Replies to post #5667 on Riot Platforms Inc (RIOT)

[Lokotony]

All of that makes sense due to the production report. They have dropped over 50% in last 5-6 market days, to include most other miners. I would argue that BTC took off last week, therefore the calls were made like crazy and therefore the algos DROP the market price....EVERY day! When I looked it up this morning, calls to puts were 3 to 1. The production report could have given INCREDIBLE numbers and it would NOT have changed a thing. These things I say, I did not know prior to entering the market in 2021. If I would have known, I would have just taken my money to Las Vegas. In this market you can't even bet on a sure thing.....because if it's a sure thing, people will buy calls and the MMs do NOT want to pay!!!!!