Month: August 2020

Understanding Micron Technology’s Unusual Options Activity

MU) shares experienced unusual options activity on Friday. The stock price moved up to $45.1 following the option alert.” data-reactid=”12″Micron Technology (NASDAQ: MU) shares experienced unusual options activity on Friday. The stock price moved up to $45.1 following the option alert.

  • Sentiment: BULLISH
  • Option Type: SWEEP
  • Trade Type: CALL
  • Expiration Date: 2020-09-18
  • Strike Price: $49.00
  • Volume: 711
  • Open Interest: 477

3 Ways Options Activity is ‘Unusual’

One way options activity can be considered unusual is when volume is exceptionally high. The volume of options activity refers to the number of shares contracts traded for a day. Contracts that have been traded, but not closed by a counter-party, are called open interest. A purchased contract cannot be considered closed until there exists both a buyer and seller for the option.

Another gauge of unusual options activity is a contract with an expiration date in the

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How Trump’s ban on China’s 5G could affect you

Donald Trump's ban on Chinese telecoms equipment would have ...

The race for being the most powerful country or community in the world has been on-going since the beginning of the world. In the past, it was common for leaders and warriors to gain control over other communities through the use of force. The areas they have conquered become one of their colonies with the leader of the victorious community and country calling the shots. Most of these barbaric behaviours have been abolished over the past few years. However, this has not stopped the quest for countries to want to become the strongest and best in the world.

Currently, there are at least 3 major countries that are striving to become the most powerful in the world. Such countries, often known as superpowers, often have the strongest influence in the world. As of early 2020, America seems to be the major superpower of the world, with the president of America … Read More

Ford Working with Bosch to Perfect a Fully Automated Parking System

From Car and Driver” data-reactid=”23″From Car and Driver

  • Ford, Bosch, and Detroit real estate developer Bedrock announced today that they will partner on a monthlong demonstration of automated valet parking technology at a new Bedrock property in Detroit’s Corktown neighborhood.
  • The demonstration uses a 2020 Ford Escape in concert with lidar technology from Bosch to autonomously move a car from a drop point to a series of parking spaces in the garage’s demonstration area.
  • Ford, Bosch, and Bedrock are treating this as an information-gathering project and so far have no specific plans to bring this technology to market.

Ford, Bosch, and Detroit-based real estate developer Bedrock announced today that they’re bringing North America’s first demonstration of automated valet parking to Detroit’s Corktown neighborhood this month (there is a similar project in Stuttgart, Germany). Through the end of September, the three companies will host private demonstrations for members of

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Citi’s $900 Million Misfire Happened During Software Switch

(Bloomberg) — For years Citigroup Inc. has been an anomaly among big banks, relying on an obscure piece of software it helped develop to manage loan payments. Just as the bank tried to replace it, things went terribly wrong.

The saga began emerging in court this week as the firm blamed human errors for mistakenly sending $900 million to a fleet of hedge funds reluctant to return it. But the backdrop, according to people with knowledge of what happened, is a tale of arcane technology stretching back to the 1990s. It culminates with the bank’s decision last year to replace software with the industry standard. That rollout is still under way, adding to upheaval at a time when employees are working from home.

An internal review at the bank found humans manually operating the old software were ultimately at fault, and that their remote locations weren’t the problem, one person

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