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The Wall Street Publication > Blog > Markets > Traders Rush to Options Bets on Tesla, Amazon
Markets

Traders Rush to Options Bets on Tesla, Amazon

Editorial Board Published November 12, 2021
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Traders Rush to Options Bets on Tesla, Amazon
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Stock-options activity is hitting a fever pitch, with many traders rushing to bullish bets to profit from a continued advance in everything from technology heavyweights to small companies.

Bullish call-options volumes last week hit the highest level since January, when activity touched a record, Cboe Global Markets data show. These contracts give traders the right, but not the obligation, to buy shares of companies at specific prices, by a stated date.

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