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ODTE options are an accident waiting to happen

ODTE options are an accident waiting to happen
Goldman Sachs to wrote about ODTE options, which stands for zero days to expiration. There has been a surge in trading volumes in options and trend has gone from monthlies, to weeklies, to dailies to today. It's symptomatic of market participants that are ceaselessly YOLOing every trade imaginable.Goldman highlights how the notional value of options is reaching stratospheric levels with $45 billion in notional needed to be hedged at the end of the day on Wednesday.“There is not enough liquidity... Read More
Posted: Aug 17 2023, 17:37
Author Name: forexlive
Views: 092024

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