Philip Morris International lit up the trading floor with an unusually high volume of call options—over 19,000, to be exact.

The stock market saw significant gains on Tuesday, offering battered investors glimmers of hope. Instead of retreating to safety, some rookie traders are making even bigger, riskier bets.

Already, delinquencies are rising and are now in line with levels from before the pandemic. Boeing has missed earnings estimates in 19 of the past 44 quarters, according to Bloomberg.