They call it "investing" on the site but options trading is the biggest gamble there is. Not saying an options-specific app isn't needed, but misleading communication around risks.
Hey, thanks for sharing your views! The way how retail options trading being done currently is indeed very close to compulsive gambling, since retail traders don't get proper tools and cannot evaluate their risks.
But when implemented properly options trading can provide 2 key benefits: boosting potential profits and mitigating associated risks. How else would retail traders be able to preserve their investments in case of a market crash?
Hi, thanks for asking, no it doesn't rely on WSB reddit sentiment, twitter, etc. but instead uses the tools applied in the options trading industry but translated into the language comprehensible to someone without a financial background. For example, it would pick up a short squeeze in GME before it actually happened by analyzing gamma exposure from the options data.
meesterdude|4 years ago
Hedgemaster|4 years ago
But when implemented properly options trading can provide 2 key benefits: boosting potential profits and mitigating associated risks. How else would retail traders be able to preserve their investments in case of a market crash?
downrightmike|4 years ago
Hedgemaster|4 years ago