Quote:
Originally Posted by Buehler445
I don't know for sure about stocks, but in the futures, options are strictly a function of volatility.
Let's be real here, those WSB jackasses are ****ing PSYCHOS. I'm going to guess the total volume of those jackasses is fairly low. Now, in their meme stocks, there is more volume, but on the whole, volatility is moving option prices, not WSB jackasses.
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Strasser is saying it's not just volatility but how much people are willing to pay, and the WSB guys aren't being price-sensitive at all. So even with volatility factored in, options prices are ridiculous right now.
I have no idea if that's true or not. But I think the guy has been pretty successful in the market and was really good at poker.