On August 5, CSOP SK Hynix Daily (2x) Leveraged Product rose 6.47% in regular trading, trading at 39.82 HKD/share, with turnover of HKD 325 million.
On the news front, SK Hynix US-listed shares (SKHY) surged 8.17% overnight to close at $154.38. As a 2x leveraged ETF tracking SK Hynix performance, the product followed its underlying asset higher upon the Hong Kong market open, posting significant intraday gains.
Options data showed a $6.48 million synthetic long strategy large order betting on longer-term upside, indicating that some institutional capital holds an optimistic medium-to-long-term outlook on SK Hynix. However, a $5.74 million covered call selling order was also observed, capping near-term upside expectations, reflecting active multi-directional positioning among major participants. Overall, the strong overnight performance of the underlying asset provided upward momentum for the leveraged ETF.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)