(Bloomberg) — A frenzy of bullish bets on the biggest U.S. tech names is captivating Wall Street and powering equities to all-time highs. It’s also sending waves through options markets.Volumes for contracts tied to single stocks have surged by 77% in the past six weeks to fresh records, according to Goldman Sachs Group Inc. The growth has been so staggering that trading in the derivatives by notional value is almost on par with volumes in the underlying shares themselves, the firm calculates.Spurring the growth are bullish wagers on Tesla Inc., as well as mega caps that wield heft in the …read more
Source:: Yahoo Finance
