the collapse is never gonna happen, because the same peeps buying the calls will immediately double-down and start buying the puts.
We had the longest bull in history & the most hated, with very low public participation. Post Covid19 the public has piled in like never before, making 1999 look like a dressed rehearsal. You can't have a proper bear market until the public piles in, it may go much higher for years to come - who knows? Governments around the globe are in trouble, $ that was flowing into the massive bond market has been flowing into the stock market. The corrections we had this year have been record setting in the speed of the corrections -(10%). A traders paradise for both shorts & longs.
I think he was being sarcastic, at least that's how I took it. Truly would be epic if all Robinhooders shorted with the same enthusiasm they BTFD.
Anyone trading TSLA vol today??? Stock down 20,"garbage "calls. doubled in price... Get them while you can