SPDR S&P 500 (SPY): Options writers have to buy stock they a...

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Vandalayind

Re: DrHarleyboy post# 330604

Friday, 10/30/2020 8:03:40 AM

Friday, October 30, 2020 8:03:40 AM

Options writers have to buy stock they are selling options in.

Call sellers...under water bigly on the big boys this morning.

It will be interesting to see if they try to push it to break even...or just dump it.

We know the calls are toast.

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