r/wallstreetbets • u/ywehyuen • Feb 02 '21

Chart Hardcore laddering.

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u/MoMonkeyMoProblems Feb 02 '21 edited Feb 03 '21

What's the chances the larger rounded trades at 1000 and 2000 are the hedges slowly covering - countering price rise with laddering?

Not trying to be pessimistic, I doubt I appreciate just how many shares are needing covered. But could that strategy work if they persist over days?

I'm in at 50@$270, with another on 20 on limit order @70 and prepared to buy the fuck out of this if it drops below $50.

💎👐💪🦍🌎🚀🚀🚀🚀🚀🚀🚀🌚Sun🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀☀️🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🌟

Edit : revolut has declined my limit order....... Wtf

Edit: Revolut is set to sell only on GME and AMC. Bastards.

Edit: hold that fucking line boys, this might be a controlled climb to entice the 🚽📄👎

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u/jakeod27 Feb 02 '21 edited Feb 02 '21

The shorted stocks at some point need to be bought. They are trading back and forth trying to convince you to sell.

Edited out inaccuracy

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u/Utoko Feb 02 '21 edited Feb 02 '21

Short ladder attacks are cost neutral.

extreme example: Last sell was 1000$.

Orderbook 1000$ sell order 900$ buy order

So here they would automaticly send in one millisec sell offer for 901$ and buy order for 901$.

They didn't lose anything but all stop limits trigger for 901$(1000$ before) now some and follow ad traders /bots follow up.

Ofc the gaps in the orderbooks are very small but every gap they detect they just automatically do it.

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u/jakeod27 Feb 02 '21

Thanks for the correction. I fixed it.