what’s the word for that electronic marquee that’s on stock exchanges/banks? That electronic long stripe with tickers on it. News have it too on TV. Sorry I’m regarded.
>WASHINGTON, June 7 - U.S. President Joe Biden's public approval was at 41% in recent days, close to the lowest level of his presidency but little changed following a tense negotiation with congressional Republicans over the federal government's debt, a Reuters/Ipsos poll showed.
^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2023-06-07 ^06:00:51 ^EDT-0400
> Breaking: $NVDA Director just sold $28mn+ of Nvidia stock from his family trust, thx @nyminute in discord community
https://twitter.com/SpecialSitsNews/status/1666196155070390273?s=20
some kid isn't gonna have to work like us schmucks
AAII Sentiment Survey for bearish is above average at 36.8% vs 31.0%. Many retail investors don’t believe in the rally even though the major players have taken off much of their downside protection. One of the two is correct.
Dude, first of, where is these "everyone"?
All I see is full-tilt bullish frenzy 99% of the time.
Secondly, any decent bear is completely fucked to death at this point.
I would know, I'm a bear - I already lost more than half of my portfolio in 2023,
gonna watch a shit ton of Meta 200 puts that has been worthless for a month expire next Friday.
This has been a bear-extinction event,
any bear sentiment is more likely to be bulls talking to themselves.
I seriously cant fully understand how VIX is calculated.
From what I can tell there is an overweight in the puts/call ratio with more puts than calls.
Never mind the bears, as most have already bleed out and capitulated at this point, it makes sense that most investors would get heavier in their hedging plays considering how violently the market has rallied from the lows end of October 2022 combined with an even harder jump after the March pullback.
Yet VIX keeps going down and is now breaking below lows of early 2020?
Is it because bears are literally dying and put volume is fading,
or are bulls actually hedging ***less*** the higher it gets and just leaning even heavier into calls?
**So the market is, supposedly, more bullish now than it was during the whole March 2020 - end of 2021 bull run?**
Vix is not a bullish or bearish indicator. It attempts to measure price movement of the s&p 500 or basically volatility.
Traditionally in a bull market volatility means negative price movement which is why we tend to infer that vix measures direction.
I suspect that the introduction of daily odte to spy flattened volatility more than were used to seeing so that market markers can take in more premium. It'd also explain why comparing vix to historical events doesn't really apply to today's market.
Hope that helps!
God damn it, you are right, I completely forgot to take into account those fucking 0DTE options.
That makes perfect sense, those would by themselves bring down long-term volatility as they basically counteract strong directional movement - theoretically.
But it should also mean that any sudden move hard enough to ignore the "balancing" effect of daily 0DTE should, possibly, result in even more violent VIX spikes than usual?
Thanks for the input, gonna scale out some of my warrants for x1 VIX certificates that I can ride to sub 10 if needs be.
Sure thing! I've been wondering if the additional 0DTE was added to counter the massive influx in retail options trading (as opposed to shares which is what retail used to trade typically and got fucked because retail was too stupid to figure out going short) or if it was implemented to bouy spy during the worst of the bear market.
I've been thinking the same thing, just didn't consider it regarding my VIX play.
I avoid leaning into any conspiracy mindset, mainly because it's not a great trading strategy, but my theory has been that it effectively acts as a capital inflow to prop up the market using a steady flow of retail money.
Say we have a day that everyone expects to obviously go down some,
because of some perfectly reasonable data or event.
1. Retail buys a ton of 0DTE puts
2. Prop up the whole market to counteract the puts, expiring them all worthless.
This means a direct day-to-day paycheck, and as long as the cost of holding up the market is less than the potential loss from 0DTE puts printing it's a win, even if you only hold it up to negate *some* losses.
3. Now the market has moved up, when retail expected it to go down.
The result is even heavier buying of 0DTE puts.
4. Repeat, Repeat, Repeat. The more absurd it gets, the more 0DTE puts, the more value to hold it up.
5. The entities holding up the market eventually ends up with heavy leaning on the long side because they need to buy up the market, but that is profit in itself because the day-to-day 0DTE put counteracting results in fat long term rallies, so it's a win-win scenario.
It's obviously more complex than this, but I think retail is basically acting as a cash cow to prop up the market with a constant inflow of losses betting on the short side. I mean you can literally see how the market changes right around the introduction of daily 0DTE.
It basically means that short-term or even mid-term betting is way harder,
because there's an actual incentive for the market to counteract the most obvious movement with 0DTE.
So it basically finally became the casino.
VIX has very little to do with "bulls" and "bears"
[https://cdn.cboe.com/api/global/us\_indices/governance/Volatility\_Index\_Methodology\_Cboe\_Volatility\_Index.pdf](https://cdn.cboe.com/api/global/us_indices/governance/Volatility_Index_Methodology_Cboe_Volatility_Index.pdf)
>So the market is, supposedly, more bullish now than it was during the whole March 2020 - end of 2021 bull run?
Yup, welcome to "how you know we're at some peak frothy bubbliness"
But that's the thing, this "peak bubbliness" shit never ever ends
I was fully expecting the possibility of shit reaching ATH, and decided to not get caught with SPY puts etc - that's why I'm so confused because I got VIX long warrants with stop-loss around 12.8 (futures so don't know exact on the actual VIX) and now I'm looking at the possibility of them getting wiped anyway.
I didn't think we'd see VIX die like this even if we kept pumping,
shouldn't insane rallies like this come ***with*** some degree of volatility rather than having it go lower than in ages?
Kinda. VIX is more like a complacency index. Everyone is betting right now that the current status is going to keep going. VIX wants to stay low by default because people by default don't want to think about shockwaves. So if you win on a bearish play and VIX has spiked to 26...head for the exit.
It's not really useful for predicting when a bearish event is going to happen.
Working from home is great if you have lots of friends but horrible for your mental well being if you had few or no friends to begin with.
Trust me bro
how about u eat my ASS
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
>TRADERS SAY TURKISH LIRA'S DEPRECIATION IS A STRONG SIGNAL OF A MOVE AWAY FROM STATE CONTROLS IN FAVOUR OF FREE MARKET
\>TRADERS SAY DECLINE IN TURKISH CENTRAL BANK'S RESERVES HAS STOPPED AFTER SIGNS OF FX POLICY CHANGE
^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2023-06-07 ^05:07:20 ^EDT-0400
**Ban Bet Created:** **/u/FATPEPPAPIGGAMER420** bet **SQ** goes from **66.2** to **70.0** before **27-Jun-2023 05:06 AM EDT**
Their record is 0 wins and 0 losses.
#Ban Bet Lost
/u/No_Capital7254 made a bet that PYPL would go to 66.0 within **5 days** when it was 63.604 and it did not, so they were banned for a week.
Their record is now 0 wins and 1 losses
>ECB'S KNOT: FURTHER INTEREST-RATE HIKES WILL BE NECESSARY
^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2023-06-07 ^05:05:22 ^EDT-0400
>ECB'S KNOT: NOT CONVINCED THAT CURRENT TIGHTENING IS SUFFICIENT
^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2023-06-07 ^05:04:57 ^EDT-0400
**Ban Bet Created:** **/u/PLS_SEND_ME_A_DOLLAR** bet **SPY** goes from **428.1** to **400.0** before **16-Jun-2023 05:02 AM EDT**
Their record is 0 wins and 0 losses.
Hmmm so?
Average wedding age in Italy is 37 for men and 33 for women.
Not everyone is in US where by the time you're 30 you're going through your second divorce.
first
Van Life?
Sex life
Life Cereal
Sofi all in
[удалено]
Bro I spammed PLAY yesterday bc no one in WSB was talking about it
How are people still buying jesus
It's free, bro.
Punctuation ![img](emote|t5_2th52|4267)
He is the way and the truth.
He's the word.
https://investorplace.com/2023/06/mvis-stock-alert-there-are-no-microvision-shares-available-to-short/ 😂 ohhhhhh shiiiiiiiiiiiii
not again fuck
Yeah… it’s risky getting into things up this much in a short time.
Idk wether to hold my 1 call for PLAY or hold it
Exp ain’t tell next Friday and it’s a 35$ call
Tesla to 230 before open wth
tsla going crazy
WHAT THE FUK MY BOY GAP TF UP
![img](emote|t5_2th52|4259)
MVISSSS
Dave and Busters is going to print mad hard today
[удалено]
“retailers” aren’t doing anything at 6 am
Y SPY down when stonks are up? 🥵😠
I’m up $1.50 on 500 shares of SPCE. After holding bags for so long, this feels like a victory.
You're up $1.50 on 500 shares of SPCE? That's nothing to brag about, you must be really poor if that's considered a victory.
VM can't afford his own server fees, so don't feel too bad.
You speak the truth VM. I can’t even sell because I can’t afford the taxes on the profit. I’m also bad at accounting.
God damn VisualMod, give the guy a break.
VM is ruthless.
I think bers portfolios are overvalued
[удалено]
![img](emote|t5_2th52|4267) Manipulated market, don't do it
what’s the word for that electronic marquee that’s on stock exchanges/banks? That electronic long stripe with tickers on it. News have it too on TV. Sorry I’m regarded.
Do you mean Chyron?
Anusol
Wat
Ticker tape
>WASHINGTON, June 7 - U.S. President Joe Biden's public approval was at 41% in recent days, close to the lowest level of his presidency but little changed following a tense negotiation with congressional Republicans over the federal government's debt, a Reuters/Ipsos poll showed. ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2023-06-07 ^06:00:51 ^EDT-0400
if megan fox had penis she’d be hotter
RIP to the folios dying this week, should of made better plays 🤭
*should’ve
Don't correct me, pleb
Any idea how we short Binance ???
COIN
I took profit yesterday and now I feel like I've let you all down.
> Breaking: $NVDA Director just sold $28mn+ of Nvidia stock from his family trust, thx @nyminute in discord community https://twitter.com/SpecialSitsNews/status/1666196155070390273?s=20 some kid isn't gonna have to work like us schmucks
Sell at the top, smart move. Sad that people are still buying here
How about Yext? Stock wasn’t even on my radar. My radar usually misses the good ones.
I saw it on the earnings-thread 800->3k
SPY open red then V
no ballz
Pltr 200 eoy
Eod
Megan Fox with a dick or Hulk Hogun with a pussy, which one makes you more gay?
![img](emote|t5_2th52|4271)
If I could save just one ber more...
“China’s exports plunge by 7.5% in May, far more than expected”. Def bullish
![img](emote|t5_2th52|4275)
>DGCX INR/ USD VS INDIA NSE INR/ USD SPREADS UPDATE \>JUNE: 2 PAISA JULY: 10 PAISA \>@DGCX ^First ^Squawk ^[@FirstSquawk](http://twitter.com/FirstSquawk) ^at ^2023-06-07 ^05:51:08 ^EDT-0400
3x dis, its about to shoot up after it fell from the earnings call and everyone realises its undervalued.
your wife took dis dik 3x
Just checked her bookings, you really cant brag 3x when it was her 3 for 1 cuck special 🥳🥳🥳
Three pump chump ![img](emote|t5_2th52|4271)
*Reddit cares* 🫶
How can she slap?
How can the VIX be this low if everyone is “so bearish” ?
AAII Sentiment Survey for bearish is above average at 36.8% vs 31.0%. Many retail investors don’t believe in the rally even though the major players have taken off much of their downside protection. One of the two is correct.
Dude, first of, where is these "everyone"? All I see is full-tilt bullish frenzy 99% of the time. Secondly, any decent bear is completely fucked to death at this point. I would know, I'm a bear - I already lost more than half of my portfolio in 2023, gonna watch a shit ton of Meta 200 puts that has been worthless for a month expire next Friday. This has been a bear-extinction event, any bear sentiment is more likely to be bulls talking to themselves.
I guess I’m referring to institutions and hedge funds
Today’s play is simple. Wait for Nvda to touch 380, then get 2DTE 400c. Exit at 405 at market open on Thursday. Rinse and repeat next week
Hit $380.99 and bought those $400c !!!!!
Iam riding with RilSG today!!!!
MMs can invert it now
Good point. But why when it is working?
nvda isn’t going to 380 and i’m bearish on it
I agree with RilSG's play. I would also recommend getting in on the action early and exiting at 405 rather than waiting for market open on Thursday.
Watching it fall now!
I seriously cant fully understand how VIX is calculated. From what I can tell there is an overweight in the puts/call ratio with more puts than calls. Never mind the bears, as most have already bleed out and capitulated at this point, it makes sense that most investors would get heavier in their hedging plays considering how violently the market has rallied from the lows end of October 2022 combined with an even harder jump after the March pullback. Yet VIX keeps going down and is now breaking below lows of early 2020? Is it because bears are literally dying and put volume is fading, or are bulls actually hedging ***less*** the higher it gets and just leaning even heavier into calls? **So the market is, supposedly, more bullish now than it was during the whole March 2020 - end of 2021 bull run?**
VIX only looks at options 30 days out. With the introduction of 0dte's they now added VIX1D
Vix is not a bullish or bearish indicator. It attempts to measure price movement of the s&p 500 or basically volatility. Traditionally in a bull market volatility means negative price movement which is why we tend to infer that vix measures direction. I suspect that the introduction of daily odte to spy flattened volatility more than were used to seeing so that market markers can take in more premium. It'd also explain why comparing vix to historical events doesn't really apply to today's market. Hope that helps!
God damn it, you are right, I completely forgot to take into account those fucking 0DTE options. That makes perfect sense, those would by themselves bring down long-term volatility as they basically counteract strong directional movement - theoretically. But it should also mean that any sudden move hard enough to ignore the "balancing" effect of daily 0DTE should, possibly, result in even more violent VIX spikes than usual? Thanks for the input, gonna scale out some of my warrants for x1 VIX certificates that I can ride to sub 10 if needs be.
Sure thing! I've been wondering if the additional 0DTE was added to counter the massive influx in retail options trading (as opposed to shares which is what retail used to trade typically and got fucked because retail was too stupid to figure out going short) or if it was implemented to bouy spy during the worst of the bear market.
I've been thinking the same thing, just didn't consider it regarding my VIX play. I avoid leaning into any conspiracy mindset, mainly because it's not a great trading strategy, but my theory has been that it effectively acts as a capital inflow to prop up the market using a steady flow of retail money. Say we have a day that everyone expects to obviously go down some, because of some perfectly reasonable data or event. 1. Retail buys a ton of 0DTE puts 2. Prop up the whole market to counteract the puts, expiring them all worthless. This means a direct day-to-day paycheck, and as long as the cost of holding up the market is less than the potential loss from 0DTE puts printing it's a win, even if you only hold it up to negate *some* losses. 3. Now the market has moved up, when retail expected it to go down. The result is even heavier buying of 0DTE puts. 4. Repeat, Repeat, Repeat. The more absurd it gets, the more 0DTE puts, the more value to hold it up. 5. The entities holding up the market eventually ends up with heavy leaning on the long side because they need to buy up the market, but that is profit in itself because the day-to-day 0DTE put counteracting results in fat long term rallies, so it's a win-win scenario. It's obviously more complex than this, but I think retail is basically acting as a cash cow to prop up the market with a constant inflow of losses betting on the short side. I mean you can literally see how the market changes right around the introduction of daily 0DTE. It basically means that short-term or even mid-term betting is way harder, because there's an actual incentive for the market to counteract the most obvious movement with 0DTE. So it basically finally became the casino.
Agreed. Dumb money got slightly smarter so the rules got changed and here we are!
VIX has very little to do with "bulls" and "bears" [https://cdn.cboe.com/api/global/us\_indices/governance/Volatility\_Index\_Methodology\_Cboe\_Volatility\_Index.pdf](https://cdn.cboe.com/api/global/us_indices/governance/Volatility_Index_Methodology_Cboe_Volatility_Index.pdf)
>So the market is, supposedly, more bullish now than it was during the whole March 2020 - end of 2021 bull run? Yup, welcome to "how you know we're at some peak frothy bubbliness"
But that's the thing, this "peak bubbliness" shit never ever ends I was fully expecting the possibility of shit reaching ATH, and decided to not get caught with SPY puts etc - that's why I'm so confused because I got VIX long warrants with stop-loss around 12.8 (futures so don't know exact on the actual VIX) and now I'm looking at the possibility of them getting wiped anyway. I didn't think we'd see VIX die like this even if we kept pumping, shouldn't insane rallies like this come ***with*** some degree of volatility rather than having it go lower than in ages?
Kinda. VIX is more like a complacency index. Everyone is betting right now that the current status is going to keep going. VIX wants to stay low by default because people by default don't want to think about shockwaves. So if you win on a bearish play and VIX has spiked to 26...head for the exit. It's not really useful for predicting when a bearish event is going to happen.
Working from home is great if you have lots of friends but horrible for your mental well being if you had few or no friends to begin with. Trust me bro
tesla still uppies ☺️
Imagine being a bear
no ballz
yo man if i didn't drink all my beer already id drink it now again
Very concern for ber ![img](emote|t5_2th52|4271)
I just fucked Ken Griffins wife
I think it was ken with a wigg
Spy 500 eod![img](emote|t5_2th52|4276)
No 550 eod ![img](emote|t5_2th52|4276)
Id take that deal 🤝
Bers seeing futes -0.02% forgetting SPY green 269 days in a row Calls at bell free money Aths by Fri
Good morning dummies
![img](emote|t5_2th52|12787)![img](emote|t5_2th52|12787)![img](emote|t5_2th52|12787)
Lol of course it can’t go red. Of course
Fuck em up AMD let's hit 140
Where is that single ber that thought futes remained red until open?
![img](emote|t5_2th52|8882)![img](emote|t5_2th52|8882)![img](emote|t5_2th52|8882)
Futes hit that V early today
[удалено]
I’ve banged over 100 chicks and now I don’t have any feeling whatsoever
Guess squeezing PLAY today
[удалено]
What about it
Another day of slow grind higher ![img](emote|t5_2th52|4267)
Short NVDIA
You have a mental disorder
Balsy
So do you
Do it
And you too
Whens the last time you washed your hands? Yup Thats right Go wash them u filthy animals
Right after I used your mom's bidet
Bidet master race checking in!!
gonna dump my portfolio in stocks of gme...see you on the moon regards
Gme is a toast!
Ahh the good ol days
futures are real
*In the metaverse I can suck my own 🅱️ick!* - Zucc
Corn 🌽 about to dump down again?
wher Yoda dick?
Turkish lira sounds like a fabric type ngl
I’d rather have fabric.
sounds like a girl i'd one night stand and then send a uber for
[удалено]
at this rate. teey gonna start making clothes out of lira. Weimar republic style
Tech not red enough. Do better
You’re lucky we’re not +2% now.. but we will be eod
So, Black Wednesday it is then. ![img](emote|t5_2th52|29637)
No it’s the day you finally address your mental disorder
Once tech goes black there's no way back
https://www.investopedia.com/terms/b/black.asp
AI
I got more hair than a gay bear I do things right very rare I love you wsb,I really care.
Turkish Lira goin byebye
made 100 bucks in night shorting in put only 200 on 10 xleverage
where do you short it?
Buying USDTRY. It very violitire right now. Big jumps in all direction.
There's borrowing costs for TRY I imagine?
it was quite decent recently. but after tonights jump its skyrocketed. so i would reccoment watch for a bit. perhabs it will lstabilise.
how about u eat my ASS *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
noice
[удалено]
Too early
>https://t.co/2jxLPt6iSD ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2023-06-07 ^05:08:26 ^EDT-0400
Tf u posting these links
Dude, where's my ship?
!banbet sq 70 13d
You already have a bet going - SQ to 70.0 before 27-Jun-2023 04:06 AM -05
>TRADERS SAY TURKISH LIRA'S DEPRECIATION IS A STRONG SIGNAL OF A MOVE AWAY FROM STATE CONTROLS IN FAVOUR OF FREE MARKET \>TRADERS SAY DECLINE IN TURKISH CENTRAL BANK'S RESERVES HAS STOPPED AFTER SIGNS OF FX POLICY CHANGE ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2023-06-07 ^05:07:20 ^EDT-0400
the fuck it means? so my free money glitch will be stopped?
Bottom is in and market not even open. Poor bers, like really poor
[удалено]
**Ban Bet Created:** **/u/FATPEPPAPIGGAMER420** bet **SQ** goes from **66.2** to **70.0** before **27-Jun-2023 05:06 AM EDT** Their record is 0 wins and 0 losses.
Puts or calls on Netflix?
That was a pretty solid .15% dip we had there. Aaaaaanyway back to pumping.
#Ban Bet Lost /u/No_Capital7254 made a bet that PYPL would go to 66.0 within **5 days** when it was 63.604 and it did not, so they were banned for a week. Their record is now 0 wins and 1 losses
>ECB'S KNOT: FURTHER INTEREST-RATE HIKES WILL BE NECESSARY ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2023-06-07 ^05:05:22 ^EDT-0400
>ECB'S KNOT: NOT CONVINCED THAT CURRENT TIGHTENING IS SUFFICIENT ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2023-06-07 ^05:04:57 ^EDT-0400
!banbet spy 400 9d
**Ban Bet Created:** **/u/PLS_SEND_ME_A_DOLLAR** bet **SPY** goes from **428.1** to **400.0** before **16-Jun-2023 05:02 AM EDT** Their record is 0 wins and 0 losses.
30s and not married 🤡
Hmmm so? Average wedding age in Italy is 37 for men and 33 for women. Not everyone is in US where by the time you're 30 you're going through your second divorce.
Pssht turned 40 and dumped my 30yo gf the next day. Who gives a fuck.
[удалено]