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Saturday, June 23, 2018 1:47:01 AM
They short the rest of the day. Once they cashed in their VWAP premium for the day, usually gone after 30 minutes, they make gains shorting. They use the shares that get converted the day after to deliver to the clearing house what they shorted the day before. That locks in the gains from the shorting. Also it drops the VWAP lower as well for the following day. Then it's rinse and repeat.
Knowledge + risk taking = prosperity
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