3 ms·
This generally requires far out of the money call options for medium term and long term dates. For most of the week, there have been no options available for s
by jaycroft 6y ago
This generally requires far out of the money call options for medium term and long term dates. For most of the week, there have been no options available for sale far out of the money. Last week there were no calls that even could exist that were out of the money. See last Friday's gamma squeeze and resulting short covering on the 25th and 26th. Anyway, at this point, the position is costing many 10's of % per week to carry, not exactly great when the bag has also been doubling in size every day.