SK Hynix speculation is reaching extreme levels:


SK Hynix call option open interest has EXPLODED from ~20,000 contracts at the start of 2026 to over 600,000 today, a +29,000% surge.
At the same time, derivative activity tied to leveraged SK Hynix ETFs is estimated to account for 60% to 70% of the stock's trading volume.
Notably, Samsung and SK Hynix together account for ~52% of the entire KOSPI index, with Samsung at 27% and SK Hynix at 25%, meaning just 2 stocks are amplifying the entire market voaltility.
As a result, the Kospi Volatility Index has more than TRIPLED year-to-date and now trades near its all-time high.
Meanwhile, global banks are limiting hedge funds leveraged bets on SK Hynix and Samsung, a move that could make the rally more difficult to maintain.
The South Korean market is a casino.
#WarshDebutsAsFedHoldsRatesSteady
#korea
VIX0.39%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned