/biz/ - Business & Finance

>>23295657
Not enough calls on planet earth to effectively hedge

>>22941274
not enough option volume to be perfectly hedged

>>22821093
>didn't hedge
there isn't enough options volume for them to be hedged.

All of the doubling down of this week failed as of today's heroic struggle over $10. The only hope for shorts at this point is a something causing a massive panic sell-off. Which explains you I guess

>>22800298
I answered this question before
there aren't enough calls out there to cover all of the short interest

Shit like this literally only happens to companies that are going bankrupt TODAY (Bear Sterns, Lehman Brothers during the '08 crash)
GME has an activist investor with a solid track record and a console refresh coming up (there are long ass lines out infront of gamestops right now)

this is gonna be a movie

>>22797865
>Is that even legal?
No

unironically the only way shorts can unwind themselves now is through fraud. Or a massive corona lockdown 2.0 retail dip

>>22797765
answered this last thread
see pic related
short answer: not enough, most shorts are unhedged

I stand by my statement, no matter how this ends we're gonna be in a movie
>>22798081
>just before the failure of Bear Stearns, the fails-to-deliver increased by 10,800 percent.[3]
the only precedent for this is banks actively going bankrupt during the 2008 crash. Gamestop is not going bankrupt anytime soon

>>22797456
>>22797485
see pic related
short answer: not enough, most shorts are unhedged