E*TRADE Study Reveals Active Options Trading Among Millennials

E*Trade press release ------ E*TRADE Financial Corporation (NASDAQ: ETFC) today announced results from the most recent wave of StreetWise, E*TRADE's quarterly tracking study of experienced investors. Results show options trading patterns vary by age: Two out of five (40 percent) Millennials surveyed trade options at least monthly, compared with 25 percent of Gen Xers, and 14 percent of Boomers. Investors as a whole are most likely to use options as a way to generate income, with 36 percent of the survey population, followed by creating leverage (27 percent), hedging against losses (25 percent), and stock speculation (12 percent). Millennials, however, are the age group most likely to use options to create leverage, with 35 percent of the survey population, while Boomers are more likely than other generations to use options to hedge against losses, at 31 percent of the population. To learn more click on the picture below to read the release.