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Update and rename DD/Hedgies-Did-Not-Buy-Deep-Calls-For-First-Time.md to DD/Options-and-Derivatives-Analysis-by-Dan-Bren/2021-04-05-Hedgies-Did-Not-Buy-Deep-Calls-For-First-Time.md
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# HEDGIES DID NOT BUY DEEP IN-THE-MONEY CALLS TODAY FOR THE FIRST TIME
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**Author: [u/Dan_Bren](https://www.reddit.com/user/Dan_Bren/)**
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| Author | Source |
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| :-------------: |:-------------:|
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| [u/Dan_Bren](https://www.reddit.com/user/Dan_Bren/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/ml2q0p/hedgies_did_not_buy_deep_inthemoney_calls_today/) |
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Good Evening Apes,
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@ -15,3 +17,11 @@ A smart ape name [u/glide_si](https://www.reddit.com/u/glide_si/) suggested that
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TL;DR: NEW DTCC RULES PREVENT HEDGEFUNDS FROM COVERING UP FTD'S WITH DEEP ITM CALLS
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Red crayons taste the best; change my mind.
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If you wanna read through DTCC rules https://www.dtcc.com/legal/sec-rule-filings?pgs=1 thanks [u/Darkassassin07](https://www.reddit.com/u/Darkassassin07/)
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Another theory that I've been pondering: if DTCC Rule 005 isn't in effect yet could the end of these deep in the money call purchases expiring 4/16/2021 have anything to do with the heightened volatility that comes with trading short term options. Perhaps inside 10 days is the no-go zone.
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Edit: Seems to be a lot or confusion regarding whether DTCC 005 is in effect and the truth is I don’t really know. What I do know is they didn’t just stop buying these Deep ITM calls for no reason. This is significant
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I will put out another post when I get home from work tonight with today’s updates but expect it on the later side.
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