Record-High US Stocks Fuel FOMO! Citadel: S&P 500 Call Demand Highest Since 2016

US stocks continue to hit record highs, and investors' biggest anxiety is shifting from "fear of a crash" to "fear of missing out." As FOMO sentiment heats up, demand for call options on S&P 500 stocks approaches a decade high, while the VIX has fallen to a yearly low. Market frenzy coexists with low-cost hedging, and risks and opportunities are quietly being reassessed.