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0DTEs Have Never Been More Prevalent
Not so long ago, you could scarcely go a day without reading something, somewhere in the financial m
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We put Trump in charge of the biggest casino in the history of mankind.
Quote from the NYT story about his prior casino experience added without comment: “But even as his companies did poorly, Mr. Trump did well. He put up little of his own money, shifted personal debts to the casinos and collected millions of dollars in salary, bonuses and other payments. The burden of his failures fell on investors and others who had bet on his business acumen.”
During the casino bankruptcy he left thousands of employees poorer because he didn’t even give them their last paychecks. He walked back to the apprentice and began firing someone each week for sport.
I read in Bloomberg about plans to shore up margin requirements in 0dte options, for instance evaluating and repricing margin buying power at noon Chicago time. Of course deliberations are heated. The issue that 0dte escape margin issues due to lack of intraday margin repricing. “Trouble happens when really smart people deploy a great deal of leverage.”
https://finance.yahoo.com/news/wall-street-pushes-back-tough-130000835.html