In a May 9, 2022 opinion piece for MarketWatch, Chief Research Analyst Jason Goepfert argues that, despite mainstream support, the rise of options trading has been an "unmitigated disaster" for traders.
He writes that the rise of options trading coincides with stimulus payments made during the COVID-19 pandemic, but that most of this cash disappeared as part of $1.1 billion that retail investors lost to this detrimental trend.
"There is no single solution that can be handed down from regulators to fix all the issues," Goepfert writes, decrying the gamification of options trading. "The biggest reasons for the losses were due to fundamental human errors - greed and ignorance."