Does FBRX IV Look Way High to You Also?

Looks like I was wrong in my OP and the market knew best...
The market makers don't make directional bets. If they do they are now flipping burgers and you can have fun with wives when they are at work.
 
The market makers don't make directional bets. If they do they are now flipping burgers and you can have fun with wives when they are at work.
lol you say that like you have had some fun with wives while hubby was breaking his back at work...

And i know what you are saying, every position they add is balanced/hedged instantly in one way or another and they are almost always delta neutral.

What I meant by the comment you quoted was in relation to option premium, not direction. The market anticipated a huge move in either direction and was correct. my OP was basically asking the question "are these options overpriced (both calls and puts due to high IV)? If so, lets sell some premium..." And I was dead ass wrong.
 
lol you say that like you have had some fun with wives while hubby was breaking his back at work...

And i know what you are saying, every position they add is balanced/hedged instantly in one way or another and they are almost always delta neutral.

What I meant by the comment you quoted was in relation to option premium, not direction. The market anticipated a huge move in either direction and was correct. my OP was basically asking the question "are these options overpriced (both calls and puts due to high IV)? If so, lets sell some premium..." And I was dead ass wrong.
Selling straddles is a directional bet.
 
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