Art of Speculation
Art of Speculation|7月 03, 2026 05:15
The Korean stock market has bounced back. One day in the ICU, the next day at the KTV . The daily EMA 50 fake breakdown has reversed with volume support. Next week, everyone holding positions can breathe a little easier. This month, we still have SK Hynix ADR, Samsung's earnings report, and SK Hynix's earnings report to look forward to. Options update: In the short term, sentiment around Micron's options leans bearish. The current Put/Call volume ratio has reached 1.44, and the open interest ratio has also risen to 1.28, indicating that a lot of capital is buying Puts or hedging for downside risk. If the stock price continues to drop, this positioning could further amplify volatility. However, if the stock price stabilizes and rebounds, the unwinding of Puts could trigger a hedging squeeze, pushing the stock price up quickly. Given the strong performance of the Korean stock market on Friday, there's a high probability of a rebound next week under these conditions.
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