5.92Open10.32Pre Close35 Volume163 Open Interest550.00Strike Price25.56KTurnover619.95%IV0.35%PremiumAug 23, 2024Expiry Date8.30Intrinsic Value100Multiplier-1DDays to Expiry1.95Extrinsic Value100Contract SizeAmericanOptions Type0.9753Delta0.0136Gamma67.06Leverage Ratio-206.3824Theta0.0000Rho65.40Eff Leverage0.0004Vega
Adobe Stock Discussion
Right now, S&P 500 is just a whisker away from its all-time high.
But we have 2 key events coming up – Nvidia’s earnings and a seasonal bearish September. How should we position ourselves ahead of these events?
$Meta Platforms (META.US)$ $Microsoft (MSFT.US)$ $Advanced Micro Devices (AMD.US)$ $iShares Bitcoin Trust (IBIT.US)$ $Marathon Digital (MARA.US)$ $Arm Holdings (ARM.US)$ $iShares 20+ Year Treasury Bond ETF (TLT.US)$ $Adobe (ADBE.US)$ $Salesforce (CRM.US)$ $CrowdStrike (CRWD.US)$
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?
$Palantir (PLTR.US)$ $Adobe (ADBE.US)$ $iShares 20+ Year Treasury Bond ETF (TLT.US)$ $iShares Bitcoin Trust (IBIT.US)$ $Bank of America (BAC.US)$ $NIO Inc (NIO.US)$ $Alibaba (BABA.US)$ $BABA-SW (09988.HK)$