30.86Open30.86Pre Close0 Volume0 Open Interest451.00Strike Price0.00Turnover252.35%IV3.99%PremiumJul 24, 2024Expiry Date12.38Intrinsic Value100Multiplier0DDays to Expiry18.48Extrinsic Value100Contract SizeAmericanOptions Type0.8278Delta0.0189Gamma33.96Leverage Ratio-35.5938Theta0.0005Rho28.11Eff Leverage0.0136Vega
Invesco QQQ Trust Stock Discussion
$Invesco QQQ Trust(QQQ.US)$ $Tesla(TSLA.US)$
It might not look like much but the regime just shifted.
What is this chart ?
It shows the change in the S&P 500 in % from a 1 daily standard deviation *rise* in US real GDP growth, holding all other factors constant (I.e the sensitivity of SP500 to US real GDP)
This was bobbling around in negative territory ("bad news is good news" regime).
Now it has turned positive ("bad news is bad news")
[How ...
If the market trades lower, CTAs are projected to sell more than $7 billion worth of equities.
$Vanguard S&P 500 ETF(VOO.US)$ $SPDR S&P 500 ETF(SPY.US)$ $iShares Core S&P 500 ETF(IVV.US)$ $Invesco QQQ Trust(QQQ.US)$ $Invesco NASDAQ 100 ETF(QQQM.US)$
$Meta Platforms(META.US)$ $Netflix(NFLX.US)$ $Alphabet-C(GOOG.US)$ $Microsoft(MSFT.US)$ $Tesla(TSLA.US)$ $Apple(AAPL.US)$ $NVIDIA(NVDA.US)$
Eur usd rising, cad usd rising, looks like bounce up.
And was just fake for now.
But still time to open, to asses further.
$Invesco QQQ Trust(QQQ.US)$
$Apple(AAPL.US)$
$Microsoft(MSFT.US)$
market wants down before earnings, otherwise risk of an all out crash on disappointment is too high.
For risk control, going down means not being euphoric and gives the option to be positively surprised.
We will see, for now, market seems to pave it's way further down.
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