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You said the option/strike in question was not a dumb lotto bet and you submitted the volume of trading as your supporting evidence. But the state lottery is l
by gretch 7y ago
You said the option/strike in question was not a dumb lotto bet and you submitted the volume of trading as your supporting evidence.
But the state lottery is literally a dumb lotto bet with super high volume.
So I don’t see how this wasn’t some set of lucky gamblers. If ER went another way, there’d be some other group making lots of money. Everyone speculating about the future (which is fine depending on the financial circumstances of involved individuals)