Reported about 11 hours ago
Options traders are becoming increasingly cautious as the performance of major tech stocks, known as the Magnificent 7, starts to decline. After a robust two-year rally, concerns over US dominance in artificial intelligence and economic prospects are prompting investors to seek more protective strategies. As implied volatility rises and options prices increase, the overall sentiment in the market indicates growing unease, particularly as key economic data is expected to be released this week.
Source: YAHOO