U.S. stock futures were quiet in early morning trading on Tuesday after a tech-focused sell-off spurred by rising bond yields that saw the Nasdaq Composite drop more than 1%.
Biden also announced on Tuesday that he would tap the strategic petroleum reserve in an attempt to lower gas prices at a time when inflation is running at its highest level in three decades.
Deliveries of the China-made$Tesla (TSLA.US)$Model Y Performance will begin soon, the company said on Weibo. "Welcome new owners to the Tesla family and join us in accelerating the world's transition to sustainable energy," Tesla said, without providing more information.
$Ford Motor (F.US)$and$Rivian Automotive (RIVN.US)$have decided to go their separate ways rather than collaborate on future electric vehicles, backing away from an earlier strategic pact that led to a multibillion-dollar windfall for Ford.
$NIO Inc (NIO.US)$'s rival$XPeng (XPEV.US)$reported third-quarter revenues that exceeded expectations but the loss per share trailed expectations. The company's gross margins expanded both sequentially and year-over-year.
How to read the chart
· The chart shows stocks with themost option activitiesof the previous trading day.
·Put/Call ratio >0.7means more the stock attractmore bears than bulls.Put/Call ratio<0.7means the stock attractmore bulls than bears.
· Option volume indicates the shares of contracts traded for the day.
· Open interest indicates the total number of option contracts that are currently open – that means they arenot yet exercised or offset.
Want to know more info on trending option?
This function could be found by selecting "Quotes – Markets – Option". You would need access to"option real-time quotes"to access this function.
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