$BB Just learned something important. Makes a lot of sense. Since the market maker bought a lot of shares to hedge against the options they sold, as the price goes down they’ll sell those shares off to unwind their positions. Hedge funds can also get in on the action and start selling doubling the selling pressure. And retail will panic sell to cut their losses. Hence why Fridays after a crazy options based run-up is usually deep red. Like amc last week. Last bit. Market maker just unwind the last position it needed to hold for the 14 calls. 4:30 is the cutoff point for weekly option
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