Previous close | 117.24 |
Open | 117.24 |
Bid | 124.10 |
Ask | 126.35 |
Strike | 285.00 |
Expiry date | 2024-06-21 |
Day's range | 117.24 - 117.24 |
Contract range | N/A |
Volume | |
Open interest | 1.06k |
Six of the largest tech companies are expected to see earnings growth slow over the next year, leaving room for other companies to lead the next leg of the stock market rally, UBS analysts say.
Microsoft is due to report earnings on Thursday after the closing bell. It's useful to use the options market to gauge an expectation for the earnings move. Since Microsoft stayed above the lower expected range in five of the last six earnings announcements, we'll structure a bullish trade that captures premium with the higher implied volatility.
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to watch in today's stock market.