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SPY, QQQ: Traders Price In Limited Upside Next Week As Market Awaits Fed Decision, Inflation Data Release
Friday, June 9, 2023 - 7:07am | 381Major Wall Street indices have so far traded flat this week with investors and traders maintaining caution ahead of the Federal Reserve's June policy decision next week. Traders are factoring in a status quo policy in June with a 72.4% probability the Fed will not hike rates this time, according to...
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Mystery Trader's Options Bet Linked With Debt Ceiling Bill Leads To Insider Trading Concerns: Report
Monday, June 5, 2023 - 2:05am | 536A mystery trader is reportedly sitting on significant gains on an options bet regarding a 300-mile natural gas pipeline that was green-lit by the United States government as part of the debt ceiling agreement. Interestingly, the gas pipeline approval surprised most Wall Street analysts, many of...
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S&P 500: As Fed Decision Looms, Here's A Look At Crucial Trading Levels Priced In By Options Market
Friday, June 2, 2023 - 6:17am | 364Despite the crucial debt-ceiling voting this week, the S&P 500 has managed to stay in the green so far. The Senate on Thursday night cleared the debt ceiling bill with 63 votes in favor of the legislation and 36 votes against it. The index is currently trading near highs seen in August 2022....
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SPY, QQQ: Key Trading Levels Factored In By Options Market Ahead Of Budget Bill Vote
Wednesday, May 31, 2023 - 7:42am | 383The debt ceiling bill, agreed to by President Joe Biden and House Speaker Kevin McCarthy, surpassed an important hurdle on Tuesday evening as the powerful House Rules Committee reportedly voted seven to six to advance the bill to the floor. The bill will hit the floor Wednesday for debate and a...
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How Much More Can Nvidia Stock Rally After Recent Surge? Options Market Offers Vital Clues
Friday, May 26, 2023 - 5:39am | 443It is a well-known fact that institutional investors, with their sophisticated tools and technology, most often manage to capitalize on a sustained stock rally. However, the question regarding how much steam is left in an already rallying stock is something that puzzles retail investors. One such...
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Options Market Signals Limited Upside For S&P 500 By Mid-June: Crucial Levels To Watch Out For
Thursday, May 25, 2023 - 6:38am | 358U.S. markets ended in the red on Wednesday as the debt ceiling stand-off continued without any resolution. The S&P 500 index has logged two consecutive days of losses now, closing at 4,115.24 during the last session. With the political deadlock continuing and Fitch putting the U.S. ratings on...
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Tesla, Amazon, Meta: What Options Market Shows About Key Trading Levels Ahead Of Potentially Volatile Week
Monday, May 22, 2023 - 8:35am | 538Equity markets have so far displayed tremendous resilience to the debt ceiling stand-off as President Joe Biden's administration and Republican lawmakers appear to find it difficult to reach a middle ground on their respective demands. The SPDR S&P 500 ETF Trust (NYSE:SPY), in fact, has gained...
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SPY, QQQ: Key Trading Levels Factored In By Options Market Amid Debt-Ceiling Impasse
Thursday, May 18, 2023 - 7:29am | 370U.S. markets have so far managed to avoid any sharp negative reaction despite Congress failing to find a decisive outcome yet in regard to the debt ceiling crisis. In fact, markets registered gains on Wednesday as investors and traders began pricing in a positive outcome to the political impasse...
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Tesla, Amazon, Meta: Options Market Indicates Crucial Trading Levels For The Week
Monday, May 15, 2023 - 8:20am | 480U.S. markets witnessed a mixed performance last week as investors and traders keenly eyed developments surrounding the debt ceiling crisis, consumer price inflation, and a few quarterly earnings. Market participants are likely to continue their cautious stance as the debt ceiling impasse enters the...
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Could Disney Shares See More Downside After Thursday's 9% Plunge? Options Market Offers Clues
Friday, May 12, 2023 - 6:22am | 438Shares of Walt Disney Co (NYSE:DIS) closed 8.73% lower on Friday after the company reported a fall in subscriber numbers, sparking concerns among investors. The decline marked the steepest single-day fall witnessed by the stock ever since Bob Iger returned to the company as the CEO, according to a...
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Tesla Option Success: As Musk Sticks With Volume Over Margin, Skeptics Have The Last Laugh
Tuesday, April 25, 2023 - 9:29am | 379Tesla Inc (NASDAQ:TSLA) shares have lost over 13% in the last five days. The sell-off came in the wake of CEO Elon Musk's remarks that the EV-maker will continue cutting prices despite taking a hit on margins. What Happened: Musk had said during the earnings conference call, "We expect our vehicles...
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As Netflix Gets Ready For Earnings, Here's What Options Market Indicates About The Stock
Tuesday, April 18, 2023 - 4:47am | 514Netflix Inc (NASDAQ:NFLX) is scheduled to report its first quarter earnings on Tuesday. The streaming giant is expected to post revenue of $8.17 billion in the first quarter, according to data from Benzinga Pro. The company is expected to post earnings per share of $2.85. The stock has gone through...
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DoorDash, DraftKings: What Levels Could These Soaring Stocks Hit Brakes Next Week?
Friday, February 17, 2023 - 8:36am | 396Shares of DraftKings Inc. (NASDAQ:DKNG) and DoorDash Inc. (NYSE:DASH) have seen a significant surge this year. DraftKings: Shares of DraftKings, a sports betting company, have risen over 61% since the beginning of 2023. The company reported a revenue of $855 million for the quarter-ended December,...
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Bitcoin, Ethereum: Here Are The Crucial Levels To Watch Until Friday
Thursday, February 16, 2023 - 8:02am | 339Major cryptocurrencies have witnessed a significant rally over past one week despite concerning economic data release in the U.S. What Happened: Bitcoin (CRYPTO: BTC) surged over 12% in last five days while Ethereum (CRYPTO: ETH) rallied close to 9% during the period. At the time of writing,...
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Benzinga's Option Alert Recap From October 27
Friday, October 27, 2017 - 4:15pm | 517Benzinga Pro provides its subscribers with real-time alerts of potentially market-moving options activity. Here's a recap of the options alerts from Friday, October 27, 2017. All time stamps are in Eastern Time. 3:57:52 pm: MAC Macerich Mar 16 $75 Calls Sweep (3) at the...