Big money took on a $20 million bearish position on $Netflix(NFLX.US)$options last week that could turn a profit as the stock price declines heading into earnings due after the market closes Thursday.
A seller wrote call options that give the holders the right to buy 400,000 Netflix shares at $640 each by Sept. 20. Those call options were sold at a price of $50.25 a share, and the trade was posted on July 11, whe...

$Intel(INTC.US)$'s rally to the highest since April unleased bearish positions on the stock, spurring heavy optionstrading for the chipmaker.
On Monday, as the stock sealed a five-day gain of more than 10%, the number of shares that were sold short more than doubled to 9.69 million from a week earlier, exchange data tracked by moomoo showed. That's almost 12% of the total volume.
Investors and speculators are shorting the sto...

$Tesla(TSLA.US)$ $NVIDIA(NVDA.US)$ $Apple(AAPL.US)$ The RSI indicator measures the relative strength or weakness of a security's price momentum. It is calculated by calculating the average of the increase and decrease. The value of RSI1 is between 0 and 100 and is generally assumed to be:
When RSI1 is above 70, the securities may be overbought.
When RSI1 falls below 30, securities may be oversold.
Since the RSI indicator is highly practical, it is loved by most investors. Although the RSI indicator has many advantages such as being able to send early buy or sell signals ahead of other technical indicators, investors should be aware that RSI can also send misleading information. Due to various reasons, the indicator also has blind spots in actual application. There is no perfect technical analysis tool in the current market, and the same goes for RSI. Compared with Futubull Niu's own RSI, our indicator can identify overbought and oversold at a glance, diverging from top to bottom, and is more suitable for newbies
The indicator cannot determine the rise or fall of the stock price; changes in the stock price are the fundamental factors that determine the operation of the indicator. The most important function of the RSI indicator is that it can show the basic trend of the current market, indicate whether the market is strong or weak, or in a sideways market, and can also roughly predict whether the peak or bottom will arrive. But the RSI indicator can only be from a certain...

$Tesla(TSLA.US)$ Calls at $198.74 🫵🏻

$Tesla(TSLA.US)$ released its second quarter of 2024 earnings after the U.S. stock market closed on July 24, with poor profit performance. Second-quarter revenue of $25.5 billion (the same below), up 2% year over year, exceeding the Bloomberg consensus of $24.11 billion; Gross margin for the quarter was 18%, higher than the Bloomberg consensus of 17.4%; But operating profit and adjusted EPS were weaker than expected.
The auto bu...

On Wednesday, July 24th, we saw a big drop in the U.S. stock market with all three major indices takin' a hit. The Nasdaq fell a hefty 3.6%, with Tesla leading the charge down by more than 12%, and NVIDIA also slippin' nearly 7%.
Now, as we're just gettin' into earnings season, this sell-off has got folks wonderin' if it's time to cash out and take profits.
$Tesla(TSLA.US)$ $Invesco QQQ Trust(QQQ.US)$ $NVIDIA(NVDA.US)$ $IBM Corp(IBM.US)$
...

by Luzi Ann Santos | moomoo News
Magnificent Seven stocks dragged the rest of the stock market lower amid speculation investors are rotating out of this year's biggest gainers and rolling into equities whose strong fundamentals have been overshadowed by the artificial intelligence (AI) frenzy.
The $S&P 500 Index(.SPX.US)$ fell 2.3% to close at 5,427.13, while the $Nasdaq Composite Index(.IXIC.US)$ lost 3.6% to 5,427.13. The two...