Options Spy: Tech stocks hit new highs. Short open put option big order!
@OptionsBB:
U.S. stocks rose modestly in premarket trading on Wednesday, with the Dow Jones industrial Average rising for seven straight sessions, its longest winning streak since March 2021.Second-quarter earnings are off to a good start on Wall Street. Of the S&P 500 companies that have reported earnings, 82 per cent have beaten expectations, according to FactSet. In the US bank stock results, Nvidia, Microsoft AI plus, the three major US stock indexes continued to rise strongly.Microsoft has announced the pricing of its Office 365 Copilot generative AI system, a collaboration between Microsoft and OpenAI that will cost businesses $30 a month for a subscription, about 36% more than the $22 a month price for the regular version. After the announcement of the news, the stock price reached a record