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Market Mondays

Market Report: OPTION TRADERS WHO BET AGAINST RUSSIA CAN'T CASH OUT ON $370 MILLION

Market Mondays

EYL Network

Business, Entrepreneurship, Investing

5.04.1K Ratings

🗓️ 25 March 2022

⏱️ 12 minutes

🧾️ Download transcript

Summary

In this Market Report we spoke about option traders that were not able to cash out on over $300 million of contracts. #options #russia #marketmondays


Link to episode: https://youtu.be/XVefBAMJdQM


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Transcript

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0:00.0

option trader who bet against Russia can't cash out on an estimated $370 million earnings

0:08.2

made according to Bloomberg. What a three top lessons from this. Let's even like let's break this down

0:14.0

a little bit if we can. It's more than one. There's a bunch of people. There's a combination of people.

0:19.9

So it's interesting. We talked about opting trading. When you buy or sell an option,

0:24.1

when you buy somebody must sell it and when you sell it, somebody must want to buy it. And so

0:28.4

we got to start with the premise of that so people can really understand it. And so there are

0:32.1

a group of people who are watching the economy and watching the Google and Russia. And they said,

0:38.1

right, if they're going to go to war, obviously anything that's using that currency is going to fall.

0:43.6

And so they made puts on it. And those put obviously the great call. It was a great call. The

0:51.3

Rubell fell, the market closed. And these people have puts that actually have gained money. Let me just

0:57.4

say something real quick. Force information chat. You don't have to be vaccinated to a 10-day event.

1:02.7

Not an ace count. Well, so it's a live it's a live nation event. So they have their own regulations.

1:08.8

You either have a have the vaccination card or a negative COVID test. So if you get a night,

1:13.5

if you have a negative COVID test, then you can show the negative COVID test. So once again,

1:18.4

that's the venue's protocol. But if you're not vaccinated, you can attend the event,

1:24.6

but you just have to have a negative COVID test. 48 hours.

1:27.6

I look at Rihanna told you that she was going to leave ASAP rocking figure, but she needed a negative

1:32.6

Photoshop something. Make your way there. If I'm going to give this bundle, make your way there.

1:38.5

Would I encourage you, Nat?

1:39.5

Yeah, but I was so so the market fell, but the interesting part is that the market actually closed.

1:48.4

All right. So it's suspended, but it closed. Therefore, anything that had ties to it. So a lot of

1:53.2

people put puts on the Rubell and they had ETFs rushing ETF. What kind of card are you like?

...

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