Hacker News new | ask | show | jobs
by criddell 25 days ago
Options (especially 0DTE options) are a lot like sports betting.
1 comments

And GameStop would probably like a minute (or maybe not) to discuss the tenuous connection between some underlying economic valuations and stock price.

Yes, the stock market is underpinned by real economic activity. But, be real, there's a lot of essentially betting involved too.