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Serious Question?
$AMC Entertainment (AMC.US)$
What would happen if Citidel bought a quantity of calls equal to their shorts all at once and then started to cover? would citidel be able to buy at the strike price for all of there shares and then the MM’s be stuck holding the bag on the squeeze when they could come up with enough shares to cover thier contracts?
What would happen if Citidel bought a quantity of calls equal to their shorts all at once and then started to cover? would citidel be able to buy at the strike price for all of there shares and then the MM’s be stuck holding the bag on the squeeze when they could come up with enough shares to cover thier contracts?
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