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Options Traders Flock to Prediction Markets

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Individual investors who embraced high-risk, high-reward stock bets in recent years are now flocking to prediction markets.

For the cohort that piled into options—which give the right to buy or sell a stock at a set price, in a certain time frame—prediction platforms such as Kalshi and Polymarket offer a vast range of wagers, in a “yes or no” format.

That makes prediction markets easier to navigate than the options market for certain kinds of bets, said Andrew Courtney, a former Susquehanna International Group trader who writes a Substack about prediction markets. Read more:

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