Gambling With an Edge cover image

Blair Hull Episode #4

Gambling With an Edge

00:00

The Effect of Stock Options on the Price of Options

A few years ago, the public became excited about GameStop and also about AMC. And so they were buying these out of the money calls in GameStop and AMC. So I sold a bunch of calls in both of those stocks. It was a little painful for a while, but it ended up to be extreme with profit. In 2015, when this article was published, that it became apparent that people use the options markets as lottery tickets.

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