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📈 Wednesday — Options Market Analyze options open interest and implied volatility to track short-term market movements.
Wall Street indexes hit consecutive record highs amid U.S.-China trade optimism and anticipated rate cuts. Total options volume reached 58.86 million contracts. Strive (ASST) surged 49%, with 2.67 million options traded (96% calls), driven by retail buzz and Bitcoin strategy. Qualcomm (QCOM) rose 11% on new AI chips, seeing 857% options volume growth (69% calls). SoFi (SOFI) reached record highs pre-earnings, with 933K options (62% calls). Tesla led bullish stocks with net 1 million shares bought via calls, while PayPal topped bearish lists. Key expiries focused on October 31st contracts.
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Overall, my outlook remains moderately bullish—AI, semiconductors, and select mega-caps still show strong earnings resilience and institutional inflows. However, with valuations stretched and rate-cut timing uncertain, I’m favouring limited-risk strategies over outright calls. The goal: participate in upside while protecting against a sharp sector pullback.
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Doing deals with multiple companies in a highly competitive and explosive AI market reduces NVDAs risk and I can only see this stock as a hold in any portfolio even if this current bubble bursts
Mitigating potential loss/risk in China market too.
I will vote him CEO of the year of there's one. 😆
Doubt the AI bubble will burst so soon therefore I'm expecting a big increase, what with the US president going on his Asia tour trying to make deals, which would give Nvidia and their investors more optimism for the future outlook.