FOMO Options Bets Sweep Market During Stock Rally

  • 📰 WSJ
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States United States Latest News, United States United States Headlines