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Get Ready for a Rate Rally and What Facebook’s Instagram About-Face Means for Big Tech

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The Chipstock Is at 4 % in the Last Week, Heating Into to Morrow's Earnings

The chipstock is now at four % in the last week, heating into to morrow's earnings. Calls out pacing their average by about one point eight times to day and outnumbering puts by about two point four times. The most active options that we saw were the 80 strike calls that expired at the end of the week, over 12 thousand of those. And the options markets implying a move of about five and a half %, which is in line with the eight quarter average of about 5 and a half%.

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