$GME thread
I first noticed $GME flow on 4/25 when the stock was at 10 but saw May 15 calls which were 50% OTM. They were bought for 0.3 now at 30.
Those calls initially didn't move much although $GME spiked from 10 to 12. Was looking at the weeklies then
But this was a
$PTON more squeeze calls
Looks like i could have just did this week 3 calls instead of last week 3 calls and still did pretty well
I'm being way too ST
Honestly maybe i should have just tagged along the May $GME 12C flow
The 5/3 12C also went from 0.15 - 0.75
Weekly 11C 0.1 to 1
So honestly best way to structure it would have been 50% weekly 11C to sell at 12. And then another 50% in the May 12C betting on a potential squeeze
@Alphaholic1
Obviously 2) coz we can use that opium FCF to get a SBA loan to buy up another farm in a neighboring country and roll it all up waiting for a PE firm to put a bid in.
For my new followers, I basically posts unusual option flow observation and ideas
If i mention a stock entry price with a stop loss/price target is an idea. I would pay more attention to those.
If i don't and just post the flow, take it as an observation.
I also use twitter as
Looks like $kkr was the winner here!
So the reason I picked $kkr over $apo $bx is that $kkr flow was stronger and weirder. You do see flow in $bx $apo once in a while but very rarely in $kkr. Hence choosing $kkr over the other two
Might have just been luck though
@bryancsk
You get to not be seen as the failure during Christmas family dinners. Because your parents were both tenured professors.
That I feel is like 80% of kids I see who want to go into academia. Because their parents were in it.
Malaysian food the most underrated food in the world.
All the Singapore good food the world drools over, comes from Malaysia
Willing to die on this hill 😆
Taste Atlas ranked the 50 best breads in the world and its
#1
choice is Malaysian roti canai.
Glorious write-up:
“The mastery of roti canai lies in its preparation, as the dough is skillfully pan-fried to create a heavenly juxtaposition of a crispy, golden-brown exterior and a
Integrated the 'Repeated Hits (*)' Flow-Alert into the flow feed. You can toggle this feature on by scrolling to the very bottom of the filter menu and turning on 'Aggregated Trades'.
Upon doing so Flow-Alerts that match the 'Repeated Hits' rule, in which the aggregated alert
@ari5000
Just following the flow
My gut instinct is that now that the stock went down because of "deal silence", someone's gonna come up with some new "rumor" update to pump it
Reviewing this $DJT idea earlier. Went from 0.6 to a high of 3 into the verdict
Didn't have any conviction on what the results would be but felt the calls were cheap given there was an event coming up as the stock held 44
Similar to playing a momo move into ER and riding the
Crazy that the 1DTE 13C for 0.25 would have gotten there
No way i would have done those but next week 13C would have been good when i first noticed the May 30C flow
Those $GME calls 0.2 to 2 in 2 days
Honestly $GME action this week identical to last week. Weird way OTM call
@Facts_Stats_
@TrungTPhan
Malaysian food is basically Asian fusion of Indian, Chinese and Malay foods. And not the “I’m a wannabe cool new restaurant” type fusion, but literally a century or more of slow local integration over time. Most of South East Asian foods one could argue are like that due to
11/ I would be long healthcare ( $DVA, $KANG), education ( $EDU, $TAL), travel ( $CTRP, $CCL, $RCL), food, and pet food! A lot more pets on the streets this time around.
$JANX saw some action yesterday but prob just some drug data news
I tend to ignore biotech flow because i have no idea how to consistently track all the data dates
Just finished the Bridgewater book on the plane ride. Was generally a fun read for someone who’s never worked there but heard rumors of, but there was nothing in there that would help with investing/trading.
Things I learnt:
1) bridgewater sounded pretty close to what it was
Wanted to share something a lil personal on suicide
Have been down that path several times during absolute lows in my lifetime.
The one thing that (surprisingly) helped me was framing my life as a call option.
At the moment when I can't imagine how things can possibly get
If you think your problems—financial, legal, relationship, emotional, or otherwise—are so insurmountable or shameful that the only way out is to end your life: You are WRONG.
If you think your family, friends, and loved ones would not be devastated in your absence: You are
The crazy thing here is that there’s actually no economic incentives for
@the
transportation players to fix the problem. The worse the bottlenecks gets the more money they can charge!
This is a great read. Our supply chain problem isn’t a “bottleneck” at the ports. It’s the systemic collapse of an over-levered, financialized transport industry. Ports, warehouses, containers, trucking, rails … it’s all connected and it’s all fucked up.
@SJosephBurns
Black Box Thinking - made me realize how some processes never improve because negative feedback are inherently not recognized from the process. Ex: hospital deaths from surgical complications. The dead can’t tell you what you did wrong. Vs airplane crashes with black box analysis
Instead of just following the flow, what i did instead was try to time the squeeze by doing front week weeklies instead of just tagging along the May flow
As you can see, the highest open OI today were the May 25/30C
In hindsight this was probably someone setting up a gamma
Think if anything happens to $gme it’s happening on June opex. Prob just chop around before that. Prob look into it Thursday before that.
I’d expect a fade to 24 at some point. And that’s the time you’d wanna get in
I think it can legit get to 100 by June opex due to the huge
Colorado surprisingly had the freshest Sushi and Poke. Better than Texas
Turns out it's because Denver is a commercial flight transit hub from Japan and a lot of fish flies through Denver
Looking back, I'm such an idiot not buying $NVDA in 2018.
This is because my new job in 2018 was literally recoding an outsourced actuarial valuation software into an internal CUDA model using NVDA GPUs to save us time and money on our daily production runs.
I always tell my
Here's my take on $FFIE
$FFIE short idea was based on:
1) Terrible money losing business
2) Death spiral financing - has to constantly issues stock to get more money or else go BK (similar to $BBBY)
3) NASDAQ delisting because stock price was so low
$FFIE short interest started
This was my first real trade, arbing a ratio of GM bonds and $1 puts into its bk date
If bk, bonds 0 but puts 3X
If no bk, bonds 4X but puts 0
Turns out stocks don't go to 0 even if they are ACTUALLY worthless
My bond AND puts went to 0 as GM stayed above $1 for a loooong time
Retweeting this. Anyone got any ideas?
$CORZ was one i looked at at the beginning of the crypto run as it was lagging because it just came out of BK. More than doubled in a month
$ASTS was also a de-SPACs
Ppl got so burnt from SPACs that everyone vowed to never touch them ever
10/ The Shanghai Starbucks Roastery was packed and charged 2X price for everything. There were 2 starbucks right outside the roastery. People looking for unique experiences.
I believe there’s at least 1-2 large institutional hedge funds out there loading up on $FNMA $FNMAS the last two weeks. I built a 20% portfolio position (16% preferred / 4% common) in early December at $2.50 / .77 avg respectively, and wrote up an investment memo to outline /
$ZIM call flow. This is VERY weird since ER is 3/13 after 3/1 expiry
Traders are expecting something imminent but maybe the safer play is to just buy 3/8 13 calls for around 0.4 which lets you hold till 3/1