After options trading hours are extended, an industry quietly wakes up laughing

Who is the biggest winner of extended trading hours for US stock options?
Many think it's traders.
Actually, there's another hidden champion.
And that is the coffee industry.
Because more and more people are staying up late to watch the markets.
Market news scrolls 24 hours a day.
Account changes update 24 hours a day.
Investors' moods fluctuate 24 hours a day.
What is most likely to happen in this environment?
Overtrading.
Research shows that most retail investors' losses are not due to wrong direction.
But because of too frequent trading.
Market shows a little volatility.
Buy immediately.
Then a little more volatility.
Sell immediately.
Fees are not earned.
Emotions are already exhausted.
Institutions are completely different.
They have clear models.
Act only when conditions are met.
Wait if conditions are not met.
So many times, retail investors are chasing the market.
Institutions are exploiting the market.
Extending options trading hours is just an upgrade of tools.
The real determinant of the outcome still depends on the user of the tools.
The same knife.
A chef makes delicious food.
A novice might cut themselves.
The investment market is the same.
Don't interpret 24/7 trading as 24/7 operation.
Opportunities always exist.
Cash and patience can sometimes also be positions. #美股期权延长交易时段