TheTalkingMule
Distributed Energy Enthusiast
Yes. Hedge funds beating out MM's. Certainly they would have liked to push down for a <$1050 close. Those hopes last through matlybe three punches and 90 seconds of market action. Delightful.Logically, MMs hedged their $1,050 Call exposure days ago when the SP passed that level. Today's action is Hedge funds, not MM's.
To think MM's are spending money and printing shares just to hold $1100 today is wonderful.