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Aggressive-Wrap7211 t1_j6n5wkl wrote

Reply to comment by tehs1mps0ns in The glitch in the matrix no one’s talking about : Notable decrease in open interest of OTM calls by ariesdrifter77

Yeah I don't understand why OP thinks market makers are closing their short positions because of upward risk. Market makers are just selling to dumbasses buying OTM calls, while they simply hedge and get premiums. Less OTM calls means less demand.

This is a buy-side signal. Not a sell-side one.

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