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Wall Street is driving explosive volatility in stocks by 'YOLO-ing' into options on the brink of expiring

Por: MarketWatch Business October 22, 2022

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Large trading shops have been buying — or, as McElligott puts it “YOLO-ing” — these near-expiry options as part of a broader trading strategy that allows them to profit by anticipating the hedging activity of large options dealers. In a note to clients, McElligott compared the behavior of these professional traders to the denizens of the popular day-trading-focused subreddit “Wall Street Bets.” “YOLO’ing into 0 and 1... + full article



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