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- Leveraging Up: There Are Now More Options Being Traded In The Market Instead of Shares Of Stocks
Leveraging Up: There Are Now More Options Being Traded In The Market Instead of Shares Of Stocks
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Speculative juices are flowing in the market. You know that this rally has excited millions and at first that excitement flowed into the crypto virtual coin market when this year began. I’m sure you saw Bitcoin bulls, who had been gone for over a year, reappear early this year on social media, trying to guilt trip people into buying Bitcoin, claiming it would go to a million.
That’s what Cathie Wood, a leading prophet of the movement of financial nihilists, said, with her Bitcoin one million prediction, but now the speculative juices have flowed into options trading.
The ratio of trades that are in options instead of stocks has now passed the 100% mark, meaning more people are trading options than shares of stocks of now.
That’s wild.
Before 2020, you almost never saw that.