Ali Farahbakhsh
voted
The quantum computing sector has been the talk of the town these days, with companies like $Quantum Computing (QUBT.US)$, $Rigetti Computing (RGTI.US)$, and $D-Wave Quantum (QBTS.US)$ posting extraordinary returns. For instance, $Quantum Computing (QUBT.US)$ has surged nearly 19 times in value this year alone! 😮 This surge isn't just driven by impressive numbers—market sentiment is also riding high, bolstered by significant advan...
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Ali Farahbakhsh
voted
$Strategy (MSTR.US)$ shares took a roller-coaster ride Thursday, spurring increasing activities in the options market just after Bitcoin hit a new milestone, climbing above $100,000.
The software company, whose business strategy includes buying and holding Bitcoin, saw its shares jump as much as 9.6% to an intra-day record high of $444.94 after $Bitcoin (BTC.CC)$ soared past $103,000. That rally almost pushed the $45...
The software company, whose business strategy includes buying and holding Bitcoin, saw its shares jump as much as 9.6% to an intra-day record high of $444.94 after $Bitcoin (BTC.CC)$ soared past $103,000. That rally almost pushed the $45...
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Ali Farahbakhsh
voted
Good morning, traders. Happy Tuesday, November 26th. The Dow closed at a high yesterday, and the S&P 500 hit a trading record.
You will not make it through today without the news and animal spirits moving markets. My name is Kevin Travers, here is what's live:
$Amgen (AMGN.US)$ investors tightened their belts and shaved 11% of the stock price Tuesday after the firm said in a press release their Phase 2 study of MariTide showed ...
You will not make it through today without the news and animal spirits moving markets. My name is Kevin Travers, here is what's live:
$Amgen (AMGN.US)$ investors tightened their belts and shaved 11% of the stock price Tuesday after the firm said in a press release their Phase 2 study of MariTide showed ...
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Ali Farahbakhsh
liked
In May 2024, the US annual inflation rate unexpectedly dipped to a three-month low of 3.3%, defying predictions that it would remain steady at April's rate of 3.4%.
Inflation eased for food (2.1% vs 2.2%), shelter (5.4% vs 5.5%), transportation (10.5% vs 11.2%) and apparel (0.8% vs 1.3%) and prices continued to decline for new vehicles (-0.8% vs -0.4%) and used cars and trucks (-9.3% vs -6.9%). On the other hand, energy costs rose more (3.7% vs 2....
Inflation eased for food (2.1% vs 2.2%), shelter (5.4% vs 5.5%), transportation (10.5% vs 11.2%) and apparel (0.8% vs 1.3%) and prices continued to decline for new vehicles (-0.8% vs -0.4%) and used cars and trucks (-9.3% vs -6.9%). On the other hand, energy costs rose more (3.7% vs 2....
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Ali Farahbakhsh
voted
(Here's an update to the options I wrote about earlier this week for readers who are curious whether those positions paid off.)
$GameStop (GME.US)$ call option holders got crushed as zero-days-to-expiration (0DTE) contracts quickly lose their value amid an extended stock sell-off that sent the share price back to its level before meme-stock guru Roaring Kitty returned to social media X and sparked a frenzy.
GameStop shares ...
$GameStop (GME.US)$ call option holders got crushed as zero-days-to-expiration (0DTE) contracts quickly lose their value amid an extended stock sell-off that sent the share price back to its level before meme-stock guru Roaring Kitty returned to social media X and sparked a frenzy.
GameStop shares ...
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Ali Farahbakhsh
commented on and voted
Whales sold a combined $11.7 million in short positions on $GameStop (GME.US)$ that could benefit if the shares slump below $20 before the contracts turn into so-called zero-day-to-expiration (0DTE) options.
As of 10:42 a.m. Thursday, nine block trades were posted, each carrying a premium of more than $1.2 million. The sellers sold a combined 9,000 contracts that give the holders the right to sell a total of 900,000 shares ...
As of 10:42 a.m. Thursday, nine block trades were posted, each carrying a premium of more than $1.2 million. The sellers sold a combined 9,000 contracts that give the holders the right to sell a total of 900,000 shares ...
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