Goldman Brushes Aside Stocks’ Volatile Day as Mere Options Noise
- Bank saw volatility from open interest in expiring options
- Options trading activity has risen in July, with focus on tech
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Don’t read too much into the stock market’s volatility Friday, especially when it comes to the technology giants.
That’s Goldman Sachs Group Inc.’s advice. Why? Because it’s likely just a short-term side effect of a record surge in options trading this month.