$XIAOMI-W(01810)$'s EV, achieved record vehicle deliveries as production capacity expands.Xiaomi EV delivered over 40,000 vehicles in September. The company announced this news on Weibo today, but...
Traders Brace for Explosion of Volatility Friday As $2.2 Trillion in Stock Options Expire
It's that time again: monthly stock-market options for August are set to expire on Friday, potentially spurring more volatility in stocks after a bruising three-week run.U.S. stock option contracts with a notional value of $2.2 trillion are set to expire, according to Rocky Fishman, founder of newly formed strategy firm Asym 500 and a former head of index derivatives strategy at Goldman Sachs Group. Notional value measures the market value of the stocks, indexes and exchange-traded funds controlled by the options, although the premiums paid by holders of the options are worth much less.Fishman noted that the size of option-market open interest expiring on Friday is about average for an off-month expiration.Monthly options expire every month, but once a quarter -- in March, June, September and December -- an event known as "Triple Witching" takes place, causing notional value of expiring options to swell as quarterly and sometimes calendar-year options expire along with monthlies and we
I still believe the stock can up more base on market trend
Nio Stock Bulls are in for a Rude Awakening
As some recent company-specific developments will fail to have enough of an impact on time to prevent an increasingly-likely late-year price plunge, consider it best to keep avoiding NIO stock.