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Still think TITNC3: Return of the Iceberg was peak

Discussion in 'Stocks & Investments' started by kairo, Oct 6, 2020.

  1. Apr 29, 2022 at 6:15 PM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Guinness
     
  2. Apr 29, 2022 at 6:24 PM
    StinkyKona

    StinkyKona Active Member

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    98tacoma27 and kairo[OP] like this.
  3. Apr 29, 2022 at 6:41 PM
    koditten

    koditten Well-Known Member

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  4. Apr 29, 2022 at 7:04 PM
    99TacoDriver

    99TacoDriver Well-Known Member

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  5. Apr 29, 2022 at 8:16 PM
    theesotericone

    theesotericone Well-Known Member

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    Here's something interesting I just found. Was looking at next weeks option chain gamma/delta's for BBIG. Today the MAY 6 $3 strike traded 111K times on an open interest of 6.4K. WTF?
     
    98tacoma27 likes this.
  6. Apr 29, 2022 at 9:28 PM
    kairo

    kairo [OP] >_>

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    [​IMG]


    Awww, jpow :(

    Also like that this was so poorly done it says "infaltion" at the top
     
  7. Apr 29, 2022 at 11:51 PM
    kairo

    kairo [OP] >_>

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    Yep that's where I'm at right now. Prost auf das wochenende


    Sechs kleine Jaegermeister wollten steuern sparen.

    Einer wurde eingelocht, fuenf durften nachbezahlen

    Edit: Vid may have been NSFW, so removed
     
    Last edited: Apr 30, 2022
    98tacoma27 likes this.
  8. Apr 30, 2022 at 12:18 AM
    kairo

    kairo [OP] >_>

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    Yep, I'm going to bed now.
     
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  9. Apr 30, 2022 at 12:42 AM
    kairo

    kairo [OP] >_>

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  10. Apr 30, 2022 at 7:53 AM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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  11. Apr 30, 2022 at 9:25 AM
    theesotericone

    theesotericone Well-Known Member

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  12. Apr 30, 2022 at 9:58 AM
    theesotericone

    theesotericone Well-Known Member

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  13. Apr 30, 2022 at 10:41 AM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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  14. Apr 30, 2022 at 10:41 AM
    theesotericone

    theesotericone Well-Known Member

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    It's 7 pages. lol

    Basically any MBS that's not AAA/AA rated can't be used for collateral. Any listed stock that's under $5 can't be used for collateral. Any US stock listed at $5 or more will take a 50% collateral reduction. The DTCC is cracking down on leverage. That's gonna create margin calls.
     
  15. Apr 30, 2022 at 10:44 AM
    theesotericone

    theesotericone Well-Known Member

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    They sure did. This is their response. Protect the system not the player's. Taking something from 100% collateral down to 0% collateral is gonna cause some very red margin positions. The key question is will they enforce it.
     
  16. Apr 30, 2022 at 10:57 AM
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
    Under development
    Won’t be enforced until they find a new loophole to avoid margin call
     
  17. Apr 30, 2022 at 11:05 AM
    theesotericone

    theesotericone Well-Known Member

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    We'll see. It goes into play on Tuesday. I doubt the DTCC is gonna roll over on this. They want to protect themselves from incurring MASSIVE losses due to over-leveraged clients.
     
    98tacoma27 likes this.
  18. Apr 30, 2022 at 1:14 PM
    kairo

    kairo [OP] >_>

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    Hedge fund: Hello ratings agency, I have this pile of garbage I would like to get rated as AAA please

    Rating agency: No problem, that will be $50,000. Congrats, you now have the best collateral in town!
     
  19. Apr 30, 2022 at 1:24 PM
    theesotericone

    theesotericone Well-Known Member

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    The ratings agencies had no clue this was coming so they haven't been able to cheat the ratings.
     
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  20. Apr 30, 2022 at 3:38 PM
    kairo

    kairo [OP] >_>

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    I'm sure they will be able to craft up some fine fuckery soon enough!
     

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