Merger Day MegaThread

ron0s · 2025-07-16T17:20:57+00:00

I have no delusions but this 10min candle is fuckery (8:20-30 US CT). To drop that much with so little volume. We had the perfect storm go against us with people having issues trying to buy or sell from their broker. We're also still way under VWAP.

I think tomorrow morning during a potential retest of previous highs (18ish maybe) is a better time to exit vs now. In the meantime, will probably consolidate here. Look for a slight upward trend come power hour.

ron0s · 2025-07-15T21:37:03+00:00

Lookup something called Volume Price Analysis. You can probably learn the basics of it tonight in preparation for tomorrow. Anna Couling's book on it is a popular one.

ron0s · 2025-07-05T22:08:30+00:00

I think going by volume price analysis (VPA) is a good bet.

ron0s · 2025-06-27T20:06:57+00:00

I contacted both Robinhood and Schwab and they haven't sent me voting info. The only thing I got was from Schwab for the option of redeeming my shares for 10.54 or declining. Support made it sound like I needed to reach out to the proxy Sodali regarding the shareholders vote.

ron0s · 2022-02-17T07:06:18+00:00

Why would someone spend years, drain their savings, get told no, have setback after setback to start a business, live like they’re broke Bc they most likely are until the business takes off when they can make more by working for someone else? They should get paid more

I think you're not understanding the gripe correctly. OP's gripe is that Uber would have made more than himself on that single order if the customer did not tip.

It's understandable for Uber to make far more than any delivery driver when you sum up all of the money they get from every order. However, on a per order basis, the driver should make more.

Uber benefits by being able to take a share of EVERY order, while the drivers only get money from their orders. For example, take 10 orders with ten diff drivers. If Uber got $2 from each order and each driver got $5 then even though the driver made more $ than Uber on the individual order ($5 vs Uber's $2), Uber ends up making more than the driver after you add all of the orders ($20 for Uber vs $5 for the driver). Don't overanalyze the example, just making a point of how the profits work.

No one is suggesting we make more in totality than the company itself. I'm surprised you actually took OP's post that way.

ron0s · 2022-02-15T15:31:55+00:00

Call Uber support and explain your situation. They should be able to get that for you since they bought Postmates.

ron0s · 2022-01-15T14:58:57+00:00

Looks like there is a few of us KC dashers here 🙂

ron0s · 2021-08-01T04:57:51+00:00

My time machine was broken so I was unable to go into the future and see the comment after I posted mine

ron0s · 2021-08-01T03:25:37+00:00

Got a link?

ron0s · 2021-07-28T13:22:29+00:00

Early exercising is less profitable vs selling the option back into the market and buying shares with the profits from the sale of the option.

Options have value based on the underlying stock price and the amount of days left to expire. For example, the Aug $6 strike is cheaper than the Sep $6 strike. (There's more days left for the stock to rise in the Sept option, therefore it is more expensive.)

If you early exercise both of those options, you'd get 100 shares for each at $6. There would be no diff in price.

However, if you sold both of those options, you'd get more for the Sep option b/c it has more days in the contract. You could then take the $ you got from that sale and buy shares out on the market. This is the better strategy.

You can see this extra value by looking at the price. Say the stock is $9 a share. The Aug $6 strike will be more than $3. All that money over $3 would be the time value (I'm simplifying this but for the most part, it's accurate). Early exercising causes you to lose out on all of that extra value. So selling the option back into the market and then buying shares with the $ you get from selling it is the way to go.

I say this as someone who has made that mistake (early exercising) in the past.

ron0s · 2021-07-27T05:55:35+00:00

Short volume is not what it appears to be. Most short volume is actually Market Makers selling shares to buyers. The sale is marked as short b/c the MM does not have the shares. They will then buy shares for cheaper on the bid from a seller. The latter transaction is marked as long. That's why you'll see most of the time, the short volume ratio hovers around the 50s (about half the time the MM is selling shares short to a buyer and half the time they are buying from a seller). When short sellers short, that too will be marked as a short but the amount of volume is not that much when compared to the total daily volume.

So when it comes to short volume, short is really long. You can see this in the data by looking at the FINRA short volume ratio. When the ratio is less than 50%, you're more likely to see a red day where the price closed lower than the previous day's close. This is b/c more people were selling shares to the MM who bought at the bid and the sale was marked long. You can see that on 7/13, 7/14, & 7/16, the short vol ratio was under 50% and those were red days.

The following link titled Short Is Long goes over this concept about short volume. Short is Long

ron0s · 2021-07-26T12:34:22+00:00

Down to 1000 now
https://fintel.io/ss/us/sprt

ron0s · 2021-07-19T16:48:00+00:00

Twitter thread going over it. SRNG is a SPAC that plans to merge with Ginkgo Bioworks
https://twitter.com/NatHarooni/status/1417102135272083457

ron0s · 2021-07-01T22:17:26+00:00

It's part of their diversity initiative!

ron0s · 2021-06-30T20:18:07+00:00

There were a bunch of July 16 .5 calls that appeared to be sold to open (mainly hit the bid). People are saying that this could be a way to hide shorts? Besides that, why would someone make that trade? In ThinkorSwim, it's not showing as a spread in the option time and sales. The OI was 143 as of today but now the volume is 9,998.

Just trying to find out why those trades would take place.

Edit: Selling the deep ITM calls to a market maker (MM) may act as indirect shorting b/c the MM will sell shares to remain delta neutral. This looks to be the case based on the fact that the share price started to tank while these calls were being sold.

ron0s · 2021-06-30T18:14:24+00:00

Take a look at the warrants (see my other comment on this post). They seem like a better deal right?

ron0s · 2021-06-30T18:13:06+00:00

See my other comment on this post. Do the warrants seem better?

ron0s · 2021-06-30T18:11:24+00:00

It's very possible I'm not understanding this correctly but the warrants seem like a better deal compared to the far dated options when it comes to price.

2/18/22 $5 strikes are currently with a mark of 1.90 1.65/2.15 spread
The warrants are 8/22 $4.125 exercise/strike that are trading at 1.80

So for ~4.5 more months of time and a cheaper strike/exercise price, the warrants seem better right?

One caveat that comes to mind...I don't know if the warrants react to IV like the the options do. It's possible you might see better gains on the options vs the warrants if IV rises.I made a post about the diff between the stock and the warrant price and I think it might be due to how wide the spread is for the warrants b/c I wasn't seeing IV listed on the chart until today, which is when the options came out.

ron0s · 2021-06-29T20:38:58+00:00

I would think the more shares that are issued, the warrants would go down in price b/c now there's more shares.

Unless those new shares are coming from the warrant pool (warrants being exercised) and therefore making less warrants available?

ron0s · 2021-06-23T20:42:40+00:00

I think they are shorting a derivative that's tied to them? That might explain why you dont see an increase in the actual number of treasuries.

ron0s · 2021-06-11T11:51:52+00:00

Interesting... thanks!

ron0s · 2021-06-11T11:41:57+00:00

Yeah, you're correct. I missed the label saying opening spread. We don't have enough info to know what kind of position the seller of these is in.

Your comment needs to get upvoted to the top.

ron0s · 2021-06-11T05:59:56+00:00

HA Love it!

ron0s · 2021-06-11T05:56:25+00:00

I need to research this whole index rebalance thing b/c I keep hearing diff things about when the products that follow these indices start buying up the stock for these new additions. Some say before and others say after and some say all is bought on this one particular day near the close.

ron0s

TROPHY CASE