Replies to post #109584 on Avid Bioservices Inc (CDMO)

[Protector]

That is his risk, he can try to spread it over multiple MMs and they can cover it with options. It stands against the super profits they can make as with the PPHM Sept 7th-Sept 24th moves.

[investingdog]

<<what happens when the MM gets caught holding the bag?>>

It doesn't happen. They will almost always be fully hedged. They make their money on spread, not by taking the risk.