Sep. 15 at 11:38 PM
$MARA $MRAL
Will do a later write up about the potential for a gamma squeeze for Mara. Check out my previous post on the gamma squeeze potential for cleanSpark. A gamma squeeze is when market makers are forced to buy a stock at the market in order to cover their short call option. When people buy far out of the money call options, market makers do not need to fully hedge their position, but as it gets closer to the strike price, they have to keep increasing their exposure to remain Delta neutral on their position. Delta neutral means that their position is neither bullish nor bearish . As the call options hit higher and higher strikes market makers will be buying stock to cover their calls, a lot of stock.
I am not pigeon 941 on x. Later, I will be posting more information about a gamma squeeze for marathon. Stay tuned.
