The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI, but read the full article for complete information.
mastodon.ozioso.online
The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI, but read the full article for complete information.
mastodon.ozioso.online
@TheBadPlace@mastodon.ozioso.online
·
3d ago
US Top News and Analysis | Buying chip stocks is getting pricey. Traders don't care
AI generated summary, Read the full article for complete information.
Semiconductor stocks have surged, with the VanEck Semiconductor ETF (SMH) up over 30% this month and implied volatility rising, making options increasingly costly. The rally intensified after Intel posted earnings that lifted its shares 23% and pushed its market value above $400 billion, while AMD jumped 15%. Memory makers Micron and Sandisk see strong bullish option signals, with calls outnumbering puts two‑to‑one and call premiums four times higher than puts. Nvidia, though less volatile, still attracted heavy call buying, highlighted by a trader purchasing 7,500 $230‑strike calls worth $413,000 ahead of its May 20 earnings, reflecting continued trader confidence despite pricey options.
Read more: https://www.cnbc.com/2026/04/24/buying-chip-stocks-is-getting-pricey-traders-dont-care.html
#VanEck #Intel #AMD #Nvidia #SMHETF
AI generated summary, Read the full article for complete information.
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