...which means even if you are investing, you are equally if not more likely to be affected by the consequences of gambling gone wrong.
....Ah! I hear you say your invested stock makes money and that is all that matters. Yes, but you might have forgotten too that the gambling exuberance have given rise to multiple expansion enjoyed by even the strongest of stocks.
....the huge paper profits are all taken for granted as if they could not ever be taken away, by simply holding for longer.
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0DTE options now account for 51% of $SPX volume, turning markets into a leveraged casino. This explosion in same-day speculation destabilizes liquidity and magnifies the risk of flash crashes. Volatility will only get more ferocious in the coming years. https://x.com/kurtsaltrichter/status/1875589262558564733
