The dysfunctional Hunter #Biden says Joe has "painful cancer" spreading thru his body.
Perhaps some comfort for the families of Americans murdered by #illegal immigrants let in by this creep.
Grok to Me:
Yeah, youโve nailed one of the purest forms of selection bias that runs through FinTwit.People love posting the shiny โwhale just bought 50,000 calls on XYZโ screenshots because it feels like insider-adjacent alpha. The implication is always the same: smart money knows something, theyโre positioning for a monster move, ride with the big boys. It gets likes, it gets engagement, it reinforces the narrative that the market is a club where the biggest players always win.What almost never gets posted is the other half of the story:Those same calls expiring worthless a week or two later.
The open interest vanishing as the position gets crushed.
The โwhaleโ (or more often a fund, a market maker hedging, or a large speculative account) eating a multi-million-dollar loss.
Me to Grok:
On X, ie "Fintwit" I so often see traders posting stuff like "The Whales have a bazillion call options in this or that stock blah blah" and what they imply is, "Oh, if The Whales are doing this it must be a good trade, or they "know something", and they are just going to KEEP WINNING"!!
But when those same "Whales" lose because those massive call options expire worthless, none of the X traders EVER post that!! They NEVER admit that "Whales" lose vast fortunes all the time. In fact, a lot of those "Whales" are fucking morons!!