0.00Open0.01Pre Close0 Volume6.01K Open Interest523.00Strike Price0.00Turnover111.67%IV-3.12%PremiumDec 24, 2024Expiry Date15.81Intrinsic Value100Multiplier-18DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type-0.0098Delta0.0087Gamma50719.00Leverage Ratio-3.7218Theta0.0000Rho-497.92Eff Leverage0.0007Vega
KBB : Yes, all true but wake up call I’m not so sure because we knew interest rates were not going to be lowered before the jobs report. The market reacts because of algorithms and shifting money as quickly as possible, and has become less of an investment opportunity than a trading opportunity. A good jobs report means more people employed meaning more tax income, meaning more cash in hand for individuals that are working to buy computers and other retail items which is the flipside of lower interest rates. It is a complicated mechanism for sure.