CNBC
US · 3 hrs ago
✦ 75◉ Centre
No tech, no problem. Dow makes record and traders think these stocks can lead now
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After the Dow Jones index hit a record high, traders are increasingly betting on healthcare stocks rather than technology stocks, with unusual call option activity in healthcare ETFs signalling a potential shift in market leadership.
No tech, no problem. Dow makes record and traders think these stocks can lead now
Traders bought about 5,300 calls in the State Street Health Care Select Sector SPDR ETF (XLV) on Thursday, compared to just over 1,000 puts, according to data from ThinkOrSwim.
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