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That's unfortunately nothing compared to crypto and stock exchange gambling. More than half of trading in options in major indexes like S&P 500 is now driven b
by TheAlchemist 1y ago
That's unfortunately nothing compared to crypto and stock exchange gambling.
More than half of trading in options in major indexes like S&P 500 is now driven by retail trading 0DTE options - which are options that expire on the same day. There is absolutely no way to predict what will happen on a particular day in the index - so this is 100% pure gambling.
The damage is already big enough, but it will become catastrophic for young people addicted to it, once the bubble pop.