$Apple (AAPL.US)$was set to report fiscal first-quarter earnings after the market closes on Thursday and wall street expected the world's most valuable company to show strength in its iPhone and services businesses ahead of the company unveiling the "widest array" of new hardware products later this year.
$Ford Motor (F.US)$and Jiangling Motors Corporation announced the establishment of the Jiangling Ford Automobile Technology Co. joint venture in China to further collaboration between the two automakers. The new JV will see Ford hold a 49% stake and Jiangling a 51% stake.
Morgan Stanley analyst Thomas Allen upgraded$DraftKings (DKNG.US)$to an Overweight from Equal Weight. He maintained a $31 price target on the stock in a report titled “Too Big an Opportunity to Ignore; Upgrade to Overweight.”
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.