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This exchange is expanding its short-term options portfolio as 'zero-day' bets boom - TL;DR CNBC

This exchange is expanding its short-term options portfolio as 'zero-day' bets boom

Publishing timestamp: 2023-11-27 17:34:10


Summary

Nasdaq has launched new short-term options contracts that expire on Wednesdays, allowing traders to take positions on non-stock products like USO. The rise of short-term options trading has created divided opinions on Wall Street, with some warning of increased volatility. The popularity of short-dated options has expanded beyond stocks into other asset classes. Nasdaq's new listings bring new asset classes closer to having options contracts that expire on any day of the week. The Securities and Exchange Commission approved these new products. The increase in trading options that are about to expire has been significant in recent years, potentially due to traders looking to take positions on specific events. Some are concerned about the increased trading causing risk to markets, while others believe it is not a significant issue. Nasdaq does not expect any market disruptions from the introduction of these new Wednesday options.


Sentiment: NEUTRAL

Tickers: SLVSPYGLDUSOQQQUNGTLT

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Source: https://www.cnbc.com/2023/11/27/this-exchange-is-expanding-its-short-term-options-portfolio-as-zero-day-bets-boom.html


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