Everyone knows that there is an outsized impact from the likes of Apple Inc (Nasdaq: AAPL), Microsoft Corp (Nasdaq: MSFT), and others. This short list of 7 companies carries about a 55% weighting on the Nasdaq 100 Index. Well, no more. The special rebalance is scheduled for July 24, 2023. Let's visit the impact of the rebalance today's unusual option activity trades (AAPL, MSFT, NVDA, SBUX, CDE, LYFT).
Nasdaq Unch'd as Special Rebalance Forces Monsters of Tech Lower
