Ratio of call and put is 94:6?🤓
$Mullen Automotive (MULN.US)$ why so many calls? Everyone expects a rebounce to $0.5 level soon? what are the signs?
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KiiNGx : Could include selling calls against their shares.
GesusMunz KiiNGx : I've heard about this. please bestow enlightenment on such plays
disassembly line GesusMunz : hedging is the word youre looking for, eg buying a call and put at slightly different prices on the same expiration date
KiiNGx : or for every 100 shares, you can sell a call against those 100 shares and buy them back (cover) for a cheaper price if you think it will continue to go down