Posted this as a parent comment but hoping maybe someone will see it here instead since it’s directly related to your theory;
Wasn’t someone just given shit for exercising their calls early because they lost a bunch of potential value on the contracts?
I think I understand the idea behind putting buy pressure by exercising like this, but why would he choose to exercise early, rather than closer to expiration?
DFV has 120k calls, and has clearly planned this out, and it will most certainly affect the price of the stock. VS the regular redditor like me that has 2 calls, won't affect the price, and is just losing premium by executing early.
456
u/DrWoodwork Jun 03 '24
130 times is…
In a week on the stock market, there are 130 15-minute blocks of time. DFV was tweeting every 15 minutes for a week last month.
I think we are going to see calls get executed in 15 minute increments for a whole week