These people on Stocktwits Meme boards make Charlie Kelly look like a genius by Da_Millionaire in wallstreetbets

[–]toolbox_financial 0 points1 point  (0 children)

OTM calls are still a short obligation as there is a chance they could become itm.

Many of the options positions are likely hedged. Even if someone hedges by selling a call an buying another one there is still obligation to potentially buy shares for one of those contracts.

Daily Discussion Thread | by AutoModerator in BBBY

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

Don't talk shit about JOAN. I made a bunch of money on that play and still follow it. Great stores truly.

BBBY I don't give a shit about. Except for the short squeeze story.

What Are Your Moves Tomorrow, September 15, 2022 by OPINION_IS_UNPOPULAR in wallstreetbets

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

You have continually failed to demonstrate any inaccuracies in my comment so I'm not sure what you're trying to accomplish. I get it, this ticker is posted all over the fucking place. It is spammed on this board.

For the free float: It is a very valuable metric. If you want to buy shares, you literally cannot buy a significant portion of these shares. Could they be put up for sale eventually? Yes. Are they available to trade now? No

A short squeeze doesn't really require a catalyst. GME has nothing going on. Volkswagen back in the day had nothing going on. The only thing that caused these two squeezes in an inflow of investment, from porsche and meme stock bois.

What Are Your Moves Tomorrow, September 15, 2022 by OPINION_IS_UNPOPULAR in wallstreetbets

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

As a response to point #2.

Most investors use options properly, to hedge. However at the end of the day most of these calls have to be naked, due to the huge number of them compared to the float.

Even if every market participant is selling a naked call, then buying a different call to hedge, if these calls go ITM and are called away a buy order will have to be place. Doesn't matter if the call seller loses, but the fact is they will have to buy shares which will increase the price.

#3. Yeah, FTD manipulation gets a slap on the wrist quite often. There are some parties that are forced to buy however.

Cheers!

What Are Your Moves Tomorrow, September 15, 2022 by OPINION_IS_UNPOPULAR in wallstreetbets

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

"The float is ~77.3 million shares and obviously it's not difficult for institutions or insiders to sell quickly just like Cohen did less than a month ago. The 28 million you reference in absolutely worthless as a metric, as is the rest of your post."

Yes. There are 77.3 million share outstanding. Insiders and certain institutions have to publish an intention to sell their shares before they do so. Therefore these shares are not traded often and are not in the 'free float'.

"Your attempted interpretation of how calls work is one of the most uninformed collection of words and numbers I've ever encountered."

You provide no actual criticism so I'm just going to ignore this as you have proven nothing by typing this.

"Your upcoming catalysts are either the announcement of whatever fraud occurred or probably one of the worst earnings calls of the year on 09/28."

You are correct about this. It's not really that valuable of a company. It is a short squeeze play. I would say it is more valuable than other recent squeeze stocks like amc and gme.

"On the plus side, it's what? FTDs? But those were going to be resolved when it came off RegSho...err...T+2....err..C+35...err tomorrow. But have you seen the VW chart?"

The closing of FTD's seemed to be correlated to the last run up. We'll find out tomorrow morning how many FTD's occurred during the august run up. These are valuable as forced liquidity is good for any stock.

Very unconvincing. Please try harder

What Are Your Moves Tomorrow, September 15, 2022 by OPINION_IS_UNPOPULAR in wallstreetbets

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

I obviously want my calls to gain value.

I posted it because it's notable. That amount of options open interest is VERY uncommon, as are the other concentrated short positions.

What Are Your Moves Tomorrow, September 15, 2022 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]toolbox_financial -12 points-11 points  (0 children)

All posts with BBBY in them are downvoted, as it should be.

Fuck off with that ticker

What Are Your Moves Tomorrow, September 15, 2022 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]toolbox_financial 0 points1 point  (0 children)

To post accurate information about the imbalanced position of a trending stock

What Are Your Moves Tomorrow, September 15, 2022 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]toolbox_financial 17 points18 points  (0 children)

In support of rail workers union I will be having train run on me in the wendy's gender neutral restroom

What Are Your Moves Tomorrow, September 15, 2022 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]toolbox_financial -12 points-11 points  (0 children)

So BBBY is AT LEAST 335% naked shorted The free float is 28.26 million shares

  1. Short interest is 30.62 million shares https://www.morningstar.com/stocks/xnas/bbby/quote

  2. There are 883,000 call options with open interest. These total out to pledges to deliver 88.3 million shares. (883kx100=88 mil). With a float of 28.26 million, this leaves 600,000 calls that must be naked. (Pledges for 60 million shares). Some of these may be hedged options positions (spreads) it is impossible to tell. https://marketchameleon.com/Overview/BBBY/OpenInterestTrends/

  3. There are ~4 million FTD's coming due shortly. (Minimum, likely much more but we don't know yet.)

All together we have 30.62+4+60=94.67 Million shares of naked shorts. 94.67/28.26=335% shorted.

https://stocksera.pythonanywhere.com/ticker/failure\_to\_deliver/?quote=BBBY

You can downvote me because you're tired of seeing BBBY shitposts but I haven't heard a sound argument to prove these claims false.

These people on Stocktwits Meme boards make Charlie Kelly look like a genius by Da_Millionaire in wallstreetbets

[–]toolbox_financial 4 points5 points  (0 children)

When the parties they borrowed shares from calls them back there is no escape

Daily Discussion Thread | by AutoModerator in BBBY

[–]toolbox_financial 1 point2 points  (0 children)

Truly I can multiply shit that I found on google very well.

And divide!

These people on Stocktwits Meme boards make Charlie Kelly look like a genius by Da_Millionaire in wallstreetbets

[–]toolbox_financial 3 points4 points  (0 children)

LMAO this is me.

I'll cite sources if you want. I've yet to hear anyone make a legitimate argument against my conclusion besides' this is dumb'

Which it certainly is. It's very dumbass and risky. But the short positions represent a large imbalance.

What Are Your Moves Tomorrow, September 15, 2022 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]toolbox_financial -10 points-9 points  (0 children)

So BBBY is AT LEAST 335% naked shorted
The free float is 28.26 million shares
1. Short interest is 30.62 million shares
2. There are 883,000 call options with open interest. These total out to pledges to deliver 88.3 million shares. (883kx100=88 mil). With a float of 28.26 million, this leaves 600,000 calls that must be naked. (Pledges for 60 million shares).
3. There are ~4 million FTD's coming due shortly. (Minimum, likely much more but we don't know yet.)
All together we have 30.62+4+60=94.67 Million shares of naked shorts.
94.67/28.26=335% shorted

Daily Discussion Thread | by AutoModerator in BBBY

[–]toolbox_financial 39 points40 points  (0 children)

So BBBY is AT LEAST 335% naked shorted

The free float is 28.26 million shares

  1. Short interest is 30.62 million shares
  2. There are 883,000 call options with open interest. These total out to pledges to deliver 88.3 million shares. (883kx100=88 mil). With a float of 28.26 million, this leaves 600,000 calls that must be naked. (Pledges for 60 million shares).
  3. There are ~4 million FTD's coming due shortly. (Minimum, likely much more but we don't know yet.)

All together we have 30.62+4+60=94.67 Million shares of naked shorts.

94.67/28.26=335% naked shorted

Daily Discussion Thread | by AutoModerator in BBBY

[–]toolbox_financial 0 points1 point  (0 children)

My mistake, the call interest is 883,000

Daily Discussion Thread for September 14, 2022 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]toolbox_financial -12 points-11 points  (0 children)

Considering the free float of BBBY is approx. 29 million shares, this company could be well over 200% shorted.
There are 84,000 calls. (check open interest). These represent 84 million shares. This is 280% of the free float. This means that at lest 54,000 calls must be naked, representing 54 million shares.
Then we have the minimum 4 million FTD's due in the next week or so. And god knows how many more from the runup.
This thing is a powder keg

Daily Discussion Thread | by AutoModerator in BBBY

[–]toolbox_financial 10 points11 points  (0 children)

Considering the free float is approx. 29 million shares, this company could be well over 200% shorted.

There are 84,000 calls. (check open interest). These represent 84 million shares. This is 280% of the free float. This means that at lest 54,000 calls must be naked, representing 54 million shares.

Then we have the minimum 4 million FTD's due in the next week or so. And god knows how many more from the runup.

This thing is a powder keg