HK Stock Concept Stock Continues to Rise in the Afternoon, Smartech Surges Nearly 10% to Hit a New High

May 26: A statement from Iran’s Islamic Revolutionary Guard Corps (IRGC) said Tuesday that Iran reserves the right to retaliate against any U.S. actions that breach the ceasefire. The IRGC reported that hostile aircraft—including an MQ-9 drone, an RQ-4 drone, and an F-35 fighter jet—entered Iranian airspace over the Persian Gulf, and these assets have been identified and tracked. Iran is warning the U.S. military not to violate the ceasefire terms. Separately, a spokesperson for Iran’s Armed Forces General Staff previously stated Iran is prepared for full-scale conflict, adding that if the U.S. and Israel carry out new strikes, Iran’s retaliation will be far more severe. Amid Iran’s hardline posture, data from Bitget shows WTI and Brent crude oil prices continued climbing today, with both gaining over $1 in short-term trading. WTI is now at $95.30 per barrel, while Brent trades at $96.13 per barrel.

On May 26, UK-based Bitcoin treasury firm The Smarter Web Company boosted its holdings by another 10 BTC, bringing its total reserves to 2,869 BTC. The company now ranks 27th among publicly traded Bitcoin treasuries.

May 26th — Renowned tech stock guru Serenity, nicknamed the "Small-Cap Tech Stock God," has locked in huge gains from volatility arbitrage on Korean index options. Serenity highlighted that the long call option trade on EWY (iShares MSCI Korea ETF), which he first put forward back on February 13th, has fully played out: the position has delivered over 300% in profits, with total returns exceeding 4x. He explained that EWY’s core components are Samsung Electronics and SK Hynix, two top memory giants classified as high-volatility assets. The implied volatility of EWY was estimated at 65-80%, but its index options were severely undervalued — roughly 32% mispriced, far lower than the levels seen for Google and Amazon. Serenity noted market makers overly relied on historical low-volatility data, overlooking the new normal of elevated volatility driven by the AI memory supercycle. The profits came from two key drivers: the rise in EWY’s underlying price and a re-pricing of implied volatili

May 26 – Binance is set to launch OPENAI U Perpetual Futures Pre-IPO Trading, with its go-live time scheduled for May 26, 2026, at 16:30 UTC+8.

On May 26, Sharqarlsh, a spokesman for Iran’s Armed Forces Chief of Staff, stated that Iran is prepared for war. He warned that if the U.S. and Israel launch a new attack, Iran’s response will be more intense and will involve new tactics. The spokesman also added that should war resume and Iran’s exports be banned, Iran will block oil shipments throughout the region. (CCTV News)

As of May 26, short interest in the U.S. stock market has hit a multi-year peak. For the median S&P 500 stock, short interest now stands at 3.0% of its market capitalization—its highest level since 2012, and double the rate recorded during the 2020 pandemic. For context, during the 2008 financial crisis, the median S&P 500 stock’s short interest reached 3.8%. Meanwhile, short interest among the top 10% of most-shorted stocks in the S&P 500 has climbed to 8.0% of market cap, marking its highest point since 2018. Both of these metrics are even higher than levels seen in the bear market that followed the 2000 dot-com bubble burst. This dynamic has the market on alert for a potential short squeeze: a scenario where a large number of short positions are forced to cover en masse, triggering a rapid, sharp upward move in prices in the near term.