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But.... if you're trading options you're not stealing from the shareholders, right? The person on the other side is also trading options, not a shareholder.
by tjrgergw 3y ago
But.... if you're trading options you're not stealing from the shareholders, right? The person on the other side is also trading options, not a shareholder.
- kasey_junk 3y agoYeah. This is a philosophical point that the law contemplates. Your option’s position is a theoretical position against the shareholders. I’m not convinced us insider trading laws are particularly logical or valuable (like most economists I think we shouldn’t have them) but you can usually back out the SEC position by figuring out how a shareholder was harmed.
- tjrgergw 3y ago> like most economists I think we shouldn’t have them Isn't that basically just scamming? I can tell you I have a box full of gold, sell it to you, and then it's not. You think this is ok?