As most of you know, I have been trading as a second job for a while now. I was introduced to the market by my Grandmother and the Wall street Journal. When we went by the price the journal gave us, in fractions.
"What is 35 and 3/8th's of a dollar Grandma?", I remember to this day!
We were the little guys! I have blown up my accounts from 250k to 25k so many times I cant remember...hence I am not a Registered Financial advisor , so your trade style or methods are on you. In my opinion, what I see is horrific. Is this due to AMC or GME? It very well could be. But, that's an easy pin pointer, and the problem lies much deeper than that. Let's start out with what's going on with Game Stop and AMC
Naked shorts, what are they? From Investopedia : " Naked shorting is the illegal practice of short selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock or determine that it can be borrowed before they sell it short."
What is selling a stock short?
Investopedia defines it as: "Short selling is an investment or trading strategy that speculates on the DECLINE in a stock or other security's price. It is an advanced strategy that should only be undertaken by experienced traders and investors."
This means, for you simpletons, you are betting on the fact that a stock goes DOWN in price.
Lucky for us, even though there are a lot other ways to play the market, whether contracts (option trading), or buying the stock out right, WE KNOW WHAT WE CAN STAND TO LOSE OR GAIN ,RIGHT?
If your answer is no, move along. Buy a magazine on quilting or country living and make sure the bed is made! Wait, I make my bed...Never mind!
Believe it or not, it is always easier to bet on a stock going down then a stock going up. We know where a stock has been, therefore we can predict where a stock might end up in a certain amount of time. EX:
If we are in a stock that is at an all time high, we have different tools to predict, but they are a "Prediction" only.
Let's sum this up!
1.) A contract = 100 shares at a set price at a set date
2.) Naked Shorts are illegal this is done in a form of a contract or "Shares actual". This is the act of selling to a customer a contract of shares of stock that do not exist.
3.) A Put, is a bet that the stock will go down in price. This is known as a contract. (All contracts are options) Bearish.
4.) A Call option is a bet that a stock will hit a certain price at a certain date on the upside. Also known as a contract. Bullish
5.) I debated leaving this out but , I will say a put option can be bought to sell to open or buy to open and the same as a call option.
6.) All contracts = 100 shares, meaning if you see the number .36 on an option chain, you have to multiply that by 100, or 36.00
EX: a stock is going for 36 dollars a share and its call option is going for .36 a "Contract" or 1 call option we can either buy 100 shares of the stock for $3600.00 put that much out there to gain or lose. OR!!!!!!!!!! we can buy 100 "option to buy" for .36 OR enjoy the price action of owning a hundred shares at $36.00. I don't know about you, but I like less risk than more risk with the same amount of gains. I would rather put my neck on the line for 36 dollars than 3600 dollars for the same price action.
Understanding this fundamental is key to a new way or "Option" of trading. Instead of trading the actual shares, you are trading contracts for the right to buy or sell a commodity, aka a stock at a certain price.
OK hopefully we understand all of this, It is 3 am and "I must be lonely"...whatever I'm fucking tired.
Let's go over a concern of mine , that WILL play out in the next couple of weeks. This would be our 401k retirement packages.
We invest in our 401k programs in the hopes that OUR INVESTMENTS RAISE IN PRICE/ WE HOPE WE HAVE DIVERSIFIED OUR 401K IN STOCKS AND BONDS ENOUGH TO OFFSET EACH OTHER. We already know, we will outlive our 401k plans and our (hahahahahahahahahahaha Social security)!
With my experience and the due diligence of others I SPY something happening that is more than six shades of fucked up.
EX:
Sure, it was free hand jobs and conulingus for all that were investing, and those taking the money from the FED, also lets not forget my SUPERHEROS "The new investors" with their Covid relief checks.
What I want you to see is the big picture here. This is the chart from 2017 until present. This is not a normal chart during a World or Countries shut down moment.
Looking at the S&P which includes big names like Amazon, Apple, Exxon , Netflix, Tesla, NVIDEA ,Twitter, Google and Microsoft, all high tech, all allowed to stay open while mom and pops stores get crushed. The chart on the monthly is at its end. The Bullish wedge! Sounds fantastic, wedge and Bullish! Fuck'n aye Ray! "Roll out the barrels, we'll have a barrel of.. your children's tears, that didn't quite fill up our worlds oceans! A bullish wedge is the epidemy of buyers running out of steam. This on top of an uncertainty candle on the weekly? Pull out, pull out! easier to clean up a mess off her...than razing a child!
To make things worse. Our friend the ETF HYG has about 4 billion dollars of puts against it. For those of you who do not know , HYG is an ETF in the spdr series etf's (Exchange traded funds) aka (mass index of various companies)
EXPIRES *CALLS* STRIKE O/I VOL @@@@ PUTS@@@@
Jun 18 -- -- -- -- -- -- 79.00 0.02 0.01 -- -- 386 36460
Jun 18 7.13 -- -- -- -- -- 80.00 0.02 -- -- -- 1656 123207
Jun 18 -- -- -- -- -- -- 81.00 0.02 -- -- -- 85 186143
Jun 18 -- -- -- -- -- -- 81.50 0.02 -- -- -- 534 534
Jun 18 5.21 -- -- -- -- -- 82.00 0.03 0.01 -- -- 559 133339
Jun 18 -- -- -- -- -- -- 82.50 0.03 -0.03 -- 563 2791
Jun 18 3.20 -- -- -- -- -- 83.00 0.04 0.03 -- -- 636 171370
Jun 18 -- -- -- -- -- -- 83.50 0.03 0.01 -- -- 167 667
Jun 18 2.98 -- -- -- -- -- 84.00 0.04 0.02 -- -- 2169 205515
Jun 18 -- -- -- -- -- -- 84.50 0.03 -0.01 -- -- 2 149
Jun 18 2.19 -- -- -- -- -- 85.00 0.05 0.02 -- -- 876 177249
Jun 18 -- -- -- -- -- -- 85.50 0.04 -0.01 -- 1476 1452
Jun 18 1.69 0.07 -- -- 1 5014 86.00 0.06 0.01 -- -- 3764 223027
Jun 18 1.15 0.05 -- -- 1 1 86.50 0.07 0.01 -- -- 1302 36549
Jun 18 0.62 -- -- -- 53 155057 87.00 0.09 -0.01 1084 98212
Jun 18 0.27 0.05 -- -- 6332 24312 87.50 0.16 -0.01 -183 5264
Jun 18 0.02 -0.01 -- -- 5152 58840 88.000 .48 -- -- --13 902
Jun 18 0.01 -- -- -- -- 4 88.50 0.92 -0.09 - 10 5
Jun 18 0.05 -- -- -- -- 34935 89.00 1.42 -0.32 - 1 406
Jun 18 0.03 -- -- -- -- 2 89.50 -- -- -- -- -- --
Jun 18 0.01 -- -- -- -- 76
Generally bonds off set investor sentiment. To me this looks like both will suffer the wrath of irresponsible bankers at it once again. If not equal to, worse than 2008.
There will be no more bail outs. If there are bail outs by the American public , public executions should be held on our national television broadcasted stations. Yet another way the markets have failed the regular joe US tax paying , Defender of our rights citizens in a shit democratic power to one , none to many, system we call the US financial system.
What are our recourses? For one, immediately liquidate your 401k. Leave it all in as cash only , until things cool off. Enjoy the wealth and buy back in on the cheap.
If you are familiar with with options and how they work, including the Greeks, take a nice hefty position in VXX ETF calls or stock, also SQQQ inverse of QQQ ETF
Though Biased your other way out is by buying AMC and GME actual stock. This is the catalyst.
One thing us little guys need to remember is we are taking from a few bug guys and spreading that wealth to many little guys. It's actually great for our deficit , great for our children's futures , and making it a nice even level playing field for all of us. Giving all of us an equal and FAIR shot of doing ok in our recently realized mundane lives. The middle and lower classes will be forced to open up charitable funds allowing many of , what would be our future idiots, into full fledged college graduates. people will not be as hungry as they once were, and everyone has a fair shot to make it!
I can't anymore..im going to bed
youtu.be/h60jIKWa8to
"What is 35 and 3/8th's of a dollar Grandma?", I remember to this day!
We were the little guys! I have blown up my accounts from 250k to 25k so many times I cant remember...hence I am not a Registered Financial advisor , so your trade style or methods are on you. In my opinion, what I see is horrific. Is this due to AMC or GME? It very well could be. But, that's an easy pin pointer, and the problem lies much deeper than that. Let's start out with what's going on with Game Stop and AMC
Naked shorts, what are they? From Investopedia : " Naked shorting is the illegal practice of short selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock or determine that it can be borrowed before they sell it short."
What is selling a stock short?
Investopedia defines it as: "Short selling is an investment or trading strategy that speculates on the DECLINE in a stock or other security's price. It is an advanced strategy that should only be undertaken by experienced traders and investors."
This means, for you simpletons, you are betting on the fact that a stock goes DOWN in price.
Lucky for us, even though there are a lot other ways to play the market, whether contracts (option trading), or buying the stock out right, WE KNOW WHAT WE CAN STAND TO LOSE OR GAIN ,RIGHT?
If your answer is no, move along. Buy a magazine on quilting or country living and make sure the bed is made! Wait, I make my bed...Never mind!
Believe it or not, it is always easier to bet on a stock going down then a stock going up. We know where a stock has been, therefore we can predict where a stock might end up in a certain amount of time. EX:
Let's sum this up!
1.) A contract = 100 shares at a set price at a set date
2.) Naked Shorts are illegal this is done in a form of a contract or "Shares actual". This is the act of selling to a customer a contract of shares of stock that do not exist.
3.) A Put, is a bet that the stock will go down in price. This is known as a contract. (All contracts are options) Bearish.
4.) A Call option is a bet that a stock will hit a certain price at a certain date on the upside. Also known as a contract. Bullish
5.) I debated leaving this out but , I will say a put option can be bought to sell to open or buy to open and the same as a call option.
6.) All contracts = 100 shares, meaning if you see the number .36 on an option chain, you have to multiply that by 100, or 36.00
EX: a stock is going for 36 dollars a share and its call option is going for .36 a "Contract" or 1 call option we can either buy 100 shares of the stock for $3600.00 put that much out there to gain or lose. OR!!!!!!!!!! we can buy 100 "option to buy" for .36 OR enjoy the price action of owning a hundred shares at $36.00. I don't know about you, but I like less risk than more risk with the same amount of gains. I would rather put my neck on the line for 36 dollars than 3600 dollars for the same price action.
Understanding this fundamental is key to a new way or "Option" of trading. Instead of trading the actual shares, you are trading contracts for the right to buy or sell a commodity, aka a stock at a certain price.
OK hopefully we understand all of this, It is 3 am and "I must be lonely"...whatever I'm fucking tired.
Let's go over a concern of mine , that WILL play out in the next couple of weeks. This would be our 401k retirement packages.
We invest in our 401k programs in the hopes that OUR INVESTMENTS RAISE IN PRICE/ WE HOPE WE HAVE DIVERSIFIED OUR 401K IN STOCKS AND BONDS ENOUGH TO OFFSET EACH OTHER. We already know, we will outlive our 401k plans and our (hahahahahahahahahahaha Social security)!
With my experience and the due diligence of others I SPY something happening that is more than six shades of fucked up.
EX:
What I want you to see is the big picture here. This is the chart from 2017 until present. This is not a normal chart during a World or Countries shut down moment.
Looking at the S&P which includes big names like Amazon, Apple, Exxon , Netflix, Tesla, NVIDEA ,Twitter, Google and Microsoft, all high tech, all allowed to stay open while mom and pops stores get crushed. The chart on the monthly is at its end. The Bullish wedge! Sounds fantastic, wedge and Bullish! Fuck'n aye Ray! "Roll out the barrels, we'll have a barrel of.. your children's tears, that didn't quite fill up our worlds oceans! A bullish wedge is the epidemy of buyers running out of steam. This on top of an uncertainty candle on the weekly? Pull out, pull out! easier to clean up a mess off her...than razing a child!
To make things worse. Our friend the ETF HYG has about 4 billion dollars of puts against it. For those of you who do not know , HYG is an ETF in the spdr series etf's (Exchange traded funds) aka (mass index of various companies)
EXPIRES *CALLS* STRIKE O/I VOL @@@@ PUTS@@@@
Jun 18 -- -- -- -- -- -- 79.00 0.02 0.01 -- -- 386 36460
Jun 18 7.13 -- -- -- -- -- 80.00 0.02 -- -- -- 1656 123207
Jun 18 -- -- -- -- -- -- 81.00 0.02 -- -- -- 85 186143
Jun 18 -- -- -- -- -- -- 81.50 0.02 -- -- -- 534 534
Jun 18 5.21 -- -- -- -- -- 82.00 0.03 0.01 -- -- 559 133339
Jun 18 -- -- -- -- -- -- 82.50 0.03 -0.03 -- 563 2791
Jun 18 3.20 -- -- -- -- -- 83.00 0.04 0.03 -- -- 636 171370
Jun 18 -- -- -- -- -- -- 83.50 0.03 0.01 -- -- 167 667
Jun 18 2.98 -- -- -- -- -- 84.00 0.04 0.02 -- -- 2169 205515
Jun 18 -- -- -- -- -- -- 84.50 0.03 -0.01 -- -- 2 149
Jun 18 2.19 -- -- -- -- -- 85.00 0.05 0.02 -- -- 876 177249
Jun 18 -- -- -- -- -- -- 85.50 0.04 -0.01 -- 1476 1452
Jun 18 1.69 0.07 -- -- 1 5014 86.00 0.06 0.01 -- -- 3764 223027
Jun 18 1.15 0.05 -- -- 1 1 86.50 0.07 0.01 -- -- 1302 36549
Jun 18 0.62 -- -- -- 53 155057 87.00 0.09 -0.01 1084 98212
Jun 18 0.27 0.05 -- -- 6332 24312 87.50 0.16 -0.01 -183 5264
Jun 18 0.02 -0.01 -- -- 5152 58840 88.000 .48 -- -- --13 902
Jun 18 0.01 -- -- -- -- 4 88.50 0.92 -0.09 - 10 5
Jun 18 0.05 -- -- -- -- 34935 89.00 1.42 -0.32 - 1 406
Jun 18 0.03 -- -- -- -- 2 89.50 -- -- -- -- -- --
Jun 18 0.01 -- -- -- -- 76
Generally bonds off set investor sentiment. To me this looks like both will suffer the wrath of irresponsible bankers at it once again. If not equal to, worse than 2008.
There will be no more bail outs. If there are bail outs by the American public , public executions should be held on our national television broadcasted stations. Yet another way the markets have failed the regular joe US tax paying , Defender of our rights citizens in a shit democratic power to one , none to many, system we call the US financial system.
What are our recourses? For one, immediately liquidate your 401k. Leave it all in as cash only , until things cool off. Enjoy the wealth and buy back in on the cheap.
If you are familiar with with options and how they work, including the Greeks, take a nice hefty position in VXX ETF calls or stock, also SQQQ inverse of QQQ ETF
Though Biased your other way out is by buying AMC and GME actual stock. This is the catalyst.
One thing us little guys need to remember is we are taking from a few bug guys and spreading that wealth to many little guys. It's actually great for our deficit , great for our children's futures , and making it a nice even level playing field for all of us. Giving all of us an equal and FAIR shot of doing ok in our recently realized mundane lives. The middle and lower classes will be forced to open up charitable funds allowing many of , what would be our future idiots, into full fledged college graduates. people will not be as hungry as they once were, and everyone has a fair shot to make it!
I can't anymore..im going to bed
youtu.be/h60jIKWa8to
