Good Morning!

Last week, none of the central banks surprised us with hikes, while global growth came in better than expected, with European and US GDP showing resilience. Looking ahead, the BoE is expected to hike by 25 bps tomorrow, while US labour data is expected to align with previous prints on Friday. Next week we get the much-anticipated US inflation prints, which, given energy prices, should continue to spike.


Important Dates

WE CALLED IT

  • BTC—Short
    -2%
    $81,300 → $79,800

  • XAUUSD
    +1.6%
    $3,900 → $3,960

  • NQ—Long
    +1%
    $27,970 → $28,280

  • SPX—Long
    +0.60%
    $7,549 → $7,596

  • Gasoil Cracks—Long
    +17%
    $77 → $90

  • RDDT $160 calls exp. 10/16
    +201.46%
    Bullish on risk assets; showed intraweek strength

  • PLTR $200 puts exp. 10/16
    +147.50%
    Bearish on risk assets; showed intraweek weakness

  • TSM $400 puts exp. 10/16

    +66.67%

    Bearish on risk assets; showed intraweek weakness

  • RUTW $2,745 calls exp. 10/15

    +51.56%

    Bullish on risk assets; showed intraweek strength

  • PLTR $200 calls exp. 10/16

    +72.27%

    Bullish on risk assets; showed intraweek strength

  • PLTR $190 puts exp. 10/23

    +106.85%

    Bearish on risk assets; showed intraweek weakness

  • AMD $570 calls exp. 10/30

    +110.53%

    Bullish on risk assets; showed intraweek strength

  • LULU $105 calls exp. 10/30

    +94.39%

    Bullish on risk assets; showed intraweek strength

  • ORCL $140 calls exp. 10/30

    +384.08%

    Bullish on risk assets; showed intraweek strength

  • TSLA $410 calls exp. 11/6

    +75.44%

    Bullish on risk assets; showed intraweek strength

WIZARD’S WEEKLY MUSING

Unlock the full newsletter by becoming a Premium Member

Disclaimer

Wizard of Soho LLC and Weekly Wizdom publish financial information based on research and opinion. We are not investment advisors and do not provide personalized, individualized, or tailored investment advice. Additionally, we do not offer legal advice or information. The publisher does not guarantee the accuracy of the information provided on this page. All statements and expressions presented reflect the author's or paid advertiser's opinions and research. Directly or indirectly, no opinion is an offer or solicitation to buy or sell the securities or financial instruments mentioned.

Because news is ever-changing, do not take the opinions included as specific advice on the merits of any investment decision. Investors should conduct their own investigation and review of publicly available information to make informed decisions regarding the prospects of any company discussed. Any projections, market outlooks, or estimates herein are forward-looking and inherently unreliable. They are based on assumptions and should not be construed as indicative of actual events.

Conversely, other events not considered may occur and significantly affect the returns or performance of the securities discussed herein. The information provided reflects matters as they exist on the date of preparation and does not account for future developments. As a result, the publisher undertakes no obligation to correct, update, or revise this document or provide any additional information. The publisher, its affiliates, and clients may currently or foreseeably have long or short positions in the securities of the companies mentioned herein. They may therefore profit from fluctuations in securities prices. However, there is no guarantee that such persons will maintain these positions. Unauthorized reproduction of this newsletter or its contents by photocopy, facsimile, or any other means is illegal and punishable.

Neither the publisher nor its affiliates accept any liability for any direct or consequential loss arising from any use of the information contained herein. By using the website or any affiliated social media account, you consent and agree to this disclaimer and our terms of use.