10-29-2021, 12:03 AM
What's up with the markets? It's a fight over $3B in expiring options
<!-- SC_OFF --><div class="md"><p>Depending on where the price ends up, option sellers may be out a whole lot of money. The higher the price goes, the more money they're out.</p> <p>Option sellers are engaged in a furious battle to push prices down as much as possible before the end of the week. Obviously, the people on the other side of that equation want the opposite.</p> <p>Strap in.</p> <p>Here are some extra characters because 500 is a ridiculous amount of characters to require in a post. It encourages this type of extraneous work just to make character counts.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/dado3"> /u/dado3 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qhtqf4/whats_up_with_the_markets_its_a_fight_over_3b_in/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qhtqf4/whats_up_with_the_markets_its_a_fight_over_3b_in/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Depending on where the price ends up, option sellers may be out a whole lot of money. The higher the price goes, the more money they're out.</p> <p>Option sellers are engaged in a furious battle to push prices down as much as possible before the end of the week. Obviously, the people on the other side of that equation want the opposite.</p> <p>Strap in.</p> <p>Here are some extra characters because 500 is a ridiculous amount of characters to require in a post. It encourages this type of extraneous work just to make character counts.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/dado3"> /u/dado3 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qhtqf4/whats_up_with_the_markets_its_a_fight_over_3b_in/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qhtqf4/whats_up_with_the_markets_its_a_fight_over_3b_in/">[comments]</a></span>Kind Regards R