FUTU Soars 5.87% on Record Earnings and Explosive Growth – Is This the New Bull Case?

Summary
• Futu Holdings (FUTU) surges 5.87% intraday to $171.00, hitting a 52-week high of $202.53
• Q3 2025 net income jumps 137% YoY to $425.7M, driven by 105% YoY trading volume growth
• Client assets hit $1.24T, funded accounts grow 42.6% YoY to 3.13M
• $800M share buyback program announced, signaling management confidence

Futu Holdings is riding a wave of momentum as Q3 results crush expectations, with record revenues, net income, and user growth propelling the stock to a 5.87% intraday surge. The fintech giant’s explosive expansion in Hong Kong, Malaysia, and the U.S., coupled with a $800M buyback, has ignited investor enthusiasm. With client assets surpassing $1 trillion and crypto trading volumes surging 161% QoQ, the stock’s sharp rally reflects a perfect storm of operational outperformance and strategic capital allocation.

Q3 Earnings and Buyback Fuel FUTU’s Record Rally
Futu’s 5.87% intraday surge is directly tied to its Q3 2025 results, which revealed 86.3% YoY revenue growth to $822.9M and 137% YoY net income increase to $425.7M. The company’s 105% YoY trading volume surge to $3.9T, driven by Hong Kong’s 42.9% QoQ jump and crypto’s 161% QoQ growth, underscores its market dominance. The $800M buyback authorization further reinforced investor confidence, signaling management’s belief in undervaluation. These factors, combined with 42.6% YoY funded account growth and 78.9% YoY client asset expansion, created a powerful catalyst for the stock’s sharp move.

Options and ETFs to Capitalize on FUTU’s Momentum
• 200-day MA: 138.10 (well below current price)
• 30D MA: 175.29 (near-term resistance)
• RSI: 28.87 (oversold territory)
• MACD: -3.71 (bearish divergence)
• Bollinger Bands: 155.46–205.59 (current price near upper band)

FUTU’s technicals suggest a continuation of its bullish momentum, with key support at $165.22 (intraday low) and resistance at $175.29 (30D MA). The RSI in oversold territory and Bollinger Band proximity to the upper bound indicate potential for a breakout. Two options stand out for aggressive positioning:

• FUTU20251128C175
- Type: Call
- Strike: $175
- Expiry: 2025-11-28
- IV: 52.66% (moderate)
- Leverage: 64.61% (high)
- Delta: 0.375 (moderate sensitivity)
- Theta: -0.7436 (rapid time decay)
- Gamma: 0.0359 (strong price sensitivity)
- Turnover: 50,812 (high liquidity)
- Payoff at 5% upside ($179.55): $4.55/share
- Why it works: High leverage and gamma make this call ideal for a short-term breakout above $175, with strong liquidity to enter/exit.

• FUTU20251128C170
- Type: Call
- Strike: $170
- Expiry: 2025-11-28
- IV: 54.41% (moderate)
- Leverage: 34.24% (moderate)
- Delta: 0.559 (high sensitivity)
- Theta: -0.9335 (rapid decay)
- Gamma: 0.0362 (strong sensitivity)
- Turnover: 47,666 (high liquidity)
- Payoff at 5% upside ($179.55): $9.55/share
- Why it works: Lower strike price offers higher intrinsic value, ideal for a sustained move above $170 with strong gamma to amplify gains.

Action: Aggressive bulls should target FUTU20251128C175 for a breakout above $175, while FUTU20251128C170 offers a safer, higher-conviction play if the stock consolidates near $170.

Backtest Futu Holdings Stock Performance
Key findings• Sample size: 9 instances of a single-day rise ≥ 6 % in the closing price of FUTU since 2022. • Average performance relative to SPX benchmark turns negative quickly and remains so: by the 6-day mark the strategy lags the benchmark by -10 %+, and by 30 days the average event return is -21 % versus +7 % for the market. • Win-rate falls from 78 % on the first day to 0 % by day 30; the negative drift is statistically significant from day 6 onward. • Interpretation: for FUTU, chasing a 6 % daily pop has historically delivered poor follow-through; mean-reversion (or short-side) tactics may be worth exploring instead.Assumptions & notes1. Intraday data were not available, so “intraday surge” was approximated with a ≥ 6 % gain in closing price versus the previous close—this is a common proxy when only daily bars are accessible. 2. Default 30-day event window used. Feel free to request a different horizon or a true intraday high/low study if tick data are provided. 3. Results are based on only nine events, so statistical power is limited; conclusions should be treated as indicative, not definitive.Interactive resultsPlease open the embedded module to explore the full day-by-day performance curves, win-rate heat-map and downloadable data. Let me know if you’d like to adjust the trigger threshold, holding window, or include stop-loss/take-profit filters for a strategy-style test.

FUTU’s Rally Gains Legs – Watch $175 Breakout for Next Move
Futu’s Q3 results and $800M buyback have created a self-reinforcing bullish narrative, with technicals and options data aligning for a continuation of its rally. The stock’s 5.87% surge reflects confidence in its global expansion and crypto-driven growth. Investors should monitor the $175 level as a critical inflection point: a breakout would validate the 30D MA as support-turned-resistance, while a pullback to $165.22 could test conviction. Meanwhile, Charles Schwab (SCHW), the sector leader, fell 0.4% intraday, highlighting FUTU’s outperformance. Act now: Position in FUTU20251128C175 for a high-leverage breakout trade or FUTU20251128C170 for a safer, higher-conviction call.