Options Spy: NKLA is up 60% and straddle strategies are the hot trades
@OptionsBB:
U.S. stocks rose again Thursday as oil prices extended gains and the dollar tumbled after producer prices showed inflation continued to fall in June. The Wall Street Journal reporter Nick Timiraos, who is known as the Fed's mouthpiece, wrote that the US consumer price index (CPI) rose in June at a 26-month low, which increases the probability that the Federal Reserve will stop raising interest rates after an expected interest rate hike this month, that is, July may be the last interest rate hike this year.It is worth noting that the Fed's "eagle King" and St. Louis Federal Reserve Bank President Bullard announced that he would resign on August 14 and then go to Purdue University.John Flood, a partner at Goldman Sachs, thinks the S&P could end the year at a new high. Flood said in a not