3 ms·
Not going to comment on the substance here, but just smirk slightly at the plaintiff being someone who bought calls at $100 just as the roller-coaster was heade
by evgen 6y ago
Not going to comment on the substance here, but just smirk slightly at the plaintiff being someone who bought calls at $100 just as the roller-coaster was headed up. I am sure there is some appropriate phrase that is the similar to 'never try to catch a falling knife' when it comes to amateurs thinking they can time the collapse of a squeeze bubble.
- axiosgunnar 6y agoRight, the equivalent folklore saying about selling options is "picking up pennies in front of a steam roller". Looks like the plaintiff got steam rolled. Sore loser it seems, but it's hard to judge the merit of a case without seeing the details.
- vt100 6y agoActually, it seems the plaintiff sold calls at $100 and then had to buy them back at a higher price.