Do you know what max pain is, for a week from Friday?
I bought 50 warrents yesterday and another 50 on today's dip, I was surprised it went up after that, usually these shorted stock are supresed in price going into a positive earning day or hype day.
Like that max pain which has failed to do anything for GME for years now? Maybe this time will be different but max pain was a form of datefagging over there on r/Superstonk.
I'm not the guy to ask about anything options related, sorry.
I was surprised it went up after that
It's very possible that it went up due to that WSB post. I mean 2.4k comments means a lot of eyes on that thread, and safe to assume a lot of WSB traders FOMO-ing in.
The problem with the regards on WSB, is they buy too many options and market makers and hedge funds find it cheaper to smash the price rather than paying the options.
“Market liquidity” does not equate to “market prudence”, nor does “cheap” equate to “quality”. I’m just a smoothbrain, but we probably want to get rid of these mechanics at some point. Own it or don’t, but don’t imaginarily own it (“obligation”) when dealing with people who have no honor or truth.
Do you know what max pain is, for a week from Friday?
I bought 50 warrents yesterday and another 50 on today's dip, I was surprised it went up after that, usually these shorted stock are supresed in price going into a positive earning day or hype day.
Like that max pain which has failed to do anything for GME for years now? Maybe this time will be different but max pain was a form of datefagging over there on r/Superstonk.
It's max pain for holders of weekly options....
It shouldn't be much of a problem options are very expensive, last time I cheecked.
Hey PBman what do you think about WSB posting this and it being allowed to stay up? We know that sub is compromised.
They were very down on dewac when it came out. It's gone way up the last two days, by their own rules, they have to leave it up
Other than that, I haven't been to WSB in a long time.
I'm not the guy to ask about anything options related, sorry.
It's very possible that it went up due to that WSB post. I mean 2.4k comments means a lot of eyes on that thread, and safe to assume a lot of WSB traders FOMO-ing in.
The problem with the regards on WSB, is they buy too many options and market makers and hedge funds find it cheaper to smash the price rather than paying the options.
They also day trade to much.
Options and Shorts both, very good point.
“Market liquidity” does not equate to “market prudence”, nor does “cheap” equate to “quality”. I’m just a smoothbrain, but we probably want to get rid of these mechanics at some point. Own it or don’t, but don’t imaginarily own it (“obligation”) when dealing with people who have no honor or truth.