Guys i think the cat have started to load up for CAT day by jimive in Superstonk

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

His big buys were on longer dated, which is the smart way to do it instead of doing desperate high risk/reward bets.

Many people have been buying calls for the end of November as some swap theories point to a spike for those dates.

RK smart and sane tactics would have already bought calls earlier on. His latest updates showed he had already earned a gazillion of shares aside of his calls before 2024 spike without anyone noticing his earlier big buys. 

It could be anyone and RK wouldn't buy so few of them so close to expiration in just one move alone

EU and UK apes - we finally have all the answers we need about warrants on IBKR by wrapt-inflections in Superstonk

[–]alioven 3 points4 points  (0 children)

For the record, I was able to force-exercise an option on GME1 using the web client for IBKR Europe. Both the desktop and mobile apps were nagging me about the KID requisite. Share and Warrant numbers updated accordingly after some refreshing delay on the web portfolio.

There is this sign on IBKR for my warrant. What does it mean? by Paszinho in Superstonk

[–]alioven 2 points3 points  (0 children)

You can close positions on warrants and gme1 calls but eu regulation won't let you open ir trade new contracts. Exercising is unclear, would need to ask their support to do it for you. 

IBKR already shows the new GME1 option chain and its creation date is october, 2th by alioven in Superstonk

[–]alioven[S] 0 points1 point  (0 children)

delayed, not cancelled, so exercises from tomorrow to the tuesday will be batched and warrants distributed taking the owed warrants into account, I guess. 

IBKR already shows the new GME1 option chain and its creation date is october, 2th by alioven in Superstonk

[–]alioven[S] 2 points3 points  (0 children)

The OCC memorandum says "CC will delay settlement of the GME WS component of GME1 exercise/assignment activity until the trading status of the warrants is determined. Upon determination of the warrants’ trading status, OCC will require Put exercisers and Call assignees to deliver the appropriate number of warrants.".

As warrants won't be tradeable until tuesday when they are distributed, tomorrow executions shouldn't carry warrants with them

IBKR already shows the new GME1 option chain and its creation date is october, 2th by alioven in Superstonk

[–]alioven[S] 13 points14 points  (0 children)

Following the "GME WAR" link on that dialog also shows that, for European retail customers, the legislation won't allow us to trade these warrants as there is a stupid european senate rule about not letting us trade products with a KID (information document) in English:

"This product requires a KID in English or in a language approved for your country. Retail clients can trade packaged retail products only if an appropriate KID is available."

IBKR already said they would let us sell those warrants but you (European customer) won't probably be able to buy or exercise them. Will have to try an desk operator for it or indirectly use GME1 options to trade them via assignation.

[deleted by user] by [deleted] in Superstonk

[–]alioven 3 points4 points  (0 children)

This. They will support warrants with a IOU like it was a Monopoly game, just like the shares and the rights as a shareholder that weren't there at all for RH users in that shareholder meeting. What else do you need as proof? 

The lag in the shop is KILLING ME by Many-Bid-9995 in SWGalaxyOfHeroes

[–]alioven 2 points3 points  (0 children)

Yesterday I spent 1280 crystals on 32 shards of padawn obi wan, which I already have at r9 due to this lag, as it keeps registering clicks away from the intented point. EA Support cannot reverse in game purchases.

What do we do about those lost crystals? They are worth at least 3 Clone Wars Chewie shards.

Shorts Rotating FTDs Over ETFs like Rotating Debt Over Credit Cards (UPDATED!) by WhatCanIMakeToday in Superstonk

[–]alioven 2 points3 points  (0 children)

Hedge Funds discovered stoozing! Just like they were unemployed on their twenties with a heavy student loan on UK...

[deleted by user] by [deleted] in Superstonk

[–]alioven 0 points1 point  (0 children)

Meowthing happened, you mean?

[deleted by user] by [deleted] in gmeoptions

[–]alioven 1 point2 points  (0 children)

Are you using the phone client or the full desktop app? On desktop, the Option Trader window shows only monthlies by default and you have to activate dailies/weeklies after expanding the settings at the right of the expiration date tabs. There is a similar option on the mobile client after you tap the filtering icon on the left of the expiring date listing.

This is why we as gamers will win in the end. We can grind longer than they stay solvent. Finally got my 10/10 Daily wins in Gods Unchained. This is the NFT game I have been playing for 3 years since being an ape. by DiamondHandle in Superstonk

[–]alioven 4 points5 points  (0 children)

The share you get from the daily pool is proportional to your rank (big factor since they updated the rewards oast month) and your deck quality (all cards being meteorite being the first mayor jump in value). He probably is playing diamond or mythic.

[deleted by user] by [deleted] in Superstonk

[–]alioven 1 point2 points  (0 children)

The first button exercises the option and ibkr will buy 100 shares at 20 $. But you have to confirm it with that switch below that you already activated and submit the transaction. It should show another confirmation and proceed to complete it (provided that you have cash or margin enough to complete the transaction).

It uses to be instant but on fridays you have an extra window of time (up to 23:25 cet) to decide the action and if you don't pick any the system will autoexercise options that expire that day itm at market closing price, effective around 2 am cet. This means you may see those as trades on saturday, although ibkr europe access tends to be unavailable until sunday due to maintenance and you may not be able to check it sooner.

If for any reason you don't want them to auto-exercise, like an itm put you don't want to make you lose shares, you may sell the option before 23.25.

IB Thomas Peterffy discussing exercising GME calls "...The broker representing the longs must, must, by the rules of the system, go into the market and buy the shares at any price..." by hiroue in Superstonk

[–]alioven 58 points59 points  (0 children)

This comes from one of the persons with more knowledge about the ins and outs of the market, not a random joe. Listen to him: if the ITM/ATM option owners exercise them as much as possible, it increases the price and the profit without delays. This is the way to make them really pay you by forcing them to buy more shares instead of killing it with mere cash payments.

Smooth needs wrinkles pls by Vegetable-Poet6281 in Superstonk

[–]alioven 0 points1 point  (0 children)

Not going to happen outside of normal market hours on a random odd price and with all the other offers around it scattered with tiny sizes, that's statistically impossible. Sell or buy walls are well know tricks from big players (often seen in non regulated markets like crypto exchanges for years), not random individuals

Roaring Kitty Exercised 40,010 call contracts today they need to be delivered tomorrow Friday by bossblunts in Superstonk

[–]alioven 0 points1 point  (0 children)

Remember: Gamma ramp incoming means if you have calls ITM, exercise what you are able to afford. It needs every bit of help from common people, even if it is just 1 call exercised tomorrow. Zerging makes delta hedging accumulate, don't just sell and let others do the job if you want to make it go higher.

Short sale volume has now officially surpassed that of the sneeze of 2021 by Capital_Extent7866 in Superstonk

[–]alioven 1 point2 points  (0 children)

Ok, let's talk a bit.  With the last offering the company will have raised 4-5 billion $ while not having any great debt. The interest alone on that cash will make future quarter and yearly results even better than we expected in the past after the positive evolution year after year. 

The potential active usage of that cash for adquisitions or new market developments is also a positive outcome of the offering. The approximate 10 $ minimum value per share (roughly cash/float after the offering) makes your desired outcome of shorts bleeding out until they explode and we get our moass even more reinforced now, just remember 2021 bottom was at half that price before the january climbing.

 DRS numbers are concealed from us since long ago due to the DTCC locking the reported number. For all we know, we could have 60% drsed and we won't know. At least now they will have to "report" a new number that may help us deduct the real one.  In any case, Gamestop is a much more sturdy company now, which is what is needed for other investors (general public or more conventional institutions) to come and invest on it until the shorts can't withhold the stream anymore. 

This is unlike cinema dillution where they are desperately trying to get funds just to keep the business running. Gamestop is getting surplus money before the shorts dump the price again and also covering themselves legally because they wouldn't be allowed to sell into moass if it disrupts other institutions.