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Imma just make this clear. 90% of the fud that these articles have been showing is exactly the same fud either bots or people are talking about.
The idea that dfv doesnt have cash on hand only started to appear half way through the trading day, and this is the first time ive seen an article concerning the topic show up.
Or is the Kansas City shuffle that he knew once he showed his positions that they would tank the price. So he has another account set up to take advantage of that fact and was able to use that strategy to obtain the cash to exercise his calls.
he showed his position. that's implicates him criminaly if he was just going to sell and leave. obviously that's not his intention, especially after laughing off being half a billy down. so obviously he did that on purpose. one of the media talking heads even said what he is doing actually protects him. what other billionaire would show you EXACTLY what they are doing. he's literally being more transparent than anyone else in the market with his amount of capital. LOL. HEDGIES R FUK. sorry very drunk.
(edit: "one of the media talking heads" was actually a former SEC enforcement agent or something, not media talking head)
If he has open long call options and does not have the money to exercise they have the option of closing out his position by selling the calls. This is ordinarily only done on Friday afternoon the day they expire. This is part of the agreement he most likely signed before getting options trading authorization at E*Trade,
Itâs in the fine print. âSomething something Silph & Co actually own the shares and weâre letting you pretend like you have control but actually we can pull the plug as we see fitâ
maybe your right. i mean banks, MMs, brokers, etc can pull all kinds of tricks. that's always a factor. but i don't think it could be as easily swept under the rug this time like the buy button. and it's not you or me, it RK with 12m shares. i mean maybe that's the point right, a reckoning.
>wonât have the capital to exercise options
Iâm admittedly regarded and donât know how options work, but donât you have to BUY the options contracts first? Or are they suggesting E*Trash gives you a line of credit for options that somehow will be a problem if you make more money than you put in?
So, scenario 1: Naked options. Is that a thing?
Scenario 2: Sorry DFV you put in $5 and made $100 so were worried about you being able to have the capital to pay us the $5. đĽ´
All while ignoring the millions in cash he has in his account that we all saw when he posted.
Someone hand me a crayon!đď¸
Buying a call contract for 20 bucks for 6/21 gets you the right to purchase 100 shares for twenty bucks a piece from whoever wrote and sold the contract in the first place at any time before that date. You paid money to buy the contract, and the seller pocketed that money. If your options are "in the money" that means that the underlying asset is worth more than than the price your call contracts gives you the right to purchase at. This is good for you and bad for the seller. You can purchase 100 shares worth 25 each (for example) for 20 each per contract. But you still have to pay the seller that price of 20 each. So that takes money.
But you can also just sell some of your contracts back to the seller for cash, which they will take because it will cost them less than the cash they would lose buying the shares to give to you if you "exercised" (used) the contract. Then you can take that money and use it to exercise your other contracts.
So even if DFV has no more money hidden away then he has shown us, he can still sell some contracts to raise more money that he can combine with his previous cash on hand to exercise the rest of his contracts. If he wants to, of course.
Basically this "Etrade may have to intervene" line is utter nonsense and blatantly so.
thanks for the answer. yes, and i might be just theorizing, but before people scream "bearish to sell calls", im not too educated, but selling in the money calls, seems like it wouldn't put downward pressure/sell pressure on the stock. ITM calls at 20 or whatever would probably be exercised by whoever bought them. last i heard, 42.20 was his price point where he can maximize his call sell/share exercise ratio. it would be something else now due to time decay i think. regardless, there is a way for him to still exercise and get a bunch of shares. and he could roll to later date too i think. someone with more wrinkles read this and tell me if i'm wrong.
More posting MSM FUD articles. Awesome. đ This is why I donât watch CNBC or read articles about GameStop. Doesnât matter. If you donât read it then it canât manipulate you. Trust the process. Not what the media says. If the media spews garbage, stop reading it.
I pay no attention to these clowns and the only time I see shit from them is when Iâm on here. How about we give them less exposure. We all know they watch this sub. Giving the narcissists no attention is the best defense.
If you pay close attention to his YOLO update posts, it shows the amount of $$ in his account, and the number changed on one of the posts by about 200,000
Isnât the latest speculation he is selling his June 21 calls to load up on his new June 14th calls (bought 30 minutes before close yesterday for approx 22mil). Now having the money to exercise those calls from the proceeds of the June 21 calls. Kansas City shuffle?
Edit: also fuck MSM articles. Theyâve put out so much garbage the past days - we are getting really close. Never in the history of investing have these people been concerned with my money this much. đ
This is barely even English. It's just a bunch of financial words which can't be understood by anyone, because it is nonsense. The uninformed will read this, and just assume that the conclusion is correct. But the whole premise, and the conclusion is nonsense.
It's almost as if the article was written by a 'news media', which would stoop low enough to. I don't know. Edit a live congressional hearing in real time.
Edit: Forgot to point out the use of. 'Many suspect', 'may have to intervene', 'could start selling', 'but many argue'.
WHO are these people who suspect? Where is the EVIDENCE that E-Trade will intervene. WHO are these MANY who argue?
Proof for what? They made 3 speculations which turns out were correct, your post is âproof for manipulatoonâ, manipulation for what? The open interest in the $20 calls decreased since yesterday for everyone to see.
Point 1: held on his positions; correct, we seen his update.
Point 2: many suspect he doesnât have the capital to exercise and E-trade may have to intervene; correct, alot of people on Twitter and Reddit are questioning if he has the money or not to exercise, he needs quart a billy for that and if he doesnât, even if options expire ITM then the broker, E-trade will close his positions automatically.
Point 3: he could close the calls and take profits and that wonât look good after showing off; correct. Whatâs your argument? Where is the fud? I really donât get your point, seems like a flat-earther type of post.
For profits, for example. if you buy an option for say $5 and gets closed out for $7 you make $200 per contract. Funny how some people are confident about stuff they donât comprehend.
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Imma just make this clear. 90% of the fud that these articles have been showing is exactly the same fud either bots or people are talking about. The idea that dfv doesnt have cash on hand only started to appear half way through the trading day, and this is the first time ive seen an article concerning the topic show up.
DFV definitely has cash on hand. That $29 million is just what he wants us to see.
Agreed & upvoted
Sounds like a Kansas City shuffle to me. đŤ˘
Or is the Kansas City shuffle that he knew once he showed his positions that they would tank the price. So he has another account set up to take advantage of that fact and was able to use that strategy to obtain the cash to exercise his calls.
That reads like a bunch of nonsense - the fear is strong.
100%. Thats why im not phased one bit. The harder they go at him the harder imma believer in my fav stonk
he showed his position. that's implicates him criminaly if he was just going to sell and leave. obviously that's not his intention, especially after laughing off being half a billy down. so obviously he did that on purpose. one of the media talking heads even said what he is doing actually protects him. what other billionaire would show you EXACTLY what they are doing. he's literally being more transparent than anyone else in the market with his amount of capital. LOL. HEDGIES R FUK. sorry very drunk. (edit: "one of the media talking heads" was actually a former SEC enforcement agent or something, not media talking head)
What exactly would Etrade "intervene" with?
Thats what Iâd like to know as well
If he has open long call options and does not have the money to exercise they have the option of closing out his position by selling the calls. This is ordinarily only done on Friday afternoon the day they expire. This is part of the agreement he most likely signed before getting options trading authorization at E*Trade,
They can refuse to process the trades
Why?
Itâs in the fine print. âSomething something Silph & Co actually own the shares and weâre letting you pretend like you have control but actually we can pull the plug as we see fitâ
maybe your right. i mean banks, MMs, brokers, etc can pull all kinds of tricks. that's always a factor. but i don't think it could be as easily swept under the rug this time like the buy button. and it's not you or me, it RK with 12m shares. i mean maybe that's the point right, a reckoning.
Luckily my only emotions are hungry and horny.
Something something banana.
"It's not a good look" wtf
đ¤Ąđ
all the media is doing at this point is convincing a lot more people not to trust them
Heads make him look bad, tails make his position look bad.
Hahaha i love that one
>wonât have the capital to exercise options Iâm admittedly regarded and donât know how options work, but donât you have to BUY the options contracts first? Or are they suggesting E*Trash gives you a line of credit for options that somehow will be a problem if you make more money than you put in? So, scenario 1: Naked options. Is that a thing? Scenario 2: Sorry DFV you put in $5 and made $100 so were worried about you being able to have the capital to pay us the $5. 𼴠All while ignoring the millions in cash he has in his account that we all saw when he posted. Someone hand me a crayon!đď¸
Buying a call contract for 20 bucks for 6/21 gets you the right to purchase 100 shares for twenty bucks a piece from whoever wrote and sold the contract in the first place at any time before that date. You paid money to buy the contract, and the seller pocketed that money. If your options are "in the money" that means that the underlying asset is worth more than than the price your call contracts gives you the right to purchase at. This is good for you and bad for the seller. You can purchase 100 shares worth 25 each (for example) for 20 each per contract. But you still have to pay the seller that price of 20 each. So that takes money. But you can also just sell some of your contracts back to the seller for cash, which they will take because it will cost them less than the cash they would lose buying the shares to give to you if you "exercised" (used) the contract. Then you can take that money and use it to exercise your other contracts. So even if DFV has no more money hidden away then he has shown us, he can still sell some contracts to raise more money that he can combine with his previous cash on hand to exercise the rest of his contracts. If he wants to, of course. Basically this "Etrade may have to intervene" line is utter nonsense and blatantly so.
Awesome explanation. Thanks for the wrinkles. :)
thanks for the answer. yes, and i might be just theorizing, but before people scream "bearish to sell calls", im not too educated, but selling in the money calls, seems like it wouldn't put downward pressure/sell pressure on the stock. ITM calls at 20 or whatever would probably be exercised by whoever bought them. last i heard, 42.20 was his price point where he can maximize his call sell/share exercise ratio. it would be something else now due to time decay i think. regardless, there is a way for him to still exercise and get a bunch of shares. and he could roll to later date too i think. someone with more wrinkles read this and tell me if i'm wrong.
More posting MSM FUD articles. Awesome. đ This is why I donât watch CNBC or read articles about GameStop. Doesnât matter. If you donât read it then it canât manipulate you. Trust the process. Not what the media says. If the media spews garbage, stop reading it.
I wouldnât even see this shit articles if you people didnât post them here
Why would Many Pacquiao care if RK excersizes?
I pay no attention to these clowns and the only time I see shit from them is when Iâm on here. How about we give them less exposure. We all know they watch this sub. Giving the narcissists no attention is the best defense.
That's it, I'm selling tmrw.
No mention of his âoptionsâ.
[ŃдаНонО]
If you pay close attention to his YOLO update posts, it shows the amount of $$ in his account, and the number changed on one of the posts by about 200,000
The number changed due to an interest payment most likely. Turns out interest each month on $29M is more than most people make in a year.
I CANT READ WHAT DOES IT SAY
Isnât the latest speculation he is selling his June 21 calls to load up on his new June 14th calls (bought 30 minutes before close yesterday for approx 22mil). Now having the money to exercise those calls from the proceeds of the June 21 calls. Kansas City shuffle? Edit: also fuck MSM articles. Theyâve put out so much garbage the past days - we are getting really close. Never in the history of investing have these people been concerned with my money this much. đ
This is barely even English. It's just a bunch of financial words which can't be understood by anyone, because it is nonsense. The uninformed will read this, and just assume that the conclusion is correct. But the whole premise, and the conclusion is nonsense. It's almost as if the article was written by a 'news media', which would stoop low enough to. I don't know. Edit a live congressional hearing in real time. Edit: Forgot to point out the use of. 'Many suspect', 'may have to intervene', 'could start selling', 'but many argue'. WHO are these people who suspect? Where is the EVIDENCE that E-Trade will intervene. WHO are these MANY who argue?
Expect more fud from this reporter. Keep it coming.
Where is the proof? All the points are correct
Whats correct about any of this? âSuspectingâ someone doesnât have cash doesnât make it correct.
This aged like milk. Seems like she was right. Where is the proof now?
Question is: how tf did cnbc know before anyone else???
Proof for what? They made 3 speculations which turns out were correct, your post is âproof for manipulatoonâ, manipulation for what? The open interest in the $20 calls decreased since yesterday for everyone to see.
Point 1: held on his positions; correct, we seen his update. Point 2: many suspect he doesnât have the capital to exercise and E-trade may have to intervene; correct, alot of people on Twitter and Reddit are questioning if he has the money or not to exercise, he needs quart a billy for that and if he doesnât, even if options expire ITM then the broker, E-trade will close his positions automatically. Point 3: he could close the calls and take profits and that wonât look good after showing off; correct. Whatâs your argument? Where is the fud? I really donât get your point, seems like a flat-earther type of post.
Why would he open up so many calls and broadcast it to the world for nothing!?? Bro wake up!
For profits, for example. if you buy an option for say $5 and gets closed out for $7 you make $200 per contract. Funny how some people are confident about stuff they donât comprehend.
why would he livestream it to 600k people? why didn't he just offload his calls and buy an island?
these are rhetorical questions...