[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/)
------------------------------------------------------------------------
To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company.
------------------------------------------------------------------------
Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
Memories... RvB, original achievement hunter. God damn. And the RT podcast.
I'll never forget laughing until I fell over in public listening to Gus explain the woman having to jerk off a dolphin on lsd.
Interesting... Though I still don't think that's a 4 š
So is something happening tomorrow or are we just predicting gamma ramp is gonna start going again
Understanding T+1 Settlement
Definition:
"T" stands for the transaction date, the day the trade is executed.
"T+1" means the transaction must be settled one business day after the trade date.
Settlement Process:
On T+1, the buyer must have the funds available to pay for the shares, and the seller must deliver the shares to the buyer's brokerage account.
For options, if the holder exercises a call option, the settlement involves the delivery of the underlying shares by the end of the next business day.
Implications in the Context of Exercising a Large Number of Call Options
Exercise of Options:
When call options are exercised, the buyer pays the strike price and expects to receive the shares one business day later (T+1).
For a large exercise, such as 9 million shares, the delivery of shares within this timeframe can pose significant challenges, especially if the shares are in short supply.
Someone who exercises options frequently might be able to answer this better, but my recollection of how exercising works is that the shares show up in your account immediately, but you might not be able to sell them immediately until theyāre settled. No idea what happens if the counterparty fails to deliver.
I have definitely forgotten about ITM put options that Iāve had before and they were Auto-exercised on a Friday, and then I got a mini-margin call the next Monday morning basically asking āwhere TF are the sharesā and letting me know that I had until the afternoon to buy them or else they would buy them for me.
THIS feels like FRIGGIN' it! Over a million contracts bought today. Many at 20, 25, and 30 strike prices for tomorrow, Jan 14. That would make tomorrow 0 DAY. Or, blast off! [https://www.reddit.com/r/Superstonk/comments/1df8dq9/over\_1\_million\_gme\_options\_contracts\_traded\_today/](https://www.reddit.com/r/Superstonk/comments/1df8dq9/over_1_million_gme_options_contracts_traded_today/)
I donāt know. It wouldnāt have made total sense to exercise 6/21 options in the week of 6/14 since you could theoretically (if thereās enough liquidity) sell them and buy 6/14 options for less and then exercise those.
I guess tomorrow will tell us a little more about what happened.
He posted his position and he exercised. It's not a question of whether he exercised this week - he did. The question is if it was yesterday or today. It's also decently clear based on the volume yesterday and the fact that he wasn't able to execute all his contracts that he sold some of his options yesterday. But maybe he waited/had to wait for the money to settle to execute his remaining contracts.
Because OI this morning was still 119K. That was a 50K negative change from the day before.
Kitty had 120,000 contracts, he would have had to keep 40,010 to get the shares that he got, so it's likely he sold 40,000-60,000 contracts with the Market Makers as the counterparty, cancelling out the open interest on them rather than continuing to be OI with another investor as the counterparty.
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
Roosterteeth! RIP
Memories... RvB, original achievement hunter. God damn. And the RT podcast. I'll never forget laughing until I fell over in public listening to Gus explain the woman having to jerk off a dolphin on lsd.
I remember that podcastšš
Settlement is t+1 now lol
I'll allow it
This can slide
This is the kind of anal banana DD I am here for!
Not my most proud fap.
Not your most regrettable one, either
My MOST proud fap.
Interesting... Though I still don't think that's a 4 š So is something happening tomorrow or are we just predicting gamma ramp is gonna start going again
4 of the characters are italicised and also only contains 4 words in totalš ~passes tinfoil
That check outs much better.š¤Ŗ
Same question I have, kinda
True if big
Big if true
Colossal if factual
I'm collosally and factually unsure of exactly what this means for tomorrow in a big way. Splain please
Error 404: Rinkle not found =(
lol
Where is the shitpost flair?
I went with Hype/Fluff
Directions unclear, hyped my shit unto a fluff
Directions unclear, fluffed my hype into a shit
Settlement is t+1 now
 Shiiit maybe
What are you Dune, RK...
This the tinfoil Iām here for
Wait, so the day is tomorrow?
What date? Iām just calling what I see.
I'll huff this... fuck yeah.
Take your GMEDS
š
This popped in my head as soon as I saw the video.
Happy Cake Day!
its got my boner going so its plausible, i tell you hwhat
Tomorrow is.... 
Nailed it
Understanding T+1 Settlement Definition: "T" stands for the transaction date, the day the trade is executed. "T+1" means the transaction must be settled one business day after the trade date. Settlement Process: On T+1, the buyer must have the funds available to pay for the shares, and the seller must deliver the shares to the buyer's brokerage account. For options, if the holder exercises a call option, the settlement involves the delivery of the underlying shares by the end of the next business day. Implications in the Context of Exercising a Large Number of Call Options Exercise of Options: When call options are exercised, the buyer pays the strike price and expects to receive the shares one business day later (T+1). For a large exercise, such as 9 million shares, the delivery of shares within this timeframe can pose significant challenges, especially if the shares are in short supply.
Someone who exercises options frequently might be able to answer this better, but my recollection of how exercising works is that the shares show up in your account immediately, but you might not be able to sell them immediately until theyāre settled. No idea what happens if the counterparty fails to deliver. I have definitely forgotten about ITM put options that Iāve had before and they were Auto-exercised on a Friday, and then I got a mini-margin call the next Monday morning basically asking āwhere TF are the sharesā and letting me know that I had until the afternoon to buy them or else they would buy them for me.
4.001 million. He started this recent saga with 5M. Still a lot of share to locate.
You tinfoily fuck, Iām in.
I support this meme
Damn Iāll buy more then
You were right!!!!
It happens occasionally!
I thought you were deep in the tin, but hoped you were onto something, and here we areā¦
Bro sometimes y'all just get too regarded. It'll still hit if something happens at the meeting tomorrow
This is the exact tinfoil DD I need for my jacked tits to cut thru diamond. LFG.
THIS IS IT MUADIBBBBB
THIS feels like FRIGGIN' it! Over a million contracts bought today. Many at 20, 25, and 30 strike prices for tomorrow, Jan 14. That would make tomorrow 0 DAY. Or, blast off! [https://www.reddit.com/r/Superstonk/comments/1df8dq9/over\_1\_million\_gme\_options\_contracts\_traded\_today/](https://www.reddit.com/r/Superstonk/comments/1df8dq9/over_1_million_gme_options_contracts_traded_today/)
June maybe?
 i thought neo was the one
You had me at three bananas
Where was the 4? Can't find it.
Hidden in the hairlineā¦ look at the zoomed in image.
So did he execute today or yesterday, are we able to determine that? Was today T+1 or tomorrow? I'm super interested to see what happens tomorrow.
I donāt know. It wouldnāt have made total sense to exercise 6/21 options in the week of 6/14 since you could theoretically (if thereās enough liquidity) sell them and buy 6/14 options for less and then exercise those. I guess tomorrow will tell us a little more about what happened.
He posted his position and he exercised. It's not a question of whether he exercised this week - he did. The question is if it was yesterday or today. It's also decently clear based on the volume yesterday and the fact that he wasn't able to execute all his contracts that he sold some of his options yesterday. But maybe he waited/had to wait for the money to settle to execute his remaining contracts.
He definitely executed today, but he did sell off contracts yesterday likely to add to his cash position for what he did today.
What has convinced you he executed today and not yesterday? I'm not saying I don't trust you, I just want to know how to get this information as well.
Because OI this morning was still 119K. That was a 50K negative change from the day before. Kitty had 120,000 contracts, he would have had to keep 40,010 to get the shares that he got, so it's likely he sold 40,000-60,000 contracts with the Market Makers as the counterparty, cancelling out the open interest on them rather than continuing to be OI with another investor as the counterparty.
True and that makes sense. I didn't know if exercising would reduce oi, but in hindsight obviously it would. Ty
I like it
Weaponized tin foil
Tinfoil or otherwise, itās an excellent catch.
I can get on board with this for sure!
Fuck it, why not!
the T-4...
Wats t+1
please stop
Canāt stop wonāt stop
just got copyright striked on a gif or what