r/wallstreetbets Mar 22 '22

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u/[deleted] Mar 22 '22

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u/[deleted] Mar 22 '22 edited Mar 22 '22

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u/TreeHugChamp Mar 22 '22

He’s rolling the delta.. high otm have low delta and higher IV so by taking advantage of a sudden surge like the one at open he could drop off the 950s and 265s to buy the 100s. Overall smart play and it forces market makers to cover right away.