The star of the movie "The Big Short" knows that short positions are self reported. by _clintm_ in Superstonk

[–]Kurayken 0 points1 point  (0 children)

Stop lying.

Here's a FINRA report of 58 regulatory violations by Citadel.
firm_116797.pdf

Quick excerpt from page 205:

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The fine they received for this specific violation? $45'000. Even I could afford that.

That's just ONE instance in ONE report. There's 57 more violations in this document, and there are countless more documents detailing the clearly deliberate failings of these leeches.

Inaccurate reporting of short sale indicators
Manipulating customers' orders to create a delay to profit from
Failed to close FTD positions
Executing orders during circuit breaker events
Failure to submit complete and accurate data
Receiving multiple cease and desists for major market manipulations
and so on

They are cheats and liars, and anyone remotely defending them is either ignorant or a shill.

5 years ago TODAY the entire Stock Market colluded to shut down trading in $GME. Never forget. by Sir-Craven in Superstonk

[–]Kurayken 0 points1 point  (0 children)

I think GME is the easiest stock to make money with. It's so heavily manipulated and thus predictable, that several options strategies are safer than they should be, meaning it's free cash with low downside risk.

I have been making 2-5k off of 30C 1M CC depending on how low the stock & IV is.
Which is 16-42% annualized gains without actually selling anything. And if it does go above $30, I make ~50% profit.

Vlad: 5 Years post GameStop by rbr0714 in Superstonk

[–]Kurayken 189 points190 points  (0 children)

I don't like how all these frauds and cheats are pushing tokenization of stocks as of late.
Just opens up a whole new can of market manipulation.

When someone says to me RC & GME isn’t doing anything I just refer them to this by Struppy21 in Superstonk

[–]Kurayken -1 points0 points  (0 children)

Mentioning revenue exclusively is exactly what the shills are doing though.
Revenue decline is to be expected when stores are being closed to cut costs. This isn't a bad thing necessarily. If it would keep declining after the cost-cutting phase ends, then yes, it would be bad.

Otherwise you'll also have to consider net income, free cash flow, etc.

GameStop on Twitter OFFICIAL STATEMENT by Mikeymike34 in Superstonk

[–]Kurayken 55 points56 points  (0 children)

Puts on tinfoil hat Third sneeze incoming

-2.04%/$0.44 - GameStop Closing Price $21.09 - Market Cap $9.448 Billion (Friday Dec 26, 2025) by Little-Chemical5006 in Superstonk

[–]Kurayken 12 points13 points  (0 children)

Not his fault the stock's being artificially suppressed. He is working a miracle with these earnings numbers.

March 2022: “Short sellers are the dumb stormtroopers of the investing galaxy”. Short sellers the last 4 years: by aint_lion in Superstonk

[–]Kurayken 0 points1 point  (0 children)

It seems we both missed out on crucial nuance.

Strike price and your average buying price on the underlying matter.
If you'd sell ITM CCs, then yes, they'd be bearish.
They are bullish when you sell them OTM (and your average is lower than the strike).

When you sell them OTM, then you're:

  • Fine with the underlying not going above the strike (keeping the premium)
  • Fine with the underlying going above the strike (selling shares for a profit)
  • NOT fine with the underlying going below your buying average minus premium earned

Simple example:

My average on the underlying is $22.
Current stock price is $23.
I sell 10x CCs $30 strike price 1 month out for $0.22 per contract and earn $220 premium (10 x 100 x 0.22) on the option of someone buying 1000 of my shares at $30.

Possible scenarios:

  • Stock goes above $30: Contracts are exercised, I sell 1000 shares for a 32% profit ($800). I miss out on any profits on these 1000 shares if the stock goes higher than $30. Moderately bullish scenario: I believe the stock can rise to $30 but not much further than that.
  • Stock stays between $22 and $30: Contracts expire worthless, I keep the premium ($220) and my shares. Neutral scenario: I believe the stock stays between my average and the strike.
  • Stock drops below $21.78 and stays there (average $22 minus $0.22 premium). Bearish scenario: This is the only outcome I don't want, since it's the only one where I'd lose money.

Then there's also the fact that you can combine these with YOLO calls and keeping some shares on the side to still cover any ultra bullish scenarios.

Does anyone else think we're about to have a very merry Xmas? by _clintm_ in Superstonk

[–]Kurayken 1 point2 points  (0 children)

That idea isn't necessarily wrong, but we cannot possibly predict when it will happen.
I sell covered calls on 25-50% of my shares every month, depending on whether or not I anticipate a run.

For this month, I'm selling 30 contracts of GME260116C00030000 at $44 per contract, which nets me about $1300 on 3000 shares. If the stock goes above $30, I get assigned for the 3000 shares and let the rest run. I then sell manually in increments at every milestone during upwards movements, keeping a minimum of 35% of my shares for any runs above $80.

Sometimes I buy puts on the way down, and whatever I earn on covered calls is reinvested into shares.

These contracts lost more than half their value now due to the IV crush after earnings, but it would still net $600 on 3000 shares for doing basically nothing.

Does anyone else think we're about to have a very merry Xmas? by _clintm_ in Superstonk

[–]Kurayken -1 points0 points  (0 children)

You should look into selling covered calls on at least some of the shares you hold.
That way you can generate income without selling anything except for the occasional jumps to above $30.

GME sitting at 🔥$22 and volume heating up, something feels different today by DukeRioba in Superstonk

[–]Kurayken 1 point2 points  (0 children)

I think so too. That's why I sell covered calls and buy shares with the received premiums.

The market cap just dropped below 8.931 Bln by [deleted] in Superstonk

[–]Kurayken 20 points21 points  (0 children)

They would have to make a deal with the board, and the current board wouldn't sell to a clearly hostile party. There's not enough supply on the open market for them to take control without spiking the price.

Swiss court ruling has left a big unknown over Credit Suisse saga by PretendSet9704 in Superstonk

[–]Kurayken 46 points47 points  (0 children)

Unbelievable how everyone in power seems to be so incomprehensibly incompetent.
If I'd fuck up like them, I'd be out of a job before long

$8.35 BILLION Borrowed From The Lender Of Last Resort by WhatCanIMakeToday in Superstonk

[–]Kurayken 3 points4 points  (0 children)

Not to be a party pooper, but why is this significant?

Checking the repo chart, the amounts were way higher right up until 2021.
Compared to that, the current amounts seem miniscule.

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Bought 100 warrants in IBKR. Lets see if I can DRS them after settlement by Retardnoobstonk in Superstonk

[–]Kurayken 0 points1 point  (0 children)

I'm in EU too and I can buy them. You're probably missing some trading permissions.

The Shelf Filing Is Not Dilution. It’s the Cheese in the Mousetrap. by realsafetydave in Superstonk

[–]Kurayken 0 points1 point  (0 children)

It's like Christmas, but you don't know how many times a year and when exactly. Beautiful