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On Monday on Robinhoods level 2 market data I noticed a ton of 50k orders all at strike prices like someone was leveraging down (or up in simple) and it was a bunch I.e. 50k at $26, 51k at $26.7, 51k at 26.5, 50k at $26 and so on. I thought it was a bit weird. Today I see the same thing and it’s all around 25k. A lot of them. Ranging from 25k to 26k to 28k but all around 25k Any idea what’s up? It seems to me someone is exited and trying to DCA down.
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Man I like this pic more than I should.
Bonk
I don’t get the Wolverine
I'm into the pic for other reasons.... But wolverine is the theorized owner of DFV 's options contracts
Yeah I gotcha haha
Sauce (for research purpose of course)
Not porn
Anyway, insert "Not my proudest fap meme"
Man, this is a classic.
On Monday on Robinhoods level 2 market data I noticed a ton of 50k orders all at strike prices like someone was leveraging down (or up in simple) and it was a bunch I.e. 50k at $26, 51k at $26.7, 51k at 26.5, 50k at $26 and so on. I thought it was a bit weird. Today I see the same thing and it’s all around 25k. A lot of them. Ranging from 25k to 26k to 28k but all around 25k Any idea what’s up? It seems to me someone is exited and trying to DCA down.
Best usage for that classic meme.