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Traders back Tesla and Amazon with rush of options bets
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fnlondon.comStock-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.
In the first week of November, bullish call-options volumes hit the highest level since January, when activity touched a record, Cboe Global Markets data shows. These contracts give traders the right, but not the obligation, to buy shares of companies at specific prices, by a stated date.
Many...
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