Crazy amount of Deep ITM Calls being sold on countless tickers from PHLX Exchange
does anyone else see these insane deep ITM sells every day from PHLX with tickers (mainly memes) that are trending? I’ve seen this on countless tickers for the last month or so on names that are trending online. It is mind blowing that they can do this on options with no volume either..
Around the same time every day, today specifically look at IRNT’s as mentioned above since this is a ticker with a marketcap that follows wsb’s rules.
Looks like they’re trying to play hedgefund vigilante and do their best to offset retail option calls by dumping deep itm calls to make sure none of their short calls expire ITM. Susquehanna similar to Citadel is shitting on all of us and it’s pretty unfortunate that it seems like there’s not really anything we can do about it.. At some point in time you could believe that they are doing their best to keep the price low for their shorts, but these calls are expiring, and shares arent being returned, probably just being added to failure to delivers, and is just simply unfair. I know life aint fair but comon… the real question here is.. when does it end?
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September 15, 2021 at 03:30PM