"So far this month, single-stock options with a notional value of roughly $6.9 trillion have changed hands, well above the $5.8 trillion in stocks that traded, according to Cboe data through Sept. 22. [...]"By one measure, options activity is on track to surpass activity in the stock market for the first time ever. In 2021, the daily average notional value of traded single-stock options has exceeded $432 billion, compared with $404 billion of stocks, according to calculations by Cboe's Henry Schwartz. This would be the first year on record that the value of options changing hands surpassed that of stocks, according to Cboe data going back to 2008."
"University Endowments Mint Billions in Golden Era of Venture Capital"Large college endowments have notched their biggest investment gains in decades, thanks to portfolios boosted by huge venture-capital returns and soaring stock markets."The University of Minnesota's endowment gained 49.2% for the year ending June 30, while Brown University's endowment notched a return of more than 50%, said people familiar with their returns, which aren't yet public."Meanwhile, Duke University over the weekend said its endowment had gained 55.9%. Washington University in St. Louis last week reported a 65% return, the school's biggest gain ever, swelling the size of its managed endowment pool to $15.3 billion. The University of Virginia's endowment reported a 49% gain. Universities' returns may include portions of endowments, plus other long-term investments."