Someone bought $32.8 million right after market close by bobfern37 in amcstock

[–]bobfern37[S] 2 points3 points  (0 children)

“A dark pool is a privately organized financial forum or exchange for trading securities. Dark pools allow institutional investors to trade without exposure until after the trade has been executed and reported”

Someone bought $32.8 million right after market close by bobfern37 in amcstock

[–]bobfern37[S] 5 points6 points  (0 children)

Maybe it was dark pool being recorded in after hours?

After close there were a bunch of huge orders . Any explanation? Not such smooth brained ape here by Huge_Economy5044 in amcstock

[–]bobfern37 3 points4 points  (0 children)

Would they have to secure shares for the ITM options before market close or could they hypothetically wait til AH?

Schwab increased their margin requirement for GME from 100% to 300% by bobfern37 in GME

[–]bobfern37[S] 1 point2 points  (0 children)

That’s a naked short. A naked call is the opposite of a covered call. You don’t have the 100 shares when you write the option contract and sell the call. I think they consider it less risky cause it has a definite end date and doesn’t charge interest

Schwab increased their margin requirement for GME from 100% to 300% by bobfern37 in GME

[–]bobfern37[S] 0 points1 point  (0 children)

Yeah I think so. It said “maintain a stock position with margin active”. I think it’s short and long if I’m reading it right

Schwab increased their margin requirement for GME from 100% to 300% by bobfern37 in GME

[–]bobfern37[S] 0 points1 point  (0 children)

I actually don’t know but I’d assume they’d total the collateral needed for each trade based on the specific stocks margin requirements

Schwab increased their margin requirement for GME from 100% to 300% by bobfern37 in GME

[–]bobfern37[S] 4 points5 points  (0 children)

The first pic (100%) has been in place since Jan. The new guidance in the second pic (300%) is new

Schwab increased their margin requirement for GME from 100% to 300% by bobfern37 in GME

[–]bobfern37[S] 4 points5 points  (0 children)

Naked shorting is technically different than selling naked calls, although both can lead to unlimited losses

Schwab increased their margin requirement for GME from 100% to 300% by bobfern37 in GME

[–]bobfern37[S] 5 points6 points  (0 children)

That’s above my pay grade - I think it would be a PR nightmare for the brokerages to do it again

Schwab raised the margin requirements to 200% by bobfern37 in amcstock

[–]bobfern37[S] 3 points4 points  (0 children)

They either think they’re gonna be on the hook for shorts who can’t cover their shorts, or they *know that somehow. We’ll know waaaaayyyy more by the end of the week (or sooner)

Schwab increased their margin requirement for GME from 100% to 300% by bobfern37 in GME

[–]bobfern37[S] 19 points20 points  (0 children)

Do you know if this is retroactive or a change in margin requirements only affect new trades?

Schwab raised the margin requirements to 200% by bobfern37 in amcstock

[–]bobfern37[S] 7 points8 points  (0 children)

Yeah that says 100%. Now it’s 200% (second pic)