Tom Hardin

I still had a moral compass.

I'm like, all right, well, I don't do this.

But later that day, I'm talking to a friend at another firm.

He's at what's called a prop trading firm.

So you eat what you kill.

If you're down that month, you're not getting paid.

If you're up, you get your percent.

He's down that month.

We're talking.

And we talk once a month, not a close friend.

He's like, dude, are you hearing anything out there?

I could trade.

I'm down.

And I'm like, bro, I'm not trading this.

But just so you know, this woman I know just called me and told me this Moody's analyst told her this company Kronos is going to be acquired in a few weeks.

So just pausing right there, I could actually be charged by the SEC, the market police for tipping this information.

And I haven't traded yet.

And now I have no idea what he's going to do with it.

Within an hour, he tells another guy at his firm who apparently buys 500,000 shares of Kronos and call options.

So call options is like a leverage bet on the stock.