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2022-05-06

$Grab Holdings(GRAB)$ 🙄

2022-05-06

$Spotify Technology S.A.(SPOT)$ why 😑

2022-02-09

[Happy]

Alibaba Shares Jumped 1.5% in Premarket Trading

2022-02-09

[smile]

Lyft Shares Slipped 3% in Morning Trading

2022-01-22

[smile]

2 Reasons Activision Shareholders Shouldn't Be Quick to Sell Ahead of a Microsoft Deal

2022-01-22

[smile]

A $3.3 Trillion Expiry of Stock Options Adds to Market Jitters

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The move, Citigroup analysts said this week, &#34;might also suggest potential selling intention by SoftBank.&#34;</p><p>&#34;Since Softbank has been a pre-IPO investor, we believe a large proportion of those shares have not been previously registered as ADS,&#34; Citi analysts including Alicia Yap wrote.</p><p>SoftBank&#39;s stake of around 25% in Alibaba is worth around $82 billion and has its origins in a $20 million investment in 2000. Alibaba&#39;s shares have fallen by 60% since highs in October 2020.</p></body></html>","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>Alibaba Shares Jumped 1.5% in Premarket 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\">\nAlibaba Shares Jumped 1.5% in Premarket 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\">2022-02-09 21:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Alibaba Shares Jumped 1.5% in Premarket Trading. SoftBank said additional Alibaba ADS not tied to any specific future SoftBank transaction.</p><p><img src=\"https://static.tigerbbs.com/4df14d2439184d0839c0f7976ca7d328\" tg-width=\"876\" tg-height=\"636\" referrerpolicy=\"no-referrer\"/></p><p>Alibaba&#39;s recent registration of additional American Depository Shares is not tied to any specific future transaction by SoftBank Group Corp, a spokesperson for the Japanese conglomerate said on Wednesday.</p><p>&#34;The registration of the ADR conversion facility (F6 filing, which was filed by Alibaba), including its size, is not tied to any specific future transaction by SBG,&#34; SoftBank said in a statement to Reuters.</p><p>E-commerce giant Alibaba last week filed to register an additional one billion American Depository Shares. The move, Citigroup analysts said this week, &#34;might also suggest potential selling intention by SoftBank.&#34;</p><p>&#34;Since Softbank has been a pre-IPO investor, we believe a large proportion of those shares have not been previously registered as ADS,&#34; Citi analysts including Alicia Yap wrote.</p><p>SoftBank&#39;s stake of around 25% in Alibaba is worth around $82 billion and has its origins in a $20 million investment in 2000. Alibaba&#39;s shares have fallen by 60% since highs in October 2020.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","BABA":"阿里巴巴"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130062443","content_text":"Alibaba Shares Jumped 1.5% in Premarket Trading. SoftBank said additional Alibaba ADS not tied to any specific future SoftBank transaction.Alibaba's recent registration of additional American Depository Shares is not tied to any specific future transaction by SoftBank Group Corp, a spokesperson for the Japanese conglomerate said on Wednesday.\"The registration of the ADR conversion facility (F6 filing, which was filed by Alibaba), including its size, is not tied to any specific future transaction by SBG,\" SoftBank said in a statement to Reuters.E-commerce giant Alibaba last week filed to register an additional one billion American Depository Shares. The move, Citigroup analysts said this week, \"might also suggest potential selling intention by SoftBank.\"\"Since Softbank has been a pre-IPO investor, we believe a large proportion of those shares have not been previously registered as ADS,\" Citi analysts including Alicia Yap wrote.SoftBank's stake of around 25% in Alibaba is worth around $82 billion and has its origins in a $20 million investment in 2000. 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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>Lyft Shares Slipped 3% 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\">\nLyft Shares Slipped 3% 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\">2022-02-09 22:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Lyft shares slipped 3% in morning trading. Lyft missed expectations for ridership growth. Lyft said the Omicron coronavirus variant would lead to a first-quarter drop in riders compared with the end of last year.<img src=\"https://static.tigerbbs.com/20aa456b6db2c30fa4148924790875c0\" tg-width=\"1118\" tg-height=\"763\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc.","UBER":"优步"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146988746","content_text":"Lyft shares slipped 3% in morning trading. Lyft missed expectations for ridership growth. Lyft said the Omicron coronavirus variant would lead to a first-quarter drop in riders compared with the end of last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9007108776,"gmtCreate":1642799330405,"gmtModify":1676533746839,"author":{"id":"4103477532854080","authorId":"4103477532854080","name":"noops","avatar":"https://static.itradeup.com/news/da3bd94806a8029482fcbfb5b40bb116","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[smile]&nbsp;","listText":"[smile]&nbsp;","text":"[smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007108776","repostId":"2205804220","repostType":4,"repost":{"id":"2205804220","pubTimestamp":1642780053,"share":"https://www.laohu8.com/m/news/2205804220?lang=&edition=full","pubTime":"2022-01-21 23:47","market":"us","language":"en","title":"2 Reasons Activision Shareholders Shouldn't Be Quick to Sell Ahead of a Microsoft Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2205804220","media":"Motley Fool","summary":"Locking in a quick gain is tempting, but there are good reasons to hold your Activision Blizzard shares until the deal is finalized.","content":"<html><head></head><body><p><b>Microsoft</b>&#39;s (NASDAQ:MSFT) proposal to buy top game publisher <b>Activision Blizzard</b> (NASDAQ:ATVI) is far from a done deal. On Tuesday, the software giant agreed to pay $68.7 billion, or $95 per share, in an all-cash deal to buy Activision.</p><p>However, Activision stock closed Tuesday&#39;s trading session at $82.31, which suggests market participants are placing 50/50 odds on the deal being approved by regulators. The deal is expected to close sometime in Microsoft&#39;s fiscal 2023 (which begins July 1, 2022).</p><p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F661973%2Fwoman-playing-video-game.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><p>Big tech hasn&#39;t gotten an easy pass from regulators in recent years, and Microsoft&#39;s bid for <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the world&#39;s top video game publishers will certainly be put under the microscope by the U.S. Department of Justice (DOJ) and Federal Trade Commission.</p><p>I bought shares of Activision Blizzard when the stock was trading in the $60s, but deal or no deal, there are two reasons I&#39;m not planning to cash out anytime soon.</p><h2>Reason 1: It&#39;s easy money</h2><p>Microsoft&#39;s buyout offer was 15% above Tuesday&#39;s closing price. Investors can earn another 15% gain by simply holding their Activision shares until the deal is finalized, which will look like a smart move if the market declines in 2022. But first, the deal has to be approved. Here&#39;s why that should happen.</p><p>The video game industry is bigger than movies and is estimated to be worth $175 billion by market researcher Newzoo. But the combined revenue of the top three U.S.-based game companies -- Activision, <b>Electronic Arts</b> (NASDAQ:EA), and <b>Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> Interactive</b> (NASDAQ:TTWO) -- makes up just 11% of the entire industry.</p><p>By itself, Activision&#39;s trailing-12-month revenue is only 5% of annual video game sales.</p><p>Microsoft&#39;s gaming business generated $15 billion in revenue in fiscal 2021,  so with Activision&#39;s $9 billion, Microsoft would control only 14% of the industry. From that perspective, there shouldn&#39;t be competition concerns, but there&#39;s more to it.</p><h2>Reason 2: The deal might not happen</h2><p>One reason the deal won&#39;t receive approval is that it would fuel more industry consolidation and, in turn, give big tech the green light to make more deals and dominate a large and growing entertainment market.</p><p>Last year, Microsoft scooped up one of the largest privately-held game companies by paying $7.5 billion for ZeniMax Media, owner of Bethesda Softworks, which makes the classic <i>Elder Scrolls</i> franchise, among others.</p><p>Just about all the big tech companies are investing in video games in some form, but if Microsoft&#39;s deal is approved, I would keep my eye on <b>Alphabet</b> (NASDAQ:GOOG) (NASDAQ:GOOGL), which is trying to grow the Google Stadia cloud gaming service.</p><p>Google Stadia is a direct competitor with Microsoft&#39;s Xbox Game Pass subscription service. The addition of Activision&#39;s nearly 400 million monthly active users to the Xbox ecosystem would essentially push Game Pass way out in the lead in cloud gaming, where Game Pass already has 25 million subscribers.</p><p>If Google Stadia wants to remain relevant, Alphabet might make a move to acquire another top gaming studio to shore up its exclusive game catalog and win more subscribers.</p><p>Another thing to remember is that Microsoft cited the metaverse as a reason for its interest in buying Activision. Facebook parent <b><a href=\"https://laohu8.com/S/FB\">Meta Platforms</a></b> (NASDAQ:FB) is already investing heavily in virtual reality and also plans to invest in the metaverse over the next several years. All said, if Microsoft lands Activision, Electronic Arts, and Take-<a href=\"https://laohu8.com/S/TWOA\">Two</a> will become prime takeover targets as tech companies race to stack up a talented roster of software programmers to build the future of gaming.</p><p>But the prospects of a few tech platforms consolidating control over an increasingly important market for consumers is a reason this deal may not happen. The Biden administration has taken a strong stance on enforcing antitrust and competition policy at the DOJ, so it&#39;s doubtful that regulators would give the big tech giants a thumbs-up to go forth and conquer a $175 billion industry. Keep in mind, the combined cash sitting on the books at Alphabet and Meta Platforms is $195 billion, or 1.1 times the size of the gaming industry.</p><h2>It&#39;s a win-win</h2><p>If Microsoft&#39;s acquisition attempt fails, Activision shareholders would still own a highly profitable game company that is well-positioned to ride the future growth of the industry, with top franchises under its belt, and interests in esports and consumer products to boot. Plus, Microsoft&#39;s offer validates that Activision&#39;s intrinsic value is higher than what the stock has been trading for in the last few months.</p><p>Either way, investors will lock in a 15% gain over Tuesday&#39;s closing price, or the deal won&#39;t happen, and shareholders can continue holding a top video game stock that will likely be worth more than $95 a share in another five years.</p></body></html>","source":"fool_stock","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>2 Reasons Activision Shareholders Shouldn't Be Quick to Sell Ahead of a Microsoft Deal</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\">\n2 Reasons Activision Shareholders Shouldn't Be Quick to Sell Ahead of a Microsoft Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-21 23:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/21/reasons-activision-shareholders-sell-microsoft/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft's (NASDAQ:MSFT) proposal to buy top game publisher Activision Blizzard (NASDAQ:ATVI) is far from a done deal. On Tuesday, the software giant agreed to pay $68.7 billion, or $95 per share, in...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/21/reasons-activision-shareholders-sell-microsoft/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4097":"系统软件","BK4561":"索罗斯持仓","BK4504":"桥水持仓","BK4085":"互动家庭娱乐","BK4548":"巴美列捷福持仓","BK4528":"SaaS概念","BK4516":"特朗普概念","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4534":"瑞士信贷持仓","BK4567":"ESG概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4525":"远程办公概念","BK4566":"资本集团","MSFT":"微软","BK4524":"宅经济概念","BK4535":"淡马锡持仓","BK4538":"云计算","BK4527":"明星科技股","BK4550":"红杉资本持仓","ATVI":"动视暴雪","BK4503":"景林资产持仓"},"source_url":"https://www.fool.com/investing/2022/01/21/reasons-activision-shareholders-sell-microsoft/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2205804220","content_text":"Microsoft's (NASDAQ:MSFT) proposal to buy top game publisher Activision Blizzard (NASDAQ:ATVI) is far from a done deal. On Tuesday, the software giant agreed to pay $68.7 billion, or $95 per share, in an all-cash deal to buy Activision.However, Activision stock closed Tuesday's trading session at $82.31, which suggests market participants are placing 50/50 odds on the deal being approved by regulators. The deal is expected to close sometime in Microsoft's fiscal 2023 (which begins July 1, 2022).Image source: Getty Images.Big tech hasn't gotten an easy pass from regulators in recent years, and Microsoft's bid for one of the world's top video game publishers will certainly be put under the microscope by the U.S. Department of Justice (DOJ) and Federal Trade Commission.I bought shares of Activision Blizzard when the stock was trading in the $60s, but deal or no deal, there are two reasons I'm not planning to cash out anytime soon.Reason 1: It's easy moneyMicrosoft's buyout offer was 15% above Tuesday's closing price. Investors can earn another 15% gain by simply holding their Activision shares until the deal is finalized, which will look like a smart move if the market declines in 2022. But first, the deal has to be approved. Here's why that should happen.The video game industry is bigger than movies and is estimated to be worth $175 billion by market researcher Newzoo. But the combined revenue of the top three U.S.-based game companies -- Activision, Electronic Arts (NASDAQ:EA), and Take-Two Interactive (NASDAQ:TTWO) -- makes up just 11% of the entire industry.By itself, Activision's trailing-12-month revenue is only 5% of annual video game sales.Microsoft's gaming business generated $15 billion in revenue in fiscal 2021,  so with Activision's $9 billion, Microsoft would control only 14% of the industry. From that perspective, there shouldn't be competition concerns, but there's more to it.Reason 2: The deal might not happenOne reason the deal won't receive approval is that it would fuel more industry consolidation and, in turn, give big tech the green light to make more deals and dominate a large and growing entertainment market.Last year, Microsoft scooped up one of the largest privately-held game companies by paying $7.5 billion for ZeniMax Media, owner of Bethesda Softworks, which makes the classic Elder Scrolls franchise, among others.Just about all the big tech companies are investing in video games in some form, but if Microsoft's deal is approved, I would keep my eye on Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), which is trying to grow the Google Stadia cloud gaming service.Google Stadia is a direct competitor with Microsoft's Xbox Game Pass subscription service. The addition of Activision's nearly 400 million monthly active users to the Xbox ecosystem would essentially push Game Pass way out in the lead in cloud gaming, where Game Pass already has 25 million subscribers.If Google Stadia wants to remain relevant, Alphabet might make a move to acquire another top gaming studio to shore up its exclusive game catalog and win more subscribers.Another thing to remember is that Microsoft cited the metaverse as a reason for its interest in buying Activision. Facebook parent Meta Platforms (NASDAQ:FB) is already investing heavily in virtual reality and also plans to invest in the metaverse over the next several years. All said, if Microsoft lands Activision, Electronic Arts, and Take-Two will become prime takeover targets as tech companies race to stack up a talented roster of software programmers to build the future of gaming.But the prospects of a few tech platforms consolidating control over an increasingly important market for consumers is a reason this deal may not happen. The Biden administration has taken a strong stance on enforcing antitrust and competition policy at the DOJ, so it's doubtful that regulators would give the big tech giants a thumbs-up to go forth and conquer a $175 billion industry. Keep in mind, the combined cash sitting on the books at Alphabet and Meta Platforms is $195 billion, or 1.1 times the size of the gaming industry.It's a win-winIf Microsoft's acquisition attempt fails, Activision shareholders would still own a highly profitable game company that is well-positioned to ride the future growth of the industry, with top franchises under its belt, and interests in esports and consumer products to boot. Plus, Microsoft's offer validates that Activision's intrinsic value is higher than what the stock has been trading for in the last few months.Either way, investors will lock in a 15% gain over Tuesday's closing price, or the deal won't happen, and shareholders can continue holding a top video game stock that will likely be worth more than $95 a share in another five years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":255,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9007108125,"gmtCreate":1642799103056,"gmtModify":1676533746801,"author":{"id":"4103477532854080","authorId":"4103477532854080","name":"noops","avatar":"https://static.itradeup.com/news/da3bd94806a8029482fcbfb5b40bb116","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[smile]&nbsp;","listText":"[smile]&nbsp;","text":"[smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007108125","repostId":"1165558393","repostType":4,"repost":{"id":"1165558393","pubTimestamp":1642778100,"share":"https://www.laohu8.com/m/news/1165558393?lang=&edition=full","pubTime":"2022-01-21 23:15","market":"us","language":"en","title":"A $3.3 Trillion Expiry of Stock Options Adds to Market Jitters","url":"https://stock-news.laohu8.com/highlight/detail?id=1165558393","media":"Bloomberg","summary":"Third Friday of each month brings wave of derivatives activityPotential rate rises, Netflix among fa","content":"<html><head></head><body><ul><li>Third Friday of each month brings wave of derivatives activity</li><li>Potential rate rises, Netflix among factors driving volatility</li></ul><p>Aside from the rout in stay-at-home stocks and gyrations in bonds lurks another key force behind the market turbulence this week: More than $3 trillion of expiring stock options.</p><p>The phenomenon -- generally known as OpEx -- has taken place like clockwork for about a year now. Around the middle of most months, American equities lurch lower, usually near the third Friday -- the day that most stock derivatives expire.</p><p>The dynamic has been blamed on dealers in the options market balancing their exposures by buying and selling underlying stocks or index futures. And this month’s OpEx is a big one.</p><p>All told, Goldman Sachs Group Inc. estimates about $3.3 trillion of U.S. equity derivatives are set to expire Friday. That includes roughly $1.3 trillion across single stocks, the firm said. About $1 trillion of S&amp;P 500-linked contracts will run out, and $240 billion in options tied to the world’s largest ETF, the SPDR S&amp;P 500 ETF Trust (tickerSPY).</p><p>Options are not the only driver of stocks, of course, and there is plenty of uncertainty around their influence. But they may have added to volatility as the likes of Netflix Inc. and Peloton Interactive Inc. slumped on miserable outlooks while the rates-driven rout tightened its grip on pricey growth stocks.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55fbe02b679fcb2143196699f1fe5dc4\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"/><span>White circles indicate approximate OpEx days. Source: Bloomberg.</span></p><p>“Today’s expiry could be important for stocks with large open interest in at-the-money (ATM) options,” Goldman strategists including Vishal Vivek wrote in a note. “Market makers’ delta-hedging large options portfolios will be active. This flow is likely to dampen volatility in some names while exacerbating stock price moves in others.”</p><p>This OpEx dynamic is far from new, but it’s thought to be growing alongside the boom in options trading. A surge in retail investor participation in the market and rising hedging by institutional pros have spurred an increase in dealer activity.</p><p>This dynamic has become so large that some speculate the relationship between stocks and options has been upended, with derivatives now driving the equity market instead of vice versa.</p><p>Brent Kochuba, founder of analytic service SpotGamma, observed that last week and earlier this week, the existence of many large in-the-money single-stock call positions had led to a large positive delta skew -- the theoretical value of stock required for market makers to hedge the directional exposure resulting from all options activity. As most of these positions closed, that has contributed to recent market volatility. Now, Friday’s expiration has a relatively flat delta position.</p><p>In other words, dealer exposure is now close to neutral, so the effects of the expiry should ease.</p><p>“Call have been closed, puts have been purchased and stock prices have dropped precipitously,” Kochuba said. “As a result of this shift, we think that some of the selling in single stocks may now subside as we head into Wednesday’s FOMC.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cdc4ff45ecdfd4246fdadad5105bc95a\" tg-width=\"1200\" tg-height=\"665\" width=\"100%\" height=\"auto\"/><span>Source: Goldman Sachs</span></p><p>The process works roughly like this: When an investor buys or sells an option, the other side of that trade is taken up by a market maker. These dealers like to neutralize their exposure, which they do by trading the underlying.</p><p>In the run-up to expiration, depending on where dealers’ overall positions are, they can act as a stabilizing force or a volatility accelerator.</p><p>However, it’s a complicated picture, and the exact dynamics depend on the options expiring, new ones created and moves in the underlying assets.</p><p><img src=\"https://static.tigerbbs.com/500da097353cbf29257d826eac4a3f2d\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"/></p><p>U.S. stocks have already endured a tumultuous start to 2022.</p><p>The Cboe Volatility Index, a measure of expected price swings in the S&amp;P 500 known as the VIX, has jumped about 10 points to 27 points since the start of the month. Investors are adjusting to the prospect of tighter monetary policy by ditching expensive-looking stocks, and those whose expected profits are far in the future.</p><p>The three main equity gauges dropped again on Friday morning as of 9:44 a.m. in New York.</p><p>“Is options expiration a contributor to the selloff? Yes. Is it the prime driver? No,” said Chris Murphy, co-head of derivatives strategy at Susquehanna International Group. “The Fed and deleveraging is the reason for the selloff.”</p></body></html>","source":"lsy1584095487587","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>A $3.3 Trillion Expiry of Stock Options Adds to Market Jitters</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\">\nA $3.3 Trillion Expiry of Stock Options Adds to Market Jitters\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-21 23:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-21/a-3-3-trillion-expiry-of-stock-options-adds-to-market-jitters?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Third Friday of each month brings wave of derivatives activityPotential rate rises, Netflix among factors driving volatilityAside from the rout in stay-at-home stocks and gyrations in bonds lurks ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-21/a-3-3-trillion-expiry-of-stock-options-adds-to-market-jitters?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-21/a-3-3-trillion-expiry-of-stock-options-adds-to-market-jitters?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165558393","content_text":"Third Friday of each month brings wave of derivatives activityPotential rate rises, Netflix among factors driving volatilityAside from the rout in stay-at-home stocks and gyrations in bonds lurks another key force behind the market turbulence this week: More than $3 trillion of expiring stock options.The phenomenon -- generally known as OpEx -- has taken place like clockwork for about a year now. Around the middle of most months, American equities lurch lower, usually near the third Friday -- the day that most stock derivatives expire.The dynamic has been blamed on dealers in the options market balancing their exposures by buying and selling underlying stocks or index futures. And this month’s OpEx is a big one.All told, Goldman Sachs Group Inc. estimates about $3.3 trillion of U.S. equity derivatives are set to expire Friday. That includes roughly $1.3 trillion across single stocks, the firm said. About $1 trillion of S&P 500-linked contracts will run out, and $240 billion in options tied to the world’s largest ETF, the SPDR S&P 500 ETF Trust (tickerSPY).Options are not the only driver of stocks, of course, and there is plenty of uncertainty around their influence. But they may have added to volatility as the likes of Netflix Inc. and Peloton Interactive Inc. slumped on miserable outlooks while the rates-driven rout tightened its grip on pricey growth stocks.White circles indicate approximate OpEx days. Source: Bloomberg.“Today’s expiry could be important for stocks with large open interest in at-the-money (ATM) options,” Goldman strategists including Vishal Vivek wrote in a note. “Market makers’ delta-hedging large options portfolios will be active. This flow is likely to dampen volatility in some names while exacerbating stock price moves in others.”This OpEx dynamic is far from new, but it’s thought to be growing alongside the boom in options trading. A surge in retail investor participation in the market and rising hedging by institutional pros have spurred an increase in dealer activity.This dynamic has become so large that some speculate the relationship between stocks and options has been upended, with derivatives now driving the equity market instead of vice versa.Brent Kochuba, founder of analytic service SpotGamma, observed that last week and earlier this week, the existence of many large in-the-money single-stock call positions had led to a large positive delta skew -- the theoretical value of stock required for market makers to hedge the directional exposure resulting from all options activity. As most of these positions closed, that has contributed to recent market volatility. Now, Friday’s expiration has a relatively flat delta position.In other words, dealer exposure is now close to neutral, so the effects of the expiry should ease.“Call have been closed, puts have been purchased and stock prices have dropped precipitously,” Kochuba said. “As a result of this shift, we think that some of the selling in single stocks may now subside as we head into Wednesday’s FOMC.”Source: Goldman SachsThe process works roughly like this: When an investor buys or sells an option, the other side of that trade is taken up by a market maker. These dealers like to neutralize their exposure, which they do by trading the underlying.In the run-up to expiration, depending on where dealers’ overall positions are, they can act as a stabilizing force or a volatility accelerator.However, it’s a complicated picture, and the exact dynamics depend on the options expiring, new ones created and moves in the underlying assets.U.S. stocks have already endured a tumultuous start to 2022.The Cboe Volatility Index, a measure of expected price swings in the S&P 500 known as the VIX, has jumped about 10 points to 27 points since the start of the month. Investors are adjusting to the prospect of tighter monetary policy by ditching expensive-looking stocks, and those whose expected profits are far in the future.The three main equity gauges dropped again on Friday morning as of 9:44 a.m. in New York.“Is options expiration a contributor to the selloff? Yes. Is it the prime driver? No,” said Chris Murphy, co-head of derivatives strategy at Susquehanna International Group. “The Fed and deleveraging is the reason for the selloff.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9096538189,"gmtCreate":1644417932477,"gmtModify":1676533923409,"author":{"id":"4103477532854080","authorId":"4103477532854080","name":"noops","avatar":"https://static.itradeup.com/news/da3bd94806a8029482fcbfb5b40bb116","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096538189","repostId":"1130062443","repostType":4,"repost":{"id":"1130062443","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":1644412861,"share":"https://www.laohu8.com/m/news/1130062443?lang=&edition=full","pubTime":"2022-02-09 21:21","market":"us","language":"en","title":"Alibaba Shares Jumped 1.5% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1130062443","media":"Tiger Newspress","summary":"Alibaba Shares Jumped 1.5% in Premarket Trading. SoftBank said additional Alibaba ADS not tied to an","content":"<html><head></head><body><p>Alibaba Shares Jumped 1.5% in Premarket Trading. SoftBank said additional Alibaba ADS not tied to any specific future SoftBank transaction.</p><p><img src=\"https://static.tigerbbs.com/4df14d2439184d0839c0f7976ca7d328\" tg-width=\"876\" tg-height=\"636\" referrerpolicy=\"no-referrer\"/></p><p>Alibaba&#39;s recent registration of additional American Depository Shares is not tied to any specific future transaction by SoftBank Group Corp, a spokesperson for the Japanese conglomerate said on Wednesday.</p><p>&#34;The registration of the ADR conversion facility (F6 filing, which was filed by Alibaba), including its size, is not tied to any specific future transaction by SBG,&#34; SoftBank said in a statement to Reuters.</p><p>E-commerce giant Alibaba last week filed to register an additional one billion American Depository Shares. The move, Citigroup analysts said this week, &#34;might also suggest potential selling intention by SoftBank.&#34;</p><p>&#34;Since Softbank has been a pre-IPO investor, we believe a large proportion of those shares have not been previously registered as ADS,&#34; Citi analysts including Alicia Yap wrote.</p><p>SoftBank&#39;s stake of around 25% in Alibaba is worth around $82 billion and has its origins in a $20 million investment in 2000. Alibaba&#39;s shares have fallen by 60% since highs in October 2020.</p></body></html>","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>Alibaba Shares Jumped 1.5% in Premarket 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\">\nAlibaba Shares Jumped 1.5% in Premarket 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\">2022-02-09 21:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Alibaba Shares Jumped 1.5% in Premarket Trading. SoftBank said additional Alibaba ADS not tied to any specific future SoftBank transaction.</p><p><img src=\"https://static.tigerbbs.com/4df14d2439184d0839c0f7976ca7d328\" tg-width=\"876\" tg-height=\"636\" referrerpolicy=\"no-referrer\"/></p><p>Alibaba&#39;s recent registration of additional American Depository Shares is not tied to any specific future transaction by SoftBank Group Corp, a spokesperson for the Japanese conglomerate said on Wednesday.</p><p>&#34;The registration of the ADR conversion facility (F6 filing, which was filed by Alibaba), including its size, is not tied to any specific future transaction by SBG,&#34; SoftBank said in a statement to Reuters.</p><p>E-commerce giant Alibaba last week filed to register an additional one billion American Depository Shares. The move, Citigroup analysts said this week, &#34;might also suggest potential selling intention by SoftBank.&#34;</p><p>&#34;Since Softbank has been a pre-IPO investor, we believe a large proportion of those shares have not been previously registered as ADS,&#34; Citi analysts including Alicia Yap wrote.</p><p>SoftBank&#39;s stake of around 25% in Alibaba is worth around $82 billion and has its origins in a $20 million investment in 2000. Alibaba&#39;s shares have fallen by 60% since highs in October 2020.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","BABA":"阿里巴巴"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130062443","content_text":"Alibaba Shares Jumped 1.5% in Premarket Trading. SoftBank said additional Alibaba ADS not tied to any specific future SoftBank transaction.Alibaba's recent registration of additional American Depository Shares is not tied to any specific future transaction by SoftBank Group Corp, a spokesperson for the Japanese conglomerate said on Wednesday.\"The registration of the ADR conversion facility (F6 filing, which was filed by Alibaba), including its size, is not tied to any specific future transaction by SBG,\" SoftBank said in a statement to Reuters.E-commerce giant Alibaba last week filed to register an additional one billion American Depository Shares. The move, Citigroup analysts said this week, \"might also suggest potential selling intention by SoftBank.\"\"Since Softbank has been a pre-IPO investor, we believe a large proportion of those shares have not been previously registered as ADS,\" Citi analysts including Alicia Yap wrote.SoftBank's stake of around 25% in Alibaba is worth around $82 billion and has its origins in a $20 million investment in 2000. Alibaba's shares have fallen by 60% since highs in October 2020.","news_type":1},"isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096538908,"gmtCreate":1644417908622,"gmtModify":1676533923417,"author":{"id":"4103477532854080","authorId":"4103477532854080","name":"noops","avatar":"https://static.itradeup.com/news/da3bd94806a8029482fcbfb5b40bb116","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[smile]&nbsp;","listText":"[smile]&nbsp;","text":"[smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096538908","repostId":"1146988746","repostType":4,"repost":{"id":"1146988746","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":1644417225,"share":"https://www.laohu8.com/m/news/1146988746?lang=&edition=full","pubTime":"2022-02-09 22:33","market":"us","language":"en","title":"Lyft Shares Slipped 3% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1146988746","media":"Tiger Newspress","summary":"Lyft shares slipped 3% in morning trading. Lyft missed expectations for ridership growth. Lyft said ","content":"<html><head></head><body><p>Lyft shares slipped 3% in morning trading. Lyft missed expectations for ridership growth. Lyft said the Omicron coronavirus variant would lead to a first-quarter drop in riders compared with the end of last year.<img src=\"https://static.tigerbbs.com/20aa456b6db2c30fa4148924790875c0\" tg-width=\"1118\" tg-height=\"763\" width=\"100%\" height=\"auto\"/></p></body></html>","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>Lyft Shares Slipped 3% 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\">\nLyft Shares Slipped 3% 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\">2022-02-09 22:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Lyft shares slipped 3% in morning trading. Lyft missed expectations for ridership growth. Lyft said the Omicron coronavirus variant would lead to a first-quarter drop in riders compared with the end of last year.<img src=\"https://static.tigerbbs.com/20aa456b6db2c30fa4148924790875c0\" tg-width=\"1118\" tg-height=\"763\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc.","UBER":"优步"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146988746","content_text":"Lyft shares slipped 3% in morning trading. Lyft missed expectations for ridership growth. Lyft said the Omicron coronavirus variant would lead to a first-quarter drop in riders compared with the end of last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9007108125,"gmtCreate":1642799103056,"gmtModify":1676533746801,"author":{"id":"4103477532854080","authorId":"4103477532854080","name":"noops","avatar":"https://static.itradeup.com/news/da3bd94806a8029482fcbfb5b40bb116","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[smile]&nbsp;","listText":"[smile]&nbsp;","text":"[smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007108125","repostId":"1165558393","repostType":4,"repost":{"id":"1165558393","pubTimestamp":1642778100,"share":"https://www.laohu8.com/m/news/1165558393?lang=&edition=full","pubTime":"2022-01-21 23:15","market":"us","language":"en","title":"A $3.3 Trillion Expiry of Stock Options Adds to Market Jitters","url":"https://stock-news.laohu8.com/highlight/detail?id=1165558393","media":"Bloomberg","summary":"Third Friday of each month brings wave of derivatives activityPotential rate rises, Netflix among fa","content":"<html><head></head><body><ul><li>Third Friday of each month brings wave of derivatives activity</li><li>Potential rate rises, Netflix among factors driving volatility</li></ul><p>Aside from the rout in stay-at-home stocks and gyrations in bonds lurks another key force behind the market turbulence this week: More than $3 trillion of expiring stock options.</p><p>The phenomenon -- generally known as OpEx -- has taken place like clockwork for about a year now. Around the middle of most months, American equities lurch lower, usually near the third Friday -- the day that most stock derivatives expire.</p><p>The dynamic has been blamed on dealers in the options market balancing their exposures by buying and selling underlying stocks or index futures. And this month’s OpEx is a big one.</p><p>All told, Goldman Sachs Group Inc. estimates about $3.3 trillion of U.S. equity derivatives are set to expire Friday. That includes roughly $1.3 trillion across single stocks, the firm said. About $1 trillion of S&amp;P 500-linked contracts will run out, and $240 billion in options tied to the world’s largest ETF, the SPDR S&amp;P 500 ETF Trust (tickerSPY).</p><p>Options are not the only driver of stocks, of course, and there is plenty of uncertainty around their influence. But they may have added to volatility as the likes of Netflix Inc. and Peloton Interactive Inc. slumped on miserable outlooks while the rates-driven rout tightened its grip on pricey growth stocks.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55fbe02b679fcb2143196699f1fe5dc4\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"/><span>White circles indicate approximate OpEx days. Source: Bloomberg.</span></p><p>“Today’s expiry could be important for stocks with large open interest in at-the-money (ATM) options,” Goldman strategists including Vishal Vivek wrote in a note. “Market makers’ delta-hedging large options portfolios will be active. This flow is likely to dampen volatility in some names while exacerbating stock price moves in others.”</p><p>This OpEx dynamic is far from new, but it’s thought to be growing alongside the boom in options trading. A surge in retail investor participation in the market and rising hedging by institutional pros have spurred an increase in dealer activity.</p><p>This dynamic has become so large that some speculate the relationship between stocks and options has been upended, with derivatives now driving the equity market instead of vice versa.</p><p>Brent Kochuba, founder of analytic service SpotGamma, observed that last week and earlier this week, the existence of many large in-the-money single-stock call positions had led to a large positive delta skew -- the theoretical value of stock required for market makers to hedge the directional exposure resulting from all options activity. As most of these positions closed, that has contributed to recent market volatility. Now, Friday’s expiration has a relatively flat delta position.</p><p>In other words, dealer exposure is now close to neutral, so the effects of the expiry should ease.</p><p>“Call have been closed, puts have been purchased and stock prices have dropped precipitously,” Kochuba said. “As a result of this shift, we think that some of the selling in single stocks may now subside as we head into Wednesday’s FOMC.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cdc4ff45ecdfd4246fdadad5105bc95a\" tg-width=\"1200\" tg-height=\"665\" width=\"100%\" height=\"auto\"/><span>Source: Goldman Sachs</span></p><p>The process works roughly like this: When an investor buys or sells an option, the other side of that trade is taken up by a market maker. These dealers like to neutralize their exposure, which they do by trading the underlying.</p><p>In the run-up to expiration, depending on where dealers’ overall positions are, they can act as a stabilizing force or a volatility accelerator.</p><p>However, it’s a complicated picture, and the exact dynamics depend on the options expiring, new ones created and moves in the underlying assets.</p><p><img src=\"https://static.tigerbbs.com/500da097353cbf29257d826eac4a3f2d\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"/></p><p>U.S. stocks have already endured a tumultuous start to 2022.</p><p>The Cboe Volatility Index, a measure of expected price swings in the S&amp;P 500 known as the VIX, has jumped about 10 points to 27 points since the start of the month. Investors are adjusting to the prospect of tighter monetary policy by ditching expensive-looking stocks, and those whose expected profits are far in the future.</p><p>The three main equity gauges dropped again on Friday morning as of 9:44 a.m. in New York.</p><p>“Is options expiration a contributor to the selloff? Yes. Is it the prime driver? No,” said Chris Murphy, co-head of derivatives strategy at Susquehanna International Group. “The Fed and deleveraging is the reason for the selloff.”</p></body></html>","source":"lsy1584095487587","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>A $3.3 Trillion Expiry of Stock Options Adds to Market Jitters</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\">\nA $3.3 Trillion Expiry of Stock Options Adds to Market Jitters\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-21 23:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-21/a-3-3-trillion-expiry-of-stock-options-adds-to-market-jitters?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Third Friday of each month brings wave of derivatives activityPotential rate rises, Netflix among factors driving volatilityAside from the rout in stay-at-home stocks and gyrations in bonds lurks ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-21/a-3-3-trillion-expiry-of-stock-options-adds-to-market-jitters?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-21/a-3-3-trillion-expiry-of-stock-options-adds-to-market-jitters?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165558393","content_text":"Third Friday of each month brings wave of derivatives activityPotential rate rises, Netflix among factors driving volatilityAside from the rout in stay-at-home stocks and gyrations in bonds lurks another key force behind the market turbulence this week: More than $3 trillion of expiring stock options.The phenomenon -- generally known as OpEx -- has taken place like clockwork for about a year now. Around the middle of most months, American equities lurch lower, usually near the third Friday -- the day that most stock derivatives expire.The dynamic has been blamed on dealers in the options market balancing their exposures by buying and selling underlying stocks or index futures. And this month’s OpEx is a big one.All told, Goldman Sachs Group Inc. estimates about $3.3 trillion of U.S. equity derivatives are set to expire Friday. That includes roughly $1.3 trillion across single stocks, the firm said. About $1 trillion of S&P 500-linked contracts will run out, and $240 billion in options tied to the world’s largest ETF, the SPDR S&P 500 ETF Trust (tickerSPY).Options are not the only driver of stocks, of course, and there is plenty of uncertainty around their influence. But they may have added to volatility as the likes of Netflix Inc. and Peloton Interactive Inc. slumped on miserable outlooks while the rates-driven rout tightened its grip on pricey growth stocks.White circles indicate approximate OpEx days. Source: Bloomberg.“Today’s expiry could be important for stocks with large open interest in at-the-money (ATM) options,” Goldman strategists including Vishal Vivek wrote in a note. “Market makers’ delta-hedging large options portfolios will be active. This flow is likely to dampen volatility in some names while exacerbating stock price moves in others.”This OpEx dynamic is far from new, but it’s thought to be growing alongside the boom in options trading. A surge in retail investor participation in the market and rising hedging by institutional pros have spurred an increase in dealer activity.This dynamic has become so large that some speculate the relationship between stocks and options has been upended, with derivatives now driving the equity market instead of vice versa.Brent Kochuba, founder of analytic service SpotGamma, observed that last week and earlier this week, the existence of many large in-the-money single-stock call positions had led to a large positive delta skew -- the theoretical value of stock required for market makers to hedge the directional exposure resulting from all options activity. As most of these positions closed, that has contributed to recent market volatility. Now, Friday’s expiration has a relatively flat delta position.In other words, dealer exposure is now close to neutral, so the effects of the expiry should ease.“Call have been closed, puts have been purchased and stock prices have dropped precipitously,” Kochuba said. “As a result of this shift, we think that some of the selling in single stocks may now subside as we head into Wednesday’s FOMC.”Source: Goldman SachsThe process works roughly like this: When an investor buys or sells an option, the other side of that trade is taken up by a market maker. These dealers like to neutralize their exposure, which they do by trading the underlying.In the run-up to expiration, depending on where dealers’ overall positions are, they can act as a stabilizing force or a volatility accelerator.However, it’s a complicated picture, and the exact dynamics depend on the options expiring, new ones created and moves in the underlying assets.U.S. stocks have already endured a tumultuous start to 2022.The Cboe Volatility Index, a measure of expected price swings in the S&P 500 known as the VIX, has jumped about 10 points to 27 points since the start of the month. Investors are adjusting to the prospect of tighter monetary policy by ditching expensive-looking stocks, and those whose expected profits are far in the future.The three main equity gauges dropped again on Friday morning as of 9:44 a.m. in New York.“Is options expiration a contributor to the selloff? Yes. Is it the prime driver? No,” said Chris Murphy, co-head of derivatives strategy at Susquehanna International Group. “The Fed and deleveraging is the reason for the selloff.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9066070424,"gmtCreate":1651828759668,"gmtModify":1676534979585,"author":{"id":"4103477532854080","authorId":"4103477532854080","name":"noops","avatar":"https://static.itradeup.com/news/da3bd94806a8029482fcbfb5b40bb116","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SPOT\">$Spotify Technology S.A.(SPOT)$</a>&nbsp;why 😑","listText":"<a href=\"https://ttm.financial/S/SPOT\">$Spotify Technology S.A.(SPOT)$</a>&nbsp;why 😑","text":"$Spotify Technology S.A.(SPOT)$ why 😑","images":[{"img":"https://community-static.tradeup.com/news/257ea369e4208fc30857fd4e999ab422","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066070424","isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9007108776,"gmtCreate":1642799330405,"gmtModify":1676533746839,"author":{"id":"4103477532854080","authorId":"4103477532854080","name":"noops","avatar":"https://static.itradeup.com/news/da3bd94806a8029482fcbfb5b40bb116","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[smile]&nbsp;","listText":"[smile]&nbsp;","text":"[smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007108776","repostId":"2205804220","repostType":4,"isVote":1,"tweetType":1,"viewCount":255,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9066073316,"gmtCreate":1651828904635,"gmtModify":1676534979649,"author":{"id":"4103477532854080","authorId":"4103477532854080","name":"noops","avatar":"https://static.itradeup.com/news/da3bd94806a8029482fcbfb5b40bb116","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a>&nbsp;🙄","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a>&nbsp;🙄","text":"$Grab Holdings(GRAB)$ 🙄","images":[{"img":"https://community-static.tradeup.com/news/95a82cf52edd7df30b745ada6fa4b8e8","width":"1080","height":"3064"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066073316","isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}