0.00Open0.01Pre Close0 Volume99 Open Interest197.50Strike Price0.00Turnover0.00%IV47.07%PremiumJan 10, 2025Expiry Date0.00Intrinsic Value100Multiplier-13DDays to Expiry0.01Extrinsic Value100Contract SizeAmericanOptions Type--Delta--Gamma37312.00Leverage Ratio--Theta--Rho--Eff Leverage--Vega
自律养心的小冯 : Why will it fall?
RiskGame : the converts buyers have probably shorted years earlier in gamma trading but now covering back. so likely no effect from them
10baggerbamm OP 自律养心的小冯 : years unless someone can provide me a tangible concrete explanation I've got to go off of my experience I've got to go off of my logic and maybe I'm wrong.
you don't pay off a convertible that's at 0% when you have convertibles that are outstanding that you pay a coupon on number one
therefore there's a reason that somebody wanted this to be done there's no way Michael sayler would have had this Epiphany now I'm going to be a nice guy and redeem a convertible series 2 years early there's no logic to it so somebody must have wanted to get the hell out and threatened him and this is Big money buying these convertibles these are not my little broke ass as an example with 7 plus million that I trade these are multi-billionaire people these are conglomerations corporations these are countries that are doing this and somebody must have threatened him and said you're going to give me my money back I'm not fucking waiting I want out well he doesn't have the billion in cash because it wasn't redeemable for cash it was redeemable in stock that's why in my mind he called it so this group is going to be dumping the stock and I think they started to sell purely conjecture because you can short stock everybody knows that and you know you're covered with your long position that's coming in so if you do some basic math how many shares are a billion dollars this stock is going to get fucking crippled if they hit that bid
自律养心的小冯 10baggerbamm OP : Do you think it will rain today?
10baggerbamm OP RiskGame : how's the quarter if you are a debt holder you can't dictate terms and conditions to the creditor
you hold the debt you are senior to common unless it's outlined in the contract of that offering you can't go back to the creditor and say I want my money back I want out give me my stock now I gave you cash up front you bought Bitcoin.
so if you are that convertible note holder and you decide to do some synthetic option trade and your panties are in a bind somehow you leveraged a billion dollars and it's coming due I don't know what they did you can't go back to the creditor and say I'm screwed man I need out now help me because Michael seller would go look man if you shorted the stock if you got to buy it back in the open market that's your fault that is nothing to do with me