It’s amateur hour: examining retail trading and options data

Cutting-edge data shows non-professionals are driven by news events and a desire to make a quick buck.

Since the launch of Robinhood in 2015 with its “zero, nada, zilch” commission-free trading, professional investors have got used to the fast-growing presence in their markets of amateurs and their gambling, thrill-seeking, Reddit-message-board-fuelled behaviour—and what they can do to prices.

The brokerage’s active users grew to 22.5 million by the end of 2021. And though the sway of retail traders in single-name options markets has faded from its peak during the meme-stock frenzies of early

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Waters Wrap: GenAI and rising tides

As banks, asset managers, and vendors ratchet up generative AI experiments and rollouts, Anthony explains why collaboration between business and tech teams is crucial.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here