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Fibocrypto t1_j6m19m5 wrote

Reply to comment by ariesdrifter77 in The glitch in the matrix no one’s talking about : Notable decrease in open interest of OTM calls by ariesdrifter77

Selling covered calls is a stradegy that creates income consistantly for those who do it . Yes they get blown up once in a while but more times then not they create income similar to a dividend each month or 2 on a specific stock

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ariesdrifter77 OP t1_j6m4xfb wrote

And us at WSB buy those calls (for the casino’s income). Except this time the casino is buying to close the CCs on itself. LVS is a casino. This is making more sense now

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Fibocrypto t1_j6m5k9i wrote

If you are correct then the casino knows what the fed is a out to do otherwise it make zero sense to be closing

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