Options traders are going from defense to offense! They are heavily betting that the rebound in US stocks will continue.
According to the Zhitong Finance APP, for stock options traders, greed has now firmly replaced fear, as they are buying more bullish positions, betting that the US stock market will continue the rebound trend from last month's lows. In the US securities exchange, the trading volume ratio of call options to put options is hovering at the highest level since February 18th, which was the day before the S&P 500 index set its previous all-time high. At the same time, according to data from Susquehanna International Group, the options market also reflects increasing confidence that the S&P 500 index will rise to a new high of 6150 points in September.
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