Market OverviewU.S. stocks rose on Tuesday (Dec. 23) and the S&P 500 notched a closing record after a flurry of economic data that included a reading of economic growth pushed bond yields higher and elevated growth names.Regarding the options market, a total volume of 42,807,940 contracts was traded, down 11% from the previous trading day.Top 10 Option VolumesTop 10: $NVDA(NVDA)$, $TSLA(TSLA)$, $MSTR(MSTR)$, $AMZN(AMZN)$, $AAPL(AAPL)$, $PLTR(PLTR)$, $AVGO(AVGO)$,
Option Movers | Oracle's $180 Put Rockets 388%; Cannabis Company Canopy Growth Shows 91% Call Ratio
Wall Street's main indexes closed lower on Wednesday, with the S&P 500 and the tech-heavy Nasdaq sinking to three-week lows as nagging worries about the artificial intelligence trade weighed on technology stocks.Regarding the options market, a total volume of 55,757,066 contracts was traded on Wednesday.Top 10 Option VolumesTop 10: $Tesla(TSLA)$, $Nvidia(NVDA)$, $Broadcom(AVGO)$, $Palantir(PLTR)$, $Oracle(ORCL)$, $AMD(AMD)$, $Netflix(NFLX)$, $Strategy(M
Option Movers | Nvidia Sees 62% Call Options; Traders Bet on Alphabet to $330
Market OverviewWall Street extended its rally on Tuesday (Nov. 25) as a spate of economic data appeared to support the case for the U.S. Federal Reserve to implement its third and final rate cut of the year in December, while softness in the tech sector limited the Nasdaq's gains.Regarding the options market, a total volume of 55,920,892 contracts was traded, up 3% from the previous trading day.Top 10 Option VolumesTop 10: $NVDA(NVDA)$, $TSLA(TSLA)$, $AMD(AMD)$, $AAPL(AAPL)$, $META(META)$, $GOOG(GOOG)$,
Market OverviewThe Dow ended lower and the S&P 500 finished flat on Wednesday (Oct. 29) after the Federal Reserve cut interest rates but Fed Chair Jerome Powell said another rate cut in December is far from assured.Regarding the options market, a total volume of 56,458,184 contracts was traded, down 5% from the previous trading day.Top 10 Option VolumesTop 10: $NVDA(NVDA)$, $TSLA(TSLA)$, $PLTR(PLTR)$, $AAPL(AAPL)$, $AMZN(AMZN)$, $AMD(AMD)$, $MSFT(MSFT)$,
Option Movers | Tesla's Volume Hits 4.3 Million; Intel Options See Robust Engagement Before Earnings Release
Wall Street advanced on Thursday (Oct. 23) as investors mulled a mixed batch of corporate earnings and shifting geopolitical concerns. All three major U.S. stock indexes closed higher, with tech strength nudging the Nasdaq into the lead.Regarding the options market, a total volume of 57,833,935 contracts was traded on Thursday, call ratio accounted for 60%.Top 10 Option VolumesTop 10: $TSLA(TSLA)$; $NVDA(NVDA)$; $BYND(BYND)$; $INTC(INTC)$; $AMD(AMD)$; $AMZN(AMZN)$; $SMCI(SMCI)$;
Earnings Trap: Why Beats Are Busting Stocks – And How You Crush It Anyway!
Big banks just crushed expectations last quarter – Goldman Sachs smashed with $12.25 EPS, JPMorgan raked in $47.1 billion revenue, Wells Fargo and Citibank followed suit with solid beats. Yet, the aftermath? Mixed bag at best. Bank of America popped 4.7% initially, but others dipped despite the wins, classic "sell the news" in action. Stocks ramp up on hype pre-earnings, then reality hits – even great numbers can't top sky-high forecasts, triggering profit-taking. With another jam-packed week ahead, loaded with heavy hitters, it's prime time to flip the script. Forget getting burned; here's how to trade smart, stack gains, and turn volatility into your edge. First, decode the "sell the news" beast. It thrives when stocks balloon 10-20% into reports on whispers of beats, then fizzle post-re
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. As of December 31, 2021, it operated approximately 135 wells. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona.