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Aggressive options trading helped drive the S&P 500’s latest rally. What that means for investors.

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FOMOGRAM Editorial Desk
Aug 5, 2026
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Aggressive options trading helped drive the S&P 500’s latest rally. What that means for investors.
EXECUTIVE SUMMARY

The S&P 500 has enjoyed an epic rally over the past five days — but the advance may be more mechanical and driven by options positioning, rather than by an improvement in investors’ fundamental outlook.

The S&P 500 has enjoyed an epic rally over the past five days — but the advance may be more mechanical and driven by options positioning, rather than by an improvement in investors’ fundamental outlook.

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