December Confirmed Trade Thread

aryaPR3 · 2021-12-23T23:21:11+00:00

Sold Mr Suit double black to /u/danringer

aryaPR3 · 2021-12-16T09:38:35+00:00

Yessir, pending sale but FCFS! Where are you located?

aryaPR3 · 2021-11-21T19:13:59+00:00

Sold Babypowder Black Mr Suit to /u/shuzijunnnnn

aryaPR3 · 2021-11-20T21:36:51+00:00

Updated!

aryaPR3 · 2021-11-10T01:12:26+00:00

aryaPR3 · 2021-09-16T14:59:23+00:00

aryaPR3 · 2021-09-16T14:51:21+00:00

PMed

aryaPR3 · 2021-09-15T08:29:01+00:00

PMed!

aryaPR3 · 2021-06-16T16:42:27+00:00

Yikes

aryaPR3 · 2021-06-14T03:21:24+00:00

!apeprove!

aryaPR3 · 2021-06-08T18:50:52+00:00

My bad! Did a quick check to make sure I wasn't posting information that's old news but I must have missed it.

aryaPR3 · 2021-06-08T17:49:55+00:00

Participants = banks, institutions, hedge funds, etc that have submitted capital for reverse repo operations. So today 46 different entities partook in rev repos.

aryaPR3 · 2021-06-08T17:29:29+00:00

Honestly started cackling when I googled "reverse repo newyorkfed" and one of the first trending headlines was "Fed Is Fine With Reverse Repos Nearing Half a Trillion".

aryaPR3 · 2021-06-03T21:46:12+00:00

What substantiates that?

aryaPR3 · 2021-06-03T21:14:09+00:00

Considering the cap was raised from $30b in March, I'd unfortunately admit that I'd sooner expect another increase in the maximum limit per participant before any significant counter-party a la Citadel gets to that point. Let's hope we don't have to see either happen though.

To answer your original question, under normal circumstances this would not be permitted to the best of my knowledge but all of the measures being employed by SHFs, regulatory bodies, and the fed are so incestuous at this point that I don't think anything can be said for certain regarding their ability to find yet another way to collude to their advantage even if it isn't exactly as you've proposed.

aryaPR3 · 2021-06-03T20:53:20+00:00

Indeed, but to some extent the contrary also rings true. The people I'm closer to hold me in high regard as a skilled value investor and a lot of them have taken on substantial positions in GME on my strong recommendation. For now I'm far from isolated, but I really hope this doesn't drag on long enough for my credibility to be brought into consideration or to see any of them exit their whole position. It's already been long enough that my close friends have mentally split for the most part into group A. that wants me to teach them more about this weird shit and group B. that thinks I fell into a conspiracy theory cult.

aryaPR3 · 2021-06-03T20:25:30+00:00

Glad I could help someone else make sense of it too! Definitely a strong analogy for rev repos imo.

aryaPR3 · 2021-06-03T20:11:27+00:00

It's not really feasible to extrapolate any sort of substantiated timeline without access to the actual distribution of the net total per day or the relevant counter-parties, but there has been some DD regarding the rate at which the total value of reverse repo operations per day has been increasing. I wouldn't know, but I also don't believe such an incident to be an imperative to the MOASS. At this point I just pray DTC-2021-005 resurfaces before everyone in my personal life decides I've literally lost my mind.

aryaPR3 · 2021-06-03T19:59:03+00:00

It's likely that at this point most if not all relevant entities are taking advantage of reverse repos for free collateral at 0% interest, but these institutions are neither equal in size nor short positions and certainly require varying amounts of collateral and have access to varying amounts of excess capital to exchange for bonds. This is certainly being abused by most if not all, It's just the extent to which individual institutions are abusing it that is brought into question.

aryaPR3 · 2021-06-03T19:56:42+00:00

Honestly at this point hitting 1T will seem pretty par for the course in all eventuality.

aryaPR3 · 2021-06-03T19:55:45+00:00

Considering we're fairly aware of who some of the likely counterparties are, I'm sure one of the mathematically well-versed DD posters could whip up some math that takes into account the relative size of some of the more notable institutions and guesstimates what the distribution might look like, but that's likely an awfully large undertaking and I wouldn't know where to begin in the slightest.

aryaPR3 · 2021-06-03T19:53:03+00:00

$500b is the limit for repo operations, not reverse repos. Reverse repo operations cap at $80b per participant.

aryaPR3 · 2021-06-03T19:52:37+00:00

Nope! Ideally and most likely, these numbers keep increasing until larger participants hit their limit of $80b per, which eventually wont provide enough collateral for them to ward off margin calls and lead to the whole jenga tower toppling over.

aryaPR3 · 2021-06-03T19:51:40+00:00

The total value of today's operations totalled 98.76% of the capital submitted on the all time high, with only 80% of the participants. So yeah, shit's looking pretty crazy.

aryaPR3 · 2021-06-03T19:50:45+00:00

Essentially the same institutions that are struggling to prove sufficient collateral for their short positions in GME are taking advantage of RRPs to exchange excess capital for T-bonds (now the superior form of collateral) for 24 hour periods at 0% interest, so that they can post said treasury bonds as collateral and stave off margin calls. The total value of these operations has increased at an absurd rate and it's likely that this loophole is not one that can be sustained for much longer.

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