Bitcoin Buzz Reels in RIOT Options

The Nasdaq is staring at a triple-digit drop out of the gate

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Schaeffer's Opening View
2/23/2021
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Big Tech Dragging Down Stock Futures Once More


By: Laura McCandless

Stock futures are in varying degrees of red this morning. Futures on the Dow Jones Industrial Average (DJI) are marginally lower, while S&P 500 Index (SPX) futures are eyeing a modest dip. However, the big story this morning is Nasdaq-100 Index (NDX) futures, deep in the red and poised to extend yesterday's steep drop, as Big Tech continues its selloff. Elsewhere, investors are unpacking a slew of retail earnings, while rising bond yields continues to cause tension on Wall Street. 

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

  • Options traders run to RIOT amid pullback. 
  • The gold miner stock being dug up by options bulls.
  • Plus, HD drops on uncertain future; AMC rises on opening buzz; and SHOP falls after share offering. 
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