most options expire worthless. Does that usually include the ones that mega whales buy?


https://www.bloomberg.com/news/articles/2022-09-12/options-tape-sprinkled-with-bullish-bets-as-fomo-grips-big-money

according to this, there's some fomo going around.

whales are spending tens of millions of dollars buying calls the last few days.

it is said that most options expire worthless, but do these whales that spend $80million on options have the power to sway the market their way, and end up winning? or do they lose big like the rest of us?


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