Zero-day options are fueling the unprecedented volatility on Wall Street amid tariff chaos
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 11, 2025. Brendan Mcdermid | Reuters Wild intraday gyrations in stocks since “liberation day” have put investors more on edge than ever, and the popularity of zero-day-to-expiration options is partly to blame. Zero-day-to-expiration options are contracts that…