I’d strongly recommend against anyone shorting via the synthetic, it’s not worth being short calls. They are ridiculously cheap and this is considered a meme stock. Just look at a chart of GME, one day of crazy gap up and you are in trouble. If you want to short it I don’t see any way except buying puts, or at least use a vertical on the short calls for protection.
(Non-political question) Anyone planning to short DJT?
- Thread starter Picaso
- Start date
that borrow was 6 yesterday.
Robert Morse
Sponsor
Sounds about right. I wonder what it goes to if a Threshold stock in two days.
you mean when there are failures to deliver? that's a good question.
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NOT enough data for supertrend indicator;
after lunch above open price, sorry bid \ask is so wide, but that' $ an IPO for you[.Edit some times they narrow the bid/ ask, +super trend on 3 minutes
good volume , i guess they can afford a narrow bid/ ask on that vol]
NOT enough data for supertrend indicator;
after lunch above open price, sorry bid \ask is so wide, but that' $ an IPO for you[.Edit some times they narrow the bid/ ask, +super trend on 3 minutes
good volume , i guess they can afford a narrow bid/ ask on that vol]
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The warrants (DJTWW) are trading at ~27.00 and can be exercised 30 days from the merger closing date to buy a DJT share for $11.50 in cash--so total cost basis $38.50. Even trading those against the May short synthetic which gives a forward price of $54 gives a pretty rich edge.
I don't think it will be able to squeeze much further into the headwind not only the borrow but the warrant spread trade puts on DJT spot. Interesting that it even spiked this rapidly. The shareholder vote to approve merger on 3/22 was pretty much a foregone conclusion and the ticker change today isn't relevant to price either.
I would have thought retail buying flow on these superficial details would have been forecasted a little more accurately and would have been front-run a little more, leaving this looking a little more like a TSLA or SMCI index inclusion event than a sudden squeeze.
I don't think it will be able to squeeze much further into the headwind not only the borrow but the warrant spread trade puts on DJT spot. Interesting that it even spiked this rapidly. The shareholder vote to approve merger on 3/22 was pretty much a foregone conclusion and the ticker change today isn't relevant to price either.
I would have thought retail buying flow on these superficial details would have been forecasted a little more accurately and would have been front-run a little more, leaving this looking a little more like a TSLA or SMCI index inclusion event than a sudden squeeze.
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I seldom pay much attention to name changes .
I like him , but some said his bankruptcy [4 businesses according to ABI \LOL ]means he know business LOL.
But clever or wise ticker can help a lot/LUV/SCHW/IBKR, SPY,SH.
I dont know most of the holders+ seldom give anyone a blank check ;
but continue to ''moniter '' that.
Susquehanna International Capital LLP has about 2.02% of the outstanding, 605,670shares.
Chickasaw Capital holding about 00.10%, not near MSFT %........................................
ELECTION year [like 2024 tends to be lousyLOL];
may not help that single stock/ but SPY JAN + FEB,2024 most of MAR,2024 especially JAN looks like good year for SPY + tech trends .....................................................
NOT a prediction or bankruptcy ad LOL
I seldom pay much attention to name changes .
I like him , but some said his bankruptcy [4 businesses according to ABI \LOL ]means he know business LOL.
But clever or wise ticker can help a lot/LUV/SCHW/IBKR, SPY,SH.
I dont know most of the holders+ seldom give anyone a blank check ;
but continue to ''moniter '' that.
Susquehanna International Capital LLP has about 2.02% of the outstanding, 605,670shares.
Chickasaw Capital holding about 00.10%, not near MSFT %........................................
ELECTION year [like 2024 tends to be lousyLOL];
may not help that single stock/ but SPY JAN + FEB,2024 most of MAR,2024 especially JAN looks like good year for SPY + tech trends .....................................................
NOT a prediction or bankruptcy ad LOL
Don't be surprised if he offers one share of DJT with every purchase of whatever he's grifting on that particular day.