Options Spy | Implied that the system was not sound, institutions shorted bank shares

Major U.S. stock indexes rallied on Thursday after a sell-off in technology stocks on Wednesday sparked by the Fed's failure to cut interest rates in March. Investors are buying on dips ahead of earnings reports from tech giants such as Apple and Meta.

As widely expected, the Federal Reserve left interest rate policy on hold, but Chairman Jerome Powell doused hopes that the Fed would soon start cutting rates, sparking a sell-off in U.S. stocks on Wednesday. Powell dismissed the possibility of a rate cut at the March meeting as unlikely because it is not the "base case" for the Fed as it considers easing monetary policy this year.

Federal Reserve officials on Wednesday removed a description of the U.S. banking system as "sound and resilient" from a key policy statement, language the central bank had used since March 2023 to reassure the public that regional lending problems had been contained. NYCB shocked Wall Street by slashing its dividend, Posting a surprise quarterly loss and setting aside millions of dollars for future loan losses. Most bank stocks plunged during the day, and $Citi (C)$large call option orders for the week expired appeared as sellers: $C 20240202 55.0 CALL$

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FANNG option active

$Microsoft(MSFT)$ Buy CALL option $MSFT 20240419 480.0 CALL$

$Tesla Motors(TSLA)$ Buy PUT option $TSLA 20241115 180.0 PUT$

Option buyer open position (Single leg)

Buy TOP T/O:

$MSFT 20260116 450.0 CALL$ $TSLA 20241115 180.0 PUT$

Buy TOP Vol:

$CVE 20240315 18.0 CALL$ $AGNC 20240216 9.0 PUT$

Option seller open position (Single leg)

Sell TOP T/O:

$NVDA 20261218 600.0 PUT$ $BA 20261218 210.0 PUT$

Sell TOP Vol:

$BHC 20240322 8.0 CALL$ $SIRI 20240920 2.0 PUT$

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.

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  • Mangoman
    ·02-04
    [Smile] [Smile] [Smile] [Smile] [Smile] [Smile] [Smile] [Smile] [Smile] [Happy]  
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  • YYLSG
    ·02-04
    Great ariticle, would you like to share it?
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  • Kho_YK
    ·02-04

    Great ariticle, would you like to share it?

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  • Mangoman
    ·02-04

    Great ariticle, would you like to share it?

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  • Run4money
    ·02-04

    Great ariticle, would you like to share it?

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  • Cookester
    ·02-04

    Great ariticle, would you like to share it?

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  • HiTALK
    ·02-02
    Agreed! Big moves in tech stocks!
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  • YYLSG
    ·02-04

    Like

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  • willwees
    ·02-04
    nice
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  • Tom Chow
    ·02-03
    good
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  • KSR
    ·02-03
    👍
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  • gono
    ·02-02
    great
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