How SoftBank And Robinhooders Added Fuel To The Stock Market Boom
Sep 14, 2020
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Benn Eifert, CIO at QVR Advisors, shares his expertise on the recent stock market boom driven by both retail and institutional traders. He breaks down how SoftBank's aggressive options strategies influenced the market. Moreover, Eifert highlights the explosive rise of retail trading, particularly through platforms like Robinhood, and its impact on tech stocks. He discusses the gamified nature of trading fostered by social media communities like WallStreetBets and the risks associated with speculative options trading. It's a fascinating analysis of today's trading landscape!
One of the most intriguing subplots to the 2020 stock market boom has been the speculative fervor with which investors have dived into this market. And it's not just that participants have bought a lot of stock, but that they've been using aggressive options strategies to do so. What's more, it's a range of players doing it, from retail traders on Robinhood (and other platforms) to large institutions like SoftBank. On this episode, we speak with Benn Eifert of QVR Advisors, who breaks it all down.