bit.fanBit.FanWeb3 News · Betting Reviews · Market Insights
‹ BackNewsOptions Trading

Options Trading

Goldman Sachs
2026-07-16 13:27:00

Goldman Sachs says retail traders now make up about 30% of daily U.S. stock volume

Goldman Sachs data shows retail investors now account for roughly 30% of daily trading volume in U.S. equities, a sign that individual participation remains unusually strong. The bank said retail stock trading in May ran 10% above the peak seen during the January 2021 meme-stock frenzy, and activity climbed again in June to a fresh record. Options trading has picked up as well, with daily volume topping 50 million contracts multiple times this year, double the level from three years ago. Separately, Citadel Securities said July has been one of the strongest months on record for retail buying, with no single day of net selling so far. Goldman estimates assets held by retail investors in brokerage accounts have reached $12 trillion, or about 10% of the U.S. corporate equity market. Including direct and indirect holdings, the scale of U.S. individual investor wealth rises to $111 trillion. Still, debate remains over whether the AI narrative behind the current rally can hold. Ed Zitron warned that OpenAI’s heavy computing spending and infrastructure debt could trigger an "AI Lehman moment," while Oaktree Capital co-chair Howard Marks said AI’s productivity gains may offset near-term financial strain.

1320
Goldman Sachs says retail traders now make up about 30% of daily U.S. stock volume
BitMine
2026-07-16 04:18:08

BitMine posted $46.5 million in quarterly revenue, but option losses and share dilution kept it deep in the red

BitMine’s latest results show how quickly a high-yield Ethereum treasury strategy can turn into a balance-sheet problem. In the fiscal third quarter ended May 31, 2026, the company generated $46.5 million in revenue, with roughly 98% of that total, or $45.7 million, coming from Ethereum staking and node validation. Revenue was up sharply from $2.1 million a year earlier, yet net loss widened to $83.6 million from just $623,000. The main drag was derivatives. BitMine reported $92.1 million in Ethereum-related option losses during the quarter, including $78.6 million in losses on expired contracts and $14 million tied to exercised positions, partly offset by a $534,000 gain on open contracts. Over the first nine months of the fiscal year, derivative losses reached $133.3 million, far exceeding the $56.9 million generated by staking and validation over the same period. At the same time, the company continued to fund its Ethereum accumulation by issuing stock. In the nine months through May 31, BitMine sold 340.7 million BMNR shares and raised $11.87 billion net of offering costs, then spent $11.69 billion on ETH purchases. That pushed outstanding common shares up 149% to 579.7 million by the end of May, and to 603.2 million by July 9. The company held 5.42 million ETH as of May 31 at an aggregate cost of $19.05 billion, while the position’s market value was $10.86 billion at month-end.

1470
BitMine posted $46.5 million in quarterly revenue, but option losses and share dilution kept it deep in the red
Deribit
2026-07-15 07:09:36

Deribit’s share of trading volume falls to 40%, while open interest share stays at 75%

Deribit’s share of crypto options trading volume has dropped to 40%, according to a post on X by Greeks.live macro researcher Adam. He said the platform accounted for about 60% a year ago and roughly 80% three years ago. Even so, Deribit still leads in open interest with a 75% share. Adam attributed the gap between volume share and open interest share to differences in market structure. He said Deribit retains stronger liquidity and clearer depth advantages in mid- and long-dated options, where trading frequency is typically lower. That helps sustain a large share of outstanding positions even as its share of traded volume declines. For short-dated options, Adam said trading becomes simpler as long as pricing is attractive. He described that segment as closer to the futures market and said it relies more heavily on marketing to drive activity.

1310
Deribit’s share of trading volume falls to 40%, while open interest share stays at 75%