They could, if things get really volatile they can stop trading for 10 minutes
The AMC Stock Discussion Thread
- Thread starter I Really Mean It
- Start date
dude thinks the true short interest for GME is 3000%+
for both GME and AMC the short interest is way higher than people think
RareHunter
All Star
What does this mean? I’m new. Still learning the terms.
MaxBundles
Veteran
Explain this in laymens terms please
He didn't explicitly speak on the market crashing, rather he's saying that the hedge funds have a long list of unfair advantages within the stock market, and are "allegedly" doing illegal shyt, like shorting nonexistent shares (GME was 140% short, which is illegal to go over 100%), so he's happy AMC is spiking.
He also said he can't imagine AMC not exploding if it can maintain $16-17 levels for another couple of weeks, but hedges are playing dirty, so it's not a guarantee. Retail investors should understand that this isn't a traditional investment, and should create their own reasoning for investing in it and exiting.
"Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short interest, which can be expressed as a number or percentage, is an indicator of market sentiment."
In short selling, a position is opened by borrowing shares of a stock or other asset that the investor believes will decrease in value. The investor then sells these borrowed shares to buyers willing to pay the market price.
Before the borrowed shares must be returned, the trader is betting that the price will continue to decline and they can purchase them at a lower cost. The risk of loss on a short sale is theoretically unlimited since the price of any asset can climb to infinity.
RareHunter
All Star
Thanks. I appreciate the reply. So how far does this go?
How many shares would u need of either to see any type of $? Or what do you believe the price of a share can top out at realistically?
Also is what they did considered bad or just playing the game?
they're shorting fake (synthetic) shares. Just a lot of shyt that's supposed to be illegal
This hitting $20 by EOD ? 
Probably in the after hoursThis hitting $20 by EOD ?
Why Did QQQ Options Traders Purchase Almost $3M Of Puts?
Why Did QQQ Options Traders Purchase Almost $3M Of Puts?
Melanie Schaffer 1 hr ago
© Provided by Benzinga
The Invesco QQQ Trust Series 1 (NASDAQ: QQQ) was trading relatively flat Wednesday on very low volume.
Despite not showing substantial signs of weakness, a number of institutions purchased a considerable number of puts, betting over $2.99 million the QQQ Trust Series is either headed lower or they're unsure and wanted to hedge bullish positions. This could be due to the following two possibilities:
Technology sector weakness: Apple Inc (NASDAQ: AAPL), Microsoft Corp. (NASDAQ: MSFT) and Amazon.com Inc (NASDAQ: AMZN) are the top three holdings in the QQQ Trust Series 1, making up 10.94%, 9.70% and 8.38% of its total, respectively. Its largest holdings were mixed on Wednesday with Apple and Microsoft trading lower while shares of Amazon were trading higher. Market turmoil due to a meme stock short squeeze: GameStop Corporation (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC) soared on Wednesday, looking like another larger short squeeze could be on the horizon. When GameStop and AMC skyrocketed in January, major indexes and the QQQ Trust Series fell. Between Jan. 25 and Jan. 29, the QQQ lost 5% of its value before reversing back upwards after most meme stocks plummeted.
See Also: AMC Entertainment Skyrockets And Options Traders Pile In
Why It’s Important: When a sweep order occurs, it indicates the trader wanted to get into a position quickly and is anticipating an imminent large move in stock price. A sweeper pays market price for the call option instead of placing a bid, which sweeps the order book of multiple exchanges to fill the order immediately.
These types of call option orders are usually made by institutions, and retail investors can find watching for sweepers useful because it indicates “smart money” has entered into a position.
The Option Trades: Below is a look at the notable options alerts, courtesy of Benzinga Pro:
At 9:32 a.m., Wednesday a trader executed a put sweep, near the ask, of 502 Invesco QQQ Trust Series 1 options with a strike price of $333 expiring on May 26. The trade represented a $31,626 bearish bet for which the trader paid 63 cents per option contract.
At 9:33 a.m., a trader executed a put sweep, near the ask, of 468 Invesco QQQ Trust Series 1 options with a strike price of $333 expiring on May 26. The trade represented a $34,164 bearish bet for which the trader paid 73 cents per option contract.
At 9:36 a.m., a trader executed a put sweep, near the ask, of 500 Invesco QQQ Trust Series 1 options with a strike price of $333 expiring on May 26. The trade represented a $35,000 bearish bet for which the trader paid 70 cents per option contract.
At 9:42 a.m., a trader executed a put sweep, near the ask, of 750 Invesco QQQ Trust Series 1 options with a strike price of $320 expiring on June 4. The trade represented a $64,500 bearish bet for which the trader paid 86 cents per option contract.
At 9:42 a.m., a trader executed a put sweep, near the ask, of 880 Invesco QQQ Trust Series 1 options with a strike price of $334 expiring on May 26. The trade represented a $117,040 bearish bet for which the trader paid $1.33 per option contract.
At 9:43 a.m., a trader executed a put sweep, near the ask, of 750 Invesco QQQ Trust Series 1 options with a strike price of $320 expiring on June 4. The trade represented a $65,250 bearish bet for which the trader paid 87 cents per option contract.
At 9:50 a.m., a trader executed a put sweep, near the ask, of 1000 Invesco QQQ Trust Series 1 options with a strike price of $334 expiring on May 26. The trade represented a $142,000 bearish bet for which the trader paid $1.42 per option contract.
At 10:00 a.m., a trader executed a put sweep, above the ask, of 704 Invesco QQQ Trust Series 1 options with a strike price of $330 expiring on May 28. The trade represented a $76,032 bearish bet for which the trader paid $1.08 per option contract.
At 10:40 a.m., a trader executed a put sweep, near the ask, of 3000 Invesco QQQ Trust Series 1 options with a strike price of $306 expiring on June 4. The trade represented a $75,000 bearish bet for which the trader paid 25 cents per option contract.
At 10:43 a.m., a trader executed a put sweep, near the ask, of 1000 Invesco QQQ Trust Series 1 options with a strike price of $320 expiring on Aug. 20 trade represented a $922,000 bearish bet for which the trader paid $9.22 per option contract.
At 11:21 a.m., a trader executed a put sweep, near the ask, of 1100 Invesco QQQ Trust Series 1 options with a strike price of $332 expiring on June 4. The trade represented a $304,700 bearish bet for which the trader paid $2.77 per option contract.
At 12:00 p.m., a trader executed a put sweep, near the ask, of 2038 Invesco QQQ Trust Series 1 options with a strike price of $315 expiring on July 16. The trade represented a $949,708 bearish bet for which the trader paid $4.66 per option contract.
At 12:41 p.m., a trader executed a put sweep, near the ask, of 100 Invesco QQQ Trust Series 1 options with a strike price of $320 expiring on June 14. The trade represented a $949,708 bearish bet for which the trader paid $1.82 per option contract.
Why Did QQQ Options Traders Purchase Almost $3M Of Puts?
Melanie Schaffer 1 hr ago
The Invesco QQQ Trust Series 1 (NASDAQ: QQQ) was trading relatively flat Wednesday on very low volume.
Despite not showing substantial signs of weakness, a number of institutions purchased a considerable number of puts, betting over $2.99 million the QQQ Trust Series is either headed lower or they're unsure and wanted to hedge bullish positions. This could be due to the following two possibilities:
Technology sector weakness: Apple Inc (NASDAQ: AAPL), Microsoft Corp. (NASDAQ: MSFT) and Amazon.com Inc (NASDAQ: AMZN) are the top three holdings in the QQQ Trust Series 1, making up 10.94%, 9.70% and 8.38% of its total, respectively. Its largest holdings were mixed on Wednesday with Apple and Microsoft trading lower while shares of Amazon were trading higher. Market turmoil due to a meme stock short squeeze: GameStop Corporation (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC) soared on Wednesday, looking like another larger short squeeze could be on the horizon. When GameStop and AMC skyrocketed in January, major indexes and the QQQ Trust Series fell. Between Jan. 25 and Jan. 29, the QQQ lost 5% of its value before reversing back upwards after most meme stocks plummeted.
See Also: AMC Entertainment Skyrockets And Options Traders Pile In
Why It’s Important: When a sweep order occurs, it indicates the trader wanted to get into a position quickly and is anticipating an imminent large move in stock price. A sweeper pays market price for the call option instead of placing a bid, which sweeps the order book of multiple exchanges to fill the order immediately.
These types of call option orders are usually made by institutions, and retail investors can find watching for sweepers useful because it indicates “smart money” has entered into a position.
The Option Trades: Below is a look at the notable options alerts, courtesy of Benzinga Pro:
At 9:32 a.m., Wednesday a trader executed a put sweep, near the ask, of 502 Invesco QQQ Trust Series 1 options with a strike price of $333 expiring on May 26. The trade represented a $31,626 bearish bet for which the trader paid 63 cents per option contract.
At 9:33 a.m., a trader executed a put sweep, near the ask, of 468 Invesco QQQ Trust Series 1 options with a strike price of $333 expiring on May 26. The trade represented a $34,164 bearish bet for which the trader paid 73 cents per option contract.
At 9:36 a.m., a trader executed a put sweep, near the ask, of 500 Invesco QQQ Trust Series 1 options with a strike price of $333 expiring on May 26. The trade represented a $35,000 bearish bet for which the trader paid 70 cents per option contract.
At 9:42 a.m., a trader executed a put sweep, near the ask, of 750 Invesco QQQ Trust Series 1 options with a strike price of $320 expiring on June 4. The trade represented a $64,500 bearish bet for which the trader paid 86 cents per option contract.
At 9:42 a.m., a trader executed a put sweep, near the ask, of 880 Invesco QQQ Trust Series 1 options with a strike price of $334 expiring on May 26. The trade represented a $117,040 bearish bet for which the trader paid $1.33 per option contract.
At 9:43 a.m., a trader executed a put sweep, near the ask, of 750 Invesco QQQ Trust Series 1 options with a strike price of $320 expiring on June 4. The trade represented a $65,250 bearish bet for which the trader paid 87 cents per option contract.
At 9:50 a.m., a trader executed a put sweep, near the ask, of 1000 Invesco QQQ Trust Series 1 options with a strike price of $334 expiring on May 26. The trade represented a $142,000 bearish bet for which the trader paid $1.42 per option contract.
At 10:00 a.m., a trader executed a put sweep, above the ask, of 704 Invesco QQQ Trust Series 1 options with a strike price of $330 expiring on May 28. The trade represented a $76,032 bearish bet for which the trader paid $1.08 per option contract.
At 10:40 a.m., a trader executed a put sweep, near the ask, of 3000 Invesco QQQ Trust Series 1 options with a strike price of $306 expiring on June 4. The trade represented a $75,000 bearish bet for which the trader paid 25 cents per option contract.
At 10:43 a.m., a trader executed a put sweep, near the ask, of 1000 Invesco QQQ Trust Series 1 options with a strike price of $320 expiring on Aug. 20 trade represented a $922,000 bearish bet for which the trader paid $9.22 per option contract.
At 11:21 a.m., a trader executed a put sweep, near the ask, of 1100 Invesco QQQ Trust Series 1 options with a strike price of $332 expiring on June 4. The trade represented a $304,700 bearish bet for which the trader paid $2.77 per option contract.
At 12:00 p.m., a trader executed a put sweep, near the ask, of 2038 Invesco QQQ Trust Series 1 options with a strike price of $315 expiring on July 16. The trade represented a $949,708 bearish bet for which the trader paid $4.66 per option contract.
At 12:41 p.m., a trader executed a put sweep, near the ask, of 100 Invesco QQQ Trust Series 1 options with a strike price of $320 expiring on June 14. The trade represented a $949,708 bearish bet for which the trader paid $1.82 per option contract.
Kenny West
Veteran
Bringing back the January classics
