🟢 Derivative Income ETF (GOOP) is trading 3.31% up in pre-market as softer July PPI cools Fed tightening expectations

GOOP is trading at $38.16 (+3.31%) in pre-market, supported by softer July PPI and reduced expectations for additional Federal Reserve tightening.

• GOOP targets Alphabet (GOOGL) through a synthetic covered-call strategy, so gains likely reflect strength in large-cap technology.
• Slightly higher jobless claims also reduced expectations for additional tightening.
• Mixed futures remain modestly risk-on, with Nasdaq futures outperforming ahead of Retail Sales and Consumer Sentiment data.