Sep. 14 at 9:10 PM
$PANW $370C 10/16 -6.9% (peak +3.0%). Nothing settled today so the delta is all tape: AI slowdown warnings pulled money out of the chip names and into cybersecurity, while the 10-year touched 5% on the Saudi pipeline shutdown.
$PANW closed +13.1%.
$CRWD +13.9% but stopped 63 cents short of the
$240 trigger we had armed, so we did not take it.
$SMH -4.75% on the same headline that lifted cyber.
$SPY 760.88, 760 is the pivot and 765 caps.
$QQQ 709.18, 710 caps and 700 is the floor.
Fed Wednesday 2pm ET. A hike is the base case.
