On September 11, CSOP SK Hynix Daily Max (2x) Leveraged Product fell 7.76% in regular trading, trading at HK$40.92, with turnover of HK$172 million. The decline was driven by the underlying SK Hynix ADR's 5.20% overnight pullback to $188.30, amplified by the product's 2x daily leverage structure.

The sell-off followed a session in which SK Hynix ADR had surged over 7% to an all-time high, triggering aggressive profit-taking. Broader semiconductor sector weakness further compounded the pressure. Notably, institutional options activity has turned decisively bearish in recent sessions. On September 11, a $10.60 million dual short-call spread was recorded on SKHY, simultaneously selling the 150 and 225 strike calls expiring in December, signaling expectations that upside remains capped over the medium term. A separate $8.00 million bear call spread and an $80.40 million synthetic put emerged on September 10, reinforcing the cautious institutional stance. Despite supportive fundamentals — including sub-10-day memory chip inventory levels and a potential 40 trillion won buyback plan flagged earlier — near-term sentiment has shifted to favor range-bound trading with limited upside.

(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.)