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Barchart
Barchart
Will Ashworth

Beyond Inc.’s Unusual Options Activity Suggests a Long Straddle Could Be in the Cards

It’s Friday, the last day of the workweek, but more importantly, Game 1 of the World Series is tonight in what should be an epic battle between the Yankees and the Dodgers. I can’t wait. 

Anyway, the University of Michigan's U.S. Consumer Sentiment Index is on tap for investors this morning (I’m writing this before the open). Economists believe it will drop from 70.1 in September to 68.9 in October. While up considerably from an all-time low of 50.0 in June 2022, it’s well down from its 10-year high of 101.0 points in February 2020, right before the pandemic took off. 

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