Burry's Scion Asset Management held bearish put options on over 800,000 shares of Elon Musk's company at the end of March.
Nasdaq's new micro index options represent 1/100th the full value of the Nasdaq-100 index, putting them in reach for individual retail investors.
Volatility in the US equity market is poised to climb as investors wrestle with worries about inflation and COVID-19 variants, says UBS.
"The GameStop controversy revealed how the Wall Street game is rigged in favor of big hedge funds and giant corporations," Senator Elizabeth Warren said.
In options trading, going long means owning one of two types of options: a long call and a long put. A long call option gives you the right to buy stock at a preset price in the future. A long put option lets you sell it. Long positions hedge risk: […]
A long position involves using options, which let you lock in a stock’s price for a future transaction. Long call options and long put options give you the right to buy or sell a stock, respectively. Long positions hedge risk: If the stock doesn’t move as hoped, the option expires […]
An option is a contract giving you the right but not the obligation to buy or sell an asset at a specific price before a specific date. If the asset doesn’t perform as hoped, the option just expires; you’re only out the small premium you paid for it. Though low-risk, […]
Billionaire investor Chamath Palihapitiya joined Reddit investors and piled into GameStop with a purchase of bullish call options on Tuesday. Palihapitiya tweeted on Tuesday that he purchased $US115 call options that expire on February 19. “Let’s gooooooo!!!!!!!!” Palihapitiya tweeted. Sign up here for our daily newsletter, 10 Things Before the […]
SoftBank’s new trading arm, SB Northstar, posted $US3.7 billion in losses as bearish derivatives bets on tech stocks floundered, the Financial Times reported Wednesday. The arm was mostly kept secret until the FT revealed it was making multibillion-dollar bets on tech giants through the summer’s market rally. SoftBank CEO Masayoshi […]
Markets are overpricing the risks of a delayed election result, Goldman Sachs said in a note Thursday. Analysts Michael Cahill and Alec Phillips, said markets are likely to have enough information on election night to determine a winner, as a number of battleground states allow votes to be processed and […]
Goldman Sachs said the options market is showing investors are preparing for high volatility well beyond election day, suggesting that price swings will stay elevated into early 2021. Options on the S&P 500 index have fallen to a 2.8% move on November 4, down from a 3.2% swing in mid-August […]
Tesla stock has earned Goldman Sachs around $US100 million from a number of trades this year. A report by International Financing Review said the purchase of Tesla options helped Goldman Sachs post better performance than expected in equity trading in Q2. Tesla’s stock has risen more than 800% in the […]
Mark Haefele â€” chief investment officer at UBS Wealth Management, which oversees $US1.4 trillion in assets â€” highlighted five ways investors can position their portfolios for the uncertain months ahead. W hile the timeline for a vaccine is unknown, Haefele expects an economic recovery next year and said now is […]
Markets should prepare for volatility to balloon after Election Day, Wells Fargo said Tuesday. Wells Fargo head of rates strategy Michael Schumacher told CNBC’s Trading Nation Tuesday, options are showing greater volatility. “The big takeaway is three month options vol is still quite high, and it has not really come […]
Markets are headed for a pullback for three reasons, BTIG’s long-time bull Julian Emanuel said Monday. “Rather than fear being priced in the options market, there’s fear of missing out,” he told CNBC’s “Trading Nation”. “That is a very abnormal position.” He said retail investor appetite, increasing volatility and a […]
After being identified as the “whale” behind a series of option trades in technology stocks earlier this month, the SoftBank Group is now reconsidering its strategy, Bloomberg reported on Friday. The firm met with investors to explain that its option trading strategy is somewhat conservative and is only in blue-chip […]
The Financial Times reported purchase of options by retail traders may have added to Nasdaq “whale” effect. Last week it emerged SoftBank bought call options worth $US4 billion adding to tech’s summer rally. But the FT said data from Sundial Research shows retail traders have spent almost $US40 billion on […]