Previous close | 6.35 |
Open | 6.35 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 15.00 |
Expiry date | 2024-01-19 |
Day's range | 6.35 - 6.35 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Robinhood is in hot water again, but this time it's because of someone else's liquidity crisis. The digital exchange backpedaled furiously...
Shares of New York-based Signature have shed nearly 37% in four trading sessions since regulators took control of the bank on Sunday, making it the third largest failure in U.S. banking history. Signature's collapse followed two days after California regulators shuttered Silicon Valley Bank on Friday that worsened concerns of a contagion and triggered a sell-off in financial stocks. The investors had bought short-dated options on Robinhood and stood to make huge gains if the share price of Signature fell before the contracts expired.
There are plenty of beaten-down stocks across the market right now, but not all of them represent a buying opportunity.