M
Meta
· 1 article
Minor
Options crowd bets on a record for Meta as market breadth thins
Options traders are piling into bets that Meta Platforms (META) sets a fresh record before year end. Weekly options volume ran more than four times its usual pace, with call buyers pricing better than even odds the stock touches new highs. That conviction sits on shaky ground. Fewer than half of S&P 500 stocks are holding up, so a handful of AI names carries the market.
Sources
S&P 500 Nears Record High as Options Traders Bet Big on Meta, Intel, Micron Despite Thin Breadth
The whole story · updated
CN
CNBC
·
No new stock highs, no problem: Options traders bet they're coming in these names
CN
CNBC
·
Santoli: The S&P 500 is within striking distance of record as bull relies on familiar leadership