Liz Hoffman on the Pandemic Stories Impacting Markets
Masters in Business
00:00
The Rise and Fall of Retail
A small company with a huge excess short position in it, which meant it was primed for squeeze. And then these people discovered gamma trades. Hey, we can buy out of the money call options and force these people to cover their shorts. It's interesting too, because you know, retail had just been getting less and less relevant as a market force.
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