Opinion: The stock market’s rally was a head fake and the smart money now is with the bears
The stock market, as measured by the S&P 500 Index SPX, +0.53%, has fallen below the 4100 level. That is significant because there previously was triple resistance at that level, and when SPX broke out above that level in late January, it seemed as if the next leg of the “new” bull market was underway. […]
FX option expiries for Feb 1 NY cut
FX option expiries for Feb 1 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.0900 1.99b 1.0885 1.22b 1.0800 800.7m – USD/JPY: USD amounts 130.50 635.6m 128.00 616m – AUD/USD: AUD amounts 0.7185 1.05b 0.7000 572.1m 0.6920 526.7m – USD/CAD: USD amounts – EUR/GBP: EUR amounts 0.8700 […]
FX option expiries for Jan 24 NY cut
FX option expiries for Jan 24 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – USD/JPY: USD amounts – AUD/USD: AUD amounts – USD/CAD: USD amounts Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not […]
Basic Options Theory and How it Works
GAMMA SQUEEZE TALKING POINTS Some find the gamma squeeze a mysterious concept. This article aims to illuminate the intricacies of the gamma squeeze by covering the following key ideas: What is a Gamma Squeeze? Delta and Gamma Greek Call Table. What causes a Gamma Squeeze and how you can avoid it? Gamma squeeze vs Short […]
USD/CAD eyes the first weekly gain in five on upbeat options market signals
USD/CAD remains indecisive on a day while taking rounds to 1.3460-50 during early Friday. Even so, the Loonie pair braces for the first weekly gain in five amid upbeat signals from the options market. That said, a one-month risk reversal (RR) of the USD/CAD pair, a ratio of call options versus put options, also known […]
CME Group Hits Record 7.56M Single-Day SOFR Futures and Options Contracts
The single-day volume of Secured Overnight Financing Rate (SOFR) futures and options contracts traded on the Chicago Mercantile Exchange (CME) hit a record 7.56 million contracts on January 12. This came with a record open interest rate of 35.7 million contracts on the same day, CME Group disclosed in a press statement. AloGatewayis a Global […]
Israel Seeks to Extradite 6 Citizens to US over $145M Binary Options Fraud
Israel’s State Attorney’s Office on Wednesday asked the Jerusalem District Court to sanction the extradition of six Israeli citizens to the United States to stand trial for their involvement in a binary option scheme that targeted citizens of the country and other nations. The scheme resulted in a loss of $145 million for investors between […]
Tools for Brokers Partners with Options Technology
Tools for Brokers (TFB), a provider of technologies in the trading industry, has partnered with Options Technology, an IT infrastructure provider to capital market companies, to offer retail brokers seamless streaming of the market data. According to the press release, Options provides trading firms with access to a wide range of assets along with hardware […]
Are Options Safer Than Stocks? • 2nd Skies Trading
For stock traders that are new to options, one of the most common questions I get is: “Are options safer than trading stocks?” It’s important to note both stock trading and option trading have risks, and while many the risks in trading both of them are the same, some of the risks differ substantially. In […]