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> It would look like you got stupidly lucky Precisely why you would be caught.
by pcwalton 6y ago
> It would look like you got stupidly lucky
Precisely why you would be caught.
- aeternum 6y agohttps://ns.reddit.com/r/wallstreetbets/comments/how6us/1m_in_tsla_call_gains/ https://ns.reddit.com/r/wallstreetbets/comments/how6us/1m_in... So you would investigate this poster for insider trading? There are thousands of posts like this each week.
- pcwalton 6y agoSearch Google for "fbi insider trading press release". Every one of those people thought nobody would find out. They were wrong.
- penagwin 6y agoHave you met r/wallstreetbets? While this certainly wouldn't be true for most people, many "day traders" make exactly these kinds of option plays that are in many cases literally just luck. There's many thriving communities around public market information before it's seen by the "mainstream". For these people buying $10,000 out of the money contracts on a random ticker is completely normal and still legal. So tipping somebody like that off would certainly hard to correlate.
- deleted 6y ago[deleted]