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META Sep 2024 530.000 call

OPR - OPR Delayed price. Currency in USD
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38.32+3.82 (+11.07%)
As of 10:08AM EDT. Market open.
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Previous close34.50
Open38.75
Bid39.55
Ask39.80
Strike530.00
Expiry date2024-09-20
Day's range38.32 - 38.75
Contract rangeN/A
Volume2
Open interest408
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    Why the Magnificent 7's 'momentum is collapsing'

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  • Yahoo Finance Video

    Mag 7 is 'over-owned', trade on strength instead: Strategist

    Big Tech is next on deck to report earnings results this week, injecting some enthusiasm into the stock market (^DJI, ^IXIC, ^GSPC) after April declines. Longview Economics CEO and Chief Market Strategist Chris Watling joins Yahoo Finance to share his insights on the market outlook. Watling notes that most corrections are "good things for the market," saying he wouldn't be surprised if volatility persists. Watling advises investors to "think about selling into strength" as he foresees shifts in the global market. He encourages investors to look beyond the Magnificent Seven tech stocks, stating: "Every man and his dog owns the Magnificent Seven, it's over-owned. We need to rotate into something else." Regarding the uncertain expectations for interest rate cuts from the Federal Reserve, Watling acknowledges that they have been continuously readjusted and priced out. However, he highlights that "there's plenty of upside" in many stocks, as the market is in a rate-cutting cycle. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith