![Water [956x960 - 78KB]](https://pic8.co/sh/Xinyt1.jpg){kind=link}
you can't set trailing stops on derivatives to my knowledge. derivatives are complete Vegas style betting for stocks. how can you sell something you don't yet own??? nowhere else can you do this.
I used to run iron condors (put and call spreads at 30days out.. before obummer brought all kinds of volatility to the market) and it worked, but these fat-cats are completely fuxked... and I love it. They went completely one-sided shorts, the little guys ganged up and artificially drove the price up which squeezed the fat-cats into buying, which further forced the price up. this is revealing how fake the stock market is just like the rest of our society.
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
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.
Ha, I mentioned pretty much this in my reply to op.
I am glad the mask is slipping, however, remember that Biden, especially in his mental state now, is far worse than Obama and Obama passed laws like the Dodd-Frank act to protect the machine and fat-cats. The political recoil is going to be painful.
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