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This Bull Market Is Just Getting Started, Traders Bet

Everyone wants a piece of the new bull market.Traders are piling into bullish options bets that would profit if the recent stock rally continues. There has been a flurry of trading tied to continued advances in everything from artificial-intelligence stocks to smaller, economically sensitive companies and regional banks.The activity suggests the dour outlook with which many investors began the year has softened as the S&P 500 has rallied 13%. The tech-heavy Nasdaq Composite has soared 29% in 2023, on track for its best start to a year since 1983.Bullish bets on artificial intelligence have boomed. More than 1.3 million call contracts on chip makers Nvidia, Intel and Advanced Micro Devices changed hands on an average day in June, on track for the highest monthly total on record. Those volumes surpass the exuberance seen in November 2021, when the Nasdaq Composite reached its peak. Trading activity has more than doubled since the start of the year, Cboe Global Markets data show.So far, t
This Bull Market Is Just Getting Started, Traders Bet

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