OLLI Jul 2024 55.000 put
| Previous close | 0.0500 |
| Open | 0.0500 |
| Bid | 0.0500 |
| Ask | 0.2000 |
| Strike | 55.00 |
| Expiry date | 2024-07-19 |
| Day's range | 0.0500 - 0.0500 |
| Contract range | N/A |
| Volume | |
| Open interest | 29 |
ZacksHere's Why Ollie's Bargain Outlet (OLLI) is a Strong Momentum Stock
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- Yahoo Finance Video
GameStop surges. shorting Nvidia: Market Domination
It was a quieter day on Wall Street, with the major indexes (^DJI,^GSPC, ^IXIC) little changed ahead of the May jobs report. One of the biggest movers of the day was GameStop (GME). The meme stock surged more than 40% and was halted several times for volatility after the "Roaring Kitty" YouTube account posted about a livestream airing on Friday. Nvidia (NVDA) is set for a 10-to-1 stock split after the market close on Friday. S3 Partners Managing Director Ihor Dusaniwsky explains why so many investors are shorting the stock ahead of the split. Also on Thursday's edition of Market Domination, Loop Capital Markets Managing Director Anthony Chukumba explains why investors may want to give discount retailers a look. For more expert insight and the latest market action, click here This post was written by Stephanie Mikulich.
- Yahoo Finance Video
Buy discount retailer stocks to capture this consumer trend
Value-conscious shoppers have been a boon to some discount retailers, while others like Five Below (FIVE) feel the weight of a challenging macro environment. Loop Capital Markets Managing Director Anthony Chukumba joins Market Domination to discuss his top picks in the discount retail sector. Chukumba characterizes the lower-income consumer's current position as a "tough place": these consumers are working, given the market's low unemployment, but they are "stressed" by having to pay more for everything from rent to groceries. This means they are being more selective in terms of what they're buying, avoiding the discretionary items on which retailers make higher profit margins, Chukumba says. The strategist outlines why discount retailers such as Ollie's Bargain Outlet (OLLI) and Dollar Tree (DLTR) earned Buy ratings from Loop Capital Markets. For more expert insight and the latest market action, click here to watch this full episode of Market Domination.
