Interactive Brokers chairman on handling record volume and volatility
Here is the short version of the interview on YouTube.
At 2:30 time, tl;dr
Q: How do you feel about Robinhood and the rise of the retail traders?
A: Starting last week, IB clients are on the selling side of OTM options while carrying long position in stocks in ratio of 4 to 1 or 5 to 1 against the stock, and usually about Tesla, Amazon or Apple. Meanwhile RBH clients are long these OTM options. Hence, as of yesterday, our customers are net short the market for the first time in the company's history.