4 ms·
Just doing that would be suspicious. Establishing a record of doing similar things for months to a year before the hack and THEN doing it, and continuing to do
by Enginerrrd 6y ago
Just doing that would be suspicious. Establishing a record of doing similar things for months to a year before the hack and THEN doing it, and continuing to do so for other stocks for a while after... well, then there'd be a LOT more plausible deniability.
- penagwin 6y agor/wallstreetbets calls these (rather unfortunately) "fd" options. Basically you can use not that much money to buy unlikely to be profitable options and make an actual crapload of money - and it would look identical to just being lucky. The thing is 90% of people don't trade options themselves, and 99% of people don't do random fd plays. If you tipped off someone from WSB then they'd likely get away with it - that's what they do. Tip off a family member who has never traded options before, well....