Finding 5642Emerging EvidenceValidation V0
Market makers in S&P 500 index options earned nearly $8 billion annually from 2011 to 2022vastly exceeding prior estimatesthanks to trading puts, wide bid-ask spreads, and rarely losing except during crises.
78%Confidence
1Evidence objects
v1Version
DraftStatus
Evidence trail
Supporting78% linkage confidence
Market makers in S&P 500 index options earned nearly $8 billion annually from 2011 to 2022vastly exceeding prior estimatesthanks to trading puts, wide bid-ask spreads, and rarely losing except during crises.
key_findings bullet 1 · key_findings
Inspect source: Market Structure, Trading Frictions, and the Profitability of Market Making in Index Options →This Finding was extracted from the configured corpus. It is versioned, traceable, and may evolve through editorial review or new corpus evidence.