I can't believe I have to say this, but a lot of people need to hear it: THE STOCK MARKET ISN'T FAIR

First, you can check short interest charts and see most hedges didn't get back in at $400. Most are sitting around $200. $200 to $50 is about the same as $10 to $50 so most hedge funds are sitting neutral minus interest. They will continue to drive short interest down because they still believe gamestock is blockbuster. In the interim they will continue to quant and also trade the volatility. Because of their position it would take a large catalyst to drive above $200 and trigger a squeeze do they aren't sweating. The demand isn't there and all these continued pump and dump will drag down motivation the next time gme pumps.

Also RH selfs clears but dtcc is still in charge of escrow services so to speak.

Also most brokers with options expiring in the money can be instantly bought and sold with margin, you just need to cover for half the shares. If not you can instantly short sell the shares and then exercise the option at a small interest premium..

/r/wallstreetbets Thread Parent