Reported about 16 hours ago
As the S&P 500 hits new highs, traders are increasingly purchasing call options, driven by a fear of missing out (FOMO) on its continued growth. This trend is evident through substantial investments in stocks like Nvidia, Uber, and Tesla. Despite rising speculation over a potential market bubble and mixed economic signals, the demand for equities persists, with retail investors contributing to this momentum. Strategists view this behavior as a response to optimism about economic recovery, albeit with caution regarding potential market risks.
Source: YAHOO