SK Hynix options begin trading. But another group of stocks is stealing its thunder

Image
SK Hynix options debuted Tuesday to less fanfare than one might have expected given the year-long rally in the stock and a 20%-plus surge on Tuesday alone. About 150,000 options traded in SK by midday Tuesday and while more calls traded than puts, the most popular directional trade by volume was selling calls, according to Cboe LiveVol data. Cboe offered five expiries: five monthly options that expire the third Friday of July, August, September, December and March 2027. While volume was higher than the 110,000 contracts traded on the VanEck Semiconductor fund (SMH) , and almost double the volume in Sandisk or Marvell , it's less than a third of the volume in the Roundhill memory ETF (DRAM) , or Micron , which traded about 380,000 contracts Tuesday. Nvidia traded about 2.3 million as of writing. SK Hynix U.S. shares One explanation for the lack of notable call-buying is that the surge in single-stock ETFs and leveraged funds with exposure to the South Korean chip sensation stole a ...

'LOL ... so funny': Apple says ex-engineer stole secrets and coached a colleague to do the same. He now works at OpenAI

'LOL ... so funny': Apple says ex-engineer stole secrets and coached a colleague to do the same. He now works at OpenAI Rudro Chakrabarti Sun, July 12, 2026 at 12:00 PM PDT 7 min read AAPL Apple sued (1) a former engineer and OpenAI on July 10, alleging the engineer kept a way into Apple's most sensitive files after he left and used it. Chang Liu, a senior system electrical engineer for eight years, defected to OpenAI in January. Within weeks, Apple says, he discovered a security bug let him still reach the company's confidential hardware files, and rather than report it, he exploited it and coached a colleague still inside Apple on how to copy materials without tripping the security team. The complaint names Liu, former Apple vice president Tang Tan, OpenAI, and its hardware subsidiary io Products. None of this has been proven. A complaint only tells the filing party's side, and the defendants have not answered in court. Neither Liu nor Tan has commented. What the filing does offer is a detailed, message-by-message account of what Apple says happened. Must Read Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 6 ways to build wealth like a landlord without actually being one Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake here's what it is and 3 simple steps to fix it ASAP Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going What Apple says Liu did Liu left Apple on January 22, 2026, and never returned at least one company laptop the same machine, Apple says, he had used to log into its network. Weeks later, Apple alleges, he found he could still reach its internal network storage, a cloud repository of confidential engineering files, through an authentication bug that should have locked him out. He did not report it. Instead, Apple alleges, he messaged a former colleague still at Apple, Yu-Ting "Alyssa" Peng: "LOL, I found out I can access the [network storage], so funny." Her reply, per the complaint, was "I'm ready." Apple says that while Liu was building hardware for OpenAI, he downloaded dozens of confidential files. Among them was a compilation of technical materials running past a thousand pages, plus presentations on how Apple manufactures and tests its main logic boards. Apple also alleges he used Peng's Apple-issued computer to get onto the network while she was still an employee and he was not. Liu also told Peng how to copy files from Apple workstations "to avoid trouble with the security team," pointed her toward specific project folders, and told her which confidential materials to study before her own OpenAI interview. The two allegedly switched to the LINE messaging app to avoid detection. Peng later got an OpenAI offer and left Apple on April 16, 2026. Story Continues Apple's case against OpenAI's hardware chief Apple treats Liu's conduct as a...

🔥 EXCLUSIVE PARTNER OFFER
Rapoo VT7 MAX /VT7 Wireless Gaming Mouse True 8K Wireless Polling Rate 53g Lightweight Up to 750Hr Battery Life

Rapoo VT7 MAX /VT7 Wireless Gaming Mouse True 8K Wireless Polling Rate 53g Lightweight Up to 750Hr Battery Life

Special Price

💎 Exclusive offer! The product everyone is talking about is now at a special price.

Affiliate link — Commission earned at no extra cost to you

© EcoNews DZ — Global Economic & Financial News

Comments

Popular posts from this blog

Writing a Thesis or Paper with AI Tools

Xi wants China to boost demand. Why isn’t it working?

Why sinodollars outweigh the petroyuan