hehehaha

8 ms·

31.
by hehehaha 6y ago
To be completely honest, you can’t beat RH and zero commish on options. But I only use it for trades that I can execute over the course of a day. Schwab/TOS is probably going to be the best discount broker when they complete the integr
32.
by hehehaha 6y ago
Imagine if you’re his wife (and I believe he has a young daughter) and saw that your husband is leaving a $11M trade on a 8 sigma type of event? I want to ask him so many questions. Like when did you tell your wife? How did she react? Did s
33.
by hehehaha 6y ago
As a derivative trader and some one who is constantly looking for mispriced assets from the upside (ie short), my number one concern when we have market turmoils is always broker liquidity. This is also why hedge funds have prime accounts d
34.
by hehehaha 6y ago
No, it’s zero sum.
35.
by hehehaha 6y ago
Yes, I was on Wall Street for awhile on trading desks, research etc. I’ve seen how the sausage was made. I only respected very few people with academic credentials who had genuine intellectual curiosity for the markets. Outside of that it’s
36.
by hehehaha 6y ago
The guy struck rich! Same with people who shorted crude last year when it went straight to -40. Billions were made.
37.
by hehehaha 6y ago
Yes, my comment was harsh. I am happy for the guy, really, especially as a Bostonian.
38.
by hehehaha 6y ago
Pretty misleading considering that they’re all institutions except for Ryan Cohen which I believe is also not a private stake.
39.
by hehehaha 6y ago
Really helps discredit this notion of retail vs hedge fund. Most people who frequently make “DD” posts to r/wsb have ties to the financial industry and Wall Street. They either work there or have worked there. And yet they are critical
40.
by hehehaha 6y ago
Zero. They actually learned their lessons from the past decade and have guard rails in place.
41.
by hehehaha 6y ago
That’s more than $1B at current price. Plus all the options which is probably more retail vs institutional. Options are definitely worth more than retail equity holdings.
42.
by hehehaha 6y ago
It’s owned by institutional holders. I doubt RH and r/wsb traders hold more than 5% even after today.
43.
by hehehaha 6y ago
RH was the number one downloaded app just a couple of days ago. They must’ve gotten at least a couple of hundred thousand new accounts. Even at $1,000 average deposit, you’re looking at hundreds of millions to cover for a day or two. That s
44.
by hehehaha 6y ago
I think the situation is exacerbated by the fact that RH gives up to $5,000 to new accounts without any collateral. Depending on the speed of bank transfer, RH might be on the hook to settle trades. Now, I imagine their new account trend wa
45.
by hehehaha 6y ago
This is so misguided. Why did people think they can put on a 8 sigma short squeeze on Robinhood of all platforms? That said this has gone mainstream and the ramification will be significant across the board from retail options to overall re
46.
by hehehaha 6y ago
MM is different from RH. RH would actually need to get collateral (or raise money) to allow its customers to trade GME at this volatility. I really think the anger should be directed at Wall Street and the Fed for creating a frothy investme
47.
by hehehaha 6y ago
As a Robinhood customer, please leave Robinhood. Please. I am so tired of dealing with r/wsb complaining about RH. They give you zero commish options. What more do you want?
48.
by hehehaha 6y ago
When markets move rapidly, and in GME’s case we are T-1 from opex, brokerages cannot manage risks effectively. They could actually be exposed quite a bit. With something like GME (probably an 8 sigma event) it could actually put Robinhood o
49.
by hehehaha 6y ago
As far as I know GME has not executed on any ATM sale which is very puzzling. Compare this to AMC which basically tripled its shares since last year. This leads me to believe that this is not all kosher. GME counsel is probably advising the
50.
by hehehaha 6y ago
No. As we approach Friday there will be greater selling pressure from all the weekly call buyers trying to cash out. This is because most retails who bought these options do not want to exercise the option to purchase. So what happens when
51.
by hehehaha 6y ago
There’s nothing wrong with >100% short interest. Think of shorting a stock as a derivative which it is technically. In fact, if you were to add up all the outstanding interests of call options for certain stocks, you are going to get mo
52.
by hehehaha 6y ago
It’s legal and to be completely honest was a pretty damn smart thing to do. I don’t think it’s David and Goliath. I feel like it’s Goliath using millions of Davids to do his bidding. Retail is getting used.
53.
by hehehaha 6y ago
I am tired of this misguided narrative that pits retail and r/wsb vs big bad wolf Wall Street hedge funds. This is not David and Goliath. There are hedge funds with deep pockets on both sides. Retail traders do not run sophisticated al
54.
by hehehaha 6y ago
Citadel made the most money from this debacle by a huge margin. From earlier last Friday, algos basically ran the stock. Retail and r/wsb make for entertaining headlines. But most people in the business knew this squeeze (perhaps not t
55.
by hehehaha 6y ago
More like a political disinformation campaign for stocks. Same formula different goals.
56.
by hehehaha 6y ago
What makes you think WS wasn’t profiting on the long side? These are professionals who live to exploit anomalies day in day out. Sure, retails made money but most of the pot went to...Wall Street.
57.
by hehehaha 6y ago
Is AMD booking sales before they manufacture the products? I can’t make sense of their sales.
58.
by hehehaha 6y ago
It’s a problem if let’s say a hedge fund buys a struggling stock such as AMC for example and decides to plaster the entire sub using hundreds if not thousands of manufactured accounts? It’s been happening for awhile over on r/wsb. It’s
59.
by hehehaha 6y ago
My point is don’t advertise your fund as “disruptive technology” and then proceed to list technology trends from the past decade. Not really disruptive is it? More like trend and momentum following.
60.
by hehehaha 6y ago
This reads like...Big Ideas from the past decade. I came away with nothing. And Bitcoin mentioned twice? No thank you.

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