Mike Hunt
commented on a stock · Feb 4, 2022 06:59
Hedgecunts were caught off guard by Amazon
$Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$ Hedgecunts thought they were being sneaky by keeping their option transactions under 1000 contracts so they wouldn’t show up as unusual transactions. But realize if an option costs 10k, 500 of those cost 5 mil bucks. You can see where they sold calls at about 10:30 am when stock was at highs. It’s just like shorting. you sell a call at 10.00, it drops to 5.00, you buy it and pocket the difference. It’s called selling a call to open. This is reflected in the option chains. Remember, just because it’s call volume, doesn’t mean it’s bullish. If you then look at the option chains for puts, you can see their purchases both ITM and OTM at between 1:30 -2:00 pm before that last push of the share price down before closing. Here’s where they fucked up and got greedy. Not only did they not take profits by buying calls at market close to close the calls they sold at 10:30, they uncharacteristically chose 2/4 and 2/11 expirations for the calls they sold and puts they bought today. They have to do everything possible to manipulate the price and hold it down until they can sell their puts to close and buy their calls to close tomorrow at 9:30am. The way they will do this is by using the most powerful player in the whole charade who is from their institutional cunt side, the market maker. But once the regular market trading hours opens tomorrow, it’s gonna be a free for all. Some of this same action also occurred on $Amazon (AMZN.US)$ today. The hedgecunts were caught off guard. so don’t be surprised if it’s not 3400 at market open tomorrow ….. it will be once they dump their positions they thought were a sure thing. 3500 close is not unreasonable closing price tomorrow considering it was 3700 recently before these insane earnings. Who could have expected what Amazon did. Historic stuff.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more4 1
Mike Hunt OP : I don’t think they will be able to turn futures red, but they will be managing how high they let them rise.
Timothy Jessop : Very insightful. Thanks!!! I'm brand new to this trading game. I bought .16 of a share on Cash App at 5:42, so I wonder do I get the stock at what it closed out at or eat time I bought it or a smaller portion tomorrow for whatever the price is tomorrow? Any knowledge would be great!!! Thanks in advance foe any advice!
Mike Hunt OP Timothy Jessop : I only Google for you once. I have never used cash app. Looks like your order processes at market open
Mike Hunt OP Timothy Jessop : Sign up with moomoo. It’s easy. Use my link I prepared an exclusive gift for you.Join moomoo with my link and you can 6 FREE stocks. https://j.moomoo.com/00esIX
Mike Hunt OP Timothy Jessop : If you are worried about approval, don’t be. Open up account with $100
Mike Hunt OP Timothy Jessop : I’ll be checking to see if you signed up with moomoo. They let me know. Do it and I will be happy to help you invest. It’s the best platform. I have Robinhood WeBull TdAmeritrade and moomoo is the best
Mike Hunt OP Mike Hunt OP : This is the link I prepared an exclusive gift for you.Join moomoo with my link and you can 6 FREE stocks. https://j.moomoo.com/00esIX
Mike Hunt OP Timothy Jessop : Cancel that transaction on cash app. Sign up for moomoo. All you need is a checking account and a social security number. They use plaid to link your checking account
Timothy Jessop : I already have an account here too. I like cash app for the simplicity and when I want to learn I go to MooMoo.
Timothy Jessop : Can I still get 6 free stocks. There is so much I don't know with this app to take advantage of all the perks.
View more comments...