Execution risk is huge if your doing DITM legs close to expiry. Last time with Hertz (if memory serves me right) these same idiots lost huge sums just paying for the short interest because their calls got exercised.
Anyone else having issues trading the stock today at IB? (i.e. some orders won't transmit and cancel requests are not processed)
I've got a defined risk position on and keep getting goofy buying power numbers. Haven't been assigned. blips and goes back to normal. odd.
So what happens if someone is holding puts or calls on GME and it drops below $20 after hours?? How low could it go after hours and how low could it go before opening of the market at 9:30am?? How can you tell if the buyers have cleared out (done covering)?? Just watching from the sidelines.