Money
Camillo says seven-figure options position expired worthless in 24 hours
The Iced Coffee Hour
EMERGENCY UPLOAD: Stock Market Investors Are Losing Everything - How To Profit! | Chris Camillo
"That Wednesday, I had a lot of options that expired on Wednesday. All got zeroed out. Okay. How much money was that? Seven figures of options that got zeroed out that day that I had."
Camillo recounts losing a seven-figure sum on short-dated options that expired worthless, describing it as a risk he knowingly took in pursuit of a much larger payoff. He frames the episode as part of running what he calls an “ultra high risk, ultra high reward” account.
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The Iced Coffee Hour