In the 1940s the average holding period for stocks was as high as 10 years. This is unheard of today. Now the average is down below one year and many active traders (day traders, swing traders) are looking at being in open positions for a matter of days, not even weeks or months.
With this new "normal" (created in part by access through the Internet, low trading costs, and markets characterized by high volatility), do options play a role?
In fact, they can. Options are flexible, much cheaper than