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Barchart
Barchart
Will Ashworth

Is Intuit's Unusually Active January 16/2026 $700 Call Option a Sucker’s Bet?

As I write this early in Friday's trading, the markets are red, with the S&P 500 down 0.61% and the Dow down 0.82%. 

So far, stocks taking it on the chin include Akamai Technologies (AKAM), Block (XYZ), and NU Holdings (NU), all down double digits due to disappointing earnings. Also getting attention is UnitedHealth Group (UNH), which is being investigated by the Department of Justice for Medicare billing practices. It’s down more than 8%. 

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