I just want to know how do you know for sure what those guys have been doing. Have they exposed all their trades? Are you saying that they were so stupid to not have hedged it?!

This is a hedge fund's game as it is for WSB.

It is the regular traders that have shorted via option that are losing money just the same. They are the most likely bag holders because they they don't hedge.

Don't assume all parties are truthful.