Investors looking to bet on another rally for major tech stocks should take a look at some options trades that are curiously cheap, according to Goldman Sachs. The "Magnificent Seven" was the key to the stock market rally last year, but the group has splintered a bit in recent months. For example, investors have had a hard time betting on Tesla , which is down nearly 30% in 2024.
mountain Tesla stock has fallen sharply in 2024. John Marshall of Goldman's derivatives research team said in a note to clients Wednesday that there are options trade that look like cheap ways to bet on Tesla's stock to rise in the coming weeks and months. "We see the potential for more volatility over the next two months than is priced into TSLA options.
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