0.35Open0.35Pre Close0 Volume46 Open Interest113.00Strike Price0.00Turnover4450.85%IV11.47%PremiumSep 13, 2024Expiry Date0.00Intrinsic Value100Multiplier-2DDays to Expiry0.35Extrinsic Value100Contract SizeAmericanOptions Type-0.0717Delta0.0129Gamma363.54Leverage Ratio-549.9910Theta0.0000Rho-26.07Eff Leverage0.0003Vega
United Parcel Service Stock Discussion
Investors three-year losses continue as United Parcel Service (NYSE:UPS) dips a further 3.3% this week, earnings continue to decline
United Parcel Service, Inc - NYSE
Initial Cracks
Cracks in the markets were already showing 2 weeks back on the week of 23rd July. The catalyst that kicked off this meltdown started with two major stocks, Alphabet ( $Alphabet-A (GOOGL.US)$) and $United Parcel Service (UPS.US)$. Alphabet announced its earnings and even though it beat expectations, the performance was nowhere near stellar compared to the previous quarter. This was taken as a signal that perhaps t...
Chevron Corp (CVX US) $Chevron (CVX.US)$
Daily Chart -[BEARISH ↘ **] CVX shaped a bearish breakout of a triangle to the downside. As long as price is holding below 154.10 resistance, a further push down towards 144.35 support then 138.90 support is possible. Technical indicators are advocating for a bearish scenario as well.
Alternatively: A daily candlestick closing above 154.10 resistance will open a...
$United Parcel Service (UPS.US)$
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ (4 Hour Chart) -[BEARISH ↘ **] We stay bearish on S&P as further weakness is still expected. As long as price is holding below 5630.75 resistance, a further push lower towards 5544.25 support can be expected. Technical indicators are leaning more towards a bearish scenario. Price is holding below 13 period EMA and MACD is turning lower, showing a bui...
Tesla’s second-quarter earnings fell short of expectations as automotive sales declined for the second consecutive quarter.
Despite beating revenue estimates, the company reported a 7% decrease in automotive sales, partially offset by $890 million in regulatory credits. Following the earnings report, Tesla’s stock dropped nearly 8% in extended trading.
This comes after a challenging first half of the year for Tesla, which included layoffs and...
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