Do traders who place big bets make big money?

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  NPR.

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  This is the Indicator from Planet Money.

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  I'm Waylon Wong, and today it is the return of Ricky Mulvey.

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  Ricky is the co-host of the Finance and Investing podcast.

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  This time is different.

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  Hi, Ricky.

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  Hey, Waylon.

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  Good to see you.

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  Good to see you too and you are here because you have been doing some whale watching.

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  options.

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  They're not necessarily buying a stock itself.

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  They're buying the right to buy an asset like a stock at a certain price with a set expiration date.

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  It's essentially a bet on what the price will be within that timeframe.

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  And sometimes those bets are worth tens of millions of dollars.

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  A recent example, one whale placed a 74 million dollar bet on one company's stock price.

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  I wanted to know, did this trader know something?

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  Were they making easy money?

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  If these questions grew into something larger, I became obsessed with Options Whales.

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  I decided that I must find one, any whale for this story, to understand what they're doing.

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  I would find an Options Whale no matter the physical or mental cost,

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