Broadcom is back in the headlines on Saturday, with the coverage centered on the AI and Big Tech trade. The stock is flat at $355.14. So far the market is taking it in stride, and headlines that do not move a stock often matter less than they sound.
Options positioning in Space Exploration Technologies is stacking up around the $155 strike into Oct 9, 2.5% below where the stock trades at $158.96. Net gamma reads positive, a setup that tends to calm price swings and pull the stock toward heavy strikes.
Options positioning in Nvidia is stacking up around the $235 strike into Oct 5, right on top of where the stock trades at $233.95. Net gamma reads positive, a setup that tends to calm price swings and pull the stock toward heavy strikes.
Micron Technology is back in the headlines on Sunday, with the coverage centered on earnings expectations and valuation. The stock is down 0.5% at $1,074.89. So far the market is taking it in stride, and headlines that do not move a stock often matter less than they sound.
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