@unusual_whales: A broke philosopher created the most powerful tool on Wall Street. It's been banned, brought back, and last week it broke an all-time record. The history of options trading goes back 2,600 years to ancient Greece, when a philosopher named Thales locked up olive presses and made a fortune off the first known call option. Since then, options have been manipulated, banned by Congress in 1936, reinvented at the CBOE in 1973, priced by the Black-Scholes model, and made free by Robinhood. Then GameStop turned options trading into front-page news. And last week, SpaceX broke the all-time record for first-day single-stock options volume. Same deal since 600 BC. Buyers dream big without betting too much. Sellers get paid to give up their upside. Send this to someone who trades options but doesn't know this story. #optionstrading #wallstreet #financialhistory #spacex #stockmarket

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2026-06-22 18:24:34

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