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.
Buy small average down will not miss when market is up trend
Should You Buy The Dip In Disney Stock?
Among the most important strategic moves under Iger in the past 8 months has been to shift the focus from streaming subscriber growth to increasing profits. The company’s streaming losses narrowed to $659 million in the March quarter and are now less than half of their last year's peak. The company however lost 4 million streaming subscribers in the most recent quarter. Subscriber growth is no longer the top focus for Disney and it also withdrew its fiscal year 2024 subscriber guidance.Iger also