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Spot on. The hedge funds were just that, hedged. Likely with deeply OOTM calls. Even if the redditors had been organic, the sentiment was immediately picked up,
by uberdru 6y ago
Spot on. The hedge funds were just that, hedged. Likely with deeply OOTM calls. Even if the redditors had been organic, the sentiment was immediately picked up, amplified, and arbitraged.
- GizmoSwan 6y agoExactly. Hedge funds, hedge.