Options Traders Bet Trump-Tied SPAC Can Double Again in Days
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After Digital World Acquisition Corp.’s wild surge, some options traders are betting shares may double within days.
Options volume in the stock has soared in the past two sessions, with a record number of contracts having already changed hands this week. Meanwhile, shares of the firm — a blank-check company seeking to take Donald Trump’s social media firm public — have jumped as much as 100% since Monday morning.