Anthony Scilipoti

And you could trade, but you'd have to call in your trade, right, and wait in line for someone.

And then it started online, but it was really slow, and you didn't get good information, and you didn't get great fills.

Now you have interactive brokers.

That platform that you get is unbelievable.

Yeah.

And all the other comparatives that are coming up that's empowering that retail investor.

So this is creating a significant short-term focus.

There are day options, okay, traded all the time.

Someone told me that in Tesla, there's more transactions on options than there are in dollar value on the actual stock exchange.

Interesting.

The option market is, we could do a whole discussion on all the subtleties of the stock market that people don't know.

When an option is sold, someone has to sell it to them.

Well, that's typically the broker, the market maker sells that option.

They try to sell it off to somebody else, but if they can't get the other side, well, then they stuck holding it.

Now, most options expire worthless until they don't.

If something actually happens and the price rises on the stock and you've bought calls, now the broker needs to sell, like needs to act to make that money to pay you for that option.

And typically they're going to start acting on the stock itself to hedge themselves and

They'll buy the stock because if your calls are going up and the stock, cause the stock's going up, well, I want to buy the stock so that I'm hedged as the calls go up.

I'm also hedged with the stock price moving.

Well, that just creates more momentum for the stock price to go higher.