Large Call Spread Trade Indicates Bullish Sentiment on Nasdaq-100
A trader executed a $24 million call spread trade in the Invesco QQQ Trust ETF, betting that the Nasdaq-100 index will hit an all-time high by month-end. This is one of the largest trades among options activity and reflects strong bullish conviction despite recent market flatness.
Tickers: $QQQ
Topics: bullish bets call options Nasdaq-100 QQQ ETF