Advanced
Shane Glynn@cno
3/18/2023

Some men will literally sell $1M puts for $27k instead of learning how to price options.

In reply to @cno
tim šŸ„@timdaub
3/18/2023

this also confused me. I donā€™t get this financially much, but since his side of the bet is broadly considered the more unlikely, couldnā€˜t he have bid less and the other side would have had to take the bigger position? Not sure tho, because his big confidence of USD going to zero flips the odds in his view, right?

In reply to @cno
dcposch.eth@dcposch
3/18/2023

Some men will throw around numbers like $1,000,000 casually for clout, followers and flex. The Bugatti is usually rented and the wager or giveaway is usually fake news

In reply to @cno
Alex Caswen@alexcaswen
3/18/2023

I have a hard time thinking he's this incompetent so I think maybe there's some other manipulative angle going on here.