0.44Open0.14Pre Close20 Volume388 Open Interest620.00Strike Price545.00Turnover102.45%IV14.94%PremiumAug 16, 2024Expiry Date0.00Intrinsic Value100Multiplier1DDays to Expiry0.43Extrinsic Value100Contract SizeAmericanOptions Type0.0294Delta0.0017Gamma1255.33Leverage Ratio-0.4148Theta0.0008Rho36.95Eff Leverage0.0253Vega
Adobe Stock Discussion
The latest CPI showed that the US inflation falling is falling, which gives market and the Federal Reserve a further boost for a rate cut in Sep.
The carpet is laid out nicely for the Fed
Meanwhile, S&P 500 has recovered and recouped all the losses from its 5th Aug’s sell off.
$Tesla (TSLA.US)$ $Invesco QQQ Trust (QQQ.US)$ $SPDR S&P 500 ETF (SPY.US)$ $NVIDIA (NVDA.US)$ $Super Micro Computer (SMCI.US)$ $Alphabet-A (GOOGL.US)$ $Meta Platforms (META.US)$ $Amazon (AMZN.US)$ $Netflix (NFLX.US)$ $Adobe (ADBE.US)$
What happened: last Monday, we saw a global market sell off. But by the end of the week, the US stock market has staged an incredible comeback by recovering almost all of the week’s losses!
Here's the question many have in mind - is this is a dead cat bounce?
$Palantir (PLTR.US)$ $Adobe (ADBE.US)$ $iShares 20+ Year Treasury Bond ETF (TLT.US)$ $iShares Bitcoin Trust (IBIT.US)$ $Bank of America (BAC.US)$ $NIO Inc (NIO.US)$ $Alibaba (BABA.US)$ $BABA-SW (09988.HK)$