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Samsung strike alert lifted! Where are memory stocks headed?
Option Mover The Moo
joined discussion · Apr 14 17:35

Daily Options Outlook | US-Iran talks may resume on April 16; SanDisk joins Nasdaq 100; New earnings season begins

I. Today's Options Opportunities Outlook
On a macro level, the next round of US-Iran talks may be held in Islamabad on April 16. There are reports that both sides are willing to continue negotiations. As of the writing of this article, the three major index futures were all up, $Nasdaq Composite Index (.IXIC.US)$ up 0.49%, $S&P 500 Index (.SPX.US)$ up 0.26%, $Dow Jones Industrial Average (.DJI.US)$ up 0.19%;
Individual Stock Level the storage sector continues to perform excellently. $Micron Technology (MU.US)$ Micron Technology closed up 1.42% yesterday and rose 2.81% in pre-market trading; $SanDisk (SNDK.US)$ Bloom Energy surged 11.83% yesterday and rose 2.31% in pre-market trading. SanDisk has risen over 300% since the beginning of the year and will join the Nasdaq 100 Index on April 20. Driven by the surge in AI demand and supply shortages, average selling prices for memory chips soared in the first quarter. Citi pointed out that industry giants are upgrading short-term contracts to 3-5 year long-term agreements, reshaping the industry's business model. Option signals show that SNDK’s put/call ratio is at 1.15, implied volatility (IV) at 120.56%, IV percentile at 97%, indicating market expectations of increased short-term volatility and using puts to protect stock holdings.
I. Today's Options Opportunities Outlook On the macro level, the next round of US-Iran talks may be held in Islamabad on April 16. Reports suggest both sides are willing to continue negotiations. As of the time of writing, futures for all three major indices are up, $Nasdaq Composite Index (.IXIC.US)$ up 0.49%, $S&P 500 Index (.SPX.US)$ up 0.26%, $Dow Jones Industrial Average (.DJI.US)$ up 0.19%; Individual Stock Level, the storage sector continues to perform well. $Micron Technology (MU.US)$ closed up 1.42% yesterday and is up 2.81% pre-market; $SanDisk (SNDK.US)$ rose 11.83% yesterday and is up 2.31% pre-market. SanDisk has surged over 300% year-to-date and will join the Nasdaq 100 Index on April 20. Driven by explosive AI demand and supply shortages, average selling prices for memory chips skyrocketed in Q1. Citi noted that industry giants are upgrading short-term contracts to 3-5 year long-term agreements, reshaping the industry’s business model. Options signals show SNDK's put/call volume ratio at 1.15, with implied volatility (IV) at 120.56%, IV percentile at 97%, reflecting expectations of heightened short-term volatility and the use of puts to hedge long positions. In addition, the earnings season officially begins, $Goldman Sachs (GS.US)$ with Oracle reporting its earnings before the market opened on the 13th. Q1 revenue was $17.22 billion, year-over-year...
In addition, the earnings season officially kicked off. $Goldman Sachs (GS.US)$ Citi reported its earnings before the market opened on the 13th. Q1 revenue reached 17.22 billion USD, a year-over-year increase of 14%. $JPMorgan (JPM.US)$ 、 $Wells Fargo & Co (WFC.US)$ and $Citigroup (C.US)$ (After today's market close), $Morgan Stanley (MS.US)$ (on the 15th) followed closely behind. Bank stocks showed little movement before the market opened, but taking Citi as an example, $Citigroup (C.US)$ its implied volatility (IV) stood at 37.59%, with an IV percentile of 80%, reflecting market expectations for post-earnings volatility on the eve of the report.
I. Today's Options Opportunities Outlook On the macro level, the next round of US-Iran talks may be held in Islamabad on April 16. Reports suggest both sides are willing to continue negotiations. As of the time of writing, futures for all three major indices are up, $Nasdaq Composite Index (.IXIC.US)$ up 0.49%, $S&P 500 Index (.SPX.US)$ up 0.26%, $Dow Jones Industrial Average (.DJI.US)$ up 0.19%; Individual Stock Level, the storage sector continues to perform well. $Micron Technology (MU.US)$ closed up 1.42% yesterday and is up 2.81% pre-market; $SanDisk (SNDK.US)$ rose 11.83% yesterday and is up 2.31% pre-market. SanDisk has surged over 300% year-to-date and will join the Nasdaq 100 Index on April 20. Driven by explosive AI demand and supply shortages, average selling prices for memory chips skyrocketed in Q1. Citi noted that industry giants are upgrading short-term contracts to 3-5 year long-term agreements, reshaping the industry’s business model. Options signals show SNDK's put/call volume ratio at 1.15, with implied volatility (IV) at 120.56%, IV percentile at 97%, reflecting expectations of heightened short-term volatility and the use of puts to hedge long positions. In addition, the earnings season officially begins, $Goldman Sachs (GS.US)$ with Oracle reporting its earnings before the market opened on the 13th. Q1 revenue was $17.22 billion, year-over-year...
II. Review of yesterday's options market
index options
On April 13 Eastern Time, trading volume in the US index options market increased, with a total of 6.49 million contracts traded. The put/call ratio rose to 0.96.
As the upcoming expiration date approaches, $S&P 500 Index (.SPX.US)$ The distribution of options trading volume displayed the following characteristics: peak put option volume was at 6,800 points, and peak call option volume was at 6,950 points.
I. Today's Options Opportunities Outlook On the macro level, the next round of US-Iran talks may be held in Islamabad on April 16. Reports suggest both sides are willing to continue negotiations. As of the time of writing, futures for all three major indices are up, $Nasdaq Composite Index (.IXIC.US)$ up 0.49%, $S&P 500 Index (.SPX.US)$ up 0.26%, $Dow Jones Industrial Average (.DJI.US)$ up 0.19%; Individual Stock Level, the storage sector continues to perform well. $Micron Technology (MU.US)$ closed up 1.42% yesterday and is up 2.81% pre-market; $SanDisk (SNDK.US)$ rose 11.83% yesterday and is up 2.31% pre-market. SanDisk has surged over 300% year-to-date and will join the Nasdaq 100 Index on April 20. Driven by explosive AI demand and supply shortages, average selling prices for memory chips skyrocketed in Q1. Citi noted that industry giants are upgrading short-term contracts to 3-5 year long-term agreements, reshaping the industry’s business model. Options signals show SNDK's put/call volume ratio at 1.15, with implied volatility (IV) at 120.56%, IV percentile at 97%, reflecting expectations of heightened short-term volatility and the use of puts to hedge long positions. In addition, the earnings season officially begins, $Goldman Sachs (GS.US)$ with Oracle reporting its earnings before the market opened on the 13th. Q1 revenue was $17.22 billion, year-over-year...
Single-stock options
$Oracle (ORCL.US)$ Oracle closed up 12.69%, with 612,000 options contracts traded, and the put/call ratio dropped to 0.34. Oracle showcased its utility AI solutions at the customer summit and signed a procurement agreement with Bloom Energy for up to 2.8 gigawatts of fuel cells.
I. Today's Options Opportunities Outlook On the macro level, the next round of US-Iran talks may be held in Islamabad on April 16. Reports suggest both sides are willing to continue negotiations. As of the time of writing, futures for all three major indices are up, $Nasdaq Composite Index (.IXIC.US)$ up 0.49%, $S&P 500 Index (.SPX.US)$ up 0.26%, $Dow Jones Industrial Average (.DJI.US)$ up 0.19%; Individual Stock Level, the storage sector continues to perform well. $Micron Technology (MU.US)$ closed up 1.42% yesterday and is up 2.81% pre-market; $SanDisk (SNDK.US)$ rose 11.83% yesterday and is up 2.31% pre-market. SanDisk has surged over 300% year-to-date and will join the Nasdaq 100 Index on April 20. Driven by explosive AI demand and supply shortages, average selling prices for memory chips skyrocketed in Q1. Citi noted that industry giants are upgrading short-term contracts to 3-5 year long-term agreements, reshaping the industry’s business model. Options signals show SNDK's put/call volume ratio at 1.15, with implied volatility (IV) at 120.56%, IV percentile at 97%, reflecting expectations of heightened short-term volatility and the use of puts to hedge long positions. In addition, the earnings season officially begins, $Goldman Sachs (GS.US)$ with Oracle reporting its earnings before the market opened on the 13th. Q1 revenue was $17.22 billion, year-over-year...
$Apple (AAPL.US)$ Tesla closed down 0.49%, with 744,300 options contracts traded, and the put/call ratio rose to 0.74. Apple increased its inventory of foldable displays by 20% to 11 million units in preparation for the upcoming iPhone Fold.
I. Today's Options Opportunities Outlook On the macro level, the next round of US-Iran talks may be held in Islamabad on April 16. Reports suggest both sides are willing to continue negotiations. As of the time of writing, futures for all three major indices are up, $Nasdaq Composite Index (.IXIC.US)$ up 0.49%, $S&P 500 Index (.SPX.US)$ up 0.26%, $Dow Jones Industrial Average (.DJI.US)$ up 0.19%; Individual Stock Level, the storage sector continues to perform well. $Micron Technology (MU.US)$ closed up 1.42% yesterday and is up 2.81% pre-market; $SanDisk (SNDK.US)$ rose 11.83% yesterday and is up 2.31% pre-market. SanDisk has surged over 300% year-to-date and will join the Nasdaq 100 Index on April 20. Driven by explosive AI demand and supply shortages, average selling prices for memory chips skyrocketed in Q1. Citi noted that industry giants are upgrading short-term contracts to 3-5 year long-term agreements, reshaping the industry’s business model. Options signals show SNDK's put/call volume ratio at 1.15, with implied volatility (IV) at 120.56%, IV percentile at 97%, reflecting expectations of heightened short-term volatility and the use of puts to hedge long positions. In addition, the earnings season officially begins, $Goldman Sachs (GS.US)$ with Oracle reporting its earnings before the market opened on the 13th. Q1 revenue was $17.22 billion, year-over-year...
Options volume leaderboard
Among the top 10 stocks in options trading volume, $Tesla (TSLA.US)$ The put/call volume ratio reached a high of 0.78. SpaceX plans an IPO with a valuation of 2 trillion USD and may merge with Tesla; the Netherlands has approved Tesla's FSD technology.
I. Today's Options Opportunities Outlook On the macro level, the next round of US-Iran talks may be held in Islamabad on April 16. Reports suggest both sides are willing to continue negotiations. As of the time of writing, futures for all three major indices are up, $Nasdaq Composite Index (.IXIC.US)$ up 0.49%, $S&P 500 Index (.SPX.US)$ up 0.26%, $Dow Jones Industrial Average (.DJI.US)$ up 0.19%; Individual Stock Level, the storage sector continues to perform well. $Micron Technology (MU.US)$ closed up 1.42% yesterday and is up 2.81% pre-market; $SanDisk (SNDK.US)$ rose 11.83% yesterday and is up 2.31% pre-market. SanDisk has surged over 300% year-to-date and will join the Nasdaq 100 Index on April 20. Driven by explosive AI demand and supply shortages, average selling prices for memory chips skyrocketed in Q1. Citi noted that industry giants are upgrading short-term contracts to 3-5 year long-term agreements, reshaping the industry’s business model. Options signals show SNDK's put/call volume ratio at 1.15, with implied volatility (IV) at 120.56%, IV percentile at 97%, reflecting expectations of heightened short-term volatility and the use of puts to hedge long positions. In addition, the earnings season officially begins, $Goldman Sachs (GS.US)$ with Oracle reporting its earnings before the market opened on the 13th. Q1 revenue was $17.22 billion, year-over-year...
The highest put/call open interest ratio is $Micron Technology (MU.US)$ , reaching 1.09. Micron Technology received target price upgrades from multiple investment firms to over 600 USD, with analysts expecting the AI-driven memory chip supercycle to continue until 2027.
I. Today's Options Opportunities Outlook On the macro level, the next round of US-Iran talks may be held in Islamabad on April 16. Reports suggest both sides are willing to continue negotiations. As of the time of writing, futures for all three major indices are up, $Nasdaq Composite Index (.IXIC.US)$ up 0.49%, $S&P 500 Index (.SPX.US)$ up 0.26%, $Dow Jones Industrial Average (.DJI.US)$ up 0.19%; Individual Stock Level, the storage sector continues to perform well. $Micron Technology (MU.US)$ closed up 1.42% yesterday and is up 2.81% pre-market; $SanDisk (SNDK.US)$ rose 11.83% yesterday and is up 2.31% pre-market. SanDisk has surged over 300% year-to-date and will join the Nasdaq 100 Index on April 20. Driven by explosive AI demand and supply shortages, average selling prices for memory chips skyrocketed in Q1. Citi noted that industry giants are upgrading short-term contracts to 3-5 year long-term agreements, reshaping the industry’s business model. Options signals show SNDK's put/call volume ratio at 1.15, with implied volatility (IV) at 120.56%, IV percentile at 97%, reflecting expectations of heightened short-term volatility and the use of puts to hedge long positions. In addition, the earnings season officially begins, $Goldman Sachs (GS.US)$ with Oracle reporting its earnings before the market opened on the 13th. Q1 revenue was $17.22 billion, year-over-year...
Implied volatility leaderboard (underlying market cap > $1 billion and options volume > 100,000)
$SanDisk (SNDK.US)$ The implied volatility reached a high of 120.56%, increasing by 7.62% from the previous trading day. SanDisk will join the Nasdaq 100 Index on April 20, replacing Atlassian.
I. Today's Options Opportunities Outlook On the macro level, the next round of US-Iran talks may be held in Islamabad on April 16. Reports suggest both sides are willing to continue negotiations. As of the time of writing, futures for all three major indices are up, $Nasdaq Composite Index (.IXIC.US)$ up 0.49%, $S&P 500 Index (.SPX.US)$ up 0.26%, $Dow Jones Industrial Average (.DJI.US)$ up 0.19%; Individual Stock Level, the storage sector continues to perform well. $Micron Technology (MU.US)$ closed up 1.42% yesterday and is up 2.81% pre-market; $SanDisk (SNDK.US)$ rose 11.83% yesterday and is up 2.31% pre-market. SanDisk has surged over 300% year-to-date and will join the Nasdaq 100 Index on April 20. Driven by explosive AI demand and supply shortages, average selling prices for memory chips skyrocketed in Q1. Citi noted that industry giants are upgrading short-term contracts to 3-5 year long-term agreements, reshaping the industry’s business model. Options signals show SNDK's put/call volume ratio at 1.15, with implied volatility (IV) at 120.56%, IV percentile at 97%, reflecting expectations of heightened short-term volatility and the use of puts to hedge long positions. In addition, the earnings season officially begins, $Goldman Sachs (GS.US)$ with Oracle reporting its earnings before the market opened on the 13th. Q1 revenue was $17.22 billion, year-over-year...
$NEBIUS (NBIS.US)$ The implied volatility increased the most, reaching 97.67%, up 7.91% from the previous trading day. Goldman Sachs and Bank of America analysts raised NEBIUS's target price to 205 USD and 175 USD respectively, with the stock price hitting a new high and rising more than 8%.
I. Today's Options Opportunities Outlook On the macro level, the next round of US-Iran talks may be held in Islamabad on April 16. Reports suggest both sides are willing to continue negotiations. As of the time of writing, futures for all three major indices are up, $Nasdaq Composite Index (.IXIC.US)$ up 0.49%, $S&P 500 Index (.SPX.US)$ up 0.26%, $Dow Jones Industrial Average (.DJI.US)$ up 0.19%; Individual Stock Level, the storage sector continues to perform well. $Micron Technology (MU.US)$ closed up 1.42% yesterday and is up 2.81% pre-market; $SanDisk (SNDK.US)$ rose 11.83% yesterday and is up 2.31% pre-market. SanDisk has surged over 300% year-to-date and will join the Nasdaq 100 Index on April 20. Driven by explosive AI demand and supply shortages, average selling prices for memory chips skyrocketed in Q1. Citi noted that industry giants are upgrading short-term contracts to 3-5 year long-term agreements, reshaping the industry’s business model. Options signals show SNDK's put/call volume ratio at 1.15, with implied volatility (IV) at 120.56%, IV percentile at 97%, reflecting expectations of heightened short-term volatility and the use of puts to hedge long positions. In addition, the earnings season officially begins, $Goldman Sachs (GS.US)$ with Oracle reporting its earnings before the market opened on the 13th. Q1 revenue was $17.22 billion, year-over-year...
Risk WarningAn option is a contract that gives the holder the right, but not the obligation, to buy or sell an asset at a fixed price at any time on or before a specific date. The price of an option is influenced by various factors, including the current price of the underlying asset, the strike price, the time to expiration, and implied volatility. Implied volatility reflects the market's expectation of the option’s volatility over a certain period in the future. It is derived inversely from the Black-Scholes (BS) pricing model and is generally considered an indicator of market sentiment. When investors expect greater volatility, they may be more willing to pay higher prices for options to help hedge risks, leading to higher implied volatility. Traders and investors use implied volatility to evaluate.Option priceattractiveness, identify potential mispricings, and manage risk exposure.
DisclaimerThis content does not constitute any offer, solicitation, recommendation, opinion, or guarantee for any securities, financial products, or tools. The risk of loss in trading options can be substantial. In some cases, losses may exceed the initial margin deposited. Even if you set contingent orders such as 'stop-loss' or 'limit' orders, these may not prevent losses. Market conditions may prevent these orders from being executed. You might be required to deposit additional margin within a short period. If you fail to provide the required amount within the specified time, your open positions may be liquidated. However, you will still be responsible for any shortfall in your account. Therefore, before trading, you should study and understand options and carefully consider whether such trading is suitable for you based on your financial situation and investment objectives. If you trade options, you should be familiar with the procedures for exercising options and the rights and obligations upon exercise and expiration. Option trading involves extremely high risks and is not suitable for all investors. Investors should read carefully before engaging in any options trading strategy.Characteristics and Risks of Standardized Options。
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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