Previous Highlights Although the movement in the indexes Friday is relatively sedate so far, there is plenty of chaotic trading activity taking place. The sellings that happened into the close on Thursday continued this morning due in part to the very poor reaction to$Netflix (NFLX.US)$'s earnings.
Addtion to the earning reaction, according to Goldman Sachs, there is $1.3 trillion in single-stock options set to expire Friday, which is the second-most ever. That is sure to create some last-minute movement. The market could await some adjustment next week.
Wells Fargo raises$Apple (AAPL.US)$'s price target to $205 From $165 right before the plunge happened, could that mean something?
$Peloton Interactive (PTON.US)$shares plunged on reports the company planned to temporarily halt production of some of its products as a result of waning consumer demand.
$Netflix (NFLX.US)$gross subscriber adds remain "soft" compared with levels seen in the pandemic-fueled climb in the first half of 2020, and the company is poised for declining earnings per share growth, KeyBanc Capital Markets said in a note Friday.
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 attract more 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 are not yet exercised or offset.