Movement Alert|SK hynix Falls 3.11% Overnight, Bearish Options Flow Worth Nearly $7 Million Compounds Broad Semiconductor Weakness

Market Focus
Yesterday

On September 28, SK hynix fell 3.11% overnight, trading at $185.33/share, with turnover of $27.21 million.

On the news front, a prominent bearish signal emerged from the options market: a synthetic put structure worth approximately $6.895 million appeared at the 190.0 strike price expiring October 16, constructed via selling calls and buying puts, generating a net credit of $70,000 — a clear directional bearish bet. Additionally, a separate batch of deep-in-the-money covered call positions totaling $1.5185 million further reinforced the dominance of short-side positioning near at-the-money levels.

Meanwhile, the broader semiconductor sector came under pressure. Micron Technology fell 0.9%, Intel dropped 1.26%, Advanced Micro Devices lost 0.62%, Broadcom declined 0.37%, and NVIDIA slipped 0.24%, creating an unfavorable sector backdrop that compounded selling pressure on SK hynix. Elevated U.S. Treasury yields, with the 10-year recently breaching the 5% threshold, have continued to weigh on high-multiple growth names across the chip space.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10