Steve Hou says Sam Bankman-Fried made $500 million on a short S&P 500 trade ahead of the 2015 general election, then lost the same amount the following day. The

BWB News TV • 2026-08-17 23:01 UTC • By Billy Odell Tucker-Robinson

Steve Hou says Sam Bankman-Fried made $500 million on a short S&P 500 trade ahead of the 2015 general election, then lost the same amount the following day. The account underscores the scale and volatility of high-conviction trading bets.

Share this article

𝕏 X / Twitter Facebook LinkedIn WhatsApp

📚 More from Billy’s World

📰 Banking With Billy News All breaking financial news & market analysis 📚 Banking With Billy Books Deep-dive books on every financial story 💬 Join the Community discord.gg/VHxwmR5j4Y 🎥 Banking With Billy on YouTube Live streams & market commentary

Banking With Billy News Network — bankingwithbilly.com
Discord: discord.gg/VHxwmR5j4Y • YouTube: @BankingWithBilly