0.00Open7.67Pre Close0 Volume0 Open Interest536.00Strike Price0.00Turnover317.08%IV-4.17%PremiumDec 24, 2024Expiry Date28.81Intrinsic Value100Multiplier-18DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type-0.9775Delta0.0179Gamma66.13Leverage Ratio-63.7612Theta0.0000Rho-64.64Eff Leverage0.0005Vega
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.