I disagree completely.
Do you buy car insurance? Home insurance? Life insurance? All of these play the same role as most options. What does this have to do with the markets? Not much but it's the same underlying principal. It allows someone to pay a small amount of money to avoid a large $$ loss. So many people like to buy a few calls at what they think the stock is worth and if they were wrong on the value, they're not out the entire price of the stock.
On a side note: Options are paying my tuition, so my view might be biased.
bjw can you explain to me why myself and tens of thousands of investors are supposed to be happy about THE CROOKED MM'S controlling our stock price and after today action IT'S AS CLEAR AS DAY what is going on
TODAY WAS ABOUT IN YOUR FACE ACTION and that is just what the mm's were saying to all investors meaning WE CAN DO THAT AND YOU GUYS CAN'T DO ANYTHING ABOUT IT
I think Murray explained it to you earlier This is not a magical place where you always win. and I don't agree with Murry about a lot of things.And if you're one of the guys who called 14.99 and didn't use it to your advantage thats your fault.If you know for certain what is going to happen and choose to give your money away doing something else who's fault is that . Nobody is holding a gun to your head and telling you to invest.
I really hope all the shorts and hedges manipulating this lose everything and go into bankruptcy
And their lovers leave them and they are shunned. Maybe even jump off a building.
Disgusting how these pos manipulate this stock. This should be a $30 stock. What a laughable joke the stock market is when this kind of bs happens.