BBY Options Pop After Earnings

The Dow is up 42 points this afternoon

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Schaeffer's Midday Market Check
8/24/2021
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Vaccine Optimism Pushes S&P 500, Nasdaq to Fresh Intraday Highs


By: Laura McCandless

This week is so far proving to be much better than the last one, as the three major indexes look to extend yesterday's gains. The U.S. Food and Drug Administration's (FDA) approval of the Pfizer (PFE) and BioNTech (BNTX) Covid-19 vaccine has helped to abate some variant-relates fears, with travel stocks enjoying this newfound optimism. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are sporting solid gains this afternoon, after earlier nabbing fresh intraday highs, while the Dow Jones Industrial Average (DJI) sits firmly in the black midday. 

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

  • Best Buy stock gets a boost from earnings beat
  • Options bulls target bouncing DiDi Global stock.  
  • Plus, CRWD options pop ahead of NDX listing; GTS soars on buyout buzz; and TBPH plummets to record low.
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