LogFAQs > #950216266

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TopicStock Topic 19
StartTheMachine
02/02/21 9:46:40 PM
#202:


red sox 777 posted...
Most likely a hedge fund short AMC protecting themselves in case the infiniti squeeze happens. There was also a lot of action on the GME $800 strike 2/5 call. With those calls in place, that fund's loss is limited to the $800/share level which they can manage.

Ahhh this makes a lot of sense.

I definitely wish I bought AMC puts to hedge my position when I bought back in a bit too high. With a stock so volatile, I could have just sold those puts during the inevitable dips for good money.

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