Lots More on How TikTok Options Traders Got Quiet

Odd Lots

Bloomberg

News, Investing, Business, News Commentary, Business News

4.4 • 1.6K Ratings

🗓️ 26 April 2025

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

Over the last few years, retail traders have gotten into options in a major way. Selling puts, buying calls, trading volatility — what used to be the domain of niche experts engaged in practical hedging has exploded into the public sphere. And there was a lot of easy money during a time when every dip was bought, and stocks mostly just went up. But what have we seen in recent weeks, with the extraordinary trading since April 2? On this episode we bring back one of our favorite guests, Benn Eifert of QVR Advisors. He describes what's been going on in the markets, and why a lot of social media "volfluencers" have suddenly gotten very quiet.

Mentioned on this episode:
Matt Levine on MicroStrategy’s Infinite Money Machine

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Transcript

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0:00.0	KPMG makes the difference by creating value, like developing strategic insights that help drive M&A success, or embedding AI solutions into your business to sustain competitive advantage.
0:13.4	KPMG, make the difference. Learn more at www.kpmg.us slash insights.
0:22.2	Is this a negotiation or the new rules at a game?
0:24.8	It could be either.
0:25.8	It is up to the president how he wants to negotiate.
0:28.7	A deal is going to be made with China.
0:30.4	Nothing's over yet.
0:31.4	There's been a lot of confusion up to now.
0:33.2	A 90-day pause is not an eradication.
0:35.8	Where is this leading to?
0:37.0	Trust Bloomberg Television for all the context and clarity you need as the tariff and global economy story evolves.
0:43.5	This year's bear case, very quickly, becoming the base case.
0:46.7	Nobody covers tariffs like Bloomberg Television.
0:50.0	Context changes everything.
0:54.8	Bloomberg Audio Studios.
0:57.2	Podcasts Radio News.
0:59.8	Tracy, we have Ben in a leather jacket.
1:02.3	Yeah.
1:03.0	Well, it's not just a leather jacket.
1:04.7	It's a black leather blazer with sort of braided edges.
1:09.3	It's got a little bit of a... wait, is this an insult or a compliment?
1:12.7	I don't know, a little bit of a, a little bit of a Renfair feel to.
	...

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