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 IBKR routed via IEX (routed via IEX) and transferring to Computershare Book: never expires, zero theta decay, permanently removes 100 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.
IBKR_IEX!YzYEe9jD | ID: 4f0623bc | No. 1228 | 2025-11-27 10:58:20Plus when you own real shares in Schwab/IBKR/Computershare, Friday afternoon pins don't stress you at all.
BookKing!npDz07xi | ID: 8cc60586 | No. 1229 | 2025-11-27 13:50:29Buy spot, route IEX, book in Computershare. Simple as.
Anonymous | ID: da77911b | No. 1230 | 2025-11-27 16:33:36