
when i talk to active prediction market traders, almost none of them are holding positions to resolution they're not betting on the outcome (for the most part), they're trading the probability swings between now and then these traders are behaving like options traders, but they're doing it with the wrong instrument it works but it's capital inefficient, you're exposed to direction you don't want, and you can't isolate the volatility component from the outcome component i think options on prediction markets fix this cleanly as event volatility becomes a pure, tradeable asset separated from the outcome itself maybe we'll see this soon






















