Nasdaq 100 declines amid rising bearish bets in options market
META Meta Platforms Inc
$720.89 -0.06%
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- 1The Nasdaq 100 index fell 1.8% on Thursday.
- 2The put-call ratio for the Invesco QQQ Trust reached 1.49.
- 3Immediately after 4 p.m. on Thursday, $16 million in put option purchases were recorded for 15,000 contracts of the 680-strike put options expiring January 15.
So what's the key point?
The Nasdaq 100 index dropped 1.8%. This means there has been an increase in contracts betting on stock prices going down.
Source CNBC · View original ↗
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