Cole Draper called options a donation to market makers he'd never touch; thirteen months later zero-day options were most of his book, and he said so.
A changed position is not inherently deceptive. The surrounding conversations retain the speaker's reasons and qualifications.
Example editorial assessment · Based on statements 1 and 2
Explore both example sources
Read around each selected statement. Unresolved attribution and dates stay explicit.
Fictional demo · The Order Book
Retail's worst habits
Video not included
The highlighted passage appears in the example Receipt. The surrounding fictional dialogue stays in its original order.
Sana Iqbal00:24:39–00:24:48
Your chat asks about options every single day.
Cole Draper00:24:50–00:24:58
And every single day I say the same thing.
Cole Draper00:25:00–00:25:19 · Selected passage
Options are how retail donates to market makers. I will never touch them and neither should you.
Sana Iqbal00:25:21–00:25:29
Never is a long time in this business.
Cole Draper00:25:31–00:25:39
So is broke.
Source details and provenance
Recorded in the fictional scenario
May 12, 2025
Published in the fictional scenario
May 14, 2025
Selected passages and the surrounding conversation are indexed in their original order. Unindexed intervals are not represented as a complete transcript.
People, shows, companies and statements in this demo are invented. No original recording or external source link is included.
The highlighted passage appears in the example Receipt. The surrounding fictional dialogue stays in its original order.
Sana Iqbal00:26:37–00:26:48
You posted your book last night and the chat lost its mind.
Cole Draper00:26:50–00:26:58
Good. Transparency should sting a little.
Cole Draper00:27:00–00:27:28 · Selected passage
Zero-day options are eighty percent of my book now. The game changed, so I changed. Staying wrong out of pride is the only real sin in trading.
Sana Iqbal00:27:30–00:27:39
The Cole of last May is yelling at this Cole.
Cole Draper00:27:41–00:27:56
Last May's Cole was donating to market makers by sitting out. I did the math.
Source details and provenance
Recorded in the fictional scenario
Jun 14, 2026
Published in the fictional scenario
Jun 16, 2026
Selected passages and the surrounding conversation are indexed in their original order. Unindexed intervals are not represented as a complete transcript.
People, shows, companies and statements in this demo are invented. No original recording or external source link is included.