it's a little like 2021 not as extreme but a little bit like it do the options manipulate your price decision on the short squeeze Stacks Point number one point number two of course capitulation on the crypto Market requires a lot of institutional investors to take the loss and move on you seeing any Sim any similarities here well of course I mean first of all there's two stories here the first story is the whole Keith Gil roaring Kitty thing it's it's an extraordinary story for retail investors because somebody did something incredibly different than than than it's ever been done before and I mean not too many retail investors turn 50 million into some couple of hundred million God knows how much money he has but it's it's really never been done before so that in itself is an unbelievable story um but the other side to it I think is you you bring up a a a great point you know I mean what does this mean is this a repeat 2021 because if you remember we normalized in 2022 and it was a pretty dark year for the markets and I think you are seeing you know you may be seeing some capitulation upside capitulation you may be seeing kind of some euphoria that I don't know if we can you know can we maintain these levels or will we normalize especially in volatility especially in all the indexes and everything else so yeah I'm going to answer your question and say it's a little like 2021 not as extreme but a little bit like it Tom I'm I'm just curious for folks who are listening right now and they're hearing us discussing you know uh roaring Kitty and the meme stocks and the moves and and they want to play it they want in Tom what guidance would you give is there any kind of just general um guidance advice tips and tricks well you know at Tasty we um you know we're like the third largest derivatives Boutique so we we um specialize in in options when it comes to stocks like those you know most most of our um customers and most of our trades that are in the option Marketplace and most people that trade things like chewy and GameStop and things that have you know let's call these These are pure asymmetrical plays right you're just you know you want to risk one to make 10 or something like that and so a lot of people use the option Marketplace for that and I would just be careful in the sense that the markets in there even though these stocks are very liquid and even though they have a ton of trade the markets aren't great they're a little wide and you have to be careful about you know you have to be careful because some of the upside call skew is ridiculous and if you're not used to upside call skew it just means that calls are priced more expensive than the puts and so it's where the velocity of risk is deemed to be so that's the only thing I would watch out for is just be careful about the upside call skew pay very close attention the tasty trade guy said that a lot of individuals are noobs essentially they're new to the markets so they're trying to catch the falling knife by looking at the options you know how the options pricing the potential future move but remember the institutional investors wants you to see something and they're going to give it right in front of your eyes so they're going to know how you're going to act next right if I show you an arrow pointing this way is the right way you're going to take this way and when you take it this way I know exactly how to take advantage of you it's not like you end up with multiple different paths that you can take and you're unpredictable and the shorts cannot simply take advantage of you or the stock that you're investing isue it's not always your best friend if you don't know how to exploit it what I'm even talking about some people are risking $10,000 to make $1,000 which we know it's not the best risk reward ratio where you can actually risk $1,000 to make $10,000 another Financial advice he also said that on the upside there is a capitulation simply because a lot of individuals were simply day Traders which means that they not they didn't hold the stock since 2021 they don't care about Ro K they don't care about the whole company fundamentals $4.1 billion dollar in in the balance sheet whatsoever so these people were just coming and going coming and going to just have the indicators have the scanner in place the screener in place they can see exactly when and which stocks are moving where are the money shifting from which stock towards which stock and again people are waiting for Bitcoin to hit the button so they can buy the deep but this is what you have to be very careful he said that you know the markets are not efficient the markets are not here to help you or to give you information about it your job is to identify what is happening on your own don't don't even listen people you know here on YouTube as well right no no don't listen people on the media don't listen anyone you just grasp some pieces of information from here and there you filter everything and then you go back to your own personal play and you draft your plan I'm going to do this I'm going to do that if this happens I'm going to do this if this happens I'm going to do that and you always have the game plan for today for the week or for the month you're never surprised you're never shocked you're never panicking you're never emotional you always have the answer [Music] [Music] New York Angelo hero in The Fray fist made of iron crush the Greet away suit shop MK tight Justice in the air Wall Street feelings never see a un prepared in the boardrooms they trembl fear cuffs golden Watchmen Angelo is here numbers a't just fig the lifeon is clear stealing from the people their careers disappear New York Angelo Wall Street B fighting GRE with passion dollars in the rain economy s keeping Justice through folks sh Angel we thank you STS manipulated prophets run wild Angelo steps in stop sches wild Secrets under the table talk and so dece he breaks the ledgers makes the wrong 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