There will be no Friday WTI Crude Oil Weekly option expiration this week given the upcoming U.S. Independence Day market closure. To manage exposure over the extended holiday, weekend utilize Thursday (XL1) and Monday (ML1) WTI Weekly options. #OOTT#CrudeOil
Green on the Week 🔥
Challenging week with high levels of volatility 🎢
Mon ✅ $631.26
Tue ✅ $1403.98
Wed❌ $-1040.52
Thu✅ $1344.18
Fri✅ $51.6. (I'll take it :)
4 out of 5 green days - I'll take it! 💵
Time to head out and enjoy the weekend 🥳
#BFM#TradingLife
SPACE X IPO BANK FEES TOP $500 MILLION
SpaceX’s IPO will generate about $500 million in total fees, or roughly 0.7% of the $75 billion raise. Goldman Sachs and Morgan Stanley are expected to earn about $100 million each, taking the largest share. Bank of America, Citigroup, and JPMorgan are set to receive around $75 million each, while smaller banks will earn $10 million or less.
SpaceX will not be added to the S&P 500 immediately, as it does not yet meet the index's eligibility requirements. This postpones an estimated $14 billion in passive buying from index-tracking funds. #SPCX