To The Moon

The Biden administration unilaterally upgraded chip-related sanctions against China, affecting not only the 8% intraday drop in $NVIDIA Corp(NVDA)$ (though it closed at -4%), but also the acquisition of $VMware(VMW)$ . $Broadcom(AVGO)$ was planning to acquire VMware for over $60 billion, making it a crucial deal hinging on antitrust regulations in various countries. While countries like the UK, South Korea, and Japan had previously given their consent for this union, China's stance on "chip sanctions" became the most significant variable in this merger. Last Friday (October 12th), there were reports in the media that Chinese regulators had intentions to "greenlig

Market OverviewThe Nasdaq ended lower while the Dow and S&P 500 were nearly flat on Tuesday (Oct. 17) as Treasury yields rose and shares of chipmakers fell after the Biden administration said it planned to halt shipments of advanced artificial intelligence chips to China.Regarding the options market, a total volume of 34,780,368 contracts was traded, up 5% from the previous trading day.Top 10 Option VolumesTop 10: $SPY(SPY)$, $QQQ(QQQ)$, $NVDA(NVDA)$, $IWM(IWM)$, $VIX(VIX)$, $TSLA(TSLA)$, $AAPL(AAP