Wow. I had no idea that (for the first time) the options market is bigger than the entire stock market right now!
According to the article options are now determining the stock’s price (via self fulfilling covering), instead of the other way around. Seems crazy that the underlying asset is not the entity determining the proper price.
So much leverage and trading on margin, it’s hard to see how this can end anything but poorly
According to the article options are now determining the stock’s price (via self fulfilling covering), instead of the other way around. Seems crazy that the underlying asset is not the entity determining the proper price.
So much leverage and trading on margin, it’s hard to see how this can end anything but poorly