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Smooth brain needing help. Explain why it matters if $3M in 125Cs were bought.
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I see it posted all of the time, spikes in call premiums and buys. I get that it causes the option sellers to buy shares to hedge counter party risk.
But the numbers are meaningless in context. Is $3M a lot or is it just a big spike? At what number should my tits be carving glass?
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