SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc.
AAPL 259.35+0.1%Jan 9 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Road Walker who wrote (148548)1/18/2013 4:26:56 PM
From: Win-Lose-Draw  Read Replies (3) of 213181
 
No, I don't find it suspicious at all. And no, it is not in market makers interest to close as close as possible to a strike price, because it introduces significant risk that can't be properly dealt with until the following Monday. Further, having the price oscillate in a relatively narrow band around an ATM strike introduces significant extra hedging cost/complexity to the market makers ahead of expiry.

I appreciate Max pain is a convenient narrative to hang things on, but at the end of the day, it is a fictional narrative.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext