My point is
If those ODTE traders are losing $358K/day,
then someone else in this world is earning ~$358K/day.
Day Traders Lose $358,000 Per Day Gambling on Zero-Day Options
- Thread starter ETJ
- Start date
My point is
If those ODTE traders are losing $358K/day,
then someone else in this world is earning ~$358K/day.
My point was, it ain't retail earning $358K per day, its the Citadels and Virtus of the world with ultra fast alogos and co located computers.
not necessarily. Is options trading a zero-sum game? If Joe sells a put for Peter to hedge his long-only portfolio and it goes itm, does Peter “make” the X that Joe loses?
These are daily options we are talking about, not much hedging going on here..