Options traders bet on new highs for Meta, Intel, Micron; Nasdaq 100 has over 67% chance of new high by week's end
According to options pricing, Meta Platforms has a 52% chance of touching its last year's closing high of $790 by Oct. 2. Intel has roughly a 50% chance of surpassing its closing high of $140 by Oct. 30. Micron's options pricing points to a new high by Oct. 23, and Sandisk by Dec. 18. This comes as S&P 500 futures trade at all-time highs, despite low market breadth.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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