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OptionsNews
An ahead-of-the-bell look at the market's biggest stories and a review of unusual options activity. Filled with smart market analysis from the ONN.tv team, "Options News" turns the market's top headlines into trading intelligence, hosted by Karla Yeh.
Kevin Cook provides options insight on U.S. Steel, as the shares dropped six percent during trading Wednesday.
On today’s Options News, Carrie Long and the ONN.tv team cover the CBOE SPX Volatility Index (VIX), dropped more than 5% to the 23-mark. The volatility index declined roughly one point along with the broader market rally following the Federal Reserve announcement that interest rates would remain unchanged near zero percent.
U.S. Steel (NYSE: X) shares have seen a significant drop-off throughout the last month, and the stock fell 6% during yesterday’s trading session following a worse-than-expected earnings report. The company missed estimates by 21 cents a share. Market Analyst Kevin Cook highlights interesting options action throughout the day Wednesday.
For more breaking news and investment pointers on the options market, stay tuned in to ONN.tv.
