Stock Track | CSOP SK Hynix Daily (2x) Leveraged Product Soars 14.28% Intraday as Underlying SK hynix Surges 9% on Bullish Options Flow
Stock Track
Aug 13
CSOP SK Hynix Daily (2x) Leveraged Product surged 14.28% during intraday trading on Thursday, mirroring a sharp rally in its underlying asset.
The move was driven by a 9.01% surge in SK hynix shares, which closed at USD 154.41. The underlying stock's advance was fueled by overwhelmingly bullish options activity, with large trades showing a net bullish flow of $0.39 million. A standout trade involved a $0.35 million out-of-the-money call purchase targeting the 175.0 strike, signaling strong conviction for further upside.
As a 2x leveraged product, the fund amplified the daily performance of SK hynix, translating the underlying stock's strong gain into a double-digit percentage surge for the leveraged product.
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