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 25 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.
MacroTape!e2F252sc | ID: 52add044 | No. 1592 | 2026-02-19 14:44:24Plus when you own real shares in Schwab/IBKR/Computershare, Friday afternoon pins don't stress you at all.
Anonymous | ID: 56b2b92d | No. 1593 | 2026-02-19 15:38:47Buy spot, route IEX, book in Computershare. Simple as.
IBKR_IEX!YzYEe9jD | ID: f8dc4282 | No. 1594 | 2026-02-19 19:13:10