On August 13, CSOP SK Hynix Daily (2x) Leveraged Product rose 12.75% in regular trading, trading at 35.2 HKD, with turnover of HKD 477 million. The rally was directly driven by a 9.01% surge in the underlying asset SK Hynix US-listed shares, which closed at $154.41.

On the options front, bullish sentiment ran high as a notable $350,000 far-month call option purchase emerged — 1,750 contracts at a $175 strike price expiring August 21 — alongside a bull put spread strategy deployment, signaling strong medium-term upside conviction. SK Hynix's implied volatility currently sits at 80.08% with an IV percentile of just 9.09%, indicating options are priced relatively cheaply. The IV/HV ratio of 0.68 further suggests the market is pricing future volatility conservatively relative to historical levels.

After a 15% weekly decline previously driven by concerns over Nvidia potentially cutting Rubin Ultra memory configurations and HBM demand contraction, institutional analysts have noted the worst may have passed, with target prices implying significant upside from current levels. As a 2x leveraged product, the ETF amplified the underlying's gains.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)