In my final commentary about unusual options activity before Christmas, I thought I’d give all Santa-loving options investors an easy layup.
Judging by yesterday’s UOA for the iShares Russell 2000 ETF (IWM), I don’t think there’s any question that the bullish bet for 2024 is small-cap stocks. However, although IWM is up more than 15% year-to-date, that pales compared to the 24% return for the S&P 500.
