Options Market Statistics (12/16): Stocks Extend Slump as Recession Worries Weigh
Stocks were poised for renewed losses after central banks globally signaled their intent to rein in inflation with higher interest rates.
Stocks on Wall Street will also be focused on today's scheduled options and futures expiry, known as the quadruple witching hour, which typically triggers late-session volatility.
News Highlights
$Twitter (Delisted) (TWTR.US)$ suspends several journalists, Musk cites 'doxxing' of his jet. Twitter on Thursday suspended the accounts of several prominent journalists who recently wrote about its new owner Elon Musk, with the billionaire tweeting that rules banning the publishing of personal information applied to all, including journalists.
$Amazon (AMZN.US)$ The company is seeking to bring popular fantasy game "Warhammer 40,000" to life after agreeing in principle to produce film and television content with British developer Games Workshop.
$Netflix (NFLX.US)$plunged more than 8% yesterday, with an option volume of nearly 290,000, and puts accounted for nearly 52%.
$Advanced Micro Devices (AMD.US)$ fell 3.48% to $65.53, with an option volume of nearly 460,000, and puts accounted for nearly 60%.
$Tesla (TSLA.US)$ stock edge higher despite market weakness, with an option volume of nearly 2.38 million, after Musk sold some of his shares, and calls accounted for nearly 53.9%.
Unusual Stock Options Activity
Source: Benzinga, Dow Jones, CNBC
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70784737 : Today will be a breather to the upside // dump comes Monday
thoumustbfilled3 : Amen!!
Correct!!!!
Hashtags 70784737 : You must be talking to God to know this. Well done