Several major tech earnings missed last week, sparking the market’s worst selloff since June. Disappointing results and swelling AI capex concerns drove the Nasdaq 100 down 6% in two days, with the S&P dropping 1.8% on Friday alone. The Binance hack on Thursday added more fuel to the fire. Traders are now left wondering if […]
0DTE options
The AI Trade Roars — But for How Long?
Last week, strong earnings pushed both the S&P 500 and Nasdaq to — once again — achieve all-time highs. Through the fast and furious AI-driven rally of the past 6 weeks, SPX has climbed 15% while NDX has surged 28%. The market’s pace of advance is well beyond historical norms, reflecting an exceptionally aggressive repositioning […]
Quiet Indices, Roaring Stocks: the Volatility Dispersion Trade
Robust Mag7 and semiconductor earnings have reinforced investor confidence in the AI trade, lifting the S&P 500 and Nasdaq to fresh highs. Index implied volatility (IV) — the options market’s expectation of future price movement — reset to its lowest level in three months. Despite the backdrop of the Iran conflict and heightened oil prices, […]