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
**Author: [u/Dan_Bren](https://www.reddit.com/user/Dan_Bren/)**
| Author | Source |
| :-------------: |:-------------:|
| [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/) |
Good Evening Apes,
@ -15,3 +17,11 @@ A smart ape name [u/glide_si](https://www.reddit.com/u/glide_si/) suggested that
TL;DR: NEW DTCC RULES PREVENT HEDGEFUNDS FROM COVERING UP FTD'S WITH DEEP ITM CALLS
Red crayons taste the best; change my mind.
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/)
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.
Edit: Seems to be a lot or confusion regarding whether DTCC 005 is in effect and the truth is I dont really know. What I do know is they didnt just stop buying these Deep ITM calls for no reason. This is significant
I will put out another post when I get home from work tonight with todays updates but expect it on the later side.