Options Bulls Target Snap Stock

Wall Street's "fear gauge" on the other hand logged its fourth straight loss

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Market Recap
MARKET RECAP
 
 

1/09/2020

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Stocks Surge as VIX Dips

By Patrick Martin
Share On

The Dow logged its second-straight triple-digit victory today with U.S.-Iraq tensions apparently in decline. The blue-chip index hit a new intraday record high, with Apple (AAPL) and Goldman Sachs (GS) leading the charge. The S&P 500 and Nasdaq joined the Dow in the black and logged record highs of their own, with a surging semiconductor sector powering the latter's gains. Elsewhere, Wall Street's "fear gauge," the Cboe Volatility Index (VIX), logged its fourth straight loss.

Continue reading for more on today's market, including:

  • Options bulls and analysts blitzed Snap stock today.
  • Infosys picked up a bull note ahead of earnings.
  • Plus, a KB Home earnings preview; a new Street-high target for KO; and trouble for BBBY.
>> Continue reading...
LATEST HEADLINES
>> BBBY Put Options Pick Up as Stock Sells Off
The stock is pacing for its worst day in over a year
>> Options Bulls Blitz Snap Stock After Upgrades
SNAP options volume is running quick today
>> Bullish Betting Ramps Up Ahead of INFY Earnings
Infosys is set to report earnings before the open tomorrow
>> Bank Earnings in Spotlight During Packed Week
Earnings from Goldman Sachs and JPMorgan Chase will be in the spotlight
>> KBH Call Options See Pre-Earnings Surge
KBH has tacked on 68% over the past 12 months
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