I smell a fraud at work. Could the mm be SHORT? Could it be the mm is the one taking the options and that's why we don't see a corresponding decrease in the open interest with the recent volumes of 900 and 200 contracts traded? Remember we can't trade opening contracts BUT exchanges and mm can. How much temptation can a poor mm stand?
Schwab removed the previously posted low ($0.425) for the day and replaced it with $0.81. ...like it never even happened. Yet. They forgot to adjust the chart which still shows the day stating out in sub $0.50 territory. Senator, I have no recollection of those events.