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Investors are piling into bullish options bets on the shares of Rivian Automotive , with some market participants saying the buying has helped the electric vehicle maker's stock notch a...
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Investors are piling into bullish options bets on the shares of Rivian Automotive, with some market particip...
Investors are piling into bullish options bets on the shares of Rivian Automotive, with some market participants saying the buying has helped the electric vehicle (EV) maker's stock notch a record nine-day winning streak. Rivian shares, which took off last week after the company reported better-than-expected quarterly vehicle deliveries, have risen 83% over the last eight trading sessions. Much of the options trading has consisted of investors buying "super short-dated calls," said Daniel Kirsch, head of options at Piper Sandler, adding that the options activity had helped dr...
Investors expect stocks to move increasingly out of sync as shown by the Cboe 3-Month Implied Correlation Index, which measures the 3-month expected average correlation across the top 50 value-weighted S&P 500 stocks. The Index touched a record low of 17.59 on Wednesday.
Day 37 of the 2023 WSOP saw another 3,000+ players buy into the potentially record-breaking Main Event, while Sam Soverel won his second bracelet.