Key focus.

Goldman Sachs, UBS Group, and Morgan Stanley collectively bullish on Chinese assets!$KraneShares CSI China Internet ETF (KWEB.US)$Rose by over 11% yesterday, $iShares China Large-Cap ETF (FXI.US)$Increased by nearly 8%, implied volatility levels soared to 100%, and volume also significantly surged, reaching 0.96 million contracts and 1.86 million contracts respectively.

In addition, multiple end-of-day call orders of KWEB and FXI expired today surged, with the KWEB call options at a strike price of $32 making nearly a hundredfold profit.

This week, following a series of major bullish policies issued by the Chinese government, foreign institutions' outlook on Chinese assets has become increasingly optimistic, with institutions such as Goldman Sachs, UBS Group, and Morgan Stanley giving varying degrees of bullish statements. Goldman Sachs expressed great optimism about the market, while experts at Goldman Sachs stated that this time is different.

2. The AI wave triggers a surge in storage demand!$Micron Technology (MU.US)$Overnight, with an increase of over 14%, the proportion of call options is 70%, and the options volume increased by 4.29 times compared to the 30-day average to 1.19 million contracts. In the options chain, the bulls are the block orders in the market, with the highest volume of call options at a strike price of $115 expiring today, reaching 0.043 million contracts, with an open interest of 6 thousand contracts.

Of note, in terms of large block orders, a large investor spent over $21 million to buy a combination order, of which the main sell was over $18 million in call options with a strike price of $95 expiring on October 18th, taking a bearish direction.

Micron CEO Sanjay Mehrotra attributed the fourth quarter revenue growth to AI demand, stating that data center SSD sales led NAND revenue to hit a record, exceeding 1 billion US dollars for the first time.

Under investigation by the US Department of Justice!$Super Micro Computer (SMCI.US)$The previous trading day fell by over 12%, the put-call ratio surged to 52.6%, options volume increased by 3.7 times to 0.617 million contracts compared to last night; on the options chain, the highest volume was for put contracts with a 400 dollar strike price expiring today, reaching 0.028 million contracts, followed by put contracts with a 350 dollar strike price expiring today, nearly 0.02 million contracts.

According to media reports citing sources, the US Department of Justice is investigating AI server manufacturer Super Micro Computer, as the company is suspected of accounting irregularities. Sources familiar with the matter revealed that the investigation is still in its early stages.

1. US stock options trading list

2. ETF options trading list.

三、个股Implied volatility（IV）排行榜

Use the option price calculator to calculate the theoretical option price in the future!

Individual stock page> Options > Options chain > Select an option > Option price calculator > Change the conditions to calculate the future theoretical option price!

Risk warning

Options are contracts that give the holder the right, but not the obligation, to buy or sell an asset at a fixed price on or before a specific date. The price of options is influenced by various factors, including the current price of the underlying asset, the strike price, the expiration date, andImplied volatility.

Implied volatility reflects the market's expectation for the future volatility of an option, and it is a signal of market sentiment derived from the option pricing model called Black-Scholes (BS). When investors expect greater volatility, they may be willing to pay a higher premium for an option to help hedge risks, thus resulting in a higher implied volatility.

Traders and investors use implied volatility to evaluate the attractiveness, identify potential mispricing, and manage risk exposure.option pricesof the attraction, identify potential mispricing, and manage risk exposure.

Disclaimer

This content does not constitute an offer, solicitation, recommendation, opinion, or guarantee of any securities, financial products or instruments. The loss risk of buying and selling options could be substantial. In certain circumstances, you may suffer losses exceeding the amount initially deposited as margin. Even if you set up backup instructions, such as stop loss or limit instructions, losses may not be avoided. Market conditions may render such orders impossible to execute. You may be required to deposit additional margin in a very short period of time. If the required amount cannot be provided within the specified time, your open contracts may be closed. However, you are still responsible for any shortfalls in your account arising from this. Therefore, before buying or selling, you should research and understand the options, and consider carefully whether such trading is suitable for you based on your financial situation and investment objectives. If you buy or sell options, you should be familiar with the exercise of options and the procedures at expiration, as well as your rights and obligations when exercising an option or at expiration.

Editor/ping