TSLA more volatile than the 3x leverage..

Dang.. those option premiums are juicy. 

OMG ZM up 40%

Speechless.

PE going 3000 ....    This feels like dot-com bubble again.

UK ftse100 what happened? Market kena rout.

Anyone knows? Is it because of PMI data across european countries?

I think Zoom maybe trying to woo the producers in the Porn industry... 

Surprised not many Zoom shareholders here.

Zoom has become indispensable in our life, to the point where I feel disadvantaged if I don't have it.

Morning meetings are done through Zoom, taking a course through Zoom twice a week. Wife is on Zoom most of the time throughout the day on meetings.

Recently attended an overseas convocation through Zoom of which execution was perfect.

I first added at circa $140 during March. Second add was at $240 and average costing about $190 which is already more than a double at todays price. will be doing a third and final add this few days after the earnings pending a pullback from profit takers.

wasnt brave enough to buy last night. Some of it went up slightly but some still down. Well, Nov is coming!

Pricing on Trump wins 

I love donny boy and his boy jpow

Pump it bros

anybody switch some of your tech portfolio to traditional stocks like consumer ?

Considering relocate my fund to KO

Everytime trump tweet ATH, market corrects. Hahaha wtf     

Tech stocks getting hit hard today...

Are you staying put or buying the dip?

Sometime i'm quite amazed at US actually. The speed at which their indexes move.

Is this due to their algo bots ?

It's healthy for the market to correct itself. I would see a further 20% drop in the Nasdaq to be healthy in the long run.

All 3 indexes green lol

SoftBank is the “Nasdaq whale” that has bought billions of dollars’ worth of US equity derivatives in a move that stoked the fevered rally in big tech stocks before a sharp pullback on Thursday, according to people familiar with the matter.

The Japanese conglomerate has been snapping up options in tech stocks during the past month in huge amounts, contributing to the largest trading volumes in contracts linked to individual companies in at least 10 years, these people said. One banker described it as a “dangerous” bet.

The aggressive move into the options market marks a new chapter for the investment powerhouse, which in recent years has made huge bets on privately held technology start-ups through its $100bn Vision Fund. After the coronavirus market tumult hit those bets hard, the company established an asset management unit for public investments using capital contributed by its founder Masayoshi Son. 

Now it has also made a splash in trading derivatives linked to some of those new investments, which has shocked market veterans. “These are some of the biggest trades I’ve seen in 20 years of doing this,” said one derivatives-focused US hedge fund manager. “The flow is huge.”

The surge in purchases of call options — derivatives that give the user the right to buy a stock at a pre-agreed price — has been the talk of Wall Street in recent weeks, as the sheer size of the trades appears to have exacerbated a “melt-up” in many big technology stocks over the summer. Shares in Tesla soared 26 per cent in under a week to September 1, while Amazon and Google parent Alphabet gained about 9 per cent.

One person familiar with SoftBank’s trades said it was “gobbling up” options on a scale that was even making some people within the organisation nervous. “People are caught with their pants down, massively short. This can continue. The whale is still hungry.”

The options boom means that the US stock market remains vulnerable to further bursts of volatility, according to Charlie McElligott, a strategist at Nomura. “The street is still very much in a dangerous space, and that flow is still out there,” he said in a note on Friday, adding that this leaves the market open to swings higher or lower.

The overall nominal value of calls traded on individual US stocks has averaged $335bn a day over the past two weeks, according to Goldman Sachs. That is more than triple the rolling average in 2017 to 2019. The retail trading boom has played a big part of the frenzy, but investors say the size of many recent option purchases are far too big to be retail-driven. 

Wow, thanks for this piece.

Seemed Masa is not the only one. The big short burry also did the same with large bet on call options for tech

https://markets.businessinsider.com/news/st...0-8-1029517864#

A reason tsla, etc tech stock shot to the moon. this could either make or break Masayoshi Son.

this bear is hopeless....some turns green even....only red for 1 day meh! aiyo...

Shares of Nikola surged Tuesday after General Motors announced that it’s taking an 11% stake in the electric truck maker and will  produce its marquee hydrogen fuel cell electric pickup truck the Badger by the end of 2022.

Nikola’s shares jumped by about 45% in premarket trading while GM jumped by almost 9%.

GM is getting a $2 billion stake in Nikola and the right to nominate one board member in exchange for in-kind services. GM will also become the exclusive supplier of fuel cells globally outside of Europe to Nikola for its class 7/8 truck. Nikola makes battery-electric and hydrogen-powered trucks.

“When we look at the opportunity to continue to leverage our technology -- the Ultium battery platform system as well as the Hydrotec fuel cell technology -- this is a wonderful validation of our technology, and then bringing our engineering and manufacturing expertise to the table,” GM CEO Mary Barra said in an interview on CNBC’s “Squawk Box.”

Nikola founder and Executive Chairman Trevor Milton said the partnership gives Nikola access to GM’s validated parts as well as its Ultium battery technology and a multibillion dollar fuel cell program.

“Nikola immediately gets decades of supplier and manufacturing knowledge, validated and tested production-ready EV propulsion, world-class engineering and investor confidence,” Milton said in a statement. “Most importantly, General Motors has a vested interest to see Nikola succeed.”

Nikola began trading June 4 after a reverse merger with VectoIQ, which is a publicly-traded special purpose acquisition company headed by former vice chairman of GM Stephen Girsky. The stock has taken off since its IPO despite the fact that Nikola, which was founded in 2015, doesn’t expect to generate revenue until 2021, and shows the dispensation investors are willing to give to companies that promise vehicles of the future.

hows the liquidity on EWM though for options ?

This is stupid lol. i que 120 and also think it's kinda expensive.

Initial ipo was supposed to be $80 only

Ah... this is stupid. Whatever i que, i switch over to brk.b at 222. Let them fight 

I'm just amazed by Sequoia capital. They have a finger in all the best IPOs. After Zoom now this.