Bored Day Traders Locked at Home Are Now Obsessed With Options
- Funky ETFs are also luring individuals with time and money
- ‘It could lead to unhappy investors down the road,’ pro notes
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Forget buy-and hold. Stuck at home and dreaming of a killing, bored retail traders are branching out into all manner of Wall Street exotica.
Darting in and out of stock options, dabbling in complicated exchange-traded funds, devouring trading how-to books by the dozen -- all have become tools in the self-directed portfolio playbook. Locked down and socially distant with lots of time and (apparently) money to spare, they’re leveraging zero-percent brokerage fees in new and surprising ways.