IMO, short term investing including stock options does nothing but move money from one group to another by creating artificial Flux. The stock market for the most part is a closed cycle in which a large group of investors, mostly the loosing ones, think that the stock market creates value and the ones who make the money from these ignorant "investors" are completely aware of and dependent on the loosing parties stupidity.

We should open gambling shops for those who want to day trade or deal in Stock options because that is all that they are doing.

The only stock market that promotes long term growth and profitability of businesses is one that awards long term investment.