US OptionsDetailed Quotes
ALL241220C220000
- 0.30
- -0.20-40.00%
15min DelayTrading Nov 22 10:18 ET
0.35High0.30Low
0.33Open0.50Pre Close10 Volume60 Open Interest220.00Strike Price341.00Turnover18.36%IV8.43%PremiumDec 20, 2024Expiry Date0.00Intrinsic Value100Multiplier28DDays to Expiry0.30Extrinsic Value100Contract SizeAmericanOptions Type0.0765Delta0.0138Gamma677.25Leverage Ratio-0.0279Theta0.0118Rho51.79Eff Leverage0.0812Vega
Allstate Stock Discussion
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The Federal Reserve on Wednesday implemented its first rate cut in over four years, reducing the benchmark rate by 50 basis points to a range of 4.75%-5%.
The move surpassed Wall Street's expectations. Analysts had generally anticipated a 25 basis point cut, while the futures market had priced in a 61% probability of a 50 basis point cut and a 39% probability of a 25 basis point reduction.
Market Response to First Rate Cut
St...
The move surpassed Wall Street's expectations. Analysts had generally anticipated a 25 basis point cut, while the futures market had priced in a 61% probability of a 50 basis point cut and a 39% probability of a 25 basis point reduction.
Market Response to First Rate Cut
St...
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Financial stocks were once not favored by many investors, but this seems to be changing. The S&P Financial Select Sector Index has risen about 21% so far this year, outperforming the $S&P 500 Index (.SPX.US)$'s gain of 15.73%.
Source: S&P Global
According to Dave Donabedian, the CIO of CIBC’s private wealth division, “sticky money is flowing into the sector for the first time in a long time.” The reasons for this, he says, include investors looki...
Source: S&P Global
According to Dave Donabedian, the CIO of CIBC’s private wealth division, “sticky money is flowing into the sector for the first time in a long time.” The reasons for this, he says, include investors looki...
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Morning Movers
Gapping up
$Estee Lauder (EL.US)$ Shares soared over 3% following an upgrade to buy from neutral by Bank of America, which referenced the company's profitability recovery efforts, new products, and growing market share in the prestige beauty sector.
$Allstate (ALL.US)$ The insurance stock climbed 0.9% after HSBC raised its rating to buy from hold, with analyst Vikram Gandhi commending the company's "decisive management...
Gapping up
$Estee Lauder (EL.US)$ Shares soared over 3% following an upgrade to buy from neutral by Bank of America, which referenced the company's profitability recovery efforts, new products, and growing market share in the prestige beauty sector.
$Allstate (ALL.US)$ The insurance stock climbed 0.9% after HSBC raised its rating to buy from hold, with analyst Vikram Gandhi commending the company's "decisive management...
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Progressive could be set for ad spending growth in 2024 due to stable underwriting. Insurers like Progressive, Allstate, and Travelers rally, suggesting possible future gains.
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The auto insurance industry experienced a challenging post-pandemic era. Many insurers have struggled to keep pace with elevated used-car prices, worsening frequency and severity of accidents, and higher costs tied to medical claims and litigation related to accidents. The Travelers Companies' shares have fallen 5.72% this year, and Allstate Insurance shares dropped 16.06% year to date.
It's well known that Warren Buffett has a soft spot for auto insurer ...
It's well known that Warren Buffett has a soft spot for auto insurer ...
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Analysts are bracing for a potentially grim Q2 earnings season, with companies preparing to report their performance for the April quarter later this week. According to FactSet, market experts predict that earnings will see a decline of 7.2% year-over-year, which is even worse than the expected 4-7% decline forecasted on March 31.
The current market conditions have set the stage for another challenging quarter, with Q2 exhibiting notable similarities t...
The current market conditions have set the stage for another challenging quarter, with Q2 exhibiting notable similarities t...
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Last Wednesday，the CPI announced by the US Bureau of Labor Statistics rose by 4.9% year-on-year in April, which was the 10th consecutive decline since the high point in the second half of last year, and the smallest year-on-year increase since April 2021, which was lower than the expected 5% and the previous 5%, while the CPI rose by 0.4% month-on-month and the expected 0.4%.
Howe...
Howe...
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Here are the top gap ups and downs for the stocks with a market cap above $5 billion after the previous market closed (gaps range from large to small):
Gap Ups
1. $Sibanye Stillwater (SBSW.US)$ - up 2.2%
2. $Gold Fields (GFI.US)$ - up 1.9%
3. $Sasol (SSL.US)$ - up 1.8%
4. $BeiGene (BGNE.US)$ - up 1.5%
5. $Wheaton Precious Metals (WPM.US)$ - up 1.1%
6. $SK Telecom (SKM.US)$ - up 0.9%
7. $James Hardie Industries (JHX.US)$ - up 0.9%
8. $Genmab (GMAB.US)$ - up 0.8%...
Gap Ups
1. $Sibanye Stillwater (SBSW.US)$ - up 2.2%
2. $Gold Fields (GFI.US)$ - up 1.9%
3. $Sasol (SSL.US)$ - up 1.8%
4. $BeiGene (BGNE.US)$ - up 1.5%
5. $Wheaton Precious Metals (WPM.US)$ - up 1.1%
6. $SK Telecom (SKM.US)$ - up 0.9%
7. $James Hardie Industries (JHX.US)$ - up 0.9%
8. $Genmab (GMAB.US)$ - up 0.8%...
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Paul 1968 : The labor market is not strong, it's election time and they want everything to look good so that they can keep the one's in power right where they are at.
lsk529 :
Laine Ford : I will not cut.
Alice Lim choo : good
Alice Lim choo : good
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