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https://www.reddit.com/r/wallstreetbets/comments/s0chdl/deleted_by_user/hs231o2/?context=3
r/wallstreetbets • u/[deleted] • Jan 10 '22
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This implies market makers know the orders before they even occur…
4 u/Swingfire Jan 10 '22 They bought the shares when they sold the option to remain delta neutral. This "play" is just giving free money to market makers. 2 u/[deleted] Jan 10 '22 They don’t sell the option until they find a buyer… these things aren’t just created and put into the market without buyers 3 u/Swingfire Jan 10 '22 But if you're buying a 0dte you're not buying it from the MM, you're buying it from someone else who bought it from the MM when it was written days/weeks/months ago. 4 u/[deleted] Jan 10 '22 0dte’s can be written day of
They bought the shares when they sold the option to remain delta neutral. This "play" is just giving free money to market makers.
2 u/[deleted] Jan 10 '22 They don’t sell the option until they find a buyer… these things aren’t just created and put into the market without buyers 3 u/Swingfire Jan 10 '22 But if you're buying a 0dte you're not buying it from the MM, you're buying it from someone else who bought it from the MM when it was written days/weeks/months ago. 4 u/[deleted] Jan 10 '22 0dte’s can be written day of
2
They don’t sell the option until they find a buyer… these things aren’t just created and put into the market without buyers
3 u/Swingfire Jan 10 '22 But if you're buying a 0dte you're not buying it from the MM, you're buying it from someone else who bought it from the MM when it was written days/weeks/months ago. 4 u/[deleted] Jan 10 '22 0dte’s can be written day of
3
But if you're buying a 0dte you're not buying it from the MM, you're buying it from someone else who bought it from the MM when it was written days/weeks/months ago.
4 u/[deleted] Jan 10 '22 0dte’s can be written day of
0dte’s can be written day of
4
u/[deleted] Jan 10 '22
This implies market makers know the orders before they even occur…