S&P 500, NASDAQ EXTEND GAINS AS NVIDIA SURGE CONTINUES

Nvidia stock up 3% in early trading; shares have climbed more than 170% so far this year

QQQ Nov 2024 425.000 put

OPR - OPR Delayed Price. Currency in USD

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5.11

-0.04

(-0.78%)

As of 10:32AM EDT. Market open.

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Investing.com
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The declining short interest in SPDR® S&P 500 (NYSE:SPY) and Invesco QQQ Trust (NASDAQ:QQQ) exchange-traded funds (ETFs) to successive record lows has been supporting US equities and reducing volatility over the past year, thus serving as an implicit short volatility (vol) trade, JPMorgan strategists said in a Thursday note.
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