Well that's what they are there for, to make a market otherwise why are they called market makers? There is supposed to be an orderly market. That's their job to establish that. They can't just be there to make a killing and then when it's their time to do their job, they take off because oh there is "risk". We deal with risks every day. LOL We don't complain. And you can't short the stock because there are no shares to short anymore and call spreads is not the same.
Selling Call spreads is a limited loss, limited profit play. Who wants a limited profit cap in such craziness. Even long puts is a limited profit play, but it's a much better risk/reward.
Yeah sure. The MAR straddle is about 370$ while the stock trades at 350. Can you please tell me about that juicy risk/reward after your money went up in flames? Because when the IV drops from 500 back to below 100 your put will still lose money even tho the stock is cut in half while the spreader orders hookers and booze. The more posts I read in this thread the more I like the fact that IB closes down shop for GME options. You guys really should not play this game
This seems to be a move to protect IB's capital, which is fine. What is not fine is these other condencending retail brokers not allowing people to trade the stock at all
so you can't even find the tickers for meme stocks on RH, let alone trade them; but apparently WSB are the market manipulators lolz.
Please tell me more about the anticipated crush in IV and my donations to the spreader to order hookers & booz. And I didn't even trade in size, it was change.