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Traders Swarmed 24-Hour Options As Nasdaq Skyrocketed
Gunjan Banerji - WSJ
Nineteen out of 20 of the most actively-traded options contracts in the U.S. market yesterday were set to expire within a day.
Many of these were tied to an S&P 500 ETF, Tesla or Amazon shares, according to Cboe Global Markets data. The heavy activity shows how activity in the shortest-dated options contracts is exploding, with many traders rushing to ride the market momentum or hedge their positions.
/jlne.ws/3A9TG0S
Lead Stories
Traders Swarmed 24-Hour Options As Nasdaq Skyrocketed
Gunjan Banerji - WSJ
Nineteen out of 20 of the most actively-traded options contracts in the U.S. market yesterday were set to expire within a day.
Many of these were tied to an S&P 500 ETF, Tesla or Amazon shares, according to Cboe Global Markets data. The heavy activity shows how activity in the shortest-dated options contracts is exploding, with many traders rushing to ride the market momentum or hedge their positions.
/jlne.ws/3A9TG0S