2 ms·
I’ve been keeping half an eye on the GME/AMC/etc debacle. It’s plainly obvious that the market makers are playing all sorts of sketchy and illegal games.
by moistly 5y ago
I’ve been keeping half an eye on the GME/AMC/etc debacle. It’s plainly obvious that the market makers are playing all sorts of sketchy and illegal games.
- Hedgemaster 5y agoI have been trading options professionally and am aware how market makers operate. Would appreciate if you could share with me the concerns you have. Just in case, GME & AMC experienced a short squeeze in the beginning of the year and some short-selling hedge funds indeed lost a fortune because of that. But market makers themselves do not get any exposure (they stay delta-neutral in our language). Yet, I would appreciate to know if I'm missing smth
- moistly 5y ago> Would appreciate if you could share with me the concerns you have. That is a big ask. I’d have to dedicate a lot more time to reviewing and collating the six months of shit I’ve seen posted in r/<whatevers>. Citadel engaged in scammy dark market manipulation, penalties for misbehaviour that are a fraction of the gains achieved, collusion between the various big players, etc. I don’t really care to do that to satisfy your curiosity. Feel free to hit up r/superstonks, r/wallstreetbets, r/gme or r/GameStop, whichever it is, etc, January thru now. The “apes” have dug up a ton of stuff that indicates that the US market is fundamentally dishonest.