To The Moon

Based on the joint venture with Volkswagen, investors are bracing for significant volatility for $Rivian Automotive, Inc.(RIVN)$ today. The options market indicates an implied movement of 10.57%, with the stock currently priced at $14.76. This positions the upper bound at $16.32 and the lower bound at $13.20, suggesting a potentially wide trading range ahead of the earnings announcement on June 28, 2024​ (Rivian — Electric Adventure Vehicles)​​ (markets.businessinsider.com). Recent Developments and Financial Health Rivian recently announced a landmark joint venture with Volkswagen, which includes a strategic investment of up to $5 billion. This partnership aims to develop next-generation electric vehicle (EV) technology, a move that has already bu

$Walgreens Boots Alliance(WBA)$ will release its fiscal 2024 third-quarter earnings on June 27, 2024, at 7 a.m. ET, with a conference call scheduled for 8:30 a.m. ET the same day. This announcement is crucial as the company faces a volatile market environment. The options data suggests an implied movement of 8.21% for the stock price by the options expiration date on June 28, 2024, indicating significant investor anticipation. Recent Performance and Analyst Expectations In the previous quarter, Walgreens reported earnings per share (EPS) of $1.20, surpassing analyst expectations of $0.82. Revenue was $37.05 billion compared to the expected $35.86 billion (Walgreens Boots Alliance, Inc.) (MarketBeat). Despite the broader economic challenges, the com

$Nike(NKE)$ is set to release its fourth-quarter earnings report for fiscal 2024 on June 27, 2024, after market close. This report is highly anticipated due to Nike’s strong market presence and potential to impact stock movement significantly, as evidenced by the current options data. Key Expectations Analysts are optimistic about Nike’s performance in Q4, projecting an increase in sales and profit compared to last year. The consensus estimate for Nike’s earnings per share (EPS) is 84 cents on revenues of $12.9 billion. This marks a notable improvement from the $1.03 billion profit or 66 cents per share on $12.83 billion in revenue reported in the same quarter of the previous year​ (Investopedia)​​ (Nasdaq)​. Options Data Insights The latest o

As $National Grid PLC(NGG)$ approaches its upcoming earnings report scheduled for June 28, 2024, the company has been at the centre of attention in the utility sector. Investors and analysts alike are keen to see how the company’s financial performance will influence its stock, especially with the expiration date of the July 19 options looming. Current Financial Snapshot National Grid has been demonstrating a resilient performance despite various market pressures. The latest financial results show a robust underlying operating profit of £4.77 billion for the 2023–2024 fiscal year, up from £4.58 billion in the previous year​ (National Grid)​​ (National Grid)​. The company’s commitment to substantial capital investments, amounting to £8.24 billion, u

As we approach earnings season, $British American Tobacco PLC(BTI)$ is gearing up for its upcoming earnings report, scheduled for July 25, 2024. Investors and analysts closely watch the company’s performance, particularly given the options data indicating significant movement potential. Current Market Overview British American Tobacco’s stock is currently priced at $31.70. The latest options data, set to expire on July 19, 2024, suggests an implied movement of ±4.04%. This projection places the potential stock price range between $32.98 and $30.42. The put/call ratio stands at 1.57, indicating a higher volume of put options relative to call options, which often signals bearish sentiment among investors​ (TipRanks)​​ (BAT)​​ (Nasdaq). Earnings Expec

GME 5-D Price Chart $GameStop(GME)$ remains a focal point for investors and market analysts as we approach the expiry of June 21, 2024 options. The current stock price is $24.70, and the options data indicates an implied movement of ±8.02%. This projection suggests potential price fluctuations between $22.72 and $26.68. Notably, the put/call ratio stands at 1, indicating a balanced sentiment among investors regarding the stock's future direction. GME Options Implied Move Financial Performance GameStop recently disclosed its Q1 2024 financial results, reporting a net loss of $32.3 million, a significant improvement from the $50.5 million loss in Q1 2023. Despite declining net sales to $0.882 billion from $1.237 billion the previous year, the company

SOUN 5-D Price Chart $SoundHound AI Inc(SOUN)$ has been capturing the spotlight in the AI sector with its innovative voice and speech recognition technologies. As the options expiration date of June 21, 2024, approaches, market watchers keenly observe the stock, which trades at $4.09. With an implied movement of ±5.62%, the stock price could rise to $4.32 or fall to $3.86. The put/call ratio is 0.74, indicating a bullish sentiment among investors. SOUN Options Implied Move Recent Developments Robust Q1 Performance and Revenue Growth SoundHound AI reported a remarkable 73% year-over-year revenue growth in the first quarter of 2024, reaching $11.6 million. This surge was attributed to increased demand for AI-powered voice solutions integrated into v

FFIE 5-D Price Chart Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) faces a pivotal moment as options expire on June 21, 2024. Currently trading at $0.47, the options data suggests an implied movement of 18.99%, predicting a potential price range between $0.38 and $0.56. The put/call ratio is evenly balanced at 1, indicating a neutral market sentiment​ (Yahoo Finance Canada)​​ (markets.businessinsider.com)​​ (Nasdaq)​. FFIE Options Implied Move Recent Developments and Financial Health Faraday Future recently celebrated a milestone by delivering its FF 91 2.0 to its first retail investor, signalling progress in its commercial production efforts​ (MarketBeat). However, the company's financials reveal significant challenges. Over the past year, FFIE's stock has plummeted by more than

TSLA 5-D Price Chart Tesla Inc. (NASDAQ: TSLA) continues to captivate investors and analysts alike, with its stock performance closely watched as the options expiry on June 21, 2024, approaches. The current stock price is $184.86, with an implied movement of 2.95%, suggesting potential volatility. This movement translates to a stock price range of $179.41 to $190.31​ (markets.businessinsider.com)​​ (markets.businessinsider.com)​. TSLA Options Implied Move Market Sentiment and Challenges Tesla's market sentiment has been mixed and influenced by events and announcements. The company's stock has seen a 25.6% decline since the beginning of 2024, reflecting challenges such as high interest rates, increased competition, and production delays​ (MarketBeat). Analysts have varied opinions on Tesla'

XLK 5-D Price Chart As the $Technology Select Sector SPDR Fund(XLK)$ approaches its options expiration on June 21, market participants are closely watching its movements. Currently priced at $231.41, XLK’s options data indicates an implied movement of 1.3%. This implies potential price ranges of $234.41 on the upside and $228.41 on the downside. The put/call ratio is 0.95, suggesting a relatively balanced sentiment among options traders. XLK Options Implied Move Market Sentiment and Recent Performance XLK has shown robust performance in recent months, which has been significantly influenced by bullish trends in the technology sector. Key holdings within XLK, such as Apple, Microsoft, and Nvidia, have reported strong earnings, bolstering the ETF’s v