News for hackers. Stuff that matters.
Re:Strikes: Next-gen trading app with intuitive tools and no... by downrightmike on Monday August 02, 2021 @11:04AM (#28037434)
How does it actually pick options? Are we relying on WSB reddit scans etc?
Re:Strikes: Next-gen trading app with intuitive tools and no... by Hedgemaster on Monday August 02, 2021 @11:09AM (#28037523)
Hi, thanks for asking, no it doesn't rely on WSB reddit sentiment, twitter, etc. but instead uses the tools applied in the options trading industry but translated into the language comprehensible to someone without a financial background. For example, it would pick up a short squeeze in GME before it actually happened by analyzing gamma exposure from the options data.