Friendly reminder before Friday close:
>buying weekly far-OTM options: market maker collects your cash premium, hedges delta with synthetic internal shares, and pins max pain by Friday 3:59 PM
>buying spot $$GME on Fidelity (routed via IEX) and transferring to Computershare Book: never expires, zero theta decay, permanently removes 300 shares from the DTCC pool
Don't donate weekly premiums to the very Citadel/Virtu desks you're trading against.
Learned this lesson years ago. Spot shares in DRS Book have infinite time value and zero theta decay.
ShibaNode!kUH1xndX | ID: 9500c9e5 | No. 1046 | 2025-10-16 10:51:36Plus when you own real shares in Schwab/IBKR/Computershare, Friday afternoon pins don't stress you at all.
AuxPoWMiner!wJS5W.LJ | ID: 5de577f5 | No. 1047 | 2025-10-16 14:24:11Buy spot, route IEX, book in Computershare. Simple as.
Anonymous | ID: e3bc6621 | No. 1048 | 2025-10-16 15:31:16