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Re: Mark102 post# 21827

Saturday, 06/27/2020 8:39:42 PM

Saturday, June 27, 2020 8:39:42 PM

Post# of 43522
Works for me. It can be a double-edged sword if you think of it. The MM/algo/criminal naked shorts could theoretically buy up as many short term calls as possible to back up more naked shorting (just to keep this stock range bound).
If by chance they get burnt and the SP explodes upward, they exercise the calls to cover. Old strategy. Either way the call premiums would be red hot. Buy early and often if this turns out to be real.
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