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There were lay investors that reported betting on a covid related drop and profiting significantly by buying options (eg Wei Dai on LessWrong, will find direct link when I get to desktop).

[Usual caveat about reading too much into plays like this.]

Edit: Here's the thread, and sincere apologies for the flaketastic LW interface now, they don't even have a parent button and it took several seconds for the thread to render after the page loaded:

https://www.lesswrong.com/posts/jAixPHwn5bmSLXiMZ/open-and-w...




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