moomur
commented on a stock · Nov 5, 2021 08:12
Do you think delta hedging will affect price
$Pfizer (PFE.US)$
pre-market is crazy high, w/ delta exposure of 2.184M PFE shares=24k*0.91*100 for strike 45 (today’s expiration) if it’ll stay ITM about 5% of yesterday’s total volume. Do you think it’ll push the price even higher or is it insignificant?
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moomur OP : So far we have enough buyers. volume is already about x2 of yesterday lol
moomur OP : Next large OI is for 19 Nov also with combined delta exposure of >1.15+M shares (e.g. for C45 0.5*100*23000=1.15 , C44 and C46 also have large OI) but unfortunately even then effect might be small . There seems to be a lot seller today