Hacking Your Greeks: A Guide for Retail Options Traders

The market maker vs the path-independent options trader There’s a common school of thought which views options as discrete, static bets. Check out Reddit’s wallstreetbets community for plenty of examples where a degenerate gambler buys 0DTE options and holds them to expiry; if they expire in the money then he celebrates his newfound riches, and if not then he loses everything. I wouldn’t say it’s…