@biofeed The risk of the short leg zeroing out the entire trade if unequivocally neg adcomm vs.
the reward of getting a small discount on the trade
I donβt like it. Very specific bet on mixed adcomm -> CRL. Surely better ways to play it.
@BlakeTalin@vulturetrades came literally one minute before he tweeted. this clown's only trading strategy is to fill random illiquid options, then lie about his entry to his followers to dump for penny profits as they pile into it. its very easy to detect every time.
@john_hersc79276@biofeed@NoseRubInvest@drsprs@CloisterRes based on current pricing in the chain and expected downside on CRL... premiums (IMO) are very, very reasonable. whether one wants to hedge or take outright bearish positioning.
@biofeed@AaronRosenblum5 not sure about intentional. similar thing happened before last CRL. puts were way too cheap until closer to the event where demand ramped up. i suspect the same thing will play out here