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A comment on Twilio employees, associates charged with insider trading by SEC. Parent comment

Re:Twilio employees, associates charged with insider trading... by nullc on Tuesday March 29, 2022 @01:46AM (#30839196)
I think an element people miss is that to make more than negligible amounts of money from this stuff, you generally need to invest large amounts or or make the trades many time, or both. ... and this generates a pretty strong signal.

"Hmm. This guy just bet his entire account on a crazy bet and won" or "Hmm. This guy flipped a coin and it came up heads 20 times in a row."

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Re:Twilio employees, associates charged with insider trading... by refurb on Tuesday March 29, 2022 @02:04AM (#30839330)
Exactly.

I have no idea if it would work, but having a few years of making similar trades (some winners/some losers) likely helps stay off the SEC's radar.

A track record of buying and selling similar options in similar amounts is much more explainable than only contributing a few thousand to your Roth IRA by buying ETFs, then suddenly making a few hundred thousand on your first options purchase that so happened to be in a single company that a LinkedIn contact works for.

By the time the SEC is knocking on your door asking questions you're already screwed.

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