The US stock market got totally decimated when worse-than-expected CPI result was released on 10th June 2022 (Friday), as investors fear that the Federal Reserves will be aggressive in raising interest rates to curb inflation, which would hurt companies' profits. The May consumer price index rose 8.6% year-over-year, its highest level since 1981. Economists had … Continue reading [10 June 22 Trades] Bought Meta & Alphabet LEAPS PUT, Rolled Tesla Covered CALL Contracts
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[8 June 22 Trades] Bought Tesla Jan 24 LEAPS CALL, Meta & MSFT June 23 CALL Option Contracts
The US stock market traded sideways as investors remain cautious ahead of the Consumer Price Index (CPI) data which is due to be released this Friday, 10 June 2022. If the CPI data falls below expectation, it means inflation is still not under control and that may almost give the Federal Reserve reasons for more … Continue reading [8 June 22 Trades] Bought Tesla Jan 24 LEAPS CALL, Meta & MSFT June 23 CALL Option Contracts