Options Market Statistics: GameStop's Shift to Crypto Sparks Stock Surge $GameStop(GME)$ shares surged 11% in Thursday's trading. The most traded calls are contracts of $30 strike price that expire on Mar 28 and the total volume reaching 72,433 with the open interest of 25,763. GameStop's board has decided to invest in Bitcoin as part of its financial strategy. This means the company will hold Bitcoin as a reserve asset, similar to what other businesses have done. GameStop is following a trend started by Michael Saylor, whose company bought over $40 billion worth of Bitcoin, leading to a massive stock price increase. Last month, GameStop's CEO Ryan Cohen hinted at this move by posting a photo with Saylor o
GameStop Pole-Vaults Over Palantir, Apple to Top 3 Stock Option $GameStop(GME)$ pole-vaulted over $Palantir Technologies Inc.(PLTR)$ and $Apple(AAPL)$ to become Wednesday’s third most active stock option after the struggling video game retailer said its board approved a plan to add Bitcoin as a treasury reserve asset. The video game retailer that reported a sixth straight quarterly revenue decline Tuesday joined other companies investing in the largest cryptocurrency, inspired by $MicroStrateg
I am not sure whether I am left or right- side trader. I think I am on my own side. when I found out that stock had the right price or right timing for me, then I would buy it, or else I would wait for the opportunity. Trade only when I feel comfortable.
I will choose $POP MART(09992)$ rather than $MIXUE GROUP(02097)$ I believe the IP strategy is better. Youngsters will keep on collecting their favourite figure and spend more on the mystery or special hidden edition. Some more ready to drink businesses are more competitive ( more and more new drinks coming up and food costs keep rising) than toy figure business.
Will a Buyback Wave Boost U.S. Stocks? Top Repurchasers Revealed In the fourth quarter of 2024, S&P 500 companies set a new record by repurchasing $243.2 billion of their own stock, a 7.4% jump from the prior quarter and an 11% increase year-over-year. For the full year, buybacks surged to an unprecedented $942.5 billion, up 18.5% from 2023. Top Buyback Leaders The top three players in the buyback arena are Apple, Google, and Nvidia. – $Apple (AAPL.US)$: In Q4 2024, Apple repurchased $26.5 billion in stock, up from $25.4 billion in Q3. For the full year, it spent $104.2 billion, compared to $83.9 billion in 2023. Over five years, Apple’s buybacks total $452 billion, and over a decade, a staggering $716 billion—reflecting its massive cash reserves and commitment to shareholder value. –
GTC Wraps Up, Nasdaq Halts Four-Week Dip: What's Next for U.S. Tech Investing? Last Friday, major U.S. stock indexes staged a late rally, with the $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ posting weekly gains of 0.51% and 0.17%, respectively, snapping a four-week losing streak. Nvidia's GTC conference concluded, yet the stock slipped over 3% for the week. In recent weeks, two unexpected narratives have reshaped global asset valuations. First, DeepSeek’s breakthrough has spotlighted Chinese innovation, prompting a reevaluation of tech leadership. Second, shifting perceptions of “American exceptionalism” under Trump's policies have triggered a broader reassessment of global geopolitics and economics. Year-to-date, U.S. tech stocks have underperformed. Among the B
0DTE Options Volume Bigger Than Ever: Why Traders Prefer OTM Now Last week, the three major indices all closed with weekly gain. $DJIA(.DJI)$ rose 1.2%, $S&P 500(.SPX)$ gained 0.51%, and $NASDAQ(.IXIC)$ increased by 0.17%. The latter two avoided a fifth consecutive week of declines. Despite highly anticipated unveiling of its robots and new AI chips at GTC, $NVIDIA Corp(NVDA)$ disapointed the market and closed the week with a 3.26% decline. Recent
Trump's Tariff Moves: Market Stabilization Amid Uncertainty and the Road Ahead After four consecutive weeks of declines, the U.S. stock market showed early signs of stabilization last week, with the $S&P 500(.SPX)$ edging up 0.08% and the Nasdaq rising 0.52%. However, all eyes are now on April 2, when President Trump's reciprocal tariffs are set to take effect. The broad scope of these tariffs is expected to impact both the U.S. and global economies, and the continuation of the stock market rally is closely tied to their effects. Despite the looming deadline, a recent Bloomberg report suggests that the White House may not announce reciprocal tariffs for the automotive, pharmaceutical, and chip sectors
Tesla Sees Declining Put Option Open Interest as Shares Jump $Tesla Motors(TSLA)$ investors and speculators pared their holdings of put options before shares posted their biggest one-day jump in almost five months on Monday amid optimism for a recovery in the electric vehicle maker’s sales in China. The latest data had open interest of 3.82 million contracts. Put options that give the holders the right to sell Tesla shares at a specific strike price have declined from its 10-day average of 4.37 million contracts, according to exchange data compiled by Bloomberg. The EV giant plans to release its smart-driving assistance feature in China after completing the China regulatory approval process, Reuters