Founders X Trade-Cboe Q3 2024 Options Survey

Founders X Trade, in formal collaboration with Cboe Global Markets, has released findings from its comprehensive 2024 Options Trader Survey, analyzing behavior, strategy evolution, and risk parameters across more than 15,000 active retail market participants.

Key Findings from the 2024 Study

• Surge in Multi-Leg Strategies: Over 64% of respondents reported utilizing defined-risk vertical spreads, iron condors, or covered calls, moving away from single-leg unhedged directional calls.
• Adoption of Cash-Settled Index Options: Trading volumes in SPX and NDX options increased significantly, driven by European-style exercise mechanics and favorable section 1256 tax treatment.
• Risk Discipline as the Primary Growth Metric: Traders who established pre-defined stop-loss rules reported a 42% higher retention of trading capital over a 12-month trailing horizon compared to discretionary traders.