Aggressive-Wrap7211 t1_j6n5wkl wrote on January 31, 2023 at 2:57 PM Reply to comment by tehs1mps0ns in The glitch in the matrix no one’s talking about : Notable decrease in open interest of OTM calls by ariesdrifter77 Yeah I don't understand why OP thinks market makers are closing their short positions because of upward risk. Market makers are just selling to dumbasses buying OTM calls, while they simply hedge and get premiums. Less OTM calls means less demand. This is a buy-side signal. Not a sell-side one. Permalink Parent 2
Aggressive-Wrap7211 t1_j6n5wkl wrote
Reply to comment by tehs1mps0ns in The glitch in the matrix no one’s talking about : Notable decrease in open interest of OTM calls by ariesdrifter77
Yeah I don't understand why OP thinks market makers are closing their short positions because of upward risk. Market makers are just selling to dumbasses buying OTM calls, while they simply hedge and get premiums. Less OTM calls means less demand.
This is a buy-side signal. Not a sell-side one.