have been gradually sold as the delta curve moved towards the orange and blue curves. However, Tesla's share price has risen and is now about 170% of the $400 call option strike price, the delta is 0.98, another 70 shares have been purchased for hedging.</p>\n<p>This additional share buying for hedging is the \"gamma squeeze\". It has been one of the factors driving the price of Tesla shares upwards, and it will be a factor driving the share price down as the squeeze unwinds with the expiry of the options.</p>\n<p><b>Option expiry and the unwinding of the gamma squeeze</b></p>\n<p>As the expiry date approaches, delta tends to a value of 1.00 for in-the-money options and zero for out-of-the-money options. In theory, market makers would like to be holding, at expiry, one share for every ITM call option minus one share for each ITM put option to which they are exposed.</p>\n<p>If the options are held to expiry, they are exercised and the long or short position transfers to the option holder, with no effect on the market. However, most option holders do not hold the option to expiry, many will sell the option before expiry or hedge the position by buying or selling shares.</p>\n<p>Selling an ITM call option that has a delta of close to 1 causes the market maker to sell 100 shares and selling an ITM put option with a delta of close to 1 causes the market maker to buy 100 shares, so an imbalance between open interest in ITM calls and ITM puts will result in a net sale (or purchase)</p>\n<p>If option trading were the only driver of market prices the share price on expiry would trend towards the point where the open interest in ITM calls equals the open interest in ITM puts. I’ll refer to that as the put/call balance point.</p>\n<p><b>The effect of short expiry versus long expiry options</b></p>\n<p>Most weekly options don’t come to the market until 8 weeks before expiry, they tend to be traded at strike prices close to the share price, so the put/call balance point is usually close to the share price, and the impact on expiry is small.</p>\n<p>But the options that have been on the market for longer, the June, September, and January regular options show a strong imbalance between ITM calls and ITM puts, and much higher overall open interest. Option market makers are holding significant long positions to hedge those ITM calls, and those long positions will unwind as the calls approach expiry, releasing millions of shares onto the market.</p>\n<p>Based on data from May 7th, open ITM call interest in the June 18thoptions exceeds ITM put interest by 170,000 contracts (17 million shares), the balance point is at $440 as shown in the chart below:</p>\n<p><img src=\"https://static.tigerbbs.com/f47d2184c62ffb8f38c4cc633baac772\" tg-width=\"640\" tg-height=\"353\"><i>Open interest in Tesla Calls and Puts that are in the money at various share prices: Source data from Options Council, May 7th.</i></p>\n<p>If this theory is correct, as the upcoming June 18thcall option expiry approaches it will tend to push the Tesla share price towards $440 as the gamma squeeze unwinds, creating downward pressure on the share price.</p>\n<p>This does not all happen on options expiry day, open interest in the June ITM calls has been falling steadily since I started keeping records in February, indicating that some investors have been taking profits already.</p>\n<p><b>A falling share price generates downward gamma</b></p>\n<p>In addition to the effects of options expiry, there is the gamma effect as the share price moves up or down. The delta values move up or down their respective curves and option market makers buy or sell options to maintain their hedges. A falling share price generates selling of shares to unwind option hedges for all options, not just the expiring options, and it has the same directional effect for both puts and calls, i.e. selling when the price moves down and buying when the price moves up. This effect will magnify any downward moves, just as it magnified upward moves as Tesla’s share price rose last year.</p>\n<p>If you Google \"gamma squeeze\" you will find many articles describing how heavy call buying forces share prices up, but very few of those articles mention that the gamma squeeze works in both directions.</p>\n<p><b>Summary and Conclusion</b></p>\n<p>There is a large volume of deep-in-the-money call options purchased during Tesla’s share price run-up last year that will expire June 18th. This option expiry may precipitate selling as the option positions are closed and market makers remove their delta hedges. This will put downward pressure on the share price as the options expire. Further downward pressure is likely as the September and January options move towards expiry.</p>\n<p>Options trading is not the only factor that determines share prices but combined with other factors that appear to be pressuring Tesla’s share price at present, I think this would be a good time to take profits if you hold a long position, and don’t be tempted to buy the dip if the share price drops over the next few weeks.</p>\n<p><b>A note about data source and possible inaccuracies</b></p>\n<p>All the information used to develop the charts, calculations, and conclusions in this article has been downloaded fromThe Options Councilwebsite. The information has some flaws which limit the accuracy of the data.</p>\n<p>Option open interest is posted on the site daily before the market opens. The information posted is total open interest, not net open interest. If someone holds a long call and someone else holds a short call of the same strike and expiry, those positions will post as two open interests. That introduces inaccuracy in the data because we don’t know how much of the stated open interest is long and how much is short.</p>\n<p>However, I believe that most of the long-dated deep-in-the-money calls will be long positions and the conclusions are valid.</p>\n<p>I hold a very small position in July puts.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: Beware Of The Unwinding Of The Gamma Squeeze</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: Beware Of The Unwinding Of The Gamma Squeeze\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-12 15:01 GMT+8 <a href=https://seekingalpha.com/article/4427585-tesla-beware-of-the-unwinding-of-the-gamma-squeeze><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.\nAdverse publicity in China and increasing concern about the safety...</p>\n\n<a href=\"https://seekingalpha.com/article/4427585-tesla-beware-of-the-unwinding-of-the-gamma-squeeze\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4427585-tesla-beware-of-the-unwinding-of-the-gamma-squeeze","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1139120087","content_text":"Summary\n\nTesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.\nAdverse publicity in China and increasing concern about the safety of Tesla’s FSD option is adding to the downdraft.\nIntense competition in key markets and construction delay at the German factory do not help.\nSelling pressure could intensify in the second half of the year as call options expire, reversing last year's gamma squeeze.\n\nThe automotive industry is a highly competitive, capital intensive, low margin business at the best of times. It is also a very difficult business to enter. In addition to massive capital requirements, success in the automotive business demands talented and experienced engineers, a network of factories, and powerful logistics to manage the complexities of the supply chain and manufacturing process.\nIn the company’s recent earnings call, Tesla (TSLA) CEO, Elon Musk, compared it to the logistics of managing World War 2. His claim was perhaps a slight exaggeration, but it illustrates the point.\nDespite the low-profit margins and past failed attempts by the likes of Bricklin and DeLorean to enter the business, the promised advent of electric cars has produced a new wave of would-be automakers. Investors have piled into shares of these new entrants hoping to duplicate Tesla’s skyrocketing share performance, driving prices into bubble territory.\nHowever, Tesla’s financial results continue to demonstrate that the electric car business is no different from the rest of the automotive business. As more competition enters the BEV market prices are squeezed until profit margins are razor-thin. After 16 years of losses, Tesla finally reached profitability, not from selling cars, but from selling regulatory credits to other automakers. I think Tesla has clearly demonstrated that from a profitability viewpoint, electric cars are just cars with a different drive-train and the transformation to electric drives does not change the fundamental nature of the automotive business.\nThe EV bubble is now deflating, Tesla is down 30% from its January high. Tesla’s would-be imitators have fared even worse, Lordstown Motors (RIDE) is down 73%, Fisker (FSR) -60%, Canoo (GOEV) – 62%. Tesla’s Chinese competitors' share prices are also falling, despite sharply rising sales. NIO (NIO) is down 40% and XPeng (XPEV) and Li Automotive (LIV) have both fallen more than 50%.\nAgainst this backdrop of falling share prices among EV companies, Tesla is facing a few headwinds of its own including:\n\nAdverse publicity resulting from quality and safety issues and a public backlash that will probably impact sales in China, its fastest growth market\nIncreasing doubts about the safety and capabilities of Tesla’s Full Self Driving option, and the associated liabilities\nConstruction delays at the German factory\nIntense competition from legacy automakers in its key markets\n\nBut there is one factor that does not get the same attention in the media but may have an impact on Tesla’s share price in the second half of this year. It is the potential selling pressure from the high volume of “in the money call” options that expire in the next year – The unwinding of the gamma squeeze that some investors claim was the reason why Tesla’s shares reached their astronomical heights last year.\nOption hedging has a significant impact on Tesla’s share price\nTypical trading volumes for TSLA options are around 1 million contracts per day, equivalent to 100 million shares. Share volumes are around 30 million per day, which includes volume generated by market makers option hedging. With those relative volume levels, options trading is certain to have a significant influence on Tesla’s share price.\nDelta hedging and the gamma squeeze\nWhen option market makers sell an option, they hedge their exposure by buying shares (or selling if they are exposed to put options). The number of shares they buy or sell (known as Delta) depends on the relative price movement between the option and its underlying share.\nThe value of Delta changes with the share price and the time to expiry. The chart below shows how those changes affect the number of shares that the option market makers buy to hedge their call option exposure. Three curves are shown with one-week, four-week, and one-year expiry dates, the X-axis is the share price relative to the option strike price.\nVariation of option price with share price and expiry: Data sourced from Option Council\nLast year, when Tesla shares were hot, a lot of investors bought long-dated “out of the money” call options which would have been delta hedged by the option market makers. The green curve on the chart above is the delta curve for options with a 1-year expiry. As an example, a $400 call contract ($2,000 pre-split) bought a year ago, would have been on the left edge of the green curve, it would have been hedged at the time with the purchase of about 28 shares.\nIf the share price had stayed the same over the past year, those shares would have been gradually sold as the delta curve moved towards the orange and blue curves. However, Tesla's share price has risen and is now about 170% of the $400 call option strike price, the delta is 0.98, another 70 shares have been purchased for hedging.\nThis additional share buying for hedging is the \"gamma squeeze\". It has been one of the factors driving the price of Tesla shares upwards, and it will be a factor driving the share price down as the squeeze unwinds with the expiry of the options.\nOption expiry and the unwinding of the gamma squeeze\nAs the expiry date approaches, delta tends to a value of 1.00 for in-the-money options and zero for out-of-the-money options. In theory, market makers would like to be holding, at expiry, one share for every ITM call option minus one share for each ITM put option to which they are exposed.\nIf the options are held to expiry, they are exercised and the long or short position transfers to the option holder, with no effect on the market. However, most option holders do not hold the option to expiry, many will sell the option before expiry or hedge the position by buying or selling shares.\nSelling an ITM call option that has a delta of close to 1 causes the market maker to sell 100 shares and selling an ITM put option with a delta of close to 1 causes the market maker to buy 100 shares, so an imbalance between open interest in ITM calls and ITM puts will result in a net sale (or purchase)\nIf option trading were the only driver of market prices the share price on expiry would trend towards the point where the open interest in ITM calls equals the open interest in ITM puts. I’ll refer to that as the put/call balance point.\nThe effect of short expiry versus long expiry options\nMost weekly options don’t come to the market until 8 weeks before expiry, they tend to be traded at strike prices close to the share price, so the put/call balance point is usually close to the share price, and the impact on expiry is small.\nBut the options that have been on the market for longer, the June, September, and January regular options show a strong imbalance between ITM calls and ITM puts, and much higher overall open interest. Option market makers are holding significant long positions to hedge those ITM calls, and those long positions will unwind as the calls approach expiry, releasing millions of shares onto the market.\nBased on data from May 7th, open ITM call interest in the June 18thoptions exceeds ITM put interest by 170,000 contracts (17 million shares), the balance point is at $440 as shown in the chart below:\nOpen interest in Tesla Calls and Puts that are in the money at various share prices: Source data from Options Council, May 7th.\nIf this theory is correct, as the upcoming June 18thcall option expiry approaches it will tend to push the Tesla share price towards $440 as the gamma squeeze unwinds, creating downward pressure on the share price.\nThis does not all happen on options expiry day, open interest in the June ITM calls has been falling steadily since I started keeping records in February, indicating that some investors have been taking profits already.\nA falling share price generates downward gamma\nIn addition to the effects of options expiry, there is the gamma effect as the share price moves up or down. The delta values move up or down their respective curves and option market makers buy or sell options to maintain their hedges. A falling share price generates selling of shares to unwind option hedges for all options, not just the expiring options, and it has the same directional effect for both puts and calls, i.e. selling when the price moves down and buying when the price moves up. This effect will magnify any downward moves, just as it magnified upward moves as Tesla’s share price rose last year.\nIf you Google \"gamma squeeze\" you will find many articles describing how heavy call buying forces share prices up, but very few of those articles mention that the gamma squeeze works in both directions.\nSummary and Conclusion\nThere is a large volume of deep-in-the-money call options purchased during Tesla’s share price run-up last year that will expire June 18th. This option expiry may precipitate selling as the option positions are closed and market makers remove their delta hedges. This will put downward pressure on the share price as the options expire. Further downward pressure is likely as the September and January options move towards expiry.\nOptions trading is not the only factor that determines share prices but combined with other factors that appear to be pressuring Tesla’s share price at present, I think this would be a good time to take profits if you hold a long position, and don’t be tempted to buy the dip if the share price drops over the next few weeks.\nA note about data source and possible inaccuracies\nAll the information used to develop the charts, calculations, and conclusions in this article has been downloaded fromThe Options Councilwebsite. The information has some flaws which limit the accuracy of the data.\nOption open interest is posted on the site daily before the market opens. The information posted is total open interest, not net open interest. If someone holds a long call and someone else holds a short call of the same strike and expiry, those positions will post as two open interests. That introduces inaccuracy in the data because we don’t know how much of the stated open interest is long and how much is short.\nHowever, I believe that most of the long-dated deep-in-the-money calls will be long positions and the conclusions are valid.\nI hold a very small position in July puts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":841,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573818563583937","authorId":"3573818563583937","name":"Starbucks","avatar":"https://static.tigerbbs.com/adf9c30b19f3cc477ca4f1198d2c8b81","crmLevel":6,"crmLevelSwitch":1,"idStr":"3573818563583937","authorIdStr":"3573818563583937"},"content":"Monitor and buy the dips! [Miser][Miser]","text":"Monitor and buy the dips! [Miser][Miser]","html":"Monitor and buy the dips! [Miser][Miser]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193243376,"gmtCreate":1620793897395,"gmtModify":1704348513610,"author":{"id":"3562301015043190","authorId":"3562301015043190","name":"carnivalriot","avatar":"https://static.tigerbbs.com/233b102b2a1db5b10dd3bd090dae0949","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3562301015043190","authorIdStr":"3562301015043190"},"themes":[],"htmlText":"*rubs alibaba genie lamp*IN JACK MA WE TRUST! ","listText":"*rubs alibaba genie lamp*IN JACK MA WE TRUST! ","text":"*rubs alibaba genie lamp*IN JACK MA WE TRUST!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193243376","repostId":"1146143312","repostType":2,"repost":{"id":"1146143312","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1620009785,"share":"https://ttm.financial/m/news/1146143312?lang=&edition=fundamental","pubTime":"2021-05-03 10:43","market":"us","language":"en","title":"Cathie Wood Can't Get Enough Of These 3 Chinese Alibaba Rivals","url":"https://stock-news.laohu8.com/highlight/detail?id=1146143312","media":"Benzinga","summary":"Cathie Wood-led Ark Investment Management has recently been heavily buying into three Chinese stocks","content":"<p>Cathie Wood-led Ark Investment Management has recently been heavily buying into three Chinese stocks that are rival to <b>Alibaba Group Holding</b> (NYSE:BABA) in the e-commerce and online groceries space.</p>\n<p>The Jack Ma-led Alibaba has seen its shares slump 21.4% since October last year over troubles with the Chinese government, including the scuttling of the planned initial public offering of fintech subsidiary Ant Group. Alibaba was fined $2.8 billion by China in April as what many perceived to be the end of regulatory troubles for the e-commerce giant.</p>\n<p>Wood's firm continues to hold about 636,894 shares in Alibaba, worth around $147.1 million as of Friday, but it has, in recent months, piled up significantly on stocks of rivals, some of which now account for a better part of its holdings than Alibaba.</p>\n<p><b>Pinduoduo Inc</b> (NASDAQ:PDD): Ark started picking up shares of the Chinese e-commerce giant Pinduoduo in March and has so far picked a total of 1,452,181 shares, worth about $194.5 million, as per Friday's closing.</p>\n<p>The <b>Ark Fintech Innovation ETF</b> (NYSE:ARKF) and the <b>ArkNext Generation Internet ETF</b> (NYSE:ARKW) currently hold the PDD shares.</p>\n<p>The Shanghai-based company is known to be China's largest agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service. Farmers list their fruits and vegetables for direct sale to consumers.</p>\n<p>Shares of Pinduoduo closed 2.59% lower at $133.93 on Friday.</p>\n<p><b>JD.com Inc</b> (NASDAQ:JD): The investment firm holds about 6,064,238 shares, worth about $469.1 million, of the Chinese e-commerce company via four of its funds. These are ARKF, ARKW, the <b>Autonomous Technology & Robotics ETF</b> (BATS:ARKQ) and the <b>Space Exploration & Innovation ETF</b> (BATS:ARKX).</p>\n<p>JD.com is an e-commerce company headquartered in Beijing that runs one of the two massive B2C online retailers in China and is a major competitor to Alibaba-run Tmall.</p>\n<p>JD stock closed 0.6% lower at $77.36 on Friday.</p>\n<p><b>Meituan</b> (OTC:MPNGY): Ark holds 3,264,117 Hong Kong shares of the company, worth about $125.2 million, via ARKF and ARKX.</p>\n<p>The New York-based investment firm had earlier this week said in its research note that it believes Meituan is challenging competitors such as JD Logistics and Alibaba's Cainiao in the last-mile autonomous delivery race.</p>\n<p>“While wider adoption will depend on regulatory approval by district, slower moving robo-delivery vans without passengers probably will have to clear lower safety hurdles than robotaxis that are transporting passengers,” Ark analyst Yulong Cui wrote in a note to investors.</p>\n<p>Meituan had earlier this week raised $10 billion to fund its last-mile autonomous delivery minivan and drone program to counter Alibaba in the grocery arena. After nearly a year of testing, Meituan is launching its next-generation autonomous delivery minivans in Beijing's Shunyi district.</p>\n<p>Meituan OTC shares closed 2.48% lower at $76.64 on Friday.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Can't Get Enough Of These 3 Chinese Alibaba Rivals</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Can't Get Enough Of These 3 Chinese Alibaba Rivals\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-05-03 10:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Cathie Wood-led Ark Investment Management has recently been heavily buying into three Chinese stocks that are rival to <b>Alibaba Group Holding</b> (NYSE:BABA) in the e-commerce and online groceries space.</p>\n<p>The Jack Ma-led Alibaba has seen its shares slump 21.4% since October last year over troubles with the Chinese government, including the scuttling of the planned initial public offering of fintech subsidiary Ant Group. Alibaba was fined $2.8 billion by China in April as what many perceived to be the end of regulatory troubles for the e-commerce giant.</p>\n<p>Wood's firm continues to hold about 636,894 shares in Alibaba, worth around $147.1 million as of Friday, but it has, in recent months, piled up significantly on stocks of rivals, some of which now account for a better part of its holdings than Alibaba.</p>\n<p><b>Pinduoduo Inc</b> (NASDAQ:PDD): Ark started picking up shares of the Chinese e-commerce giant Pinduoduo in March and has so far picked a total of 1,452,181 shares, worth about $194.5 million, as per Friday's closing.</p>\n<p>The <b>Ark Fintech Innovation ETF</b> (NYSE:ARKF) and the <b>ArkNext Generation Internet ETF</b> (NYSE:ARKW) currently hold the PDD shares.</p>\n<p>The Shanghai-based company is known to be China's largest agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service. Farmers list their fruits and vegetables for direct sale to consumers.</p>\n<p>Shares of Pinduoduo closed 2.59% lower at $133.93 on Friday.</p>\n<p><b>JD.com Inc</b> (NASDAQ:JD): The investment firm holds about 6,064,238 shares, worth about $469.1 million, of the Chinese e-commerce company via four of its funds. These are ARKF, ARKW, the <b>Autonomous Technology & Robotics ETF</b> (BATS:ARKQ) and the <b>Space Exploration & Innovation ETF</b> (BATS:ARKX).</p>\n<p>JD.com is an e-commerce company headquartered in Beijing that runs one of the two massive B2C online retailers in China and is a major competitor to Alibaba-run Tmall.</p>\n<p>JD stock closed 0.6% lower at $77.36 on Friday.</p>\n<p><b>Meituan</b> (OTC:MPNGY): Ark holds 3,264,117 Hong Kong shares of the company, worth about $125.2 million, via ARKF and ARKX.</p>\n<p>The New York-based investment firm had earlier this week said in its research note that it believes Meituan is challenging competitors such as JD Logistics and Alibaba's Cainiao in the last-mile autonomous delivery race.</p>\n<p>“While wider adoption will depend on regulatory approval by district, slower moving robo-delivery vans without passengers probably will have to clear lower safety hurdles than robotaxis that are transporting passengers,” Ark analyst Yulong Cui wrote in a note to investors.</p>\n<p>Meituan had earlier this week raised $10 billion to fund its last-mile autonomous delivery minivan and drone program to counter Alibaba in the grocery arena. After nearly a year of testing, Meituan is launching its next-generation autonomous delivery minivans in Beijing's Shunyi district.</p>\n<p>Meituan OTC shares closed 2.48% lower at $76.64 on Friday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MPNGY":"美团ADR","ARKW":"ARK Next Generation Internation ETF","ARKF":"ARK Fintech Innovation ETF","JD":"京东","BABA":"阿里巴巴","ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKX":"ARK Space Exploration & Innovation ETF","03690":"美团-W","09618":"京东集团-SW","09988":"阿里巴巴-W","PDD":"拼多多"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146143312","content_text":"Cathie Wood-led Ark Investment Management has recently been heavily buying into three Chinese stocks that are rival to Alibaba Group Holding (NYSE:BABA) in the e-commerce and online groceries space.\nThe Jack Ma-led Alibaba has seen its shares slump 21.4% since October last year over troubles with the Chinese government, including the scuttling of the planned initial public offering of fintech subsidiary Ant Group. Alibaba was fined $2.8 billion by China in April as what many perceived to be the end of regulatory troubles for the e-commerce giant.\nWood's firm continues to hold about 636,894 shares in Alibaba, worth around $147.1 million as of Friday, but it has, in recent months, piled up significantly on stocks of rivals, some of which now account for a better part of its holdings than Alibaba.\nPinduoduo Inc (NASDAQ:PDD): Ark started picking up shares of the Chinese e-commerce giant Pinduoduo in March and has so far picked a total of 1,452,181 shares, worth about $194.5 million, as per Friday's closing.\nThe Ark Fintech Innovation ETF (NYSE:ARKF) and the ArkNext Generation Internet ETF (NYSE:ARKW) currently hold the PDD shares.\nThe Shanghai-based company is known to be China's largest agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service. Farmers list their fruits and vegetables for direct sale to consumers.\nShares of Pinduoduo closed 2.59% lower at $133.93 on Friday.\nJD.com Inc (NASDAQ:JD): The investment firm holds about 6,064,238 shares, worth about $469.1 million, of the Chinese e-commerce company via four of its funds. These are ARKF, ARKW, the Autonomous Technology & Robotics ETF (BATS:ARKQ) and the Space Exploration & Innovation ETF (BATS:ARKX).\nJD.com is an e-commerce company headquartered in Beijing that runs one of the two massive B2C online retailers in China and is a major competitor to Alibaba-run Tmall.\nJD stock closed 0.6% lower at $77.36 on Friday.\nMeituan (OTC:MPNGY): Ark holds 3,264,117 Hong Kong shares of the company, worth about $125.2 million, via ARKF and ARKX.\nThe New York-based investment firm had earlier this week said in its research note that it believes Meituan is challenging competitors such as JD Logistics and Alibaba's Cainiao in the last-mile autonomous delivery race.\n“While wider adoption will depend on regulatory approval by district, slower moving robo-delivery vans without passengers probably will have to clear lower safety hurdles than robotaxis that are transporting passengers,” Ark analyst Yulong Cui wrote in a note to investors.\nMeituan had earlier this week raised $10 billion to fund its last-mile autonomous delivery minivan and drone program to counter Alibaba in the grocery arena. After nearly a year of testing, Meituan is launching its next-generation autonomous delivery minivans in Beijing's Shunyi district.\nMeituan OTC shares closed 2.48% lower at $76.64 on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":886983754,"gmtCreate":1631543639378,"gmtModify":1676530571918,"author":{"id":"3562301015043190","authorId":"3562301015043190","name":"carnivalriot","avatar":"https://static.tigerbbs.com/233b102b2a1db5b10dd3bd090dae0949","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3562301015043190","authorIdStr":"3562301015043190"},"themes":[],"htmlText":" Please like ?? ","listText":" Please like ?? ","text":"Please like ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/886983754","repostId":"1170383544","repostType":4,"repost":{"id":"1170383544","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1631542185,"share":"https://ttm.financial/m/news/1170383544?lang=&edition=fundamental","pubTime":"2021-09-13 22:09","market":"us","language":"en","title":"Hot chinese concept stocks dipped in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1170383544","media":"Tiger Newspress","summary":"Hot chinese concept stocks dipped in morning trading.Alibaba,Pinduoduo,JD.COM,Baidu,DIDI,Bilibili,RL","content":"<p>Hot chinese concept stocks dipped in morning trading.Alibaba,Pinduoduo,JD.COM,Baidu,DIDI,Bilibili,RLX Technology and Tencent music between 1% and 9%.</p>\n<p><img src=\"https://static.tigerbbs.com/634dbf9be8ba7edcb7ca8b9b2e7f1e6a\" tg-width=\"362\" tg-height=\"715\" width=\"100%\" height=\"auto\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot chinese concept stocks dipped in morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot chinese concept stocks dipped in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-13 22:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hot chinese concept stocks dipped in morning trading.Alibaba,Pinduoduo,JD.COM,Baidu,DIDI,Bilibili,RLX Technology and Tencent music between 1% and 9%.</p>\n<p><img src=\"https://static.tigerbbs.com/634dbf9be8ba7edcb7ca8b9b2e7f1e6a\" tg-width=\"362\" tg-height=\"715\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度","DIDI":"滴滴(已退市)","PDD":"拼多多","TME":"腾讯音乐","BABA":"阿里巴巴","RLX":"雾芯科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170383544","content_text":"Hot chinese concept stocks dipped in morning trading.Alibaba,Pinduoduo,JD.COM,Baidu,DIDI,Bilibili,RLX Technology and Tencent music between 1% and 9%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154183072,"gmtCreate":1625489446396,"gmtModify":1703742587554,"author":{"id":"3562301015043190","authorId":"3562301015043190","name":"carnivalriot","avatar":"https://static.tigerbbs.com/233b102b2a1db5b10dd3bd090dae0949","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3562301015043190","authorIdStr":"3562301015043190"},"themes":[],"htmlText":"Amazin Amazon. Please comment and like ?","listText":"Amazin Amazon. Please comment and like ?","text":"Amazin Amazon. Please comment and like ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/154183072","repostId":"1157317474","repostType":4,"repost":{"id":"1157317474","kind":"news","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8 <a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191929777,"gmtCreate":1620835051199,"gmtModify":1704349169524,"author":{"id":"3562301015043190","authorId":"3562301015043190","name":"carnivalriot","avatar":"https://static.tigerbbs.com/233b102b2a1db5b10dd3bd090dae0949","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3562301015043190","authorIdStr":"3562301015043190"},"themes":[],"htmlText":"Comment and like pls :)","listText":"Comment and like pls :)","text":"Comment and like pls :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/191929777","repostId":"1139120087","repostType":2,"repost":{"id":"1139120087","kind":"news","pubTimestamp":1620802870,"share":"https://ttm.financial/m/news/1139120087?lang=&edition=fundamental","pubTime":"2021-05-12 15:01","market":"us","language":"en","title":"Tesla: Beware Of The Unwinding Of The Gamma Squeeze","url":"https://stock-news.laohu8.com/highlight/detail?id=1139120087","media":"seekingalpha","summary":"Tesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.Adverse publicity in China and increasing concern about the safety of Tesla’s FSD option is adding to the downdraft.In the company’s recent earnings call, Tesla CEO, Elon Musk, compared it to the logistics of managing World War 2. His claim was perhaps a slight exaggeration, but it illustrates the point.Despite the low-profit margins and past failed attempts by the likes o","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.</li>\n <li>Adverse publicity in China and increasing concern about the safety of Tesla’s FSD option is adding to the downdraft.</li>\n <li>Intense competition in key markets and construction delay at the German factory do not help.</li>\n <li>Selling pressure could intensify in the second half of the year as call options expire, reversing last year's gamma squeeze.</li>\n</ul>\n<p>The automotive industry is a highly competitive, capital intensive, low margin business at the best of times. It is also a very difficult business to enter. In addition to massive capital requirements, success in the automotive business demands talented and experienced engineers, a network of factories, and powerful logistics to manage the complexities of the supply chain and manufacturing process.</p>\n<p>In the company’s recent earnings call, Tesla (TSLA) CEO, Elon Musk, compared it to the logistics of managing World War 2. His claim was perhaps a slight exaggeration, but it illustrates the point.</p>\n<p>Despite the low-profit margins and past failed attempts by the likes of Bricklin and DeLorean to enter the business, the promised advent of electric cars has produced a new wave of would-be automakers. Investors have piled into shares of these new entrants hoping to duplicate Tesla’s skyrocketing share performance, driving prices into bubble territory.</p>\n<p>However, Tesla’s financial results continue to demonstrate that the electric car business is no different from the rest of the automotive business. As more competition enters the BEV market prices are squeezed until profit margins are razor-thin. After 16 years of losses, Tesla finally reached profitability, not from selling cars, but from selling regulatory credits to other automakers. I think Tesla has clearly demonstrated that from a profitability viewpoint, electric cars are just cars with a different drive-train and the transformation to electric drives does not change the fundamental nature of the automotive business.</p>\n<p>The EV bubble is now deflating, Tesla is down 30% from its January high. Tesla’s would-be imitators have fared even worse, Lordstown Motors (RIDE) is down 73%, Fisker (FSR) -60%, Canoo (GOEV) – 62%. Tesla’s Chinese competitors' share prices are also falling, despite sharply rising sales. NIO (NIO) is down 40% and XPeng (XPEV) and Li Automotive (LIV) have both fallen more than 50%.</p>\n<p>Against this backdrop of falling share prices among EV companies, Tesla is facing a few headwinds of its own including:</p>\n<ul>\n <li>Adverse publicity resulting from quality and safety issues and a public backlash that will probably impact sales in China, its fastest growth market</li>\n <li>Increasing doubts about the safety and capabilities of Tesla’s Full Self Driving option, and the associated liabilities</li>\n <li>Construction delays at the German factory</li>\n <li>Intense competition from legacy automakers in its key markets</li>\n</ul>\n<p>But there is one factor that does not get the same attention in the media but may have an impact on Tesla’s share price in the second half of this year. It is the potential selling pressure from the high volume of “in the money call” options that expire in the next year – The unwinding of the gamma squeeze that some investors claim was the reason why Tesla’s shares reached their astronomical heights last year.</p>\n<p>Option hedging has a significant impact on Tesla’s share price</p>\n<p>Typical trading volumes for TSLA options are around 1 million contracts per day, equivalent to 100 million shares. Share volumes are around 30 million per day, which includes volume generated by market makers option hedging. With those relative volume levels, options trading is certain to have a significant influence on Tesla’s share price.</p>\n<p><b>Delta hedging and the gamma squeeze</b></p>\n<p>When option market makers sell an option, they hedge their exposure by buying shares (or selling if they are exposed to put options). The number of shares they buy or sell (known as Delta) depends on the relative price movement between the option and its underlying share.</p>\n<p>The value of Delta changes with the share price and the time to expiry. The chart below shows how those changes affect the number of shares that the option market makers buy to hedge their call option exposure. Three curves are shown with one-week, four-week, and one-year expiry dates, the X-axis is the share price relative to the option strike price.</p>\n<p><img src=\"https://static.tigerbbs.com/1f6fe1d60b7cacf9eece9460c672dc8f\" tg-width=\"640\" tg-height=\"408\"><i>Variation of option price with share price and expiry: Data sourced from Option Council</i></p>\n<p>Last year, when Tesla shares were hot, a lot of investors bought long-dated “out of the money” call options which would have been delta hedged by the option market makers. The green curve on the chart above is the delta curve for options with a 1-year expiry. As an example, a $400 call contract ($2,000 pre-split) bought a year ago, would have been on the left edge of the green curve, it would have been hedged at the time with the purchase of about 28 shares.</p>\n<p>If the share price had stayed the same over the past year, those shares would have been gradually sold as the delta curve moved towards the orange and blue curves. However, Tesla's share price has risen and is now about 170% of the $400 call option strike price, the delta is 0.98, another 70 shares have been purchased for hedging.</p>\n<p>This additional share buying for hedging is the \"gamma squeeze\". It has been one of the factors driving the price of Tesla shares upwards, and it will be a factor driving the share price down as the squeeze unwinds with the expiry of the options.</p>\n<p><b>Option expiry and the unwinding of the gamma squeeze</b></p>\n<p>As the expiry date approaches, delta tends to a value of 1.00 for in-the-money options and zero for out-of-the-money options. In theory, market makers would like to be holding, at expiry, one share for every ITM call option minus one share for each ITM put option to which they are exposed.</p>\n<p>If the options are held to expiry, they are exercised and the long or short position transfers to the option holder, with no effect on the market. However, most option holders do not hold the option to expiry, many will sell the option before expiry or hedge the position by buying or selling shares.</p>\n<p>Selling an ITM call option that has a delta of close to 1 causes the market maker to sell 100 shares and selling an ITM put option with a delta of close to 1 causes the market maker to buy 100 shares, so an imbalance between open interest in ITM calls and ITM puts will result in a net sale (or purchase)</p>\n<p>If option trading were the only driver of market prices the share price on expiry would trend towards the point where the open interest in ITM calls equals the open interest in ITM puts. I’ll refer to that as the put/call balance point.</p>\n<p><b>The effect of short expiry versus long expiry options</b></p>\n<p>Most weekly options don’t come to the market until 8 weeks before expiry, they tend to be traded at strike prices close to the share price, so the put/call balance point is usually close to the share price, and the impact on expiry is small.</p>\n<p>But the options that have been on the market for longer, the June, September, and January regular options show a strong imbalance between ITM calls and ITM puts, and much higher overall open interest. Option market makers are holding significant long positions to hedge those ITM calls, and those long positions will unwind as the calls approach expiry, releasing millions of shares onto the market.</p>\n<p>Based on data from May 7th, open ITM call interest in the June 18thoptions exceeds ITM put interest by 170,000 contracts (17 million shares), the balance point is at $440 as shown in the chart below:</p>\n<p><img src=\"https://static.tigerbbs.com/f47d2184c62ffb8f38c4cc633baac772\" tg-width=\"640\" tg-height=\"353\"><i>Open interest in Tesla Calls and Puts that are in the money at various share prices: Source data from Options Council, May 7th.</i></p>\n<p>If this theory is correct, as the upcoming June 18thcall option expiry approaches it will tend to push the Tesla share price towards $440 as the gamma squeeze unwinds, creating downward pressure on the share price.</p>\n<p>This does not all happen on options expiry day, open interest in the June ITM calls has been falling steadily since I started keeping records in February, indicating that some investors have been taking profits already.</p>\n<p><b>A falling share price generates downward gamma</b></p>\n<p>In addition to the effects of options expiry, there is the gamma effect as the share price moves up or down. The delta values move up or down their respective curves and option market makers buy or sell options to maintain their hedges. A falling share price generates selling of shares to unwind option hedges for all options, not just the expiring options, and it has the same directional effect for both puts and calls, i.e. selling when the price moves down and buying when the price moves up. This effect will magnify any downward moves, just as it magnified upward moves as Tesla’s share price rose last year.</p>\n<p>If you Google \"gamma squeeze\" you will find many articles describing how heavy call buying forces share prices up, but very few of those articles mention that the gamma squeeze works in both directions.</p>\n<p><b>Summary and Conclusion</b></p>\n<p>There is a large volume of deep-in-the-money call options purchased during Tesla’s share price run-up last year that will expire June 18th. This option expiry may precipitate selling as the option positions are closed and market makers remove their delta hedges. This will put downward pressure on the share price as the options expire. Further downward pressure is likely as the September and January options move towards expiry.</p>\n<p>Options trading is not the only factor that determines share prices but combined with other factors that appear to be pressuring Tesla’s share price at present, I think this would be a good time to take profits if you hold a long position, and don’t be tempted to buy the dip if the share price drops over the next few weeks.</p>\n<p><b>A note about data source and possible inaccuracies</b></p>\n<p>All the information used to develop the charts, calculations, and conclusions in this article has been downloaded fromThe Options Councilwebsite. The information has some flaws which limit the accuracy of the data.</p>\n<p>Option open interest is posted on the site daily before the market opens. The information posted is total open interest, not net open interest. If someone holds a long call and someone else holds a short call of the same strike and expiry, those positions will post as two open interests. That introduces inaccuracy in the data because we don’t know how much of the stated open interest is long and how much is short.</p>\n<p>However, I believe that most of the long-dated deep-in-the-money calls will be long positions and the conclusions are valid.</p>\n<p>I hold a very small position in July puts.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: Beware Of The Unwinding Of The Gamma Squeeze</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: Beware Of The Unwinding Of The Gamma Squeeze\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-12 15:01 GMT+8 <a href=https://seekingalpha.com/article/4427585-tesla-beware-of-the-unwinding-of-the-gamma-squeeze><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.\nAdverse publicity in China and increasing concern about the safety...</p>\n\n<a href=\"https://seekingalpha.com/article/4427585-tesla-beware-of-the-unwinding-of-the-gamma-squeeze\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4427585-tesla-beware-of-the-unwinding-of-the-gamma-squeeze","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1139120087","content_text":"Summary\n\nTesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.\nAdverse publicity in China and increasing concern about the safety of Tesla’s FSD option is adding to the downdraft.\nIntense competition in key markets and construction delay at the German factory do not help.\nSelling pressure could intensify in the second half of the year as call options expire, reversing last year's gamma squeeze.\n\nThe automotive industry is a highly competitive, capital intensive, low margin business at the best of times. It is also a very difficult business to enter. In addition to massive capital requirements, success in the automotive business demands talented and experienced engineers, a network of factories, and powerful logistics to manage the complexities of the supply chain and manufacturing process.\nIn the company’s recent earnings call, Tesla (TSLA) CEO, Elon Musk, compared it to the logistics of managing World War 2. His claim was perhaps a slight exaggeration, but it illustrates the point.\nDespite the low-profit margins and past failed attempts by the likes of Bricklin and DeLorean to enter the business, the promised advent of electric cars has produced a new wave of would-be automakers. Investors have piled into shares of these new entrants hoping to duplicate Tesla’s skyrocketing share performance, driving prices into bubble territory.\nHowever, Tesla’s financial results continue to demonstrate that the electric car business is no different from the rest of the automotive business. As more competition enters the BEV market prices are squeezed until profit margins are razor-thin. After 16 years of losses, Tesla finally reached profitability, not from selling cars, but from selling regulatory credits to other automakers. I think Tesla has clearly demonstrated that from a profitability viewpoint, electric cars are just cars with a different drive-train and the transformation to electric drives does not change the fundamental nature of the automotive business.\nThe EV bubble is now deflating, Tesla is down 30% from its January high. Tesla’s would-be imitators have fared even worse, Lordstown Motors (RIDE) is down 73%, Fisker (FSR) -60%, Canoo (GOEV) – 62%. Tesla’s Chinese competitors' share prices are also falling, despite sharply rising sales. NIO (NIO) is down 40% and XPeng (XPEV) and Li Automotive (LIV) have both fallen more than 50%.\nAgainst this backdrop of falling share prices among EV companies, Tesla is facing a few headwinds of its own including:\n\nAdverse publicity resulting from quality and safety issues and a public backlash that will probably impact sales in China, its fastest growth market\nIncreasing doubts about the safety and capabilities of Tesla’s Full Self Driving option, and the associated liabilities\nConstruction delays at the German factory\nIntense competition from legacy automakers in its key markets\n\nBut there is one factor that does not get the same attention in the media but may have an impact on Tesla’s share price in the second half of this year. It is the potential selling pressure from the high volume of “in the money call” options that expire in the next year – The unwinding of the gamma squeeze that some investors claim was the reason why Tesla’s shares reached their astronomical heights last year.\nOption hedging has a significant impact on Tesla’s share price\nTypical trading volumes for TSLA options are around 1 million contracts per day, equivalent to 100 million shares. Share volumes are around 30 million per day, which includes volume generated by market makers option hedging. With those relative volume levels, options trading is certain to have a significant influence on Tesla’s share price.\nDelta hedging and the gamma squeeze\nWhen option market makers sell an option, they hedge their exposure by buying shares (or selling if they are exposed to put options). The number of shares they buy or sell (known as Delta) depends on the relative price movement between the option and its underlying share.\nThe value of Delta changes with the share price and the time to expiry. The chart below shows how those changes affect the number of shares that the option market makers buy to hedge their call option exposure. Three curves are shown with one-week, four-week, and one-year expiry dates, the X-axis is the share price relative to the option strike price.\nVariation of option price with share price and expiry: Data sourced from Option Council\nLast year, when Tesla shares were hot, a lot of investors bought long-dated “out of the money” call options which would have been delta hedged by the option market makers. The green curve on the chart above is the delta curve for options with a 1-year expiry. As an example, a $400 call contract ($2,000 pre-split) bought a year ago, would have been on the left edge of the green curve, it would have been hedged at the time with the purchase of about 28 shares.\nIf the share price had stayed the same over the past year, those shares would have been gradually sold as the delta curve moved towards the orange and blue curves. However, Tesla's share price has risen and is now about 170% of the $400 call option strike price, the delta is 0.98, another 70 shares have been purchased for hedging.\nThis additional share buying for hedging is the \"gamma squeeze\". It has been one of the factors driving the price of Tesla shares upwards, and it will be a factor driving the share price down as the squeeze unwinds with the expiry of the options.\nOption expiry and the unwinding of the gamma squeeze\nAs the expiry date approaches, delta tends to a value of 1.00 for in-the-money options and zero for out-of-the-money options. In theory, market makers would like to be holding, at expiry, one share for every ITM call option minus one share for each ITM put option to which they are exposed.\nIf the options are held to expiry, they are exercised and the long or short position transfers to the option holder, with no effect on the market. However, most option holders do not hold the option to expiry, many will sell the option before expiry or hedge the position by buying or selling shares.\nSelling an ITM call option that has a delta of close to 1 causes the market maker to sell 100 shares and selling an ITM put option with a delta of close to 1 causes the market maker to buy 100 shares, so an imbalance between open interest in ITM calls and ITM puts will result in a net sale (or purchase)\nIf option trading were the only driver of market prices the share price on expiry would trend towards the point where the open interest in ITM calls equals the open interest in ITM puts. I’ll refer to that as the put/call balance point.\nThe effect of short expiry versus long expiry options\nMost weekly options don’t come to the market until 8 weeks before expiry, they tend to be traded at strike prices close to the share price, so the put/call balance point is usually close to the share price, and the impact on expiry is small.\nBut the options that have been on the market for longer, the June, September, and January regular options show a strong imbalance between ITM calls and ITM puts, and much higher overall open interest. Option market makers are holding significant long positions to hedge those ITM calls, and those long positions will unwind as the calls approach expiry, releasing millions of shares onto the market.\nBased on data from May 7th, open ITM call interest in the June 18thoptions exceeds ITM put interest by 170,000 contracts (17 million shares), the balance point is at $440 as shown in the chart below:\nOpen interest in Tesla Calls and Puts that are in the money at various share prices: Source data from Options Council, May 7th.\nIf this theory is correct, as the upcoming June 18thcall option expiry approaches it will tend to push the Tesla share price towards $440 as the gamma squeeze unwinds, creating downward pressure on the share price.\nThis does not all happen on options expiry day, open interest in the June ITM calls has been falling steadily since I started keeping records in February, indicating that some investors have been taking profits already.\nA falling share price generates downward gamma\nIn addition to the effects of options expiry, there is the gamma effect as the share price moves up or down. The delta values move up or down their respective curves and option market makers buy or sell options to maintain their hedges. A falling share price generates selling of shares to unwind option hedges for all options, not just the expiring options, and it has the same directional effect for both puts and calls, i.e. selling when the price moves down and buying when the price moves up. This effect will magnify any downward moves, just as it magnified upward moves as Tesla’s share price rose last year.\nIf you Google \"gamma squeeze\" you will find many articles describing how heavy call buying forces share prices up, but very few of those articles mention that the gamma squeeze works in both directions.\nSummary and Conclusion\nThere is a large volume of deep-in-the-money call options purchased during Tesla’s share price run-up last year that will expire June 18th. This option expiry may precipitate selling as the option positions are closed and market makers remove their delta hedges. This will put downward pressure on the share price as the options expire. Further downward pressure is likely as the September and January options move towards expiry.\nOptions trading is not the only factor that determines share prices but combined with other factors that appear to be pressuring Tesla’s share price at present, I think this would be a good time to take profits if you hold a long position, and don’t be tempted to buy the dip if the share price drops over the next few weeks.\nA note about data source and possible inaccuracies\nAll the information used to develop the charts, calculations, and conclusions in this article has been downloaded fromThe Options Councilwebsite. The information has some flaws which limit the accuracy of the data.\nOption open interest is posted on the site daily before the market opens. The information posted is total open interest, not net open interest. If someone holds a long call and someone else holds a short call of the same strike and expiry, those positions will post as two open interests. That introduces inaccuracy in the data because we don’t know how much of the stated open interest is long and how much is short.\nHowever, I believe that most of the long-dated deep-in-the-money calls will be long positions and the conclusions are valid.\nI hold a very small position in July puts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":841,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573818563583937","authorId":"3573818563583937","name":"Starbucks","avatar":"https://static.tigerbbs.com/adf9c30b19f3cc477ca4f1198d2c8b81","crmLevel":6,"crmLevelSwitch":1,"idStr":"3573818563583937","authorIdStr":"3573818563583937"},"content":"Monitor and buy the dips! [Miser][Miser]","text":"Monitor and buy the dips! [Miser][Miser]","html":"Monitor and buy the dips! 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