GameStop Option Bets | S&P Too Top Heavy? | Nvidia Passes Apple | Upcoming Banking Problems from Mortgages?
Broken Pie Chart
English - June 09, 2024 17:38 - 45 minutes - 62.7 MB - ★★★★★ - 16 ratingsInvesting Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Derek Moore and Jay Pestrichelli, CEO of ZEGA Financial look at some what seem like crazy options trades in GameStop. Plus, examining Nvidia passing Apple as the second largest stock in the S&P 500, and can it pass Microsoft for #1? They also talk about whether it’s a problem the top 4 stocks in the S&P 500 make up such a large percentage of the weighting and comparing it to the last time it was this high. Later they take some listener questions including whether the data shows cracks in the regional banks due to mortgage delinquencies, what happened in the unemployment report, and more.
Unemployment reaches 4%
Top 4 companies in the S&P 500 Index highest since the 1960’s
Comparing the contribution to returns S&P 500 Index top 496 vs the top 3 and Nvidia
Residential mortgage delinquencies and effect on regional banks
FDIC quarterly data on the health of banks
Nvidia passes Apple for #2 as its market cap exceeds Apples but will Microsoft be next?
1964 vs 2024 top 4 company weighting in the S&P 500 Index
Now the top 4 companies today are a lot more diverse business
GameStop options trading
Looking at the 128 calls open interest, volume and probabilities next 2 weekly expirations
Volatility in the GameStop option chain
Mentioned in this Episode
Mortgage Bankers Association data on residential mortgage delinquencies https://usreop.com/mba-chart-of-the-week-seriously-delinquent-rates-by-loan-type-conventional-fha-va-may-17-2024/
Delinquency rates on commercial real estate loans from FRED https://fred.stlouisfed.org/series/DRCRELEXFACBS
CNBC piece on potential cracks in the banking system https://www.cnbc.com/2024/03/19/where-cracks-in-the-banking-sector-may-appear-without-more-ma.html
Crazy VIX Bets Due to Election? | Market Reversal | Home Ownership Affordability Today | Shiller PE
Derek Moore’s book Broken Pie Chart https://amzn.to/3S8ADNT
Jay Pestrichelli’s book Buy and Hedge https://amzn.to/3jQYgMt
Derek’s new book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag
Contact Derek [email protected]