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XLF Aug 2020 22.000 put

OPR - OPR Delayed Price. Currency in USD
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0.12000.0000 (0.00%)
As of 3:57PM EDT. Market open.
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Previous Close0.1200
Open0.1300
Bid0.0000
Ask0.0000
Strike22.00
Expire Date2020-08-21
Day's Range0.1200 - 0.1600
Contract RangeN/A
Volume45,489
Open Interest138.68k
  • MarketWatch

    Bank stocks fall as Fed's dovish message pulls down Treasury yields

    Bank stocks were broadly lower Thursday, to underperform the broader stock market indicators, as the 10-year Treasury yield fell in 3-month lows in the wake of Federal Reserve Chairman Jerome Powell's dovish message. The SPDR Financial Select Sector ETF fell 1.5% in premarket trading, while futures for the Dow Jones Industrial Average gave up 223 points, or 0.9%. Among the sectors more heavily weighted members, shares of J.P. Morgan Chase & Co. shed 1.5%, Bank of America Corp. gave up 1.5%, Wells Fargo & Co. lost 1.8% and Citigroup Inc. shed 1.8%. The yield on the 10-year Treasury note fell 2.4 basis points to 0.553%, the lowest yield seen since April 21, after Powell said Wednesday that recent data suggests a slowing in the pace of the recovery, as COVID-19 cases increase. Lower long-term yields can hurt bank profits, as that narrows the spread between what banks earn on longer-term assets, such as loans, which are funded by shorter-term liabilities.

  • MarketWatch

    Goldman Sachs confirms $3.9 billion settlement deal with Malaysia

    Shares of Goldman Sachs Group Inc. edged up 0.2% in premarket trading Friday, after the bank confirmed a $3.9 billion deal with the Government of Malaysia to resolve all the criminal and regulatory proceedings in Malaysia relating to 1Malaysia Development Berhad (1MDB). The settlement was previously reported by Bloomberg. The deal also resolves all pending criminal charges against Goldman subsidiaries and certain current and former directors. Under terms of the deal, Goldman will pay $2.5 billion to the Government of Malaysia, there will be a guarantee that the government receives at least $1.4 billion in proceeds from assets related to 1MDB seized by governmental authorities. As a result of the settlement, Goldman expects to "materially increase" provisions for litigation and regulatory proceedings for the second quarter of 2020. The settlement follows criminal charges filed by Malaysia last year against current and former directors at Goldman for their role in the alleged multibillion-dollar corruption scheme against the state investment fund, 1MDB. Goldman said the settlement with Malaysia does not resolve other pending governmental and regulatory investigations involving 1MDB. Goldman's stock has lost 11.7% year to date through Thursday, while the SPDR Financial Select Sector ETF has dropped 21.0% and the Dow Jones Industrial Average has slipped 6.6%.

  • Here’s how a Biden presidency could hurt financial stocks
    MarketWatch

    Here’s how a Biden presidency could hurt financial stocks

    As Joe Biden leads President Donald Trump by double digits in national polls, analysts are assessing how financial stocks could be affected by having the veteran Democratic politician in the Oval Office.