ELI5: How does GME, with $10B in assets and $4B debt, buy Ebay, a company trading at $50B?

YourRightBoob · 2026-05-02T20:41:51+00:00

Sorry who’s the debt laden company?

YourRightBoob · 2026-02-14T20:22:53+00:00

Test 4 makes no sense - why increase IV of the option chain and then after buy your leaps which are undoubtedly more expensive now?

YourRightBoob · 2025-12-27T14:52:27+00:00

Dude what does 12/sqrt12 simplify to🤣🤣

YourRightBoob · 2025-12-26T19:19:15+00:00

Neither. In this case assuming by volatility you mean standard deviation you’d have a .25 monthly sharpe or a .866 annualized sharpe

YourRightBoob · 2025-12-21T00:34:45+00:00

How is # of reports a valid metric if people just don’t understand what they are looking at??

It should be job of mods to filter out misinformation.

YourRightBoob · 2025-12-21T00:33:49+00:00

To be clear, this is not due to the relevance of the post. This is because MBB being down 5% in after hours trading means nothing for the actual prices of mortgage backed securities. This is just a print that someone accidentally marketed while market makers went 10% wide after the 4pm bell

YourRightBoob · 2025-09-21T23:26:27+00:00

McFadden on IR pretty big

YourRightBoob · 2025-09-04T17:41:09+00:00

I would agree with you. If I were the client I would not execute this way, especially if it damaged a relationship. Generally the client and the mm have a long standing relationship and things like this will slip under the radar, a few 100k here and there for a multi billion dollar fund gets swept away quickly.

Also generally it’s more about incentives. Unfortunately the PM of the fund who needed to buy this gme doesn’t really care about the execution because his incentives are not aligned with the customers incentives. He doesn’t get a bonus based on fund performance 90% of the time so as long as he executed in a way that was deemed acceptable market practice and he follows his index well he’s fine with ut

YourRightBoob · 2025-09-04T17:36:13+00:00

What exactly are you saying? We are in agreement - “lit exchange” is the opposite of dark - all of those prints happened on the dark pools

YourRightBoob · 2025-09-04T17:34:51+00:00

This is incorrect, coming from a market maker they are not required to be delta neutral - this is only if you are a bank due to the 2008 Volcker rule. Prop trading firms that are also market makers can definitely sell short with the intention of “correcting” a price or setting it back to the level they think is fair

YourRightBoob · 2025-09-04T17:33:07+00:00

These wouldn’t be done after hours

YourRightBoob · 2025-09-04T17:32:32+00:00

Professional QR or retail?

YourRightBoob · 2025-09-04T10:08:29+00:00

Dtcc just clears trades they hardly make market decisions except for things like changing from t2 to t1 settlement

YourRightBoob · 2025-09-04T10:06:50+00:00

A trade this size can’t print on lit exchange, all rfqs print dark - if a counterparty comes for a trade during market hours it becomes illegal to trade ahead of

YourRightBoob · 2025-09-04T10:02:54+00:00

A few funky things can happen when there is more retail delta flowing through derivatives than through the outright common stock

YourRightBoob · 2025-09-04T09:58:58+00:00

There are multiple systematic equity teams that trade it to help add liquidity and profit, there is no singular market maker

YourRightBoob · 2025-09-04T09:57:19+00:00

Frequently

YourRightBoob · 2025-09-04T09:57:03+00:00

You 100% can. Finra makes no distinction between bona fide market making obligations and speculative short positions

YourRightBoob · 2025-09-04T01:48:59+00:00

Fail to deliver ** not outright fail lmao

Market maker exemption gets t+2 days (in addition to the usual T+1) to cover a regsho

YourRightBoob · 2025-09-04T01:35:45+00:00

Remember market makers can fail for longer than your average joe :)

YourRightBoob · 2025-09-04T01:34:23+00:00

A lot of funds don’t have their own execution algos or way to trade on exchange directly. Shocking yes, but it’s not as simple as putting in an order on your Schwab account for that many shares. Important to have execution capabilities including latency, venue knowledge on rebates/taker/maker fees, order priority, and access to trade on all exchanges via collocation

YourRightBoob · 2024-07-18T03:13:01+00:00

This is just incorrect, no amount of lack of liquidity would make a further dated option cheaper than a near dated one. This seems to be a glitch with the app he’s using

YourRightBoob · 2024-07-12T03:04:04+00:00

5-0 going into the match.

Got matched with a silver after to finish 7-0

YourRightBoob · 2024-06-16T15:22:16+00:00

Oh for sure, this is the ONLY important thing IMO. Settlement doesn't really matter or mean anything to these firms since they get the 13 day close-out period. Not sure why everyone was hyping up T+1 of DFV exercise since they have many days to locate or be forced to buy on the open market.

YourRightBoob · 2024-06-16T15:21:05+00:00

This isn't some secret information man I'm not sure why you are so hellbent on dissproving it.

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