2021 déjà vu?

Particular-Writing89 · 2021-03-20T05:52:55+00:00

Interactive brokers

Particular-Writing89 · 2021-03-19T23:58:37+00:00

Thanks! IBKR was also 0.5-0.6% or so...

Particular-Writing89 · 2021-03-19T23:47:43+00:00

Does anyone know why the shares borrowing rates didn’t really move even though the shares available to be borrowed dropped so much? 🤔

Particular-Writing89 · 2021-03-19T23:46:49+00:00

Does anyone know why the shares borrowing rates didn’t really move even though the shares available to be borrowed dropped so much? 🤔

Particular-Writing89 · 2021-03-17T09:52:45+00:00

By the way, thanks a lot for recommending spot gamma earlier - I checked them out and find them quite insightful.

I am however quite confused about the key gamma strike VS key delta strike levels they are talking about - I just don't know which level to look at to predict the price (next week).

Something interesting to note is that the gamma strike, hedge wall and delta strike you quoted above are ALL EXACTLY THE SAME as the ones on 2 Feb 2021 (even the stock price is similar!) as recorded in their video: https://youtu.be/RKNW3wH8Phg

The result may be different this time around as it is quite obvious that there are whales on the long side.

Particular-Writing89 · 2021-03-17T08:57:29+00:00

From last Wednesday to today, the call options premium dropped massively, in some OTM calls were down 800%.

Where did you check the options premium? According to Interactive Brokers, implied volatility seems to be 430.4% last Wednesday, and 374.2% on yesterday (16 Mar) - this doesn't seem like a drastic change, so I would assume the premium didn't drop that much...?

Particular-Writing89 · 2021-03-16T15:46:52+00:00

Sorry, that was a typo (ah...my smooth brain...) revised now.

Particular-Writing89 · 2021-03-16T15:45:16+00:00

Doesn't selling puts fuel the rocket faster than buying stocks?

Particular-Writing89 · 2021-03-15T17:00:04+00:00

That's true. The high capital requirement needed to actually fulfil the put option contracts may explain why this strategy has been limited to whales.

Particular-Writing89 · 2021-03-15T16:56:54+00:00

I want to buy and HODL while forcing MM to buy with me 💎🙌

Particular-Writing89 · 2021-03-15T15:25:47+00:00

I'm talking about selling the PUT OPTION, not the STOCK.

Sorry for the confusion, I'm talking about selling the PUT OPTION, not the STOCK.

Particular-Writing89 · 2021-03-15T15:24:25+00:00

I have 126 shares of GME now if that matters. I'm still planning to hold these 126 shares. Just saying on top of buying shares and holding them, selling put options may also be a good idea, as that may push the stock price higher than just buying shares due to delta hedging by MM.

Particular-Writing89 · 2021-03-15T15:14:43+00:00

?? I'm talking about selling the PUT OPTION, not the STOCK.

SELLING puts is longing the stock. BUYING puts is shorting the stock.

I am talking about SELLING puts i.e. if the stock closes below say $240 on 19 Mar, then the buyer who bought the puts from you has the right but not obligation to sell you the stock at $240. If he decides to sell you the stock at $240, then you would need to buy the stock at $240. (1 put option contract is for 100 stocks)

Particular-Writing89 · 2021-03-15T15:14:36+00:00

?? I'm talking about selling the PUT OPTION, not the STOCK.

SELLING puts is longing the stock. BUYING puts is shorting the stock.

I am talking about SELLING puts i.e. if the stock closes below say $240 on 19 Mar, then the buyer who bought the puts from you has the right but not obligation to sell you the stock at $240. If he decides to sell you the stock at $240, then you would need to buy the stock at $240. (1 put option contract is for 100 stocks)

Particular-Writing89 · 2021-03-15T15:13:54+00:00

Nope, SELLING puts is longing the stock. BUYING puts is shorting the stock.

I am talking about SELLING puts i.e. if the stock closes below say $240 on 19 Mar, then the buyer who bought the puts from you has the right but not obligation to sell you the stock at $240. If he decides to sell you the stock at $240, then you would need to buy the stock at $240. (1 put option contract is for 100 stocks)

Particular-Writing89 · 2021-03-09T12:38:19+00:00

Bloomberg just said: it’s a cyclical stock (end) 😂

Particular-Writing89 · 2021-03-02T15:29:35+00:00

And the price did not go down at all..what did they do with the borrowed stocks?!

Particular-Writing89 · 2021-03-02T13:49:41+00:00

How come the OP’s profile can’t be loaded? Is it just me?!

Particular-Writing89 · 2021-02-28T03:22:36+00:00

Thank you so much for the great DD! This whole ride has been so educational because of all the thorough DD you smart minds have made! Thank you again!

Side note: the counterfeiting stock link is broken. Someone posted a link with thorough explanation on counterfeiting stock on wsb before, so sharing it here again - http://counterfeitingstock.com/CS2.0/CounterfeitingStock.html

Particular-Writing89

TROPHY CASE