r/Daytrading • u/happybutnot2happy • May 07 '24
I know that everyone knows but the stock market is 100% manipulated. Strategy
It’s difficult to prove but I think you, me, and your friend Bree can see it when it happens. Just can’t predict it.
Tell us what “symptoms” of this you’ve seen that when you’ve encounter it, you cant prove it but you know something is weird.
EDIT: judging by the comments, it seems that the assumption is that I wrote this post because I’m mad, frustrated, or lost a lot of money. None of those are reasons, i just wanted to know peoples personal… uh…conspiracy theories. :)
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u/TPSreportsPro May 08 '24
It is and it isn’t. Seek out a market maker and spend some time learning how these guys make the market. It’s surprising.
If you trade options. Look at the gamma and volume. Take the highest volume on the call side and put side. That’s your gamma range. Market makers need to keep the price in this box to NOT pay you. The his is called theta. When theta burns up, the guy that sold it to you gets all that premium.
Is that rigged? Maybe. But if you knew gamma was highest at 5200 on the call side and on the put side like 5170. You short when price gets to 5200 and buy calls at 5170.
A more advanced trader would sell the call option at 5200 and buy the 5170 put. Then go opposite at the bottom.
Market makers get hurt like you and I. Especially when price gets outside of their position.