Sudre
Active Member
You realize if they buy back the entire 44K $600 strike Calls and the 21K $650 strike Calls they only end up with 6.3 millions shares to dump? You realize a million of shares are dumped in 5 minutes on these dips? HECK they ran out of Calls to cover at 9am then.Holders of those calls closing the calls out, so the MMs are selling the shares they purchased to hedge for those....How do you know that (second line bolded)?
And no one in their right mind thinks retail has millions of shares just waiting to dump or be scooped up on a stop loss.