Individual investors are snapping up bullish bets tied to Strive, the company co-founded by Vivek Ramaswamy and known for railing against “woke” corporate policies.
A record more than 2.5 million call options contracts tied to Strive changed hands Monday, making it one of the most actively-traded options contracts, according to Cboe Global Markets data. Calls offer the right to buy a stock at a set price.
Strive is a bitcoin-treasury company, meaning it sells shares and debt to buy up bitcoin. The strategy has surged in popularity this year and helped send bitcoin prices to repeated records.
