Business
Options Traders Whipped Up Stock Boom With SoftBank Buying – Bloomberg
It’s a notion that would’ve drawn skepticism in the past: That options buyers could drive extreme rallies in tech companies — and in turn push benchmark indexes to record highs — by piling into single-stock contracts. Such side bets, according to convention…
It’s a notion that would’ve drawn skepticism in the past: That options buyers could drive extreme rallies in tech companies — and in turn push benchmark indexes to record highs — by piling into single-stock contracts. Such side bets, according to conventional wisdom, wouldn’t have enough financial might to move a $30 trillion market.
But after watching call volume explode in
Apple Inc.,
Amazon.com Inc.,
Facebook Inc. and
Tesla Inc. recently, just as the pace of their stock rallies qui…
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