June 7, 2017 Market Wrap Up

There was some uncertainty going into today, the upcoming British elections along with a testimony from former FBI commissioner James Commey. That said the market was weak for most of the day until it rallied and closed higher.

The VIX sold off and closed at 10.39.

ETF movers: United States Oil Fund (USO) -5.12%, iShares 20+ Year Treasury Bond (TLT) -0.48%. SPDR Gold Shares (GLD) -0.53%.

On the options front, we saw large call buying activity in Lattice Semiconductor Corp (LSCC), which traded 19.8 times normal option volume. In addition, we saw heavy put buying in Aspen Technology Inc (AZPN), which traded 32.2 times normal option volume.

Key Economic Data:
08 June 2017- Jobless Claims 8:30 AM ET

Key Earnings:
07 June 2017- NAV, ABM, MIND, ONVO, TLRD, VRNT
08 June 2017- CMD, DVMT, FCEL, SJM, VNCE, PAY

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