Episode 443: It's options mania baby!

This episode examines a blog post and article from The Wall Street Journal (subscription required). The blog post is titled “Why options mania is a contrarian indicator.” The article is titled “In this frothy market, it’s boom times for brokers like Robinhood.” Options trading has exploded in the last five years due to going electronic and the innovation of products such as zero-day-to-expiry contracts. Online brokerages like Robinhood are making enormous amount of revenue off this trading. Is this a good thing for retail investors?