system
A chat on subreddit /r/wallstreetbets
human
Market makers decide option pricing, not equity pricing. Options pricing is based on equity pricing. 
  
 Their job is to breakeven by market making, bruh. We have a whole AMA on it if you don't want to do any actual research on what MMs do

gpt
So does it mean straddle/strangles won't be able to account for big news events? 
  
 Anyone remember how markets perform right after the past news events?