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Thank you for sharing this. Levine is usually pretty accurate about this stuff. I've changed my mind. See my updated response here: https://news.ycombinator.com

by cs702 1y ago

Thank you for sharing this. Levine is usually pretty accurate about this stuff. I've changed my mind. See my updated response here: https://news.ycombinator.com/item?id=44499330 https://news.ycombinator.com/item?id=44499330

bwfan123 1y ago
I am not so sure, since the article does not explain the biggest source of profits which is the put-options that were "bought" by jane street ! It only talks about options that were "sold".
- cs702 1y ago
  Maybe. I'm no longer so sure.