Trader Bets $40 Million That Meta s 158% Rally Is Just the Start bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) An options trader wagered $40 million that Meta Platforms, Inc.’s 158% rally this year has plenty of room to run.Most Read from BloombergMassive US Oil Caverns Sit Empty and Will Take Years to RefillDollar’s Busted Bull Run Has Bears Calling End of an EraSingapore House Speaker Resigns in New Blow to Ruling PartyRussia Pulls the Plug on Ukraine Grain Export DealRussia Derails Danone, Carlsberg Exits by Seizing AssetsThe spread trade — involving more than 26,000 contracts of call o
(Bloomberg) Devil-may-care day traders have become the dominant force in the market for bullish US stock options, as the professional investing class dials back bets after months spent chasing this year’s tech driven melt-up.Most Read from BloombergSingapore Arrests Minister, Property Tycoon in Graft ProbeHow Much Income You Need to Crack America's Richest 1%DeSantis Says No Thanks to $377 Million in US Energy FundsEx-Celsius CEO Alex Mashinsky Charged With Crypto FraudBiden Administration to
Stocks Bull Market Has $4 2 Trillion Options Event Looming bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
The gravity-defying bull market is handing stock investors a fresh conundrum as an unusually big pile of options expires Friday: Chase gains via bullish derivatives or hedge with bearish bets?