Do they just have a ton of paper short positions, or are they just liquidating current spot holdings? This seems ripe for ending very poorly for them.
I would be lying if I said I knew how or why they do it 🤷 . I just know I've read about it and seen it happen enough that I moved my stacking to right after... Agree that shorting the corn is stupid but this is what hedgies do
Fair. I didn’t know if ZH had done any deeper analysis.
I don't have any articles handy but they have done more research and they post about it frequently 😉 https://x.com/search?q=jane%20street%20(from%3Azerohedge)&src=typed_query&f=live
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