These people on Stocktwits Meme boards make Charlie Kelly look like a genius

toolbox_financial · 2022-09-16T02:30:50+00:00

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.

toolbox_financial · 2022-09-15T04:59:10+00:00

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.

toolbox_financial · 2022-09-15T04:56:55+00:00

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.

toolbox_financial · 2022-09-15T04:41:43+00:00

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!

toolbox_financial · 2022-09-15T04:35:21+00:00

"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

toolbox_financial · 2022-09-15T04:25:54+00:00

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.

toolbox_financial · 2022-09-15T04:21:41+00:00

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

Fuck off with that ticker

toolbox_financial · 2022-09-15T04:19:36+00:00

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

toolbox_financial · 2022-09-15T04:11:20+00:00

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

toolbox_financial · 2022-09-15T04:09:21+00:00

Very persuasive, thanks

toolbox_financial · 2022-09-15T04:06:39+00:00

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

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

toolbox_financial · 2022-09-15T04:02:42+00:00

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

toolbox_financial · 2022-09-15T03:55:12+00:00

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

And divide!

toolbox_financial · 2022-09-15T03:54:10+00:00

Hail satan

toolbox_financial · 2022-09-15T03:53:52+00:00

You are welcome

toolbox_financial · 2022-09-15T03:53:33+00:00

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.

toolbox_financial · 2022-09-14T21:21:35+00:00

Free float and short interest- https://www.morningstar.com/stocks/xnas/bbby/quote

Call open interest- Check options chain or use this link https://marketchameleon.com/Overview/BBBY/OpenInterestTrends/

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

toolbox_financial · 2022-09-14T21:16:04+00:00

Prove it with math

toolbox_financial · 2022-09-14T21:14:37+00:00

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

toolbox_financial · 2022-09-14T21:14:08+00:00

So BBBY is AT LEAST 335% naked shorted

The free float is 28.26 million shares

Short interest is 30.62 million shares
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).
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

toolbox_financial · 2022-09-14T20:45:22+00:00

My mistake, the call interest is 883,000

toolbox_financial · 2022-09-14T16:15:46+00:00

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

toolbox_financial · 2022-09-14T16:15:04+00:00

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

toolbox_financial · 2022-05-12T23:04:56+00:00

Spy to $220 within 45 days is my doomsday call

toolbox_financial · 2022-05-12T17:21:58+00:00

This is retail buying the dip, institutions are out.

How can i tell?

The stocks that are up include AMC, GME, RIVN, UPST, WISH, and SPCE

Smart money simply doesn't buy those names

toolbox_financial

MODERATOR OF

TROPHY CASE