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Prediction markets such as Polymarket and Kalshi let users win money by correctly guessing the outcome of practically any event.
Vega neutral offers options traders a way to hedge against changes in implied volatility, reducing risk and enhancing trading strategies for a balanced approach.
As prediction markets boom, competition is heating up. So traders go the extra mile for a fraction-of-a-second advantage or to sleuth out information nobody else has. It can lead to a huge payday.
An automated trading bot has managed to churn $116,280.60 in profit in just one day on the crypto-based prediction market Polymarket.