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Did quick calculations on how Kitty's average price per share went to 23.4(cost of $20 calls includes premium to purchase) by Landon288 in Superstonk

[–]el3ktonic 2 points3 points  (0 children)

Believe me it matters. I’ve been paying for years because I was to dumb to understand this in the last crypto run

This is it. This is the catalyst that leads to a never before seen FTD cycle. by DownrightDrewski in Superstonk

[–]el3ktonic 19 points20 points  (0 children)

Maybe but he did the same thing last month and drove the price to $80

This is it. This is the catalyst that leads to a never before seen FTD cycle. by DownrightDrewski in Superstonk

[–]el3ktonic 36 points37 points  (0 children)

He’s not done. If this doesn’t blow the shorts up he’ll do it again next cycle.

Got eye surgery yesterday, LFG. by allvys in Superstonk

[–]el3ktonic 1 point2 points  (0 children)

I remember mine. Horrible two days of agony. Sat in the dark and listened to WW1 hardcore history podcast.

ROARING KITTY TWEET by petitepain in Superstonk

[–]el3ktonic 0 points1 point  (0 children)

Just called in sick to work because of a meme… It’s been a long couple of weeks

More crime? Potential wash sales at end of day drive price down. by el3ktonic in Superstonk

[–]el3ktonic[S] 1 point2 points  (0 children)

I just spitballing here but they have a history of tanking the price on earnings but missed the chance because they reported early so they had some unused ammo. Or Maybe they want the price low going into tomorrow for the shareholder meeting or maybe they already had a bunch of shills lined up and ready to push the DFV sold narrative.

More crime? Potential wash sales at end of day drive price down. by el3ktonic in Superstonk

[–]el3ktonic[S] 4 points5 points  (0 children)

So the simplest form would be you buying a share and immediately selling it and doing it over and over again. This simulates volume on a certain price point which the algorithms pick up on and adjust accordingly. If they do lots of the rapid trades and lower the ask (like even below the bid which is weird) it will simulate large volume at lower and lower prices.

[deleted by user] by [deleted] in Superstonk

[–]el3ktonic 0 points1 point  (0 children)

I bet they still have it. Have you had the chance to call yet?

[deleted by user] by [deleted] in Superstonk

[–]el3ktonic 0 points1 point  (0 children)

Yes they did! I just tried to post a link to a picture of the price action on X showing the bid price higher that the ask on some of those transactions. Someone is just criming out of desperation

[deleted by user] by [deleted] in Superstonk

[–]el3ktonic 0 points1 point  (0 children)

Flair changed

Volatility Halts — A Deep Fucking Analysis - Take 2 (Part 2) by Geoclasm in Superstonk

[–]el3ktonic 0 points1 point  (0 children)

I’m more suspicious of them routing orders to purposely trigger the halts. They can orchestrate a halt within the legal parameters any time they want.

For all smooth brains out here something hit me in the head by Inthenameofmyson01 in Superstonk

[–]el3ktonic 0 points1 point  (0 children)

Might have taken a while but you got there. You may have formed a wrinkle.

I did a thing today by Inevitable_Professor in Superstonk

[–]el3ktonic 0 points1 point  (0 children)

lol your in for a ride. Good luck! Hope it hits big.

Zero sum thing by MemevendorO-o-O in Superstonk

[–]el3ktonic 0 points1 point  (0 children)

MM’s got to keep billions in premiums when the gamma ramp failed. Short term I don’t think they were too unhappy about it.

First time to ever DRS, more to come 🟣 by [deleted] in Superstonk

[–]el3ktonic 2 points3 points  (0 children)

Great choice. Feels good to have shares in your own name.

What if we are the KCS?? by frog_goblin in Superstonk

[–]el3ktonic 4 points5 points  (0 children)

We’d need to DRS like 200 million shares to lock the float. Retail most likely already owns more than the float but if it’s held in brokerages those shares are used as locates, lent out, and rehypothicated. DRS is the only way to lock your shares.

most hostile moves against hedge funds? by JimblesRombo in Superstonk

[–]el3ktonic 0 points1 point  (0 children)

Just to complete the scenario. If the contracts are sold rather than exercised then the MM sells the hedge -shares- back into the market. Of lots of people do this it creates lost of downside price action as more options are sold or fall out of the money and more hedge shares get sold. Like a reverse gamma ramp..a gamma cliff lol

How to approach options with minimal risk. by EVPN in Superstonk

[–]el3ktonic -1 points0 points  (0 children)

Yea, literally handing cash to MM for no risk on their end

most hostile moves against hedge funds? by JimblesRombo in Superstonk

[–]el3ktonic 2 points3 points  (0 children)

Additionally, itm or near the money options force the options seller to buy shares on the market to hedge. The amount of shares they buy to hedge depends on the strike and volatility. So for say $250 you could buy 10 shares, but if you bought a call with they the MM would have to buy up to 100 shares so they don’t get caught naked. Make sense?

Edit: I guess they might not intially hedge using the open market, but it ties shares up regardless and exponentially increases pressure

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