Previous record was 47 points, Golden State Warriors’ 88-41 lead against Sacramento Kings in 1991-92 NBA season.
TLDR: GME likely to be very volatile next week around $30, $35, $39-$40 especially. 39/40 pass would force about 5m shares of net-buying by MMs, while passing through 30 is about 4.5m shares of additional selling. 36/37 and 31/32/33/34 are more stable. If price shoots up into the mid 50s 🚀🚀🚀🚀 , definitely duck for cover Friday. Margin changes are actually bearish. Consider being on a brokerage that pays to loan your shares to shorts if long, because it's very profitable. Shorts can be squeezed, but so too can longs who use call options, and shorts who use put options.
Important note: The massive melt-up we had this week was a GAMMA SQUEEZE. Options market makers had to buy about 30m shares (or cover short shares, thanks Melvin Capital, then buy) while going on that run from 20 to 40 to hedge their positions. That as you know is more than half the float. My belief is that gamma effects will continue to be a big deal - but less of a big deal than last week because we have less options near the money now. Ironically, Melvin Capital made this melt-up far stronger, contributing 5m shares of forced buying in a rapid spike at $24/$25.
I’ve seen a lot of discussions about GME over the past week that are missing important bull and bear elements in the thesis. This sub is so incredibly bullish 🚀🚀🚀🚀 that unsurprisingly, there’s more missing bear arguments than bull, and bearish information is sometimes perceived as bullish (such as the margin requirement increases, which I feel are net-bearish). But there's also missing bull information, namely that more new gamma ramps exist high than low it appears, and they appear pretty large.
I previously posted about some option dynamics last week, that seem to have played out to an extent. I actually lost money on my puts because the expressed vol was less than I thought, and Friday ended up playing out in a basically neutral way from a bull/bear perspective with a mere 10% drawdown. That post is here. I correct predicted the outcome, but didn’t predict the magnitude well enough and thus my trade sucked:
In this new post, I’ll cover what I know about current option structure (and will update once updated data for Friday comes out), and the implications (TLDR: Mostly, ex... keep reading on reddit ➡
I contacted TDA yesterday because of them limiting the margin on BB and GME and was asked if my positions would be sold because of an active maintenance call notice on my account.
They told me that after a margin call is sent out eod, I would have 5 business days to close my positions. After today’s complete restriction on these stocks, including the selling of covered calls to hedge losses, I contacted a manager from TDA.
During the conversation, she initiated my margin call and sold 600 of my BB shares at $15 a share, leaving me at a SIGNIFICANT loss. She then told me that, “That’s just how we are handling this situation, you should have known the inherent risks of investing before making an investment.”
I was then promptly hung up on.
HOW ARE THESE PEOPLE NOT IN JAIL???
TL;DR: You are a broke peasant with no rights, sorry.
Alright, I’ll try to make this as clear as possible. Market value if my account is $69k ($45k equity + $24k margin used).
I have another $14k in margin available and margin maintenance is $23k.
Someone explain to me why I shouldn’t just drop that remaining $14k on GME Monday. I currently have no stake in GME.
It’s my understanding that my margin maintenance amount is the minimum amount of equity I must keep to avoid a margin call. So considering I have enough equity to cover the margin call and none of that equity is in GME, why not go balls out and use every penny of my available margin to buy GME?
Next closest player is Pat Connaughton at 53%, who is one of a many bucks showing an improved stroke so far. Only 8 games for Curry but still an insane %. He's doing what they brought him there to do...
Lots of new people here who may not understand how brokerage accounts work. If you have a margin account, meaning you get instant deposit, instant settlement and you can only make a certain amount of of daytrades if you are under the 25k PDT limit, you signed up for a margin account.
Margin accounts let you trade with borrowed funds while your transactions settle, as opposed to a cash account in which you exclusively use your own funds to make transactions and have to wait a few days for them to clear before your funds are available again.
When you signed up for a margin account, you agreed that your holdings aren't necessarily directly yours. Instead, your holdings are held in your broker's margin pool which they lend out to other brokers and institutions while essentially writing you an IOU for your portion of the pool until you decide to transact again. The shares you bought are being lent out to others and the broker is collecting the interest in the meantime until you sell your holdings. This is one way brokers such as Robinhood and TDA make money.
The good news is the price action you're seeing right now is happening regardless of all of this. The bad news is buying and holding shares is probably allowing shorts to average down positions.
This info is in the margin account terms of service/customer agreement and RH has direct documentation saying they are lending your securities:
All right retards,
Some of you may have noticed RH increased their margin requirement on $GME for us.
This is a GOOD THING. Far too long I have sat on the sidelines in a margin account thinking I was helping out. Today is the day I transition to a cash account.
Why is this a good thing? Because if I change to a cash account RH can't pimp out my girlfriend $GME to the shorts who so desperately want to DP her sideways.
If you're holding $GME and can't buy anymore because your second mortgage is taking time to process, but you still want to help out, transition to a cash account to protect your GF.
Also, remember this could be a long game, I am begging you from the tip of penis to not get discouraged no matter what happens.
The bomb has not been dropped. When Cohen and the Company release any news, this will blow up. Until then, hold and wait.
I love you all.
Positions shown and I like the stock and truly believe in GME with or without the squeeze (which will cum).
I am not a financial advisor. Any risk you assume is your responsibility.
I can't seem to find a good explanation for something as simple as this. I see so many people say they use these unit's but no reason why?
Em refers to the parent element of course. And of course, px is a hard value that doesn't scale and em does, but how well does em scale to give responsiveness?
Is there a video or just a guide out there that can explain why em is the superior unit for margins/paddings?
Hello fellow investors! My first DD post here, I have been investing for 10+ years and lurking here for 6 months. YOLO’d $26k into ATDS last week and already up ~15%, it’s not too late for you to jump on the gain train. This company is extremely undervalued and the potential for growth is astronomical 🚀 🚀 🚀
Ticker – ATDS – OTCMKT Current price upon writing: $0.015/share
Please Read and do your own DD first before taking positions!!!
The Company is in the data security business operating as a cybersecurity software and services provider. As cybersecurity is a large market place, the Company is focused primarily on the data security sector of the market. Data security and privacy legislation, such as the European Union's General Data Protection Regulation ("GDPR") and the California Consumer Protection Act ("CCPA") , is driving significant investment by organizations to offset risks from data breaches and damaging information disclosures of various types. The Company provides solutions for the marketplace that are designed to protect data via cloud, hybrid, and on-premise architectures. Sensitive files and emails; confidential customer, patient, and employee data; financial records; strategic and product plans; intellectual property; and, all other data requiring security are the focus of the Company's suite of security products and protocols, allowing our clients to create, share, and protect their data wherever it is stored. Data443 delivers its solutions and capabilities via all technical architectures, and in formats designed for each client. Licensing and subscription models are available to conform to customer purchasing requirements. Our solutions are driven by several proprietary technologies and methodologies that we have developed and acquired, giving us our primary competitive advantage.
Leadership: CEO is Jason Remillard, who has held leadership IT positions at Deutsche Bank, TD Bank, RBC Bank, IBM, Dell/Quest Software, TUCOWS and others. Jason has been in information and data security for over 30 years with customers in virtually every country in the world. ATDS already has over 40,000 customers!
Here’s why I'm so heavily invested in this stock and believe in it's potential growth!!! Please read...
Does this have to do with my GME shares? or the PLTR call that is going to likely call 100 of my PLTR shares away tomorrow?
Has anyone else noticed this happen today at market close? I noticed my margin went down 23k and my maintenance requirement increased 23k. I called my broker and asked why and they said that GME has an "increased risk" and therefore they are now requiring all shareholders and shortsellers to have a minimum 70% maintenance requirement. Any thoughts and/or anyone else seeing this with their brokers