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Options Spy: The AI sector is making a comeback; Apple's earnings report is expected to be poor
@OptionsBB:The Dow hit 35,679.13 on Tuesday, its highest intraday level since February 2022. Caterpillar (CAT), known as the canary in the boom, beat second-quarter earnings expectations and its shares closed up nearly 9 percent, their biggest one-day gain since March 2020. Pfizer's earnings sent health care stocks lower. Uber plunged 5.68 percent, Uber's operating profit finally turned positive, but its third-quarter guidance missed analysts' expectations, and Norwegian Cruise Line also gave a poor outlook, dragging down cruise stocks. On the data front, U.S. JOLTs job openings fell more than expected to about 9.58 million in June from 9.61 million in May, and the labor market appears to be slowing, which is likely to be welcomed by the Fed and reinforce expectations that interest rate hikes are unlikely to resume. On the political and economic front, more than 160 S&P 500 companies will report their latest results this week, and more than half of them have reported their latest results, with 80 percent beating earnings expectations. Credit rating agency Fitch stunned markets on Tuesday by cutting the United States' long-term foreign currency debt rating to "AA+" from the top "AAA" because of tax cuts and new spending measures that have pushed up U.S. debt over the past decade. When Apple reports earnings on Thursday, the consensus is for a 1.6% drop in second-quarter revenue, the biggest drop in third-quarter revenue since 2016. On the options side, selling calls tops the list of large trades, but selling puts indicates that the stock may not go below 190: $AAPL 20230811 192.5 CALL$ $AAPL 20230908 190.0 PUT$ * 9:30 ~ 10:30 every day, real-time sharing of exclusive screening options large order, welcome to click to subscribe. Option buyer open position (Single leg) Highlight order: $AMD 20240315 135.0 CALL$ $CVNA 20231020 45.0 PUT$ $PINS 20230818 28.5 PUT$ $UBER 20230908 42.0 PUT$ $NVO 20230818 162.5 CALL$ $PLTR 20231117 23.0 CALL$ Note: This image data is from Tiger PC. This screening is a significant buy open position for options contracts in the market. The purchase of a call option means that the trader believes that the underlying has upward momentum, and the purchase of a put option means that the trader believes that the underlying has downward momentum. These contract openings typically indicate significant activity in the underlying stock, including whether the trader is willing to accumulate a long or short option position. Option seller open position (Single leg) Highlight order: $AI 20230915 45.0 PUT$ $UBER 20230818 54.0 CALL$ $GOOGL 20230818 126.0 PUT$ $F 20231117 12.0 PUT$ $PLTR 20230804 20.0 PUT$ Note: This image data is from Tiger PC. This screen is a significant sell open position for an option contract in the market. A sell of a call option means that the trader believes that the underlying trend has peaked, and a sell of a put option means that the trader believes that the underlying trend has bottomed. These contract openings typically indicate significant activity in the underlying stock, including whether the trader is willing to accumulate a long or short option position. Options portfolio open position Note: This image data is from Tiger PC. This screening is a significant portfolio of options contracts in the market. Portfolio opening includes a variety of underlying trends, requiring traders to further master the basic knowledge of options for analysis and judgment.
Options Spy: The AI sector is making a comeback; Apple's earnings report is expected to be poorDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.