Is Options Trading to blame for Alex Kearns's suicide?

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  • Опубликовано: 18 сен 2024
  • Alex Kearns, a 20 year-old amateur options trader, committed suicide after seeing a unexpected loss of over $730 000 overnight. The news articles raised the possibility of the Robinhood brokerage, and options trading, were to blame for his trauma.
    But a loss of that magnitude is peculiar given that Alex Kearns has an account size of only $16 000. Should options trading really bear part of the blame for his suicide? How could such huge losses result from a small account like his?
    And more importantly, if it could happen to him, could it happen to any other beginner options trader? Should all beginner traders stay far away from options lest they experience the same catastrophic losses?
    In this video, I dive into the fundamentals of options trading, and investigate what role options played in causing the scale of loss that Alex Kearns experienced, and whether what beginner options traders need to know about their exposure to losses.
    BGM from:
    Airport Lounge - Disco Ultralounge by Kevin MacLeod is licensed under a Creative Commons Attribution license (creativecommon...)
    Source: incompetech.com....
    Artist: incompetech.com/

Комментарии • 2

  • @barabimbaraboom7830
    @barabimbaraboom7830 4 года назад

    Very unfortunate indeed, still options are a great tool.