throwback Thursday is a good time to remember when everyone was talking about a delta hedging rally for some reason and then literally nothing happened $MSOS
OPTIONS IMPACT VISUALIZED
Let’s put some numbers to the concept. Here is the rebalance impact at various MSOS levels based on current Jan 16 open interest. The assumption here is that options are “delta hedged” and that those deltas will be zero or one at expiry depending on the then MSOS level.
In simpler terms, market makers will be required to buy a significant number of shares should MSOS rally. Conversely, a MSOS sell-off will be met with market maker share liquidations as we witnessed on Dec 18th. (not the only force we saw impacting the 18th)
The gun is loaded!
Not only did Nithya Raman make up a ton of ground on Spencer Pratt today, she beat Karen Bass, 39-34%. She beat Pratt by over 20 points. That is, uh, not good.
Pretty hard to see how he advances now, so LA will be choosing between two far-left failures. Good stuff.
@V_arrell is having trouble understanding so here goes:
If someone has 99,000 shares of $CURLF on 6/5 they have 33,000.
“But price increases.”
& on 6/5 you are still on the OTC pressured to the downside.
That new price erodes & you now have less shares & a lower price.
$MSOS