殺到する in 選択s 貿易（する）ing helps 運動 伸び（る）s on 塀で囲む Street
LOS ANGELES (AP) - 在庫／株 選択s 貿易（する）ing is up はっきりと this year, 燃料d by 投資家 楽観主義 for more 伸び（る）s on 塀で囲む Street.
選択s are 契約s that give 投資家s the 権利, though not the 義務, to buy or sell a 在庫／株 at a 未来 date and at a 始める，決める price. Often, though, 投資家s look to make money 貿易（する）ing the 契約s, rather than by 持つ／拘留するing の上に them.
Through the first eight months of this year, 選択s 貿易（する）ing 容積／容量 is up nearly 46% from a year ago, によれば data from 選択s （疑いを）晴らすing Corp., which 跡をつけるs 選択s activity across 16 交流s. Just last month, 貿易（する）s jumped 30.4% to around 611.8 million 契約s. That made August the third-highest month on 記録，記録的な／記録する ーに関して／ーの点でs of 選択s 貿易（する）ing 容積／容量, OCC said.
無-（売買）手数料，委託（する）／委員会／権限 貿易（する）ing 壇・綱領・公約s like Robinhood and E-貿易（する） have helped make the 選択s market more accessible to 投資家s, even those with little or no experience. And 増加するd market volatility, which 好意s short-称する，呼ぶ／期間／用語 投資するing, has made 選択s 貿易（する）ing 潜在的に more lucrative.
不確定 over the economy´s 回復 from the pandemic, when a proven ワクチン for COVID-19 will be 利用できる and how the 選挙s will turn out, could make for more volatility on 塀で囲む Street in the months ahead. At the same time, low 利益／興味 率s and billions in 社債-buying by the 連邦の Reserve have helped 支え（る） up the market through the pandemic, and the central bank has signaled it ーするつもりであるs to continue doing so. That´s given many 投資家s 信用／信任 to 二塁打 負かす／撃墜する on a rising market.
"It 現実に makes sense to engage in that type of 投資するing if you have high volatility," said Pauline Bell, an 分析家 with CFRA 研究. "That´s what we´ve seen throughout 2020. The 戦略 isn´t going anywhere any time soon."
FILE- In this Jan. 3, 2019, とじ込み／提出する photo the Apple logo is 陳列する，発揮するd at the Apple 蓄える／店 in the Brooklyn borough of New York. 投資家s betting that the 株式市場 will continue to notch 伸び（る）s are ますます doing so by 貿易（する）ing 選択s. The 容積／容量 of 選択 契約s to buy or sell Microsoft and Tesla 株 is up more than twofold from 2019, while Apple 選択 契約 容積／容量 is up more than 86%. (AP Photo/Mary Altaffer, とじ込み／提出する)
What makes 選択s 貿易（する）ing 特に attractive is that the 投資家 支払う／賃金s いっそう少なく money to buy an 選択s 契約 -- to essentially make their bet on whether a 在庫／株 will go up or 負かす／撃墜する -- than they would buying 株 in a company at 十分な price.
In 新規加入, if the market is moving in a direction that 好意s their bet, an 投資家 can 選ぶ to sell their 選択 契約 and make money on that, rather than waiting to 演習 it. 契約s 設立するing the 権利 to buy a 在庫／株 are known as "call" 選択s, while those 安全な・保証するing the 権利 to sell it are known as "put" 選択s.
"This is a way for them to play the market on the cheap," Bell said. "It´s a small 入ること／参加（者） price to 基本的に 賭事 on the market."
Where 仲買人s can get into trouble is if their bet goes the wrong way, 特に if they borrowed money to 購入（する） their 選択 契約s.
科学（工学）技術 部門 在庫／株s have led the market higher this year on 期待s they can continue to 配達する strong 利益（をあげる） growth, 関わりなく the economy, so it´s no surprise that they have been favorites の中で 選択 仲買人s. The 容積／容量 of 選択 契約s to buy or sell Microsoft and Tesla 株 is up more than twofold from a year ago, while Apple 選択 契約 容積／容量 is up more than 86%.
A 最近の flurry of activity in 選択s 契約s on big tech 在庫／株s may have 燃料d more 伸び（る）s for the 部門.
For example, published 報告（する）／憶測s last week 明らかにする／漏らすd that Japanese 複合的な／複合企業体 SoftBank Group bought 選択s on billions in 科学（工学）技術 在庫／株s, betting that the 株 price for these companies would continue to rise.
Large 貿易（する）s by a big 投資家 like SoftBank can have an 衝撃 on the market, creating a buying frenzy for a 在庫／株. Still, small, individual 投資家s are also playing a big 役割, 分析家s say.
Several of the biggest online 投資 仲買業s have seen a 記録，記録的な／記録する 殺到する this year in accounts opened by individual 投資家s, いつかs referred to as 小売 投資家s in the 産業, and a 記録，記録的な／記録する 容積／容量 of 貿易（する）s.
"These small 仲買人s have become the biggest part of the 選択s market," Jason Goepfert, 創立者 of Sundial 資本／首都 研究, wrote in a 公式文書，認める published Wednesday.
Data on 選択s 貿易（する）ing this year also 明らかにする／漏らすs that 投資家s have been buying up far more call 選択 契約s - bets that 在庫／株s will rise - t han puts - bets that 在庫／株s will 落ちる. Last month, 63% of the 選択s 契約s 貿易（する）d were calls, によれば OCC data.
"You´re seeing a lot of call 選択s activity and not as much puts," said Willie Delwiche, 投資 strategist at Baird. "The put-call 割合 has been very, very low and that´s a 調印する of 楽観主義 and complacency."
FILE - In this Feb. 2, 2020, とじ込み／提出する photo, the company logo appears on an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. 投資家s betting that the 株式市場 will continue to notch 伸び（る）s are ますます doing so by 貿易（する）ing 選択s. The 容積／容量 of 選択 契約s to buy or sell Microsoft and Tesla 株 is up more than twofold from 2019, while Apple 選択 契約 容積／容量 is up more than 86%.?(AP Photo/David Zalubowski, とじ込み／提出する)
FILE - This July 3, 2014 とじ込み／提出する photo shows Microsoft Corp. signage outside the Microsoft 訪問者 中心 in Redmond, Wash. The 容積／容量 of 選択 契約s to buy or sell Microsoft and Tesla 株 is up more than twofold from 2019, while Apple 選択 契約 容積／容量 is up more than 86%. (AP Photo/Ted S. 過密な住居, とじ込み／提出する)
