2021 Stock Market

[BHC Vic]

It hasn’t started to squeeze yet. I thought 50 would trigger it but maybe 100

 

[BHC Vic]

Sorry meant what’s their monthly payment (percentage) on these shorts?

Technically they never have to pay up if they keep paying the interest. Obviously they can’t go forever at a loss.


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The theory is they will be margin called and have no choice

 

[hallett21]

The theory is they will be margin called and have no choice

But don’t hedges borrow on a % base? Meaning borrow a $100 for a 5% rate etc.

If they get called then whoever wrote the loan (margin called the shorts) would have a hard time selling to other hedges. Because now they are known as a bank who margin calls.

Not saying you’re wrong but do you think one hedge would kill another? That could put the whole system in a tailspin when hedges don’t trust each other.


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[BHC Vic]

But don’t hedges borrow on a % base? Meaning borrow a $100 for a 5% rate etc.

If they get called then whoever wrote the loan (margin called the shorts) would have a hard time selling to other hedges. Because now they are known as a bank who margin calls.

Not saying you’re wrong but do you think one hedge would kill another? That could put the whole system in a tailspin when hedges don’t trust each other.


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How much risk are they willing to take on. I thought 50 would trigger it. Eventually they’ll have no choice

 

[zhandfull]

AMC up over 100% in one trading day. Lol..
I don’t truly understand why but imagine someone has or will lose their ass.

 

[lbhsbz]

Damn

 

[pronstar]

But don’t hedges borrow on a % base? Meaning borrow a $100 for a 5% rate etc.

If they get called then whoever wrote the loan (margin called the shorts) would have a hard time selling to other hedges. Because now they are known as a bank who margin calls.

Not saying you’re wrong but do you think one hedge would kill another? That could put the whole system in a tailspin when hedges don’t trust each other.


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During the GameStop fiasco, hedge funds backed one another up. They’ll do the same here.

What folks may not realize is that other hedge funds were massive winners during it all. Redditors didn’t exactly stick it to the man as much as they thought….just a few of them.


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[bowtiejunkie]

I’m selling 50% of remaining at $500 and other 50% at $1000/share. Lol.

Maybe sell a bit at $100, if it gets there.

 

[hallett21]

I’m selling 50% of remaining at $500 and other 50% at $1000/share. Lol.

Maybe sell a bit at $100, if it gets there. [emoji573]

Lol I hope you guys get every last dime. AMC as an almost trillion dollar company


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[KingofBeers]

$AMC traded more options contracts today than $AAPL, $SPY, and $TSLA combined. Ive never seen a ticker with a 500million float trade like a low float chicom shitco before. Absolutely insane.

 

[BHC Vic]

During the GameStop fiasco, hedge funds backed one another up. They’ll do the same here.

What folks may not realize is that other hedge funds were massive winners during it all. Redditors didn’t exactly stick it to the man as much as they thought….just a few of them.


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Hedge funds are losing billions daily on amc.

 

[hallett21]

Hedge funds are losing billions daily on amc.

Last figure I saw was 8-10 billion year to date. Did someone release new numbers?


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[KingofBeers]

For you guys just starting to learn about this stuff look up Gamma Squeeze. Because thats what this is. Ive been trading full time for close to 4yrs and only recently started following option chains on some of this trash.

Here is a pretty good explanation.

What Is a Gamma Squeeze? | The Motley Fool

Add the complexity of options to the forced buying behavior of an ordinary short squeeze, and you can wind up with an even crazier situation.

www.fool.com

Or if you want to see some real time analysis and a shitload of learning material on this and you are on twitter I strongly suggest you follow Alldayfaders@team3Dstocks.
Go read his tweets starting about early the 27th.

https://twitter.com/i/web/status/1398085382143582209

 

[hallett21]

Hedge funds are losing billions daily on amc.

Last figure I saw was 8-10 billion year to date. Did someone release new numbers?


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[Yarder]

Hedge funds are losing billions daily on amc.

Not just AMC but GME as well... Citadel and the other shorters are fukd.

 

[BHC Vic]

Last figure I saw was 8-10 billion year to date. Did someone release new numbers?


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I don’t have time to post the videos right now but Jeffrey Forbes and trey trades talk about it a lot

 

[BHC Vic]

Trey also talks about gamma squeeze a lot which is why I was saying the squeeze hasn’t started yet. This is a gamma squeeze

 

[BHC Vic]

I’ve only been reading 6 months so a lot of this goes right over my head, but I’m trying to soak up and make sense of as much as I can as fast as I can

 

[hallett21]

I don’t have time to post the videos right now but Jeffrey Forbes and trey trades talk about it a lot

Just read one that says citadel might be exposed more than 57B in January lol. If that’s true Ho Lee Fuk


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[KingofBeers]

Trey also talks about gamma squeeze a lot which is why I was saying the squeeze hasn’t started yet. This is a gamma squeeze

The squeeze has been going on since the 27th. Then the following day the $50 calls were opened, then the $73 calls were opened the day after that...etc. I personally have done nothing more than scalp this name and was done with it once it started skipping dollars into halts. In fact, my last trade was a scalp off the washout from the first halt resume.

 

[KingofBeers]

Not just AMC but GME as well... Citadel and the other shorters are fukd.

Just read one that says citadel might be exposed more than 57B in January lol. If that’s true Ho Lee Fuk


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Citadel owns 5% of Mudrick Capital Managment. Mudrick are the ones who were issued 8.5M shares at ~$27. They likely made out just fine selling to retail over the last couple days.

 

[BHC Vic]

The squeeze has been going on since the 27th. Then the following day the $50 calls were opened, then the $73 calls were opened the day after that...etc. I personally have done nothing more than scalp this name and was done with it once it started skipping dollars into halts. In fact, my last trade was a scalp off the washout from the first halt resume. View attachment 1009098

Like I said I’m pretty new at this but I’m going to have to disagree. They haven’t started covering short posistions yet. This movement has been all momentum. When the shorts start covering then the squeeze starts.

 

[BHC Vic]

Citadel owns 5% of Mudrick Capital Managment. Mudrick are the ones who were issued 8.5M shares at ~$27. They likely made out just fine selling to retail over the last couple days.

I believe they are the ones that caused the huge drop yesterday. Bought at 27 sold around 32. Retail investors ate it up like nothing

 

[Yarder]

The squeeze has been going on since the 27th. Then the following day the $50 calls were opened, then the $73 calls were opened the day after that...etc. I personally have done nothing more than scalp this name and was done with it once it started skipping dollars into halts. In fact, my last trade was a scalp off the washout from the first halt resume. View attachment 1009098

So do you think the price action the last few days is from retail FOMO? Or is it still squeezing, gamma or otherwise?

 

[BHC Vic]

The big red candle

 

[BHC Vic]

Maybe treys wrong

 

[KingofBeers]

I believe they are the ones that caused the huge drop yesterday. Bought at 27 sold around 32. Retail investors ate it up like nothing

A fund playing this is not selling a market order for a $5/sh profit. There are lots of games that get played with hidden sellers, bid props, iceberg orders....but one thing I know for sure is Mudrick didnt just dump a bunch of supply on one candle.

 

[BHC Vic]

Be pretty cool to make a million bucks being wrong. I ain’t bad at the guy

 

[BHC Vic]

A fund playing this is not selling a market order for a $5/sh profit. There are lots of games that get played with hidden sellers, bid props, iceberg orders....but one thing I know for sure is Mudrick didnt just dump a bunch of supply on one candle.

Profit is profit.

 

[Yarder]

Maybe treys wrong

Holy shit, that guy is a bit much for me. I can't disagree with what he's saying though, lol

 

[BHC Vic]

A fund playing this is not selling a market order for a $5/sh profit. There are lots of games that get played with hidden sellers, bid props, iceberg orders....but one thing I know for sure is Mudrick didnt just dump a bunch of supply on one candle.

The video is 5 minutes. I’d like to hear your feedback if you have time to watch it

 

[BHC Vic]

Holy shit, that guy is a bit much for me. I can't disagree with what he's saying though, lol

Try watching him at 1.5x speed I always speed up my videos because time is never on my side. They only good thing about my commute is I do nothing but learn about stocks and trading

 

[Yarder]

A fund playing this is not selling a market order for a $5/sh profit. There are lots of games that get played with hidden sellers, bid props, iceberg orders....but one thing I know for sure is Mudrick didnt just dump a bunch of supply on one candle.

I can't imagine that they wouldn't take that $5 a share profit for a cool $40 million + for hodling overnight...

 

[KingofBeers]

So do you think the price action the last few days is from retail FOMO? Or is it still squeezing, gamma or otherwise?

This is from people selling way out of the money calls getting ran over. There were no more stupid way out of the money strike calls introduce today. Does it gap up? Does it gap down? nobody really knows. That $72 blow off move was pretty powerful and then the volume dried up and has just drifted sideways. I dont hold anything like this overnight. I likely wont touch it unless I see a pretty clear confirmation that its done. And even then there may be easier plays that present themselves in the am.

 

[BHC Vic]

I can't imagine that they wouldn't take that $5 a share profit for a cool $40 million + for hodling overnight...

Wasn’t even over night

 

[BHC Vic]

I personally don’t think they would hold it any longer in fear it goes back down to 12. I personally think it’s exactly what happened

 

[BHC Vic]

This is from people selling way out of the money calls getting ran over. There were no more stupid way out of the money strike calls introduce today. Does it gap up? Does it gap down? nobody really knows. That $72 blow off move was pretty powerful and then the volume dried up and has just drifted sideways. I dont hold anything like this overnight. I likely wont touch it unless I see a pretty clear confirmation that its done. And even then there may be easier plays that present themselves in the am.

But you think a hedge fund with millions out will hold it?

 

[hallett21]

I personally don’t think they would hold it any longer in fear it goes back down to 12. I personally think it’s exactly what happened

Back to 12 puts the shorts back in the money I bet. So holding it would let them hedge in case it keeps ripping up


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[BHC Vic]

Back to 12 puts the shorts back in the money I bet. So holding it would let them hedge in case it keeps ripping up


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Possible but my gut and all the channels I follow tell me different. We will find out for sure soon enough. I can’t wait

 

[KingofBeers]

But you think a hedge fund with millions out will hold it?

Yes. Given that they are a lot smarter than me and likely had a much better understanding of the options that were being sold and scooped up at ridiculous strike prices that day. Once way out of the money calls are in the money...there is almost 100% chance people are getting run over and there will be more way out of the money calls introduced to hedge those positions that are now underwater. Its just a vicious cycle.

 

[hallett21]

Possible but my gut and all the channels I follow tell me different. We will find out for sure soon enough. I can’t wait

I truly hope you guys kill it


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[BHC Vic]

Yes. Given that they are a lot smarter than me and likely had a much better understanding of the options that were being sold and scooped up at ridiculous strike prices that day. Once way out of the money calls are in the money...there is almost 100% chance people are getting run over and there will be more way out of the money calls introduced to hedge those positions that are now underwater. Its just a vicious cycle.

Well that’s kind of the basis for this whole movement. We are dumb money and they think they are smarter than us.

 

[shintoooo]

I did really well on AMC last week but missed the recent run. I bought some Late July AMC and BB Puts. I'm in CLOV now. I believe short % is over 35% and it's starting to move. Hoping that is the next big stock to move like AMC.

 

[BHC Vic]

I did really well on AMC last week but missed the recent run. I bought some Late July AMC and BB Puts. I'm in CLOV now. I believe short % is over 35% and it's starting to move. Hoping that is the next big stock to move like AMC.

I’ve been down on clov for a long time now. Talked about it in this thread. I think chamath is a money making machine though so I’ve let it ride for a few months. Hopefully it runs.

 

[hallett21]

I have too much CLOV I need it to run lol


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[BHC Vic]

Spac is back

 

[BHC Vic]

I thought SoFi would tank with the merger, but momma was wrong again

 

[KingofBeers]

Well that’s kind of the basis for this whole movement. We are dumb money and they think they are smarter than us.

Just be aware that just as retail learned a lot about the whole GME saga, so did the market makers and firms that run the big funds. They simply have much more data at their disposal and can see how everybody is positioned. If there is one thing ive learned over the years its to keep my distance from shit like this.

 

[BHC Vic]

Just be aware that just as retail learned a lot about the whole GME saga, so did the market makers and firms that run the big funds. They simply have much more data at their disposal and can see how everybody is positioned. If there is one thing ive learned over the years its to keep my distance from shit like this.

Stock moe mentions that a lot in his videos. At this point there is no reason to stay away. I’ve already profited and now it’s just exciting to watch. If it hits zero I’m still money ahead.

 

[BHC Vic]

For the record stock moe isn’t in on amc anymore either. He moved his money back into some ev plays. I’m willing to gamble it on this one. I said it months ago in this thread. Moon or zero