Unusual Options Activity Hints That a Big Fish Is Rolling Covered Calls on Shopify Stock

The S&P 500 closed at a record high of 7,022.95 on Wednesday, up 0.80%, while the Nasdaq Composite followed suit, up 1.59% to 24,016.02. 

I’m not sure it’s a good thing that investors are looking past the Iran war. The key factor in markets remaining in an upward trajectory is the Strait of Hormuz and how long it remains closed.