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No one is really getting scammed in the example. Bob buys whatever liquidity is available between 9950-10000. Keep in mind, Bob's goal is to buy at 10k. If he i
by module0000 9y ago
No one is really getting scammed in the example. Bob buys whatever liquidity is available between 9950-10000. Keep in mind, Bob's goal is to buy at 10k. If he is able to get 100-200 of those contracts on the way up to 10k, he's buying at a lower price than he intended, which is a great deal for Bob.