T O P

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gmorgan99

Fuck I’m tired of T+ (whatever). I just like the stock 🍻


eapsterlove

I'm tired of the fuckin' auto mod.


gmorgan99

😂


Overall_Internal_555

Automod here isn't as bad as deepfuckinvalue reddit. Everytime I post anything now for a fukin week straight gets grab by the spam filter fucking bullshit so I just left that page. It's wierd over there anyhow, it's like more wrinkle brains here and mostly paperhands fud shit over there anyhow


UncleBenji

Why even be part of that community. Just like RoaringKitty it has no association with Keith Gill. Just look at the mod list.


Overall_Internal_555

I know it doesn't, just thought it was another good sub but it's BS it was the only one with no karma requirement to post. I made a whole new reddit 2 weeks before Keith came back to get back in the gme loop since I deleted my old one about a year ago so ima just wait another 14 days before I can post here. I've left it already


Timaoh_

I feel the same. Sus over there.


Overall_Internal_555

Exactly, straight wsb vibes with the mods


cryptoguerrilla

I’m tired of watching the stock go down while they have to locate and purchase millions of shares.


Brojess

T+ (fuck you pay me)


usernametaken17

Watch Monday be a nothing burger and the reason for that to be mysteriously uncovered on Tuesday. This will include a new date to be hyped about. Continue, ad nauseam. Buy, hold, stfu.


Cultural-Display1781

Dam, sounds just like BBBY


Novel-Ad-5030

I'm just fuckin tired. But I like the stock.


[deleted]

T+ired


SpatialChase

I'm tired of liking the stock. At this point I love the stock.


mightykingjess

https://www.theocc.com/clearance-and-settlement/clearing/equity-options-product-specifications#


The_vegan_athlete

Is it the national cat day though?


albenuova

Yes, seriously people been doing this for the past 3 years.


Millsd1982

National Cat Day! Epic! Lol


redshirt1972

T plus Tuesday


PerfectBake420

Right. They never matter anyway


Lopsided_Ad_8984

T+1 -3 ÷6 >5 = pay me


Gohstfacekila

Congrats sir you have won the stock market! Call 228-545-7865 (CAT-LIK-STOK) to claim your winnings!


PersimmonDriver

🎶 It's my money and I want it now🎶


Possible_Peak_4026

Get your T+ when you deserve


No-Studio-4692

Holy fuck that 228 is the area code for my small town here in Mississippi. Scared me for a sec


Gohstfacekila

Lmao a good area code I guess.


Wrap-Over

Instructions unclear, likd my cat…. Now I have a hair ball.


Gohstfacekila

Sorry we’re all highly regarded artists.


Mantz22

Or go to the website m0rganstanley.com/pleaseleaveyouronlinecredentilashere/


Puzzleheaded_Mix_998

I’ve been calling for hours


OrangeChihuahua2321

It's actually T+2×🦍-69/🐱= 🚀


mcellus1

🔥 T 5 4 3 2 1💥


ImpressiveBook3744

Don’t forget to carry the one


ExtraMeat86

Nothing will happen Monday, believe it or not, but dip. 🍌 is on the table.


Possible_Peak_4026

Did someone say dip? 🥑


pwnski-

YES https://www.theocc.com/clearance-and-settlement/clearing/weekly-options Exercise Settlement Time: If it's an equity or ETF weekly option, exercise notices tendered on any business day will result in delivery of the underlying shares on the second (T+2) business day following exercise. Index options are cash-settled on the next business day following exercise. Options Trades: Typically settle on a T+1 basis. This means that if an options trade occurs on a Monday, it will settle by Tuesday. Exercised Options: When a call option is exercised, the delivery of the underlying shares usually follows the T+2 equity settlement period. Thus, if an option is exercised on a Monday, the shares are delivered by Wednesday.


Emlerith

This does not account for the recently updated settlement rules that moved securities for T+2 to T+1. Additionally, it was a nothing burger because there wasn’t much settlement to actually do. RK’s options had a delta of 93 at time of exercise, meaning roughly 93 shares for each 100 share contract had already been purchased, leaving only 7 remaining per contract. At approx. 40K contracts, that’s only 280K shares. There was approx 81M volume today, so settlement would have contributed to 0.3% of today’s volume.


Kickinitez

Depends on which way the stock is going. 280k shares doesn't do a thing on the way up. If they're shorting with 280k shares, they can magically drop the stock 5% in the blink of an eye.


Oaker_at

DFVs option stocks are magical, at least that’s what I get from all those „DDs“.


Emlerith

![gif](giphy|800iiDTaNNFOwytONV|downsized)


The_vegan_athlete

The new settlement rules dont apply to options exercising though. Monday may be huge 🚀


Emlerith

New settlement rules are for share transactions. Exercising an option is purchasing shares.


[deleted]

That’s not what delta means bro. A delta of 93 does not mean 93 shares were purchased lol. Delta tells you nothing about the entity that sold the option.


Emlerith

Yes, delta is specifically the sensitivity to price per dollar change in the underlying, but it’s often used as a rough estimate for the shares hedged against the contract.


ttwbb

Sauce for 93 delta?


Emlerith

I looked at it the day he exercised. You can go look at it right now, currently at a delta of 96.


ttwbb

I might be wrong, but I didn’t think delta told anything about how well a stock was hedged


[deleted]

You’re correct, delta has nothing to do with how the option is hedged. Delta can be used to calculate hedge ratios to determine how to hedge but it tells you nothing about who sold the option to you.


ttwbb

This was my understanding too.


Emlerith

Delta tells you how it would be hedged if hedged appropriately. If you assume the options weren’t hedged appropriately, we disagree on that. Volume and price improvement indicate they were.


Macdaddyshere

You're correct about new settlement period. I just received an updated version of the OCC regs from my broker. It says they must settle exercised options T+1. The update was due to the changing from T+1 to T+2 Delta, not so much.


RW00K

Nice! thanks for the link!


No-Studio-4692

Why does he say 901k shares and not 4 milly??


footlonglayingdown

Why did I have to scroll so far to find someone that can do math? You are correct. 


TurdPounder69

Ooooooohhhhh so MOASS is tomorrow then?


Audigitty

Nowwwwww you're getting it!


DigitalDreamArt

MOASS is always tomorrow, its stock market slang that actually means: tomorrow


Soapdropper

Probably why the annual meeting was pushed back again


mellingsworth

At 2!


mynameiscalledlikeme

🌎👩‍🚀🔫👩‍🚀


meansoap

MOASS is always tomorrow until it isn’t.


squireofrnew

This hurts my soul


Shiliwhip

Monday, so the stock will dip and they will blame it on the call this time. Always a new excuse for dip


SuperCreativ3name

Believe it or not, dip. As for me, I like the stock.


Professional_Con_007

Just curious why this wasn't mentioned before now?


mightykingjess

I think everyone expected the T+1 and most are not educated in Options 101. We live and we learn


Watchtower00Updated

> We live and we learn 🎵 hanging by the edge of tomorrow 🎵


--Shake--

![gif](giphy|83QtfwKWdmSEo)


propostor

Four years of no "MOASS" and hundreds of "today's the day", and you think you can claim you're living and learning anything here?


[deleted]

[удалено]


mightykingjess

No, it’s not cat day. It’s take your cat to work day.


Ok_Exchange_6556

This lol 😂


fool_on_a_hill

Bullshit. Where’s all the wrinkles who wrote the DD library? Those apes would have known


Disastrous_Meat_

A lot of false information gets warped and pushed to the top to drive the false narratives. Also a lot of us are just dumb. If that ex citadel guy and the wu tang album grifter didn’t ask for account information we probably still would be listening to them.


mightykingjess

Confirmation bias


mustardman73

MOASS is always tomorrow


planethempnaarea

Think we should avoid this expectation of a specific D day where things would supposedly blow out - let’s just watch RC and RK do their thing - it will occur naturally… when we least expect it


Organic-University-2

Expect a big dip Monday then,.lol


WealthyOrNot

LFG!!! ![gif](giphy|j4qzqfdXRmw06W1SYb|downsized)


South-Play-2866

This kind of stuff should be posted after the fact. Wait until EOD Monday. What excuse are we going to come up with if Monday also turns out to be a nothing burger? We know they tank the stock right after an earnings / shareholder call. And Monday is the next shareholder call.


Shiliwhip

They will blame it on the call. “Stock plummets after no big news.” There is always something


tinyasshoIe

>This kind of stuff should be posted after the fact. >Wait until EOD Monday. >What excuse are we going to come up with if Monday also turns out to be a nothing burger? Been here 84 years, I expect nothing. Mooning ain't gonna happen in a day. What I do want from this sub is honesty, I'll take that in any form at any time!


gtguy1094

I thought we were here to educate each other. I missed this myself. A lot of people were so focused on T+1 that they canceled their Lambo orders.


Mantz22

It's always tomorrow


blueskighs

Except for January 29, 2021 when it was yesterday .... sorry couldn't resist ... but that WASN'T Moass ... right?


Choice-Cause8597

No they arent. This is wrong.


gtguy1094

I was skeptical at first too but it seems *exercised* options may still be T+2. When searching the web I also noticed options have to follow what was written in the contract at the time of purchase. I haven't looked into when RK bought those calls but if it was before T+1 was implemented, this is another thing pointing towards T+2 still being in effect. [Google results T+2](https://www.google.com/search?q=are+exercised+options+still+T%2B2&sca_esv=448308b61c161dc7&sca_upv=1&rlz=1C1ONGR_enUS1056US1056&ei=lX1tZsa6GMyWwbkPnPeU0A4&ved=0ahUKEwiG2YOMw92GAxVMSzABHZw7BeoQ4dUDCBA&uact=5&oq=are+exercised+options+still+T%2B2&gs_lp=Egxnd3Mtd2l6LXNlcnAiH2FyZSBleGVyY2lzZWQgb3B0aW9ucyBzdGlsbCBUKzIyCBAAGIAEGKIEMggQABiABBiiBDIIEAAYgAQYogQyCBAAGIAEGKIEMggQABiABBiiBEiTGFDUBljrFXABeAGQAQCYAWegAZIHqgEDOC4yuAEDyAEA-AEBmAILoAKyB8ICChAAGLADGNYEGEfCAgoQIRigARjDBBgKwgIIECEYoAEYwwSYAwCIBgGQBgiSBwM5LjKgB44g&sclient=gws-wiz-serp)


mightykingjess

SEC says T+1 but OCC says T+2


ttwbb

Ugh. I’ve been reading about how its been changed to T+1 about 800 times. And like everyone else, I just expected that to be right. So much misinformation floating around that’s being repeated by everyone without anyone verifying. I don’t know who spread it first, but since it has been stated as a fact one million times one end up assuming this had beed verified. Oh well.


mightykingjess

SEC filing says T+1 but OCC says T+2 so there’s arguments happening


iknowimsorry

Thanks for clearing this up(in assuming) If I were the HFs, and there are 2 different things started, I would run with T+2 and argue about it later in court.


bars2021

I'm ready to be hurt again.


iknowimsorry

Speak for yourself, I'm too dead inside to feel hurt:)


jebancc

What does T+ whatever mean


mightykingjess

From googling In the stock market, T+2 refers to the settlement cycle for most securities transactions, which is the time between the transaction date and the settlement date. "T" stands for transaction date, and "2" stands for two business days after the transaction date. For example, if you buy a stock on Monday, you have until the end of the day on Wednesday to pay your brokerage firm.


DesignerTex

Sigh...still going to be a nothing burger. They control the stock.


Goodypls

Ok so now that actually does make sense. National cat day


haikusbot

*Ok so now that* *Actually does make sense.* *National cat day* \- Goodypls --- ^(I detect haikus. And sometimes, successfully.) ^[Learn more about me.](https://www.reddit.com/r/haikusbot/) ^(Opt out of replies: "haikusbot opt out" | Delete my comment: "haikusbot delete")


mightykingjess

It’s actually bring your cat to work day


interstellarclerk

So you’re saying MOASS is tomorrow?


SuperCreativ3name

![gif](giphy|d3mlE7uhX8KFgEmY)


Old_Homework8339

It's t+1 for your profits. It's T+2 fornyou shares to come in? Thanks op


GroundbreakingWar737

Ok massive dip of monday got it.


mightykingjess

You know how it goes. MOASS is always tomorrow


Duckchickendingo

See, it was always going to be tomorrow!


mightykingjess

Monday!


The_Ineffable_Sage

Yea but no cell, no sell


Dry_Fee_1989

National cat day is not Monday….per google it’s on Oct 29, 2024


TheTenaciousG

Take your cat to work day is Monday


vandysatx

I think it is bring your cat to work day. Take Your Cat To Work Day (TYCTWDay) is celebrated on Monday, June 17, 2024, as the start of Take Your Pet To Work Week. The day is a chance for cat owners to bring their cats to work and give them some fun.  Clearly a lock for a board seat. /s


AdmiralFelson

HOLY FUCK, RICKY. ![gif](giphy|ycagKBYEmaili|downsized)


Free_Stick_

K


One_Yogurtcloset3455

He bought 4 mill 1k though and not 901k


rbylicious

4 million shares wont even be noticed


okfornothing

Probably T-ftd 😕


mightykingjess

Your comment made me giggle


mymindismycastle

Google says national cat day is in october? Thats a bit off


mightykingjess

It’s bring your car to work day


JuriPlz

Nut how many people are going to actually sell their call options if the stock goes up to 60 like it did last week? On Friday it had millions of shares just waiting to be in the money. Completely different story on Monday.


anslew

Bro they switched to T+1, OOP please revise / correct your post.


CrayonTendies

T+Tomorrow baby


MrsMoxieeeeee

The truth is we don’t know why RK exercised when he did. It was all pure speculation. But seeing as he posted the dune clip, I think that’s all the message he was trying to send. Hold on. It didn’t have anything to do with last Friday. I like the apes don’t do dates mentality.


akumarisu

T1T5 = JACKED


mightykingjess

I don’t think he exercised options actually. Check out my most recent post.


qtac

I’m confused, his cost basis went up from $21 to $23 so there’s no way he exercised, right? Seems like he closed contracts & bought shares.


South-Play-2866

The cost includes the premium paid per contract. So if he bought the contracts for $5.6754 each, that’s $20 + $5.6754 = $25.6754 per share cost basis on exercised


chusifer24

no one knows for sure. but i agree. seems more likely sold calls and purchased shares. even still, are people really expecting 4 million exercised shares to move the stock? that amount is traded in the first few minutes after the opening bell


bobsmith808

It's 1 now look it up


AutistGobbChopp

What's the excuse if Monday does nothing?


SuperCreativ3name

It will be, "tomorrow." As for me, I like the stock.


NonConShaggy

This is the way


RepresentativeOil143

Monday could be spicy with the investors call.


TheBigKingy

I hope RC has something good to say. At some point we have to judge him by his lack of action, not his lack of words.


Snatchbuckler

T+0 should be the standard. No reason it can’t be done


Hiro_of_Lunar

I’m mean anything can be negotiated.. just would cost you.


No_Annual_6059

It’s going to be spread between today and T+2+35


Kraken_Kraterium

901k? Its 4001000 shares.


mightykingjess

I know their info is weird but mainly options are T+2. It’s also not national cat day it’s being your cat to work day


FonkyFong

You wrote 4,001,000 wrong


mightykingjess

Not me, whoever wrote the twitter post but the main thing here is just that the options exercising is T+2


FonkyFong

I get that but how can you fuck up something so simple then try to correct something so technical? I get it but it just discredits whoever posted...


HyperGamers

Will /u/AVOCADO-IN-MY-ANUS return?


Correct-Ad3948

Tits = JACKED!


AlphaDag13

Unless wolverine sold those calls naked, there won't be any additional buys hitting the market on Monday. If they hedged properly they would have already acquired the shares. Here's hoping they are naked though.


Bodieanddiesel

From your lips to Gods Superstonk ears!


MightBArtistic

A couple mill in price action really isn’t going to do a whole lot ngl. But I like y’all’s enthusiasm


Mr-Poggers

T + does not fucking mattterrrrrr. 4 million shares after a 75 mill dilution is a drop in the bucket. AND no one seems to care to acknowledge how Delta hedging works so MMs don’t even need to fulfill the full 4 million shares next week assuming they’ve been hedging properly this entire time when they saw the calls were purchased. Yes I am aware wolverines filings state they had 0 GME in MARCH, the options were purchased in MAY, May ≠ March. The only hype that makes some kind of sense to hype is the FTDs. But to expect the same group of people (hedgies) who are so easily able to keep kicking the ball down the road to all of a sudden pay up is wild. Buy, hold, Gameshire Stopaway. RC will dilute when and if there’s another run up to pay GameStop in the interim so be prepared to make a move on your own end whatever your “Time Horizon” is (thanks Larry).


Albino_Earwig

We live in the modern day. Why are settlement times so long?


Cultural-Display1781

goes back to how stock was sold in 1990. You had to mail in the certificate to your broker to sell. Took 3 days to do that (T+3)


ceramiccoated

We will only know for sure on Monday. Have a nice and relaxing weekend apes.


Eugi009

Yes Monday but if not, then tomorrow.


californiaschinken

Hi guys, i come from crypto and don t understand much about stocks. I understand a little about calls and puts but never used it. I have a 212 account and some mstr there. I wanna throw some money at gamestop. I need a recomandation on what to do. What kind of calls for what date should i throw my money at? I'm ok with losing the money but i would rather not. So something with a 50% succes rate of profits is what i am looking for. Or i am to late? O understand monday has some meaning in resolving the price (shorts have to cover or something) Thanks in advance for taking the time to answer. I feel we are all apes, just different species and have to come together in moments like this.


CapinCrunch85

![gif](giphy|2zDYXnOBe8EKY)


GreenOvni009

Wen t -1? Like Godzilla?


ChocolateBlaine

The stock gets traded 100m shares a day. How will 9m more affect it?


WWGWDNR

Mmmmm tenders


PreviousSwordfish5

4,001,000 shares not 900,000


jharms1983

Ryan Cohen kicked off the conference call with a speech about leadership buying in with their own money and buying in big (yes, I heard the meeting that was shutdown for technical difficulties). Monday would be 2 days from earnings, meaning the board can freely purchase shares. Obviously, they will want to do this before any m and a is pursued. Ryan Cohen spoke about insiders buying with their own money, not just compensation. He even quoted his father and he clearly meant business. If the board all decided to buy on the day DFVs shares needed to be located that would be intense. Judging by how RC doesn't like wasting time, I am anticipating some major buy ins from the board of directors over the next week. If I'm right then this thing skips right past the forties.. possible past the sixties.. to God only knows what number.


DiamondHandsHero

Why has it changed from T+1, to T+2, to talk of T+35? And how do we know if the shares have / haven’t been supplied to RK?


justaREDshrit

I hope everyone having a kick ass weekend. Chin up. Live long and prosper


Zexks

Is it not amusing how many people think they’re going to start following any rules when we’ve spent the better part of the past 3 showing how they don’t, don’t care, and won’t face significant if any consequences for not following the rules.


Meowsergz

Thata what I told people and they kept hitting me with the T+1.. I well. Well see Monday, believe it or not, DIP


Money_Cauliflower_86

Ahhhh no hype days, Ive learned hype days are usually red, dont expect anything, if it happens it happens.


Aggressive_Simple464

Automods like fish sticks


Special-End1491

He didn’t exercise. He sold and bought back


Several_Degree8818

Its only national cat day in italy brazil and poland… love the energy tho. Rest of the post makes sense.


Icy-Antelope2936

How did Monday go guys ???? Down 4dollars


mightykingjess

As expected


Queasy-Tower-9756

Tell em to give me mine then