Bullish U.S. Stock Buyers Are Positioning for a Giant Windfall
- Equity options strategy could deliver a 13-fold return...
- ...If the S&P 500 gains another 11% by the end of this year
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U.S. stock investors are homing in on a strategy that promises a gigantic windfall if stocks can extend their bull run through the second half of the year.
After Maxwell Grinacoff, a derivatives and quantitative strategist at Macro Risk Advisors, observed a $1.6-million wager in the options market last week that pays off if the S&P 500 Index climbs another 8% to 10% by year-end, he recommend an even more bullish position in a recent note.