Apr. 27 at 4:54 PM
$TSLA the self reinforcing
0dte call buy explosion
MM delta hedge stock buy
Next 0dte strike call buy explosion
MM delta hedge stock buy
..
.
That's what is happening now.
Unless some inst who have written lots of 375c jump in and start dumping, the self reinforcing loop continues
This is not retail and inst buying stock driving this.
This is MM buying stock driving this.
Inst and retail can write 2dte 4dte OTM calls in this frenzy and collect more premium.
Big guys make money every which way !
$TSLL $TSLQ