Its not inherently ludic because the point isn’t having fun. The point of gambling is the contest. The point of trading options is making money or hedging risk.

Its not inherently ludic because the point isn’t having fun. The point of gambling is the contest. The point of trading options is making money or hedging risk. The fact that someone can have fun doing work doesn’t make work inherently fun. Having fun is inherently fun. Speculation is work, gambling is fun, according to the nature of the activity, regardless of the existence of professional gamblers and recreational option traders.