• Latest
  • Trending
S & P 500 ends at record high as Wall Street rises

Exclusive some on Wall street try options trade to bet against AMC without getting burned

Fed taper talk lifts dollar ahead of inflation test

Inflation strikes U.S. young, low-income individuals’ finances

Eurozone gets Inflation Positive

As inflation takes a pinch, the U.S. economy moderately recovered in the second quarter

Exclusive: Goldman to launch Marcus UK robo-adviser early next year

Charged with insider trading: Former Goldman banker, former FBI trainee

$475 MLN to resolve Mozambican scandal by Credit Suisse

After Q2 loss, Credit Suisse appoints its new CEO

U.S blocks Chinese acquisitions of global tech firms

China’s regulatory body rejects data report to evade U.S. delistings

Henderson gets a complex role in resolving Hong Kong’s housing crisis

Henderson gets a complex role in resolving Hong Kong’s housing crisis

Cake by VPBank: A typical success of digital bank in Vietnam

Cake by VPBank: A typical success of digital bank in Vietnam

Cross border wire transfers risks exposed

Fed to maintain its July 75 bps spike; 40% likelihood of recession

Airbus revives plan for new single-aisle jet plant in Toulouse

Boeing and Airbus obtain deals for Farnborough

Lockheed and Pentagon agree to construct 375 F-35 combat jets

Lockheed and Pentagon agree to construct 375 F-35 combat jets

After hawkish fed minutes, the Asian shares fall

Asian assets tumble as central banks reveal rate ideas

Global economies struggle as oil supplies tighten, volatile stakes

Tight oil supplies to be coddled as dollar sits back to catch breath

Global Business Review Magazine
Tuesday, August 9, 2022
Nominate Here
  • Home
  • Banking
  • Finance
  • Technology
  • FinTech
  • Business
  • Videos
  • Events
  • Awards
  • Magazine
No Result
View All Result
Global Business Review Magazine
No Result
View All Result

Exclusive some on Wall street try options trade to bet against AMC without getting burned

S & P 500 ends at record high as Wall Street rises

Some Wall Street traders are betting against another massive rally in AMC Entertainment Holdings Inc and other meme stocks through a type of wager in the options market that would limit their losses should retail investors behind the run-up prove them wrong. According to some data some institutional investors have ramped up complex options trades that let them bet the shares will fall.

The so-called “bear put spread,” a common bearish options strategy, also limits profits. Wall Street is looking for ways to profit off the unprecedented rise of retail trading, which is shown by its increased use. But treading carefully after some high-profile funds got buffeted earlier this year.  Henry Schwartz, head of product intelligence at Cboe Global Markets Inc said that it is still dominated by small retail trades for sure. But they are seeing sporadic big institutions tempted in just by the pricing. He said this is reference with the options trading in AMC.

YOU MAY ALSO LIKE

Inflation strikes U.S. young, low-income individuals’ finances

China’s regulatory body rejects data report to evade U.S. delistings

AMC has been at the center of a second wave of buying by retail investors who have been hyping the stock in forums such as Reddit’s WallStreetBets. Its stock rose just over 83% this past week, according to the data from S3 partners. They don’t know whether they have the resources to stand their ground in an extended face-off with retail traders, whose power lies in their numbers. A senior executive at a major Wall Street firm, said the majority of his institutional clients were staying away from meme stocks.

The fund manager said that he was using put spreads to both minimize his risk and reduce costs as he bet on AMC and other meme stocks. Overall options trading in the stock remains overwhelmingly driven by retail traders. According to the recent data about 10% to 15% of overall daily AMC options volume this week was traded in blocks of over 100 contracts. It is hard for institutions to stay away when volatility gets this high, as it draws them in, said Cboe’s Schwartz.

Tags: AMC Entertainment Holdings IncWall Street
ShareTweetShare

Search

No Result
View All Result

Recent News

Fed taper talk lifts dollar ahead of inflation test

Inflation strikes U.S. young, low-income individuals’ finances

Eurozone gets Inflation Positive

As inflation takes a pinch, the U.S. economy moderately recovered in the second quarter

Exclusive: Goldman to launch Marcus UK robo-adviser early next year

Charged with insider trading: Former Goldman banker, former FBI trainee

$475 MLN to resolve Mozambican scandal by Credit Suisse

After Q2 loss, Credit Suisse appoints its new CEO

U.S blocks Chinese acquisitions of global tech firms

China’s regulatory body rejects data report to evade U.S. delistings

Henderson gets a complex role in resolving Hong Kong’s housing crisis

Henderson gets a complex role in resolving Hong Kong’s housing crisis

Global Business Review Magazine

Global Business Review is a online print magazine focusing on the updates and information about on emerging markets, Finance, Banking, Technology. Global Business Review provides news, features, analysis, commentary, and interviews from industry across the globe.

Recent News

  • Inflation strikes U.S. young, low-income individuals’ finances
  • As inflation takes a pinch, the U.S. economy moderately recovered in the second quarter
  • Charged with insider trading: Former Goldman banker, former FBI trainee
  • After Q2 loss, Credit Suisse appoints its new CEO
  • China’s regulatory body rejects data report to evade U.S. delistings

Categories

  • Banking
  • Business
  • Events
  • Finance
  • FinTech
  • Tech
  • Videos
  • About
  • Nominate
  • Privacy & Policy

© 2022 Global Business Review Magazine - All Rights Reserved.

No Result
View All Result
  • Home
  • Banking
  • Finance
  • Technology
  • FinTech
  • Business
  • Videos
  • Events
  • Awards
  • Magazine

© 2022 Global Business Review Magazine - All Rights Reserved.

Go to mobile version