this post was submitted on 25 Jul 2023
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DRS Your GME

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Question: How much does it cost our market maker comrades per day to keep the price where it is? (lemmy.whynotdrs.org)
submitted 1 year ago by SubDRSive@lemmy.whynotdrs.org to c/drs_your_gme@lemmy.whynotdrs.org
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Like when it's down 15 cents, how many million did that cost them?

I'm assuming that every day hurts and bleeds.

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[–] doing_donuts@lemmy.whynotdrs.org 3 points 1 year ago

/theydidthemath, anyone?

Daily short vol * share price * borrow rate that day, accumulated over time.. I feel like that's the gist of it, but also like it's missing something wildly significant.