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[–] [deleted] • 2 pts (edited )

Where are you seeing that these were derivatives? To my knowledge these are flat-out shorts. Derivatives don't contribute to short volume or short interest. There would also be no point in squeezing because they would never have to buy any stock

[–] • 1 pt (edited )

Their positions are leveraged shorts, look into the positions held by Melvin Capital and take a look at the Greeks for GameStop. It's extremely over leveraged and made the veil fall off on this fucked up gambling system we have in place.