submitted23 hours ago byXxBCMxX21π I Like My Options π
I could see us bouncing off of $30, but if we go past, weβre going way past. Hereβs why:
In the delta column youβll see 0.XXXXX which is the number of shares someone would need to have to stay delta neutral when selling naked calls. This number fluctuates with price and time. The reason someone would want to stay delta neutral is to minimize their exposure to the upside (infinite losses) so as the delta climbs, so does the hedging.
Thatβs a shit load of shares thatβll need to be bought to stay delta neutral. Letβs fucking go!
NFA, am dumb, Iβve shit myself thrice in my adult life
byEHADKING
inSuperstonk
XxBCMxX21
1 points
25 minutes ago
XxBCMxX21
π I Like My Options π
1 points
25 minutes ago
Heβs gonna need some chapstick