OP Wire 9/11 (OP – Lite)

By Steve

📊 OptionsPlayers Market Wire

U.S. stock futures are pointing higher this morning as traders brace for the release of the all-important CPI data. By 3:10 ET, Dow futures were up 35 points (+0.1%), S&P 500 futures gained 8 points (+0.1%), and Nasdaq 100 futures climbed 39 points (+0.2%).

Wall Street finished mixed yesterday with the S&P 500 and Nasdaq locking in fresh all-time highs, fueled by a historic +36% surge in Oracle shares after its blowout AI-cloud earnings. That’s Oracle’s biggest one-day move since 1992, pushing its market cap toward the trillion-dollar club. The Dow lagged, closing down nearly half a percent.

🔥 Focus Today – CPI Print
The August CPI is expected to show 2.9% annualized inflation, up from 2.7% in July. A hotter number confirms sticky prices, while the labor market is already showing cracks. That’s the stagflation risk—slower growth and rising costs. Yesterday’s surprise dip in producer prices offered some relief, but all eyes are on how the Fed responds next week.

🌍 ECB on Deck
Before the Fed meets Sept. 16-17, the European Central Bank is set to announce rates today. No change is expected, but internal debate is heating up. ECB President Lagarde’s tone will be critical for global rate expectations as Europe faces slightly higher inflation and faster growth than projected.

💻 Earnings Spotlight – Adobe
Adobe reports after the bell. Street estimates: EPS $5.18 on $5.91B in revenue. Despite raising guidance earlier this year, sentiment is cautious with analysts flagging “cyclical and secular headwinds.” Traders will be watching closely to see if AI adoption begins to meaningfully move the needle.

🛢 Commodities Check

Oil: Brent at $67.40, WTI at $63.56 as U.S. inventories rose sharply, signaling weaker demand.
Gold: Slightly lower overnight but still near record highs, supported by firm expectations of a Fed cut next week.

✅ OptionsPlayers Take
Yesterday’s ORCL thesis play crushed it — many of you locked in a year’s worth of gains on that one setup alone. That’s what OP is all about: finding the plays with asymmetric upside and stacking those wins.

🎥 Reminder: AC&I Live Stream today — we’ll break down pre-market setups, levels, and get ready to attack the tape together.

Keep stacking and enjoying. 💪📈

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OP Wire 9/11 (OP – Lite)

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