FOMO Options Bets Sweep Market During Stock Rally

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Options traders are riding this year's stock-market rally en masse, favoring bets on technology stocks to capture quick gains

Options traders are riding this year’s stock-market rally en masse, favoringMore than 40 million call-option contracts changed hands in a single day in early February—the highest level on

record and nearly topping 2022’s daily average volume for puts and calls combined. That propelled overall activity above 68 million contracts, also a record, according to Cboe Global Markets data.

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