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Then where are my checks?
A lot of new crazy stuff on the GME board:
$GME MY CONSPIRACY THEORY 😳
— Super Robot (Jake S.) (@SuperRobotOTC) June 14, 2024
Today Roaring Kitty revealed his updated position showing he sold most of his calls and exercised 1/3rd increasing his common share position to 9,001,00 shares.
This is the EXACT same number of shares Ryan Cohen initially disclosed when he became… pic.twitter.com/VCd4pyqG0M
$GME 🚨
— Ripster📈📉 (@ripster47) June 13, 2024
🤔
Thoughts?? pic.twitter.com/MXV0yAn0pc
Knows what?
If Kitty had sold 120,000 21 June calls with a $20 strike yesterday, those calls would have closed in the very low single digits.
And if he'd exercised those calls, it would have cost him $240 million. That obviously didn't happen, either.
Exemplary, no?
Sure you do.
You appear to know less than nothing about me.
So RK buys/exercises for 4,001,000...
You need to get a grip on options basics. Kitty would either SELL his calls or exercise them. They are completely different things.
And how do we know that's Kitty's account? Apparently we don't.
What became of all those calls? People really shouldn't make shit up.
... going back on the Brenton Wood gold standard.
The what??
Sure you have. I mean this in the nicest possible way, but you're dead wrong about a great deal of stuff.
He dressed well:
That is expected of of drag queens.
I laid it on the line and called a spayed a spayed.
WTF?? I've never been sued for stock manipulation anywhere. I have been sued by a few pissy CEOs, usually for defamation. THEY were the manipulators. And I'm very careful never to defame anyone.
I gather that you, like so many other message board posters, never bother to check the disposition of lawsuits that interest you. Would you perhaps be referring to the hilarious action brought by Kenneth Eade?
And what do we call endless FTD's and fu..ery
The adults?
There are no persistent fails. GME is not on the Reg SHO threshold list:
https://www.nasdaqtrader.com/Trader.aspx?id=RegSHOThreshold
LOLOL!! So who was or is Trader Joe? And why the nautical theme? I find that weird.
So why are you here posting if you dont have a position? Are you planning on entering a GME position in the coming hours/days/weeks?
Because it's an interesting story.
She had to explain the immaterial distinction between the US market and overseas exchanges.
That is not what I "explained". At all. This is:
https://www.cmegroup.com/education/courses/introduction-to-options/understanding-the-difference-european-vs-american-style-options.html
Note:
European and American style options are not regional options. They are actually terms used to describe two different types of option exercise.
And THIS is why I posed the question:
The majority of CME Group options on futures are European style and can be exercised only at expiration. Some of the notable exceptions that have American style expiration are the quarterly options on the S&P500 futures contracts, SOFR options, and Treasury options.
Even though most CME Group options are European-style and can be exercised only at expiration, it is important for traders to understand style of option they are interested in trading.
Tell me: do you understand the difference between selling calls you've purchased, and exercising them?
I am betting that Kitty's account is not based purely on his profits for the past three years, that some big money has given him the cash and shares to play the GME market game we all have been seeing for the past few weeks. I am sure that is why he is not sweating bullets when his account goes down $10 million day after day holding all these volitile 120,000.
So you're saying someone's paying Kitty to manipulate the stock through his options position? You think both of them want to end in prison? The kind of manipulation you suggest is not difficult to detect.
There is no "of course" about it. Only American style options can be exercised early. And only about 7 percent of all options are ever exercised. Holders of options can, of course, always sell their calls (or puts).
You may find this helpful.
https://financhill.com/blog/investing/how-often-do-short-call-options-get-exercised-early#:~:text=Though%20the%20options%20market%20is,their%20contracts%20will%20be%20assigned.
But the Stock Market is all smoking mirrors...
A mine could collapse in an earthquake.
hmmmmm...
“I saw him [Scalise] in the hospital,” Trump said, according to a source. “I can tell your wife really loves you, Steve, because some wives wouldn’t care.”
Will he and Melania be celebrating his birthday together?
Maybe. But I doubt any other companies refuse to sell to the PA Liquor Control Board...
Oh I know. It's just for fun. It's sort of interesting. Eventually, I suppose, we WILL find out what Kitty did with those options.
Then at least they weren't making it up! I wonder where the mine--if it exists--is in relation to the volcano. If it's close by, there may not be a mine anymore.
Oh. I'm not really sure I follow the reasoning there. TJ's would still profit, no matter where it was sold.
Sometimes they do.
Frogs would be good.
Point taken. I know he doesn't have any real friends.
Some might say that the cost of living has risen in America, you should look around the world, America is quite reasonable.
But that doesn't make anyone feel better. As Stephanie Ruhle said, more or less: "You go to the supermarket and are horrified by the price of a London broil. You aren't gonna think: 'But it costs a LOT more in Portugal'"...
That's novel!!
Plenty of market bigwigs are the targets of SEC enforcement actions and DOJ prosecutions.
Unlike you, I dislike fascists. And Trumpty is very definitely a fascist, though he doesn't seem to know what the word means.
Where the markets are concerned, laws are made by Congress, and rules are written by the SEC and the CTFC.
GROOOAAAANNNN!!
That is really depressing.
Left has closed his position. What happens now makes no difference to him.
People who don't want to "play by the rules of the market" are just badly-behaved children. Many analogies are possible.
He behaves like an ass, but that doesn't matter to me one way or another. And I've never mentioned crayon-eating.
They could.
There was supposed to be a shareholder meeting today at eleven. But so many Apes tried to log on to it that the website crashed and management cancelled it.
So the stock dropped.