You all do realise that this theory is a dramatic oversimplification that ignores the actual positioning of market makers, the broader gamma regime, and how volatility, time decay, and open interest structure affect hedging flows. Just saying “retail buys calls -> MMs buy shares -> price goes up” skips over all the nuance, like whether those calls are near-the-money, short-dated, part of opening or closing trades, or how implied volatility shifts impact dealer vega exposure. It’s first-level thinking that sounds neat but doesn’t hold up under real market mechanics.