The whole complex with pretty cheap options - IBIT, MSTR, COIN completely in the basement. More of a long gamma strat here than a...
May 11, 2025 at 2:35 PMYes as a Market Maker I traded names like Sino Forest that were almost impossible to borrow, which broke down parity. The arbitrage...
May 10, 2025 at 11:10 PMBut we don't know what his entire position was. Maybe he had 5000 shares to keep the trade delta neutral? And he posted a winning leg...
May 10, 2025 at 4:03 PMWell said. Unless a hard to borrow is affecting markets (short squeeze) put/call parity keeps things honest.
May 10, 2025 at 4:02 PMDon't forget about carry costs when looking at extrinsic value. Puts will carry less value because of risk-free rates that drive them...
May 10, 2025 at 3:59 PMIt's not the strategies that are wrong or bad (although some are aimed at retail but really only for pros and market makers, like ratios...
May 10, 2025 at 3:43 PM