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.
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.