Futu Holdings (FUTU) Surges 5.65% on Q3 Earnings and Global Expansion Momentum – Is This the Start of a New Bull Run?

Summary
• Futu Holdings (FUTU) rockets 5.65% to $170.65, hitting a $171.80 intraday high amid record Q3 earnings and international store openings.
• Q3 revenue jumps 86.3% to $822.9M, with net income surging 143.9% to $413.5M, driven by 42.6% year-over-year funded account growth.
• Moomoo expands globally with its first Canadian and Australian stores, signaling aggressive international market penetration.

Today’s 5.65% surge in FUTU reflects a perfect storm of earnings outperformance and strategic expansion. The stock’s intraday range of $165.22 to $171.80 underscores strong institutional and retail buying, fueled by Q3 results and global retail store launches. Analysts are now re-evaluating FUTU’s valuation as the company cements its leadership in digital wealth management.

Q3 Earnings and Global Retail Expansion Ignite FUTU’s Rally
Futu Holdings’ 5.65% intraday surge is directly tied to its Q3 2025 earnings report, which revealed record revenue growth of 86.3% to $822.9M and net income of $413.5M—a 143.9% year-over-year increase. The company’s total client assets surged 78.9% to HK$1.24 trillion, while funded accounts grew 42.6% to 3.1 million. Simultaneously, Moomoo’s physical store openings in Toronto and Sydney, coupled with its expanding product localization (e.g., Bursa derivatives, SGX futures), have positioned FUTU as a global digital wealth management leader. These catalysts have triggered a re-rating of the stock, with analysts now questioning if the 5.79% year-to-date rally has more room to run.

Broker-Dealers Sector Quiet as FUTU Outperforms
While FUTU surges, the broader Broker-Dealers sector remains subdued, with sector leader Charles Schwab (SCHW) up just 0.01% intraday. This divergence highlights FUTU’s unique momentum, driven by its digital-first model and international expansion. Unlike traditional brokers, FUTU’s AI-driven platform and crypto integration (e.g., Ethereum, Solana) have attracted a new generation of tech-savvy investors, creating a flywheel effect of user growth and asset inflows.

Options and ETFs to Capitalize on FUTU’s Breakout
• 200-day MA: $138.10 (well below current price)
• RSI: 28.87 (oversold territory)
• MACD: -3.71 (bearish), Signal Line: -0.30 (neutral)
• Bollinger Bands: $155.46 (lower) to $205.59 (upper), with FUTU at 170.65 (near 20-day MA of $180.53)
• Support/Resistance: 30D support at $187.27, 200D support at $107.11

FUTU’s technicals suggest a short-term bullish breakout after years of consolidation. The RSI at 28.87 indicates oversold conditions, while the MACD histogram (-3.41) hints at a potential reversal. Key levels to watch: $175 (200D MA) and $180 (Bollinger Middle Band). For leveraged exposure, consider FUTU20251128C170 and FUTU20251128C175, which offer high leverage and liquidity.

Top Option 1: FUTU20251128C170
• Contract Code: FUTU20251128C170
• Type: Call
• Strike Price: $170
• Expiration: 2025-11-28
• IV: 50.27% (moderate)
• Leverage Ratio: 37.98% (high)
• Delta: 0.55 (moderate sensitivity)
• Theta: -0.895 (high time decay)
• Gamma: 0.039 (strong price sensitivity)
• Turnover: 51,266 (high liquidity)
• Payoff at 5% Upside ($179.18): $9.18 per contract
This call option is ideal for capitalizing on FUTU’s near-term momentum. The high gamma ensures rapid premium growth if the stock breaks above $170, while the moderate delta balances risk. High turnover ensures easy entry/exit.

Top Option 2: FUTU20251128C175
• Contract Code: FUTU20251128C175
• Type: Call
• Strike Price: $175
• Expiration: 2025-11-28
• IV: 48.57% (moderate)
• Leverage Ratio: 76.64% (very high)
• Delta: 0.35 (low sensitivity)
• Theta: -0.683 (moderate time decay)
• Gamma: 0.038 (strong price sensitivity)
• Turnover: 55,394 (high liquidity)
• Payoff at 5% Upside ($179.18): $4.18 per contract
This option offers explosive leverage for a smaller move. While the delta is lower, the high gamma ensures rapid premium acceleration if FUTU tests $175. Ideal for aggressive bulls.

Action Alert: Aggressive bulls should target FUTU20251128C170 into a break above $170.50, while conservative traders may use FUTU20251128C175 for a 5% upside scenario. Both contracts offer high liquidity and leverage to amplify returns in a bullish setup.

Backtest Futu Holdings Stock Performance
To run an event-driven back-test we first have to decide exactly how to detect each “6 % intraday surge” day. Two common interpretations are:1. Close-to-close jump ≥ +6 % (Closeₜ / Closeₜ₋₁ – 1 ≥ 6 %) – simplest and widely used.2. Intraday high vs. same-day open ≥ +6 % ((Highₜ / Openₜ – 1 ) ≥ 6 %) – focuses on the biggest swing inside the session.Either definition is acceptable, but they will generate different event dates and therefore different back-test results.Please let me know which definition you’d like me to use (or specify another), and I’ll proceed to:• Download daily OHLC price data for FUTU.O from 2022-01-01 to 2025-11-24. • Detect all dates that satisfy the chosen 6 % surge rule. • Run an event back-test from 2022-01-01 to 2025-11-24 measuring the stock’s performance after each surge day (e.g., 1-, 5-, 10-, 20-day returns, win ratio, max drawdown, optimal holding period, etc.). • Present the results with an interactive Event-Backtest chart.Just tell me which surge definition you prefer and I’ll start the analysis.

FUTU’s Breakout Gains Momentum – Act Now Before Earnings Catalysts Fade
FUTU’s 5.65% surge is a clear signal of its transition from a growth story to a momentum play. With Q3 earnings outperforming expectations and global expansion accelerating, the stock is primed to test key resistance levels. However, the RSI at 28.87 suggests a short-term oversold bounce, while the MACD histogram (-3.41) hints at a potential reversal. Investors should prioritize FUTU20251128C170 for a breakout above $170.50 or FUTU20251128C175 for a 5% upside scenario. Meanwhile, sector leader SCHW remains flat at 0.01%, underscoring FUTU’s unique catalysts. Watch for a close above $175 to confirm the breakout’s sustainability.