Business & Finance
‘FOMO Insurance’ Drives Options Buying Spree as Stocks Rally On
Key Points
‘FOMO Insurance’ Drives Options Buying Spree as Stocks Rally On As the stock market keeps surging to record highs, a growing worry among investors isn’t that it may come tumbling back down. It’s fear of missing out.
‘FOMO Insurance’ Drives Options Buying Spree as Stocks Rally On
As the stock market keeps surging to record highs, a growing worry among investors isn’t that it may come tumbling back down. It’s fear of missing out.
After companies posted the strongest quarterly earnings growth since the nation emerged from the pandemic in 2021, stock traders have started betting on further gains and long-time bulls like strategist Ed Yardeni have ratcheted up their forecasts for the S&P 500.