Gunjan Banerji
speaker
560 appearances
12 recordings
1 series
first heard Apr 2018
last heard Nov 2024
Gunjan Banerji’s voice in public audio — every appearance, attributed to the second.
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Appearances
And
Recently, even hours.
So the contracts that expire in hours or days, those are some of the shortest dated contracts.
They're also some of the riskiest, and they're the ones that have exploded in popularity over the past year.
Exactly.
So one thing that I found fascinating about this is that individual investors that I've long spoken with, you know, have said to me, I'm not just looking for a 5% or 6% return.
I'm looking for that 100% jackpot, 500% return, maybe even 1,000% return.
And I've been inundated with screenshots, brags about these for months now.
It is so much riskier than buying or selling stocks or even trading options that expire in months from now.
Think about it like, you know, cruising down the highway in a Ferrari rather than a minivan.
Your gains or losses can just accelerate that much faster.
Oh, these are adrenaline-fueled trades.
And certainly while I was trading these for one week in my experiment, I felt the ups and downs of that.
You know, my mood darkened when a trade kind of went against me.
I was constantly inundated with alerts from Robinhood on how my positions were doing, trades on my watch list.
So this was something that was always on my mind.
And when I did notch a win, it kept me wanting to go back for more.
This was my first time doing this.
And this, by the way, is not something that journal reporters are typically allowed to do.
But I had been writing about this phenomenon for months.
Showing 141–160 of 560 · page 8 of 28
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