Dave asked if a new noncrypto friendly Democratic administration could unwind adoption or hurt Bitcoin prices. Ryan added that crypto is here to stay, though a change in administration would bring heavy regulation.
Landy explained retail often ends up as exit liquidity and described how Melvin and Citadel navigated the GameStop situation with covering and restarts. Milo noted the contracts looked attractive but warned against going crazy on a declining company, while Ryan mentioned a sympathy Jack in the Box swing.
0:28:05Wendy's short interest, levels and options
Kayla Cardillo and others discussed the Nancy Pelosi stock tracker after she added a one million dollar Uber stake and Intel calls, with Ryan noting strong performance on names like Vistra Energy. Bread and NatNat talked about Uber gathering driving data for self driving vehicles and its stake in Lucid, while Landy described a recent one point two billion IBIT OTC block that led to gradual outflows to limit market impact.
Dave called out creators with Polymarket badges printing fake betting slips on demo sites with zero skin in the game. Bread agreed it is common practice across betting promotions and said platforms likely provide the tools while covering their own backs.
1:00:05Collector-crypt and pack-ripping revenue
Moni reported Cboe launched binary yes no contracts on S and P closes, while Landy said even billions in volume would not touch Cboe daily levels once they add liquidity. Dave described Meta building a points only prediction game to avoid legal fights that Polymarket and Kalshi faced. Dave also shared his test of Profit Market AI where users create markets and AI sets odds.
1:18:04Micron earnings beat
“In the longer term for things like Bitcoin, I think that that's inevitable. But what I would say is in a much more restrictive administration, you're probably gonna see an aggregation and a mass calling of coins. We're gonna see that anyway, but I think it would happen much quicker. A mass calling of coins that do…”
Landy0:05:43Share on X
“So remember, if we're talking about Roaring Kitty, he buys options in 5,000 blocks. Okay? So it's 5,000 contracts per block. That's what he buys. So if you're looking for him to be in there, you always look for 5,000. The second thing that I will remind you, I was actually banned from Wall Street bets for a while. So…”
Milo0:14:33Share on X
“Not a single point of what I just said was I incorrect about, but, yep, Warren Kitty's still a successful white knight of the little guy in the markets. Right? No. It's a bunch of bullshit. It's always been bullshit. You can't out market make a market maker or the market makers that are making those markets. How do ...”
“Can I give a recent example for people? We saw the dark pool transaction on iBit. It was $1,200,000,000. And then even though it's OTC, they still have to process the redemptions if the other party does... Is not going to keep... And and if that's gonna satisfy debt. Like, somebody obviously blew up something ...”
“You know, for for advertisement purposes. Nothing of this sort in terms of what we've seen from some of these folks. That is also to say that the... That websites with demo accounts and demo accounts and paper accounts not being disclosed, very, very popular in sports betting and perps trading from exchanges and KOL…”
Ask your AI about this show: Use ATC in Claude or ChatGPT
Show discussion, not financial advice.
