put options on TACO trades...

Obviously, segments of the traditional securities markets focus on the sort of trading that verges on gambling, but it seems that institutional finance is ready to jump into non-financial prediction markets even faster than cryptocurrencies. The following excerpt from the article is just another example of selling Kalshi predictive wagers as if they are the same as market speculation. I already hear people talking about their sports prediction trades or contracts. Look now you novice Sports speculators can make money just like hedge fund managers!! the secret is out.

“Prediction market exchanges offer yes-or-no wagers on the outcome of events from sports to elections, making them accessible to even novice users. Yet, at their core, the contracts offered by the platforms are similar to classic financial derivatives such as futures.
Adding margin trading to the mix would allow users to open positions without putting up the full amount of capital, a practice frequently deployed by institutional investors. Already, brokers to hedge funds and other investors have started the process of opening up client access to event bets on Kalshi.”