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Equity derivatives as a proposed route into the tech rally without owning megacaps
Bloomberg reports Bank of America strategists say derivatives could let wary investors capture the rally while avoiding potential bubble fallout.
TLDR
Bloomberg reports that Bank of America strategists say investors wary of owning tech megacaps can use equity derivatives to capture the Nasdaq 100 rally while avoiding fallout from a potential bubble. The megacaps have been driving the index to record highs.
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