[kryogen1c]

> That is false. $16.8B is greater than Melvin's AUM

losses on options contracts arent limited to invested capital. AUM is irrelevant

[fractionalhare]

Yeah I'm aware of that, but Melvin is not bankrupt.

[kryogen1c]

oh i get it, i thought you were saying the losses werent possible because it exceed their available captial. youre actually saying the losses arent possible because theyd be out of business.

i withdraw.

[fractionalhare]

Yeah in fairness I could have worded that more precisely, but that's the idea :)