Two chip stocks are surging this week. Options traders bet one will keep going and one will falter

  • 📰 CNBC
  • ⏱ Reading Time:
  • 3 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Two of the semiconductor stocks that reported this week saw some big post-earnings moves and substantially above-average options trading activity.

Among the biggest winners were Wolfspeed Inc. and Advanced Micro Devices Inc. . AMD WOLF 5D mountain AMD vs Wolfspeed, 5 days Are options markets aligned with these spikes or fading them using them as opportunities to initiate new bearish positions? Betting against Wolfspeed Wolfspeed popped sharply after a modest topline beat. Wolfspeed "is a global leader in Silicon Carbide technology and RF semiconductors" that supplies the EV industry as well as telecom, military and aerospace.

Click here for the full disclaimer.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines