YOLO Stock-Market Options Are All the Rage This Thanksgiving

  • Retail call options volume will be ‘massive:’ Goldman’s Rubner
  • ‘Weaponized gamma’ seen fueling equity gains into yearend

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Bitcoin is off the table, stock markets are gutted and bond bulls are out to pasture. In these desperate times, could folks be left with nothing more exciting to talk about this Thanksgiving than the humble equity option?

Yes, says Scott Rubner, a managing director at Goldman Sachs Group Inc. In a recent note, the expert on money flows said retail investors are wading ever deeper into the short-term derivatives trade, reprising their behavior around this time last year.