Connecting The Dots: How SoftBank Made Billions Using The Biggest "Gamma Squeeze" In History

Discussion in 'Wall St. News' started by guru, Sep 9, 2020.

  1. guru

    guru

    https://www.zerohedge.com/markets/c...-billions-using-biggest-gamma-squeeze-history

    Not everyone buys into ZeroHedge articles, but a few facts look interesting:
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    In the shares market, 2.3% of all volume is made up of trades for $2,000 or less. The increase in small trades has been even more notable in the options market, where 13% of all trades are for 1 contract.
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    July single stock options volumes hit 114% of shares volumes.
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    this option frenzy was a goldmine for retail brokerages such as Robinhood, Schwab and Etrade, which reported options trading activity surging 129% YTD (up 35% from June levels), which helped explain why various HFT outfits are paying so much to frontrun Robinhood option trades.
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  2. destriero

    destriero

    guru likes this.
  3. guru

    guru

    True. I posted this in context of the a few facts in the last article, regarding options volume and % of trades being single contracts.