Bitcoin Is Having a Tough Year. Traders Are Betting It's Going to Get Worse
Bitcoin futures plunged to $58,995 on Thursday, the lowest level since October 2024, representing a 52 percent drawdown from last year’s peak. The cryptocurrency has been testing the $60,000 barrier all year, briefly rebounding above $67,000 before the recent dip. Options activity around the iShares Bitcoin Trust ETF (IBIT) surged, with put contracts dominating trade volume and premium. Market pricing now suggests a roughly 48 percent chance IBIT will fall below $30.5 by the end of August, indicating heightened bearish sentiment.
SpaceX Surge Is Creating a Unique Hedging Opportunity
SpaceX’s Nasdaq debut pushed its market value past $2.5 trillion, the largest ever for a newly listed company. The IPO sparked a record‑breaking first day of options trading, with about 1.8 million contracts changing hands. Large block trades revealed divergent bets: a...
SpaceX IPO Shines a Light on the Product Set to Disrupt Wall Street
SpaceX’s $2 trillion IPO sparked a surge in blockchain‑based perpetual futures, with Hyperliquid and Binance offering "perps" that traded more than 7 million contracts and $1.2 billion in volume before the stock opened. Traders on these platforms quoted prices up to $180, closely...
Unique SpaceX IPO Is Hedging Challenge for Wall Street: 'What Are You Going to Do, Short NASA?'
SpaceX will list on Nasdaq under the ticker SPCX on Friday, with options debuting June 16. The rapid rollout leaves investors with limited data to gauge day‑to‑day trading dynamics, creating the toughest hedging scenario seen in nearly 30 years. Without...
Cybersecurity Stocks Are Surging. One Looks Promising Into Earnings
Zscaler (ZS) is poised for a bullish reversal as it prepares to report earnings after the market close. The cloud‑native security firm posted 26% year‑over‑year revenue growth, with trailing twelve‑month revenue projected at $3.32 billion and free‑cash‑flow margins near 27%. Its...
Traders Think This Legacy Tech Stock Is the Ultimate Quantum Play
Traders are flooding IBM options after the company secured a $1 billion quantum‑computing grant from the U.S. Commerce Department, the largest in the program. Cboe data shows nearly 200,000 contracts traded, an activity level 15 times the 30‑day average, with calls...
Something Very Unusual Is Happening with Nvidia Options
Nvidia’s options market is showing an uncommon bullish skew ahead of its May 22 earnings, with short‑dated calls priced above equivalent puts. The implied volatility suggests roughly a $14 move by week’s end, yet out‑of‑the‑money calls are more expensive than...
Higher Aluminum Prices Are Powering One Former Dow Component. Here's How to Buy for Less
Alcoa is capitalizing on a four‑year high in LME aluminum prices, prompting a buy‑write (covered‑call) trade that lets investors acquire shares at a reduced net cost. The June $70 buy‑write proposes buying at $62.50 and selling a $70 call for...
Nvidia's Trillion-Dollar Run Puts Pressure on the Bulls
Nvidia’s market value surged to just under $5.7 trillion after a 20 % rally since May 5, spurred by U.S. clearance for Chinese firms to buy its H200 AI processors. The jump has inflated options exposure, with $40 billion of delta versus $4 billion of...
Bulls Bet Big on These Three China-Related Stock Trades During Trump Visit
During President Trump’s Beijing visit, market bulls placed large bets on three China‑related trades. Alibaba surged 8% despite an earnings miss, lifting the iShares China Large‑Cap ETF (FXI) 2.5%. Ford jumped 13% after a Morgan Stanley note highlighted its energy‑storage...
AI Super Rally Has Retail Investors Acting the Most Aggressive Since Trading Frenzy During Covid
Retail investors are driving the latest AI‑fuelled market rally, snapping up call options on Cboe’s “Mag 10” stocks at the strongest 10‑day pace since 2021. New positions were 52% calls and only 17% call‑selling, signaling aggressive bullish bets. The Nasdaq‑100 surged...
Bulls Are Piling Into This Warren Buffett Favorite Ahead of Earnings
Traders are loading up on bullish options ahead of Occidental Petroleum's earnings, with call volume outpacing puts 7‑to‑1. One of the largest trades was a $175,000 call spread targeting a one‑year high. OXY shares rose 2.7% Monday and are up...
Nvidia, Intel Call Buyers Defy the Dip in Chip Stocks
Semiconductor stocks slipped, with the VanEck SMH ETF down about 1%, but options traders are betting on a rebound. A $2.2 million purchase of 2,168 at‑the‑money Nvidia $210‑strike calls, expiring May 15, reflects confidence as the stock hit a record $212.65. Nvidia...
'CAR' Crash: Avis Budget Stock Plunge Reminding some on Wall Street of GameStop
Avis Budget Group (CAR) shares rocketed from under $100 to a record $850 before tumbling 38% to about $417, echoing the 2021 GameStop frenzy. Options activity surged with over 200,000 contracts, pushing implied volatility to 235%, far above the S&P 500’s...