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Massive $24 Million Options Trade Signals Bullish Bet on Nasdaq-100
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- A trader placed a $24 million, three-part call spread on the Invesco QQQ Trust ETF, betting on the Nasdaq-100 index reaching an all-time high by the end of July.
- This high-conviction trade, despite recent market volatility, suggests a strong bullish outlook.
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A trader placed a $24 million, three-part call spread on the Invesco QQQ Trust ETF, betting on the Nasdaq-100 index reaching an all-time high by the end of July. This high-conviction trade, despite recent market volatility, suggests a strong bullish outlook.
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This article was originally published by CNBC.
