POPA ReconAsian banks are packaging popular tech stocks into complex high-yield investment products that force them to sell large amounts of options…
Asian banks are packaging popular tech stocks into complex high-yield investment products that force them to sell large amounts of options (this drives down prices of volatility protection) This heavy selling can create extra upward pressure and catch-up rallies in semiconductor shares as the products eventually expire or get triggered Source
The excerpt is quoted from a public Telegram channel, which owns its text.