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pigsgetfathogsdie t1_jec5w3e wrote

MEDIA

  • Retail Traders: Degenerates
  • Pro Traders: Great People keeping the wheels of capitalism spinning.

REALITY

  • Retail Traders: REGARDS
  • Pro Traders: Inside Trading, Market Manipulating Grifters.
591

bayesian_slut t1_jecdr92 wrote

Anyone trading 0DTEs is a degenerate gambler--the pro traders just also get paid to be degenerates

194

Rcast1293 t1_jecwdft wrote

It's called calculated risks

63

fpcoffee t1_jed1zcr wrote

how bout you calculate ligma?

51

doctorcrimson t1_jedsrd2 wrote

The mod team just asked you a question. You gonna answer or not?

17

sjonnyboy t1_jee8jld wrote

Ligma?

5

AutoModerator t1_jee8jm9 wrote

Ligma?

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4

itsgucci060 t1_jeg3ayw wrote

Ligma??

1

AutoModerator t1_jeg3azm wrote

Ligma?

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1

Mockingburdz t1_jecz3w8 wrote

This just don’t do it with their own money. That’s all that separates them from us.

13

jfjohnson23 t1_jed3ayj wrote

Like Elon Musk buying but like only a percentage was his actual money. Makes you stare into the void sometimes

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jcmonkeyjc t1_jeej8m8 wrote

I've seen plenty of posts on here from OPs who didn't do it with their own money.

2

DYTTIGAF t1_jec7rt5 wrote

80% of volume is institutional trading and Bloomberg finds it necessary to devalue retail with this hit piece?

Next up.. they blame the entire upcoming market meltdown on retail. Is this "future faking" at its best?

Interesting.

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mattenthehat t1_jeckthd wrote

Bro they blamed the bank failures on the people asking for their money lmao

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BlackSky2129 t1_jeclok4 wrote

The bank failures that led to their insolvency was management and the rates. But the VCs, who alongside their founders own like 90% of the bank’s deposits, panicked and screamed fire started the run that led to the illiquidity rush.

In short, yes all of those regards are to blame for SVB specifically

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mattenthehat t1_jecocin wrote

Everybody saying this, but nobody offering a realistic alternative for what you should do when you learn your company's bank might not let you write payroll checks.

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BlackSky2129 t1_jecs3bk wrote

They were short like $4 billion out of the total $200 billion in deposit and in the process of raising funds. Again, their long term treasuries were being held to maturity so the only way they don’t have enough money is if every depositor wants ALL the money NOW at the same time, which is what happened when the VC group chats literally screamed fire

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mattenthehat t1_jecvrc1 wrote

Still not offering an alternative for what they should have done. You dance around and imply it, but you don't have the balls to actually come out and directly say, "yes, you should keep your cash at a bank that is having to raise funds for liquidity." Because you shouldn't. That's dumb as hell, especially if you might need access to your money soon.

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DYTTIGAF t1_jed01ll wrote

Agreed. They saw what was happening on their balance sheet, but decided to "play chicken" with the Federal Reserve.

The gambled. They hesitated to make decisions. In their view no way would the Fed raise rates 8 times within a year.

They got caught with their pants down. Consequently, they pushed these bad decisions on the shoulders of third parties with the CEO jetting out to Hawaii (washing his hands of this collapse).

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BlackSky2129 t1_jed2yrh wrote

The Feds, in mid 2021, said they had NO INTENTIONS of raising rates and inflation for transitory. Then over the next 12 months, they go 180 and raise rates from 0 to 450bps (unprecedented and much more than Volker’s 2x increase in rates).

So do you really blame them for not listening to what the Feds say

2

DYTTIGAF t1_jed4ckg wrote

I sat looking at my computer screen in November 2021. Just as Powell said the Federal Reseve was going to be raising rates and pivot from their "transitory" viewpoint on inflation.

I have been locked in for the last 14 months. Each day watching this policy change in action. It's not brain surgery. It's simple stuff.

Please don't be an apologist for a bunch of twits in Silicon Valley who failed to make the most basic attempts at hedging a multibillion bond position.

Why? When they saw they needed money they approached Goldman Sachs as the savior to buy the long bond position (at market valuations) as well as to float a share issue (to make up for the lost principle value on their balance sheet).

A bunch of VC's got wind of the deal and jumped on Twitter...and the game was over.

This was 3rd grade mis-management by the bank who was more concerned about social governance nonsense than being good stewards of other people's money.

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BlackSky2129 t1_jed6mbd wrote

> November 2021

You literally proved my point. The Feds went from no raise in the foreseeable future in AUGUST ‘21 to yeah everything I said was false 2 MONTHS LATER.

4

DYTTIGAF t1_jed90wj wrote

How old do you think these executives were 12 years old?

Seriously are you trying to argue these morons spent 14 months looking at screens wondering what to do about a billion dollar wealth destruction....and they didnt have the competency to do anything about it?

4

Spins13 t1_jef48hw wrote

Yes the risk manager was a token girl who was doing woke conferences… instead of you know managing risk

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BlackSky2129 t1_jecwglx wrote

The solution is understand the 250k FDIC limit for one, It’s only been around a few decades

3

mattenthehat t1_jededl6 wrote

My dude. You just got done saying these are VC accounts. We're talking 9 or 10 digits. The FDIC insurance is not relevant in any way.

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GSamsa1977 t1_jegm4s8 wrote

Once the run is ignited, no one can stop it. The only advice is to diversify in different banks and/or hold assets outside banks’ balance sheet

2

GSamsa1977 t1_jeglov5 wrote

No bank in the world would survive to that

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BlackSky2129 t1_jegrk9p wrote

Exactly, that’s how fractional reserves work. No bank can survive a run like the VCs pulled on SVB

1

Wanna_Runn t1_jedoigy wrote

Didnt they already blame retail for the massive bubble

3

doctorcrimson t1_jedsty3 wrote

And if it rallies they will give credit to investment banks on the great turnaround.

2

Drift3r_ t1_jeewaxu wrote

To be fair, 80% of volume on bought to open 0 dtes is definitely not institutional lol

2

Maybe_Awesome22 t1_jec577i wrote

Man this sub gives these finance MSM's so much content to write about.

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Vanman3k t1_jecb1io wrote

Wait you guys still have money in your accounts?

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ORCA_OF_WALLST t1_jecbcqc wrote

Lol like another dude mentioned in the comments 80% of 0 dte SPX flow is institutional traders. Article is clickbait

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[deleted] t1_jecn2c9 wrote

[deleted]

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asdffsdf t1_jed98wz wrote

Honestly shouldn't be anything wrong with that. You can gamble on lottery tickets that only pay out 50%, should be able to gamble on options that pay out 98%+ after fees.

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01k0s t1_jec5wf4 wrote

SPX put/call at open, close and flip position midday, close&flip or ride momentum for the the last hour. 0DTEs build in their own liquidation mechanisms, its great.

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01k0s t1_jec679k wrote

it is institutions doing this (but they actually manage, and know how to manage risk, so its qualitatively and quantifiably less 'degen gambling')

8

nokarmawhore t1_jece1o8 wrote

I was looking at today's volume on spy's 401 calls end of day and it was over 450k. I think it used to be at most, 110k before 0dte everyday was introduced lol

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shermski4 t1_jecjc2f wrote

Tomorrow's news will be that SEC eliminates 0DTE in order to protect retail.

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red_fluke t1_jee4gxu wrote

institutions who make money off degenerates gonna lobby

3

lethalposter t1_jecxvh1 wrote

Call me retail but I ain't ever run a bank into into the ground yet.

8

cbusoh66 t1_jeccl2l wrote

Yeah we’re thrilled with all the losses!

The only people thrilled are those selling those 0dte’s

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kenjiurada t1_jec1oua wrote

Incels unite

4

Repulsive-Shallot-79 t1_jecm5sc wrote

Oh no ya don't... You go out like a normal man.. find any piece of ass... And then turn it down... Cuz your classy and have a VD. Then your just... Abstaining.. regard.

3

red_fluke t1_jee4ily wrote

jokes on you, I got a wife and shes got a boyfriend

1

fjoobert t1_jed3yj1 wrote

Like a Bloomberg terminal found 4chan

4

soulmates06 t1_jecjt1q wrote

I was doing shares for a good 2 years before I finally had the time and the courage to say let me see what options is all about and what happens, I get hooked and 90% of my play money goes into options ,and to speed up the process i also do 0DTE for the majority of my plays ,...smh .

3

patrickswayzemullet t1_jecoz73 wrote

They opened the 0DTE floodgates last year. What do you think would people do? 0DTE wont give you the best risk-reward but it is easier to guess safe levels when selling.

3

Chalimis t1_jecxafb wrote

If you can’t beat Theta Gang, go 0DTE.

3

blkaino t1_jedrhpt wrote

If by thrills they mean pins and needles in my left arm, throwing up before opening my trading app, and not being able to sleep, then yes, I am being thrilled

3

thethrifter t1_jedrvva wrote

I prefer 1 DTE to 0 DTE. It gives me an extra day to bleed premium before it expires worthless.

3

Key_Hamster9189 t1_jecoxah wrote

My high school yearbook prediction came true.

2

loosecaboose99 t1_jed3dwh wrote

Can we just start calling them "Zeros"?.... Zero days left until their fateful confrontation with $0.

2

PLCNR t1_jed3wb7 wrote

CBOE did it by bringing option expirations 5 days a week.

2

Random_Guy_47 t1_jeen81t wrote

Maybe if wages kept up with prices people wouldn't feel the need to gamble so much.

2

kenbmw623 t1_jef73pv wrote

If bankers are allowed to loan out our dollars 10x to other people and collect interest, then this is the least we should be allowed to do!

2

VisualMod t1_jec1eu9 wrote

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1

odp01 t1_jecknhf wrote

I have to ask, what's the difference between a degenerate and regard?

1

Chalimis t1_jecxhm3 wrote

Degenerate Gambler versus someone that’s not all there.

1

Preorder_Now t1_jecmubk wrote

Retail trade is not retail trade. I keep mixing these two things up and be confused

1

aSimpleUkrainian t1_jecws2q wrote

The admission we’ve been working on so hard…

1

Helliarc t1_jed7m97 wrote

Yall are going to get options taken away from retail and we'll all move to defi where they can't turn it off...

1

SamCalagione t1_jedbela wrote

This forum is more popular then Bloomberg articles

1

prolific36 t1_jedfoio wrote

When it's really the big boys are the ones pumping a trash market with those 0dtes and futures to dump their bags on us while they use the media they bought to tell us the market is up on "optimism of rate cuts" when j pow explicitly said there would be no pause or cuts. This market is grotesque.

1

Austenny t1_jee5qcx wrote

What no 🚀’s yet!? Let’s get this party started 🎉🚀📈🦍🌮🚀. Did I miss one?

1

121yeeter t1_jeeaqke wrote

Those🚀 are illegal. Please refrain from using them

1

Deadlymedley333 t1_jeeufyg wrote

Here’s hoping my salary goes up like the 7$ carton of eggs did

1

HandiCAPEable t1_jeewova wrote

Now I can be a degenerate at the poker tables AND in the markets!

1

cookiehustler88 t1_jefcapm wrote

how dare they, we are all operating within our personal risk tolerances

1

Thormeaxozarliplon t1_jefghcw wrote

How much money would I need to start off selling d0 options?

1

laberdog t1_jeg5s9f wrote

I would rather read about how a bunch of degenerates went long and make a bundle

1

Big-Toe6215 t1_jegdy2q wrote

retail traders: will diamond hand and lose their money.

street traders: will lose other people's money while charging them to do so.

1

Newhere84939 t1_jegxj8t wrote

Not suspicious at all that SPY has been locked into a channel since this new gamble appeared

1

rickymourke82 t1_jed6291 wrote

Two weeks ago, Bloomberg had somebody on the radio talking about 0DTE being popular amongst institutions and hedge funds. Most be a slow day to turn it into an article about retail doing so.

0

pifhluk t1_jedd77g wrote

Thrills Hedge Funds and banks even more considering they make up 94% of the volume...

0