0.15Open0.15Pre Close0 Volume323 Open Interest5315.00Strike Price0.00Turnover1709.26%IV7.59%PremiumOct 4, 2024Expiry Date0.00Intrinsic Value100Multiplier0DDays to Expiry0.15Extrinsic Value100Contract SizeEuropeanOptions Type-0.0030Delta0.0001Gamma38340.47Leverage Ratio-722.6684Theta0.0000Rho-113.84Eff Leverage0.0009Vega
HuatLady : Thanks for the rewards
102362254 : Next week’s earnings are likely to drive continued volatility throughout October, in line with historical trends and current market conditions. There seems to be growing optimism that this season could outperform the mixed results of the previous quarter, with several key companies expected to deliver strong performances. I’m feeling quite positive and eager to see how it all unfolds
HuatEver :
ZnWC : Thanks for the reward points
Warren Buffett said “Market Fluctuations are your friend, not your enemy… profit from the folly rather than participate in it”. Stock market volatility may not be a bad thing, you just need to manage the risk so that it will not be permanent capital loss.
I think the volatile October trend will continue because more uncertainty ahead is expected. Some possible examples are the US presidential election, escalation of conflict (Hamas- Israel war and Ukraine -Russian conflict) and US Fed's comment on inflation and US recession.
I have a long position portfolio hence not utterly worried about any downtrend - just noise to me. In fact, I am looking forward to some company Q3 earnings announcement and Tesla Robotaxi unveils on 10/10. Volatility will also benefit my options trading provided I can manage my risk and avoid greed (e.g. FOMO buy). This is the dawn of a bull market and I expect the FOMC will announce more rate cuts in Q4.