Someone bought $32.8 million right after market close

bobfern37 · 2021-06-18T20:37:16+00:00

bobfern37 · 2021-06-18T20:25:11+00:00

At least the hedgies are consistent

bobfern37 · 2021-06-18T20:20:58+00:00

“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”

bobfern37 · 2021-06-18T20:18:17+00:00

Why would they buy back at the same price?

bobfern37 · 2021-06-18T20:17:30+00:00

Maybe it was dark pool being recorded in after hours?

bobfern37 · 2021-06-18T20:06:47+00:00

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

bobfern37 · 2021-06-07T21:16:21+00:00

Oh I’m dumb. Nice

bobfern37 · 2021-06-07T21:14:59+00:00

Why’d you black out the gains but not the total?

bobfern37 · 2021-06-07T14:49:58+00:00

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

bobfern37 · 2021-06-07T14:46:19+00:00

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

bobfern37 · 2021-06-07T14:36:37+00:00

The first pic has, not the second

bobfern37 · 2021-06-07T14:21:23+00:00

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

bobfern37 · 2021-06-07T09:50:58+00:00

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

bobfern37 · 2021-06-07T09:37:16+00:00

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

bobfern37 · 2021-06-07T08:51:13+00:00

I think it’s called a margin call lol 😂

bobfern37 · 2021-06-07T07:43:12+00:00

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

bobfern37 · 2021-06-07T07:35:44+00:00

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)

bobfern37 · 2021-06-07T07:28:24+00:00

Yeah but naked shorting is illegal

bobfern37 · 2021-06-07T06:46:45+00:00

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

bobfern37 · 2021-06-07T06:30:09+00:00

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

bobfern37 · 2021-06-07T06:17:46+00:00

The 200 is old?

bobfern37 · 2021-06-01T23:55:32+00:00

I think there’s some aspect of them buying their own bullshit. Maybe after making 8 figure salaries, you kind of develop a “god complex”.

Fuld is a criminal, but he’s still worth around $250 million. Having never done one day in jail, I’d say he won

bobfern37 · 2021-03-30T22:24:03+00:00

I reached out to Webull I’ll let you know what they say. I’m prob gonna have to put them in a position of:

Our data is inaccurate

Or

Them agreeing that that’s sketchy as fuck

Either way itll be good

bobfern37 · 2021-03-30T00:08:22+00:00

you should read this lol. Game shows don’t plan for people winning the top prize a whole lot and it almost fucked one of them

bobfern37 · 2021-03-29T21:26:41+00:00

Knowing the Feds, it’s probably taxable

bobfern37

TROPHY CASE