By Saqib Iqbal Ahmed and Laura Matthews
NEW YORK, June 16 (Reuters) - Trading in ******* eX options kicked off with record volume and bullish activity dominating on Tuesday, underscoring strong investor demand for a new way to bet on the future of Elon Musk's aerospace company.
Some 1.8 million ******* eX contracts traded on Tuesday, handily surpassing Meta Platforms' — then known as Facebook — options debut in 2012, which held the previous first-day volume record of about 365,000 contracts, according to Trade Alert data.
"We've never seen anything like it," said Henry Schwartz, vice president of derivatives market intelligence at Cboe Global Markets.
While ******* eX options were expected to be popular, the trading volume was still "impressive," Schwartz said.
NEW YORK, June 16 (Reuters) - Trading in ******* eX options kicked off with record volume and bullish activity dominating on Tuesday, underscoring strong investor demand for a new way to bet on the future of Elon Musk's aerospace company.
Some 1.8 million ******* eX contracts traded on Tuesday, handily surpassing Meta Platforms' — then known as Facebook — options debut in 2012, which held the previous first-day volume record of about 365,000 contracts, according to Trade Alert data.
"We've never seen anything like it," said Henry Schwartz, vice president of derivatives market intelligence at Cboe Global Markets.
While ******* eX options were expected to be popular, the trading volume was still "impressive," Schwartz said.
2 hours ago
