Citadel Securities bought the unit of Morgan Stanley that focus on electronic market making for U.S. equity options. It's a move that further cements the firm's dominant role in popular derivatives, and that is today's focus on the Wall Street beat. We're going to dive into this now which whether not to Rajan of a Bloomberg News and it is amazing to see Morgan Stanley sell this business to Citadel Securities.Why would they. Because their rivalry is very, very fierce between Citadel Securities and the big ba ...

Investors in Flushing Financial Corporation (FFIC) need to pay close attention to the stock based on moves in the options market lately. That is because the Aug 15, 2025 $5 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It ...

Investors in Braze, Inc. (BRZE) need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 17, 2025 $22.50 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean ...

Core Viewpoint - Investors in Arhaus, Inc. (ARHS) should closely monitor stock movements due to significant implied volatility in the options market, particularly for the Aug. 15, 2025 $5 Put option [1] Group 1: Implied Volatility - Implied volatility indicates the market's expectations for future price movements, with high levels suggesting potential significant price changes or upcoming events that could lead to a rally or sell-off [2] - The current high implied volatility for Arhaus options may signal a developing trading opportunity, as options traders often seek to sell premium on such options to capture decay [4] Group 2: Analyst Sentiment - Arhaus holds a Zacks Rank 4 (Buy) in the Retail – Miscellaneous industry, which is positioned in the bottom 36% of the Zacks Industry Rank [3] - Over the past 60 days, two analysts have raised their earnings estimates for the current quarter, while none have lowered them, resulting in a decrease of the Zacks Consensus Estimate from 18 cents per share to 15 cents [3]

The Hecht Commodity Report is one of the most comprehensive commodities reports available today from a top-ranked author in commodities, forex, and precious metals. My weekly report covers the market movements of over 29 different commodities and provides bullish, bearish, and neutral calls, directional trading recommendations, and actionable ideas for traders and investors.While the U.S. dollar remains the world’s reserve currency, the Euro is the second most watched and traded foreign exchange instrument. ...

Bitcoin options traders are already setting their sights on much higher prices while the original cryptocurrency extends its record-breaking rally for a second day https://t.co/K0tPZeFyuj ...

🚨 MARKET: Open Interest in XRP options nears $100M.XRP options open interest has surged to nearly $98M million, the highest since August 2023.Traders are piling in as volatility spikes, with yields on short-term contracts drawing in speculators and yield hunters. https://t.co/zoBKIHbWqr ...

Investors in American Axle & Manufacturing Holdings, Inc. (AXL) need to pay close attention to the stock based on moves in the options market lately. That is because the July 18, 2025 $2.00 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction o ...

Core Insights - CME Group reported a record international average daily volume (ADV) of 9.2 million contracts in Q2 2025, representing an 18% increase year over year [1] - The growth in ADV was driven by record quarterly volumes in various product categories across regions, including EMEA and APAC [1][2] Group 1: Regional Performance - EMEA ADV reached a record 6.7 million contracts, up 15% from the previous year, with significant increases in Equity Index (43%), Energy (15%), Interest Rate products (12%), and Metals (5%) [2][7] - APAC ADV hit 2.2 million contracts, a 30% increase year over year, driven by Energy products (67%), Metals (34%), and Agricultural products (13%) [3][7] - Canada ADV reached 190,000 contracts, up 17% year on year, with Interest Rate and Equity Index products increasing by 19% and 35% respectively [3] - LatAm ADV was 189,000 contracts, a 4% increase from 2024, with Foreign Exchange and Metals products achieving quarterly records, growing by 30% and 3% respectively [4] Group 2: Global Performance - Globally, CME Group reported a record quarterly ADV of 30.2 million contracts in Q2 2025, up 16% year over year, driven by record volumes in Interest Rate, Agricultural, and Metals products [4]

Core Insights - Stitch Fix, Inc. (SFIX) reported a 3.4% adjusted EBITDA margin in Q3 of fiscal 2025, an increase of 130 basis points year over year, with adjusted EBITDA reaching $11 million compared to $6.7 million in the same quarter last year [1][9] Financial Performance - The improved margin was driven by disciplined cost control, particularly in selling, general and administrative (SG&A) expenses, which declined by 10.8% year over year to $153.3 million, accounting for 47.2% of net revenues, down from 53.2% in the prior-year quarter [2] - Revenues per active client grew by 3.2% year over year to $542, supported by a 10% rise in average order value, attributed to more flexible Fix options and expanded trend-right assortments [3] - The contribution margin remained above 30% for the fifth consecutive quarter, providing financial flexibility to manage gross margin fluctuations and reinvest in client experience [4] Strategic Outlook - The company raised its full-year adjusted EBITDA guidance to $43-$47 million, implying a margin of 3.5%-3.8%, an increase from the previously communicated $40-$47 million [5] - SFIX is currently trading at a forward 12-month price-to-sales (P/S) multiple of 0.42X, significantly lower than the industry's average of 1.77X and the sector's average of 1.66X, indicating a potential undervaluation [6] Stock Performance - Shares of Stitch Fix have gained 34.8% in the past three months, outperforming the industry's growth of 25.5% [10]