To The Moon

As the tide turns, it is the turn of emerging markets to rebound, and the dollar is expected to start turning around.Emerging Markets is literally Emerging Markets $iShares MSCI Emerging Markets ETF(EEM)$ . The etf's holdings include listed companies in emerging markets such as China, India, South Korea and Brazil. From an investment point of view, the stock is a little awkward, because usually these countries do not move in the same direction. There are also more segmented ETFs on the market, so the investor wouldn't think to trade them in the first place.But options trading on this etf is very active, and I don't know what the institutions are thinking, but someone bought the super long call straddle yesterday:buy

Last week was the fourth week of June. From the overall situation of option transactions, many institutions began to purposefully layout July weekly options. After all, there are big events every week in July: nonfarm in week 1, CPI in Week 2, the start of earnings season in week 3, and FOMC in week 4. From the perspective of the weekly option opening situation, the institution as a whole tends to be optimistic, of course, the most optimistic is Nvidia:buy $NVDA 20230630 450.0 CALL$I thought I was dazzled when I saw this big order. Two million, 10,000 lots. Options expire this week.The last time I vaguely remember seeing a big option order like this was at Tesla. $M