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BREAKING: Elon Musk reportedly considers using "prediction markets" to restore his trillionaire status
“I can predict SpaceX stock will go up, then buy it myself so the prediction comes true”
The exact reason prediction markets will win over 0DTE options is that 99% of retail users have no idea what Greeks, delta, gamma, OTM, ITM, or implied volatility mean
AND THEY SHOULDN'T!
Prediction markets compress all of that complexity into one question:
"Will X happen
Trading asset-based prediction markets vs short-term options
In my career I’ve seen the rise of short-dated options from both the market making and exchange sides. Thoughts on trading binary-style financial prediction markets versus vanilla options, focusing on greeks.