Every Options Tracking | Nvidia plunged nearly 5% overnight, a put contract made nearly 3 times the profit; bears still hold the upper hand! The 'audit storm' of the super micro computer continues to ferment, multiple put contracts doubled.
Pre-market up over 5%! Intel's Q3 datacenter revenue exceeded expectations, with options volume surging 110% to 0.71 million contracts, implied volatility rising to the highest percentile level within the year. Looking at the options chain, the most active trades are calls expiring on December 20 with strike prices of $25 and $30, both trading over 0.02 million contracts.
Hawkish signals hinting at a pause in interest rate cuts? Tonight's non-farm data may provide the final clue for the Fed's actions next week.
Strong non-farm data will enhance the market's expectation for the Federal Reserve to possibly pause rate cuts early next year.
The Federal Reserve's most favored inflation indicators unexpectedly accelerated, prompting calls for a 'pause in interest rate cuts' in the market.
In September, the so-called core personal consumption expenditure price index (core PCE), excluding volatile food and energy items, increased by 0.3% from the previous month, and rose by 2.7% compared to the same period last year.
Core PCE annual rate slightly exceeded expectations in September, but does the Fed's interest rate cut expectations remain unchanged for this year?
USA's core PCE annual rate slightly exceeded expectations, initial jobless claims declined, the market still bets that the Federal Reserve will cut interest rates by 25 basis points in November.
The initial jobless claims in the usa last week were 0.216 million, dropping to the lowest level since May.
Last week, the number of people applying for unemployment benefits in the USA dropped to 0.216 million, the lowest level since May. Southeastern states are recovering from the impact of two hurricanes. Economists predict that Federal Reserve officials may ignore the employment report next week and cut rates by 25 basis points.
Express News | US Weekly Initial Jobless Claims 216000 Vs 230000 Forecast, Prior 228000