Wall Street Brokers Are Coming for the Hot Retail-Options Trade
- Firms tap into day traders’ demand for zero-day derivatives
- Fed survey adds questions about dealers’ 0DTE risk management
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It’s been blamed for fueling stock volatility and dismissed as the latest case of market speculation gone too far.
Yet regardless of the threat — real or imagined — posed by the relentless boom in equity options that have zero days to expire, or 0DTE, a band of Wall Street brokers is unleashing new strategies to grab a piece of the action.