Advertisement
Singapore markets closed
  • Straits Times Index

    3,410.81
    -29.07 (-0.85%)
     
  • Nikkei

    40,912.37
    -1.28 (-0.00%)
     
  • Hang Seng

    17,799.61
    -228.67 (-1.27%)
     
  • FTSE 100

    8,203.93
    -37.33 (-0.45%)
     
  • Bitcoin USD

    56,202.26
    -1,936.19 (-3.33%)
     
  • CMC Crypto 200

    1,175.30
    -33.40 (-2.76%)
     
  • S&P 500

    5,562.81
    +25.79 (+0.47%)
     
  • Dow

    39,311.55
    +3.55 (+0.01%)
     
  • Nasdaq

    18,351.10
    +162.80 (+0.90%)
     
  • Gold

    2,393.70
    +24.30 (+1.03%)
     
  • Crude Oil

    83.47
    -0.41 (-0.49%)
     
  • 10-Yr Bond

    4.2840
    -0.0710 (-1.63%)
     
  • FTSE Bursa Malaysia

    1,611.02
    -5.73 (-0.35%)
     
  • Jakarta Composite Index

    7,253.37
    +32.48 (+0.45%)
     
  • PSE Index

    6,492.75
    -14.74 (-0.23%)
     

Traders Are Flocking to Risky Zero-Dated Options. ‘You Can Go Completely Broke.’

Traders Are Flocking to Risky Zero-Dated Options. ‘You Can Go Completely Broke.’

Jin Wang has taken some wild rides as a day trader. Betting on the market’s intraday moves is nothing new, but it has taken off with options expiring by the trading day’s end. Zero-dated options pegged to the have also surged, along with options tied to exchange-traded funds that track the S&P 500 and Nasdaq indexes.