| 00:00 - 00:05 | So Paper puts out a quote on the chat, rings the bell |
| 00:05 - 00:07 | I need a straddle vs fly, quick quick quick |
| 00:07 - 00:10 | I make him a quick price |
| 00:11 - 00:16 | We all know he is a seller of the straddle |
| 00:17 - 00:21 | Some idiot just made him a value bid for the straddle |
| 00:21 - 00:24 | Value! |
| 00:29 - 00:31 | Value! |
| 00:31 - 00:34 | He said he needed to cover the cabs he sold in Dec puts |
| 00:38 - 00:40 | Value! |
| 00:41 - 00:47 | So drax sells him 500 and checks the package again |
| 00:47 - 00:50 | This time he checks the next level |
| 00:50 - 00:56 | and goes down another half a tick and sells 5 thousand |
| 00:58 - 00:59 | Half tick! |
| 00:59 - 01:01 | Half tick in less than a minute! |
| 01:04 - 01:06 | At least he covered those puts |
| 01:06 - 01:08 | cant be short those! |
| 01:13 - 01:14 | Value! |
| 01:14 - 01:16 | Well, now paper is asking as a 4 by 5 |
| 01:16 - 01:20 | said he was offered |
| 01:21 - 01:27 | said he only had 500 left, and then he was done |
| 01:35 - 01:36 | 500 left! |
| 01:36 - 01:39 | As if anyone is believing that right? |
| 01:41 - 01:44 | But this guy wasn't done, he decided to buy |
| 01:44 - 01:47 | that 'last 500' |
| 01:47 - 01:49 | Oh no! Look what I found, |
| 01:50 - 01:53 | 'different paper' - 10k more to do |
| 01:54 - 01:56 | 10k more |
| 01:56 - 01:58 | different paper! |
| 01:58 - 02:02 | Yeah cos there's lots of paper that sells 4x5 straddle vs flys |
| 02:05 - 02:07 | uh oh |
| 02:10 - 02:11 | and then, |
| 02:11 - 02:13 | and then, |
| 02:15 - 02:17 | he checks it on a 10 delta |
| 02:17 - 02:20 | a tick away and still as a 4x5! |
| 02:21 - 02:28 | apparently he only has 500 to do at this level, and then thats it! |
| 02:29 - 02:30 | just 500? |
| 02:30 - 02:32 | just 500! |
| 02:36 - 02:39 | Guess who just came back with another 10k? |
| 02:40 - 02:42 | This guy isn't going anywhere |
| 02:50 - 02:55 | Well at least that guy doesn't pay bro |
| 02:56 - 02:58 | I heard he did it with brokerage |
| 02:58 - 03:04 | You can't be serious, get out of here, thats insane |
| 03:04 - 03:09 | How would he make money? locals are offered where he bought it |
| 03:09 - 03:11 | Ah I do love my job |
| 03:16 - 03:20 | Guess what 'different paper' is checking now? |
| 03:23 - 03:26 | Locals are already trying to get out! |
| 03:31 - 03:36 | you cant make this shit up! |
