Last Friday was a good reminder of why hedging exists. The QQQ ETF that tracks the Nasdaq-100 dropped 4.8% in a single session, volume hit three times its normal daily level and options positions that looked comfortable on Thursday morning were suddenly down 30-60%. That kind of day is not unusual, it just feels that way when you are not prepared for it. Today I want to walk through a hedging stru...
Last Friday was a good reminder of why hedging exists. The QQQ ETF that tracks the Nasdaq-100 dropped 4.8% in a single session, volume hit three times its normal daily level and options positions that looked comfortable on Thursday morning were suddenly down 30-60%. That kind of day is not unusual, it just feels that way when you are not prepared for it. Today I want to walk through a hedging structure I have been running alongside my algorithm, Maya , for more than a year: the QQQ put spread. Before I get into the mechanics, I want to be clear about something upfront. A hedge does not cancel your losses. What it does is put a meaningful floor under your worst-case scenario while keeping your cost of protection manageable. Those are two very different things, and the distinction matters. What's a QQQ Put Spread Hedge A put spread pairs two positions: you buy a put at one strike and simultaneously sell a put at a lower strike with the same expiration. The put you buy gains value as QQQ falls. The put you sell at the lower strike caps your maximum profit but dramatically reduces what you pay to enter the position. Without that second leg, buying outright puts to hedge a portfolio gets expensive fast, particularly when volatility is already elevated and everyone else has the same idea. The specific setup I use targets roughly 40 days to expiration, with the long put sitting about 3% below QQQ's current price and the short put about 8% below. Right now, with QQQ trading near $705, that means buying the $685 put and selling the $650 put, a $35-wide spread targeting the July expiration cycle. There are three things I look at before opening the hedge: 1. VIX level This is the first filter and the most important one. I do not open new hedges when VIX is above 20. Once VIX is elevated, put premiums have already expanded and you are paying crisis prices for protection against a crisis that may have already started. The right time to buy protection is when the tape is calm and...
Crusoe , a developer of data centers for companies like OpenAI and Microsoft Corp. , said it has contracts for almost 5 gigawatts of capacity, even though it has paused work on a significant project in Wyoming. Crusoe was working with Blackstone Inc. -backed energy company Tallgrass to develop a 1.8-gigawatt campus in Cheyenne, Wyoming, for an undisclosed tenant. “At the request of our customer, C...
Crusoe , a developer of data centers for companies like OpenAI and Microsoft Corp. , said it has contracts for almost 5 gigawatts of capacity, even though it has paused work on a significant project in Wyoming. Crusoe was working with Blackstone Inc. -backed energy company Tallgrass to develop a 1.8-gigawatt campus in Cheyenne, Wyoming, for an undisclosed tenant. “At the request of our customer, Crusoe has paused its development activities” on the site, the company said Tuesday in a statement. The 4.9 gigawatts of contracted capacity includes the flagship site of OpenAI and Oracle Corp.’s Stargate project in Abilene, Texas. The first two buildings are up and running and six more are under construction, for a total of 1.2 gigawatts, Crusoe said in a statement. A gigawatt is enough electricity to power about 750,000 US homes at any one time. Microsoft Corp. is Crusoe’s customer for an extension of the Stargate campus to provide an additional 900 megawatts. Ground was recently broken on that site, Crusoe said. Read More: Inside the First Stargate AI Data Center Denver-based Crusoe also has contracts for two other large campuses in Texas and one in Missouri. One of the two Texas projects is in Claude, near Amarillo, where a local TV station has reported Google will occupy the site. Crusoe declined to name the tenants for any of those projects or for the paused Wyoming site. Founded in 2018, Crusoe specializes in big data center projects for artificial intelligence work. The 4.9 gigawatt-total also includes capacity for the company’s own cloud service. The total project pipeline — including contracts, sites in discussions with tenants and sites under advanced development — is more than 40 gigawatts, Crusoe said. Read More: Microsoft to Rent Texas Data Center Dropped by Oracle, OpenAI
Iren (NASDAQ: IREN) is racing to become a major AI infrastructure player, with Blackwell systems, data center capacity, and multibillion-dollar revenue targets reshaping the bull case. The upside could be powerful if execution stays on track, but the stock's current valuation suggests investors may already be betting heavily on success. *Stock prices used were the market prices of June 1, 2026. Th...
Iren (NASDAQ: IREN) is racing to become a major AI infrastructure player, with Blackwell systems, data center capacity, and multibillion-dollar revenue targets reshaping the bull case. The upside could be powerful if execution stays on track, but the stock's current valuation suggests investors may already be betting heavily on success. *Stock prices used were the market prices of June 1, 2026. The video was published on June 8, 2026. Continue reading
The SpaceX IPO is coming this week. Excitement has been building in recent weeks, and investors have been looking for ways to gain exposure to the stock before it even begins trading. But there's a simple way to do so that doesn't come with much long-term risk and involves investing in one of the top companies in the world: Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) . Here's why investing in this tec...
The SpaceX IPO is coming this week. Excitement has been building in recent weeks, and investors have been looking for ways to gain exposure to the stock before it even begins trading. But there's a simple way to do so that doesn't come with much long-term risk and involves investing in one of the top companies in the world: Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) . Here's why investing in this tech giant may be a good move if you want to take advantage of the growth opportunities tied to SpaceX. Image source: Getty Images. Continue reading
Mesut Dogan/iStock Editorial via Getty Images Oracle Remains A "Buy" Ahead Of Earnings I wrote about Oracle Corporation ( ORCL ) on Seeking Alpha twice , and in both cases, I was bullish on the stock, seeing a reasonable upside potential that should have come from AI initiatives and explosive growth in demand for ORCL's services. When ORCL dipped heavily in early 2026, I updated my coverage with a...
Mesut Dogan/iStock Editorial via Getty Images Oracle Remains A "Buy" Ahead Of Earnings I wrote about Oracle Corporation ( ORCL ) on Seeking Alpha twice , and in both cases, I was bullish on the stock, seeing a reasonable upside potential that should have come from AI initiatives and explosive growth in demand for ORCL's services. When ORCL dipped heavily in early 2026, I updated my coverage with a view that ORCL's margins were likely to expand amid the cloud infrastructure scaling and better operating leverage—I saw an upside potential of ~27%, and I see that Oracle has already climbed to my previous price target. The firm is burning a lot of cash on CAPEX on future capacity built out, and the debt load is getting bigger. But there's an important thing that helps Oracle stay financially flexible—the management is running a customer-prepayment financing model, so the firm's balance sheet risks seem to be minimal, in my opinion. I believe their cloud networking moat is becoming more durable, and the RPO dynamics prove that we'll likely see a massive re-acceleration in ORCL's top-line growth ahead. They're reporting earnings tomorrow after close, according to Seeking Alpha , and I'm staying bullish on the stock ahead of that event. Why Do I Think So? When Oracle reported last time, its stock price popped by over 9% on the day. Although there was some heavy selling going into April 2026, ORCL eventually recovered, and it is now trading 40%+ above its price prior to the fiscal Q3 2026 earnings release: TrendSpider Software, ORCL, notes added The firm's sales came in at $17.19 billion (+22% YoY), beating the consensus by ~1.66%, per Seeking Alpha data , and on the bottom line, we saw an adjusted EPS of $1.79 (+21% YoY), which was a beat of 5.69%. Seeking Alpha, ORCL As the management noted on the call, Q3 was the first quarter in the past 15 years when Oracle had both organic sales and EPS growth rates above 20% on a YoY basis. So, the initial post-earnings bullish moveme...
Cotton price action is down 2 to 30 points so far on Tuesday morning. Futures posted mixed trade of 36 points lower to 13 points higher across most contracts on Monday. The US dollar index was down $0.101 at $99.95. Crude oil was up 74 cents on the day. Monday...
Cotton price action is down 2 to 30 points so far on Tuesday morning. Futures posted mixed trade of 36 points lower to 13 points higher across most contracts on Monday. The US dollar index was down $0.101 at $99.95. Crude oil was up 74 cents on the day. Monday...
Soybeans are showing fractionally mixed trade so far on Tuesday morning. Futures saw lower trade for much of Monday, with contracts fractionally to 5 ¾ cents in the red. Open interest was down 7,185 contracts, with July down 20,120 contracts. The cmdtyView national average Cash Bean price was down 5...
Soybeans are showing fractionally mixed trade so far on Tuesday morning. Futures saw lower trade for much of Monday, with contracts fractionally to 5 ¾ cents in the red. Open interest was down 7,185 contracts, with July down 20,120 contracts. The cmdtyView national average Cash Bean price was down 5...
Wheat is showing 2 to 6 cent gains across the three exchanges on Tuesday morning. The wheat complex was mixed on Monday, with the winter wheat firmer. Chicago SRW futures saw strength of 1 to 3 ¼ cents across most contracts on Monday. Open interest was down 14,570 contracts, with...
Wheat is showing 2 to 6 cent gains across the three exchanges on Tuesday morning. The wheat complex was mixed on Monday, with the winter wheat firmer. Chicago SRW futures saw strength of 1 to 3 ¼ cents across most contracts on Monday. Open interest was down 14,570 contracts, with...
Anthropic Mythos launches today as Claude Fable. Discover how this powerful AI could transform crypto security, expose new risks, and reshape blockchain defenses.
Anthropic Mythos launches today as Claude Fable. Discover how this powerful AI could transform crypto security, expose new risks, and reshape blockchain defenses.
(RTTNews) - Harley-Davidson, Inc. (HOG) announced Tuesday that it is bringing back production of the Revolution Max platform for North America to the United States as part of the Company's Back to the Bricks strategy. This includes the production of Pan America, Sportster S, and
(RTTNews) - Harley-Davidson, Inc. (HOG) announced Tuesday that it is bringing back production of the Revolution Max platform for North America to the United States as part of the Company's Back to the Bricks strategy. This includes the production of Pan America, Sportster S, and
By Karen Roman Solidion Technology, Inc. (Nasdaq: STI) said it was granted seven new U.S. patents on anode materials for lithium batteries totaling 130 patents in the country. The company’s […]
By Karen Roman Solidion Technology, Inc. (Nasdaq: STI) said it was granted seven new U.S. patents on anode materials for lithium batteries totaling 130 patents in the country. The company’s […]
Police used teargas to disperse demonstrators in Nanyuki, 120 miles from Nairobi, amid rising anger at US plans A man has been shot in the head during a protest in a town in central Kenya against a proposed US Ebola quarantine facility for its citizens. Photographs from the scene appeared to show a person lying motionless on the ground. Continue reading...
Police used teargas to disperse demonstrators in Nanyuki, 120 miles from Nairobi, amid rising anger at US plans A man has been shot in the head during a protest in a town in central Kenya against a proposed US Ebola quarantine facility for its citizens. Photographs from the scene appeared to show a person lying motionless on the ground. Continue reading...
HOUSTON, June 09, 2026--Global energy technology company SLB (NYSE: SLB) today announced a memorandum of understanding with Qualcomm Technologies, Inc. to enable edge AI solutions for the energy industry, supporting real-time operational decision-making across wells, facilities and production systems.
HOUSTON, June 09, 2026--Global energy technology company SLB (NYSE: SLB) today announced a memorandum of understanding with Qualcomm Technologies, Inc. to enable edge AI solutions for the energy industry, supporting real-time operational decision-making across wells, facilities and production systems.
On this episode of Stock Movers with Alexis Christoforous: - Nuvalent (NUVL) shares are higher on news GSK agreed to buy Nuvalent for $10.6 billion, securing a US biotech firm developing treatments for lung cancer. - JM Smucker (SJM) shares are on the move after it posted fourth-quarter profits that beat Wall Street expectations as higher prices helped boost the packaged food company. - Vail Resor...
On this episode of Stock Movers with Alexis Christoforous: - Nuvalent (NUVL) shares are higher on news GSK agreed to buy Nuvalent for $10.6 billion, securing a US biotech firm developing treatments for lung cancer. - JM Smucker (SJM) shares are on the move after it posted fourth-quarter profits that beat Wall Street expectations as higher prices helped boost the packaged food company. - Vail Resorts (MTN) is dropping after the ski resort operator cut its net income guidance for the full year, attributing the reduction to “historically challenging” weather conditions in the western US. The guidance missed the average analyst estimate. (Source: Bloomberg)
Audience members said baby’s cooing and gurgling ruined Branagh’s return to the RSC after 30 years, with some seeking refunds Boatswain! The opening scene of Shakespeare’s seminal play The Tempest, in which Prospero conjures up a violent storm to shipwreck his treacherous brother, is enough to wake up anyone – let alone a baby. Audience members at a matinee performance of the Royal Shakespeare Com...
Audience members said baby’s cooing and gurgling ruined Branagh’s return to the RSC after 30 years, with some seeking refunds Boatswain! The opening scene of Shakespeare’s seminal play The Tempest, in which Prospero conjures up a violent storm to shipwreck his treacherous brother, is enough to wake up anyone – let alone a baby. Audience members at a matinee performance of the Royal Shakespeare Company’s production, starring Kenneth Branagh as Prospero , complained after a baby gurgled and cooed its way throughout the entire first half. Continue reading...
Tesla (NASDAQ:TSLA) CEO Elon Musk is once again pitching a project that sounds engineered to break Excel spreadsheets. According to an X post from Sawyer Merritt circulating this week, Musk described Terafab as a roughly 100 million square foot facility, about 10 times larger than Tesla’s Giga Texas factory, with a long-term output target of ... Elon Musk Reveals Insane Plan to Double American Chi...
Tesla (NASDAQ:TSLA) CEO Elon Musk is once again pitching a project that sounds engineered to break Excel spreadsheets. According to an X post from Sawyer Merritt circulating this week, Musk described Terafab as a roughly 100 million square foot facility, about 10 times larger than Tesla’s Giga Texas factory, with a long-term output target of ... Elon Musk Reveals Insane Plan to Double American Chip Production in a Single Plant
Father and mother of Annabel Rook praised her dedication to helping others and want to focus on her legacy A retired Old Bailey judge has paid tribute to his daughter after her killer was jailed for life. Today at Snaresbrook crown court, Clifton George, 45, was sentenced to life imprisonment after being found guilty of the murder of Annabel Rook, 46, whom he stabbed in the living room of her own ...
Father and mother of Annabel Rook praised her dedication to helping others and want to focus on her legacy A retired Old Bailey judge has paid tribute to his daughter after her killer was jailed for life. Today at Snaresbrook crown court, Clifton George, 45, was sentenced to life imprisonment after being found guilty of the murder of Annabel Rook, 46, whom he stabbed in the living room of her own home in Stoke Newington, north London. Continue reading...