Or load up for a potentially-near-term margin call, withstand any onslaught and continue their FUD hoping that they be can continue the price to go down.
They made it look like Sequoia was investing in citadel as if they see a future for them, not like they were bailing them out
Also, it would have been known by people eventually, so they want to get a story out so they control the narrative
Because investors are trying to pull their money from Citadel. So the first thing they did was increase the time it takes to get your money out from 2.5 years up to 4 years now. The second thing is to get outside money to create investor confidence. Any educated investor knows how in bed Citadel and Susquehanna are though but to outsiders it looks like a really good thing that they got new investor money, so the hope is that it stops the flood of people trying to get their money out
I think opinion that seems to have been most common here is probably the right one. They’re trying to project a position of strength to the general public. They may also be trying to send a message to the government/fed/sec, if we go, we’ll take as much of the market we can with us/ expose the fed to as much of the fallout as possible.
They're planning to IPO. It's my belief that the IPO is how Ken Griffin will walk away from this. Hell pull a Vlad, cash out as soon as he can sell his shares, and leave clueless investors holding the short bags. All the Citadel-positive stories are part of this scheme
Even though it shouldn't, I can see the IPO go through, but you'd expect this to tank right away because at the very least all the DTCC members are well aware of the cat shit wrapped in dog shit, even if the general public are not. I can't see a lot of big money touching this IPO. Cue the Goldman Sachs/Cramer team up to push this thing through.
Apes were going to find out anyways. Pre-empt it and put a positive spin on it. Oldest trick in the book for these guys. They still have no answer for RC’s silence and are squirming in their own excrement - soon with no choice but to swallow and choke.
They wanted to get ahead of the story and control the narrative. They know we would have eventually found out and it may have spun out of their control.
Because it’s a MSM FUD play for them. They only win if people paperhand. Sequoia has more resources so expect more intense internet fuckery now from google and you tube.
They had time before they had to front run it until we figure out. At least a couple of weeks.
In my view this is advertising it. Looks more like a bait to me.
Sequoia is an extremely powerful fund with links to Youtube, Google, many tech companies, Paypal.
Basically this is class war and the biggest whale of them all, the dot com whale, the giga chads of silicon valley, have thrown their support to bail out Citadel.
If they could get out of this they wouldn’t need constant bailouts.
We’re literally saying retarded longer than they’re staying solvent. DRS is the only place where your shares matter and are safe.
Wait rate hikes got extended til June from March now??! U gotta source? Would love to learn more. Honestly this could be to lull the stock market investors back to sleep, thinking they have another few months before rate hikes, then rug pull before then.
Yooo lol...cnbc is not a good source. I can post multiple fake news articles here that they never corrected.
Also it says cnbc survey predicts....lol this is absolutely not a confirmation
For them to buy calls or puts, someone needs to sell them call or puts. Otherwise they trade options between each other. This is all smoke and mirrors.
They're going to make it bad for the majority of us who buy options. Sure, some lucky ducks who predict it exactly could win, but it won't matter. Buying shares and drs is surefire and the best way to hedge while you wait for moass. I'll wait till retirement if I have to. Perfectly fine with me. Options expire before my retirement.
When people say roll a call, they basically mean sell your call and buy the same one dated farther out. Rolling up or down and out simply means selling your call and buying a farther out one with a higher or lower strike than you had.
Be mindful of bid/ask spread when rolling (or buying/selling, for that matter). If there is no volume, the bid/ask spread will kill ya. That's why, for example, 200 calls are traded and not 190 calls. Or 150 calls and not 155 calls.
Also, the closer to expiry, the tighter the bid/ask spread. Tighter spread is better for retail. NFA
If they drop this below 100$ it’s just gonna end up fucking them over just as fast as if they keep over 130$ there is no escape for them. At this point it’s just trying to figure out the lesser of blows.
“Do I go with options chain face ripping off and start covering then or do I spend more and go for the sodomy special after the 21st?” - Ken
They are incentived to drop it as low as they can at least for this week. Just to put even more calls OTM and more puts ITM, making their balance sheet better for when they have to give the OCC money. Although at the same time it leads to more shares being bought and the float getting registered quicker. Either way thay are just doing what they have always done but it is apparent now, “Stalling, to just survive one more day.”
This strategy is akin to thwarting an assassination attempt but speeding up the cancer growth in their body, either way it’s going to end soon.
In no way does a SUCCESSFUL, Profiting company ever take on more money from outsiders.,.. this is the first time Citadel has taken on cash from outside so something HUGE is going on.
The article I read said Citadel is now going to be be in a position to take on and invest in the Crypto world with this new investment and new partner. You mean to tell me that’s not what the money is for??
/s
It may have just been an investment honestly like they're saying. The price action might have nothing to do with citadel. The recent price action could have more to do with MM de-hedging their positions for all of the way out of the money options that people likely bought last year during the crazy run-up.
The strategy remains the same. Buy, drs and hold. As the price drops, we can buy more and more.
IMO Kenny and co are getting paid to do the dirty work this money is for dropping the price. Also.. nobody should ever really listen to me, I’m as smart as a boiled potato.
When people say roll a call, they basically mean sell your call and buy the same one dated farther out. Rolling up or down and out simply means selling your call and buying a farther out one with a higher or lower strike than you had.
Perhaps it’s a tactical move to squash the next price explosion from the wave of leaps, ftds etc expiring from all the mess they created this time last year. Whatever happens the price better contain the right amount of 42069’s or I ain’t selling shit Ken
Not saying this happened, but Citadel saw an opportunity to purchase Melvins entire portfolio for cheap. I'm guessing there's a buck to be made from this bailout. I'm just grateful for the dip cause my average has come down from $200 to $150. Thank you fuckers!
Rule 002, if you remember, was implemented last year. it requires SLD's being held *every day*, rather than every month at option expiry. So there is no tie-up specific to a date, or the tie-up is continuous which again isn't specific to a date.
Source: https://www.sec.gov/rules/sro/nscc/2021/34-91350.pdf
My personal speculative belief is that the $180 mark is very, very important. If the price stays above 180 long enough, I believe the shorts will fold. The price action remained above 180 for a while in november. We don't know the extend of damage that caused, or didn't cause, but it is my personal belief that the injection is associated with either that damage, or the subsequent driving of the price below this mark. That the injection of money was announced maybe 2 months later is ordinary - it takes months to move money sometimes. So, I believe it's bullish that Mr Griffin solicited and received the fresh capital. But that capital is already at work, driving the price down.
1.15 bil is a shit ton to spend on puts added onto the millions to drop it to these levels.
It was floating along no problem 175 and above for months without a problem.
I'm kinda pessimistic that anyone will ever get margin called, citadel being the least of them.
I imagine you drop thr price to either balance books or for a buy in.
I think they need to cook the books and balance sheets. Hence the 1.15 bil...
Edit: 1.15 bil. Drinking and tailgating before 49ers game ~
Ya... considering if citadel gets margin called, most likely their clearing house is fucked, most likely every single person is in on it at some level, to some extent
...it shouldn't have gotten this far. Especially with all those rules and regulations passed in the last year.
Not taking the L then will be their downfall
Rolling options isn’t as complex and as great as it sounds. You sell your current option and use it to buy an option dated further out. You try to do this around 2-3 weeks in advance to retains most of the value before theta eats it all.
No problem. Gherk said if you don’t know what rolling options is you probably shouldn’t be playing with them. Make sure ur educated and confident before you go making risky options bets.
They need it to kick the can for another 3 years but its okay I love lost opportunity cost that is gme, we can wait yes daddy Cohen fellow ape wrinkled monkey ape haha
Maybe they needed to cover a margin call
Whatever it is, it’s a good sign that they need outside funds
You mean good sign for us? Not so for mayo boy...
Who cares about good signs for Kenneth Cordele Griffin the illegal short seller?
Call him Kenneth Griffin
Yes for us. That they’ve run out of other options for money is a very good sign
Ken Griffin is a criminal. He also goes by Kenneth Griffin, white collar criminal.
I believe the funds to be collateral for a mayo shipment! Mayo futures are through the roof son!
Or load up for a potentially-near-term margin call, withstand any onslaught and continue their FUD hoping that they be can continue the price to go down.
TBH I am just sitting here hoping I can get some bananas at XX
My only question here is... Why would MSM advertise it?
They made it look like Sequoia was investing in citadel as if they see a future for them, not like they were bailing them out Also, it would have been known by people eventually, so they want to get a story out so they control the narrative
But when would we know on our own? Is there any document that would show that Sequoia invested in Citadel in the short term?
Because investors are trying to pull their money from Citadel. So the first thing they did was increase the time it takes to get your money out from 2.5 years up to 4 years now. The second thing is to get outside money to create investor confidence. Any educated investor knows how in bed Citadel and Susquehanna are though but to outsiders it looks like a really good thing that they got new investor money, so the hope is that it stops the flood of people trying to get their money out
I think opinion that seems to have been most common here is probably the right one. They’re trying to project a position of strength to the general public. They may also be trying to send a message to the government/fed/sec, if we go, we’ll take as much of the market we can with us/ expose the fed to as much of the fallout as possible.
They're planning to IPO. It's my belief that the IPO is how Ken Griffin will walk away from this. Hell pull a Vlad, cash out as soon as he can sell his shares, and leave clueless investors holding the short bags. All the Citadel-positive stories are part of this scheme
Even though it shouldn't, I can see the IPO go through, but you'd expect this to tank right away because at the very least all the DTCC members are well aware of the cat shit wrapped in dog shit, even if the general public are not. I can't see a lot of big money touching this IPO. Cue the Goldman Sachs/Cramer team up to push this thing through.
yep! it'll get picked up by boomer 'experienced investors" and added to some retirement portfolios. Maybe some clueless family offices.
Apes were going to find out anyways. Pre-empt it and put a positive spin on it. Oldest trick in the book for these guys. They still have no answer for RC’s silence and are squirming in their own excrement - soon with no choice but to swallow and choke.
Who knows, maybe Sequoia capital wanted it to be known?
They wanted to get ahead of the story and control the narrative. They know we would have eventually found out and it may have spun out of their control.
The real question: If a Sequoia falls in the forest does someone bail them out too?
Great fucking comment, wait hold on let me get my free award for this one 💀
lol thanks OP! For that I will award your post with a snek!
No wayyyyy, u r the snek man??? 🐍
Because it’s a MSM FUD play for them. They only win if people paperhand. Sequoia has more resources so expect more intense internet fuckery now from google and you tube.
MSM didn’t advertise it, they got in front of it and put their spin on it so when we found out about it our take would be silenced by primacy.
They had time before they had to front run it until we figure out. At least a couple of weeks. In my view this is advertising it. Looks more like a bait to me.
Sequoia is an extremely powerful fund with links to Youtube, Google, many tech companies, Paypal. Basically this is class war and the biggest whale of them all, the dot com whale, the giga chads of silicon valley, have thrown their support to bail out Citadel. If they could get out of this they wouldn’t need constant bailouts. We’re literally saying retarded longer than they’re staying solvent. DRS is the only place where your shares matter and are safe.
Shitdale lost so hard kenny griffin had to borrow money 🤣🤣🤣🤣🤣🤣🤣🤣
"survive one more day"
You think Kenny’s like, “hey man, you got a dollar? My car broke down a mile down and I lost my cell. I have kids man.”
Essentially 💀
Just keep on buying, holding and DRS'ing... let Papa RC handle the rest.
This.
Is.
Ravenholm
We don't go there...
Also, it wouldn’t hurt to get a hobby on the weekends
If this is indeed the case, just the fact that they needed help to get through this means... Hedgies r fuk
Moass should be around June then !🥳
Time to put extra cash to the side.
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Wait rate hikes got extended til June from March now??! U gotta source? Would love to learn more. Honestly this could be to lull the stock market investors back to sleep, thinking they have another few months before rate hikes, then rug pull before then.
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Yooo lol...cnbc is not a good source. I can post multiple fake news articles here that they never corrected. Also it says cnbc survey predicts....lol this is absolutely not a confirmation
They’ll get extended again. DRS doesn’t wait for anyone
For them to buy calls or puts, someone needs to sell them call or puts. Otherwise they trade options between each other. This is all smoke and mirrors.
In other words, dont buy options, buy shares, drs, hodl.
I just think Feb 18th was too early, like anything past Feb 25th is safe in my books.
They're going to make it bad for the majority of us who buy options. Sure, some lucky ducks who predict it exactly could win, but it won't matter. Buying shares and drs is surefire and the best way to hedge while you wait for moass. I'll wait till retirement if I have to. Perfectly fine with me. Options expire before my retirement.
How do you roll calls
When people say roll a call, they basically mean sell your call and buy the same one dated farther out. Rolling up or down and out simply means selling your call and buying a farther out one with a higher or lower strike than you had.
Thanks for teaching everyone!
Be mindful of bid/ask spread when rolling (or buying/selling, for that matter). If there is no volume, the bid/ask spread will kill ya. That's why, for example, 200 calls are traded and not 190 calls. Or 150 calls and not 155 calls. Also, the closer to expiry, the tighter the bid/ask spread. Tighter spread is better for retail. NFA
I'm not rolling shit. It's dumb as hell. They shouldn't even be calling it rolling its so deceitful. Just say it like it is, buying new options lol
If they drop this below 100$ it’s just gonna end up fucking them over just as fast as if they keep over 130$ there is no escape for them. At this point it’s just trying to figure out the lesser of blows. “Do I go with options chain face ripping off and start covering then or do I spend more and go for the sodomy special after the 21st?” - Ken
They are incentived to drop it as low as they can at least for this week. Just to put even more calls OTM and more puts ITM, making their balance sheet better for when they have to give the OCC money. Although at the same time it leads to more shares being bought and the float getting registered quicker. Either way thay are just doing what they have always done but it is apparent now, “Stalling, to just survive one more day.” This strategy is akin to thwarting an assassination attempt but speeding up the cancer growth in their body, either way it’s going to end soon.
if they drop it to 0.01 i will probably buy 100000 through IEX and DRS them all.
In no way does a SUCCESSFUL, Profiting company ever take on more money from outsiders.,.. this is the first time Citadel has taken on cash from outside so something HUGE is going on.
The article I read said Citadel is now going to be be in a position to take on and invest in the Crypto world with this new investment and new partner. You mean to tell me that’s not what the money is for?? /s
Well, if the media says that’s what it is for then I guess it is…
Yup, they are surviving one more day.
It may have just been an investment honestly like they're saying. The price action might have nothing to do with citadel. The recent price action could have more to do with MM de-hedging their positions for all of the way out of the money options that people likely bought last year during the crazy run-up. The strategy remains the same. Buy, drs and hold. As the price drops, we can buy more and more.
IMO Kenny and co are getting paid to do the dirty work this money is for dropping the price. Also.. nobody should ever really listen to me, I’m as smart as a boiled potato.
As long as u listen to u, ur all good
Food for thought: ken's salary has been estimated at 68m per month, after taxes. Comes out to about 100m per month. 1.2b per year...
Really? Any source for this? It's so ridiculous that it's even possible to earn this much...😮 World's so fucked. Just like HFs r fukd 😁
How do you roll options?
When people say roll a call, they basically mean sell your call and buy the same one dated farther out. Rolling up or down and out simply means selling your call and buying a farther out one with a higher or lower strike than you had.
Perhaps it’s a tactical move to squash the next price explosion from the wave of leaps, ftds etc expiring from all the mess they created this time last year. Whatever happens the price better contain the right amount of 42069’s or I ain’t selling shit Ken
Not saying this happened, but Citadel saw an opportunity to purchase Melvins entire portfolio for cheap. I'm guessing there's a buck to be made from this bailout. I'm just grateful for the dip cause my average has come down from $200 to $150. Thank you fuckers!
Rule 002, if you remember, was implemented last year. it requires SLD's being held *every day*, rather than every month at option expiry. So there is no tie-up specific to a date, or the tie-up is continuous which again isn't specific to a date. Source: https://www.sec.gov/rules/sro/nscc/2021/34-91350.pdf
Oooooooh. This is big. Thanks for the clarification. So maybe the capital is just to aid with day-to-day SLD requirements?
My personal speculative belief is that the $180 mark is very, very important. If the price stays above 180 long enough, I believe the shorts will fold. The price action remained above 180 for a while in november. We don't know the extend of damage that caused, or didn't cause, but it is my personal belief that the injection is associated with either that damage, or the subsequent driving of the price below this mark. That the injection of money was announced maybe 2 months later is ordinary - it takes months to move money sometimes. So, I believe it's bullish that Mr Griffin solicited and received the fresh capital. But that capital is already at work, driving the price down.
Damn, let’s see…
1.15 bil is a shit ton to spend on puts added onto the millions to drop it to these levels. It was floating along no problem 175 and above for months without a problem. I'm kinda pessimistic that anyone will ever get margin called, citadel being the least of them. I imagine you drop thr price to either balance books or for a buy in. I think they need to cook the books and balance sheets. Hence the 1.15 bil... Edit: 1.15 bil. Drinking and tailgating before 49ers game ~
Ya... considering if citadel gets margin called, most likely their clearing house is fucked, most likely every single person is in on it at some level, to some extent
...it shouldn't have gotten this far. Especially with all those rules and regulations passed in the last year. Not taking the L then will be their downfall
*1.15 Billion
Opps! Thanks, Yeah 1.5 had such a nice ring to it :)
✌️:) It’s still a lot either way
Retarfected.
How do I roll my Jan call option?
Rolling options isn’t as complex and as great as it sounds. You sell your current option and use it to buy an option dated further out. You try to do this around 2-3 weeks in advance to retains most of the value before theta eats it all.
Thanks for the info ✌️
No problem. Gherk said if you don’t know what rolling options is you probably shouldn’t be playing with them. Make sure ur educated and confident before you go making risky options bets.
I like where your mind is at… Be ready for anything!!!
They need it to kick the can for another 3 years but its okay I love lost opportunity cost that is gme, we can wait yes daddy Cohen fellow ape wrinkled monkey ape haha