Calculated Flow | Options & Positioning

Reading positioning, not chasing price
Options | Flow | Market Structure
Real-time setups + breakdowns
Helping you understand what's actually moving price

[Calculated Flow | Options & Positioning @CalculatedFlow]

@sylvan_yo Bought more 15 and 18

[Calculated Flow | Options & Positioning @CalculatedFlow]

@GregIsKitty The earning run hasn’t run fully yet I feel considering the huge volume even after the morning fade

[Calculated Flow | Options & Positioning @CalculatedFlow]

@YoDooley How do you come to that conclusion

[Calculated Flow | Options & Positioning @CalculatedFlow]

@TJTheWheelDeal This gave me a scare!!!

[Calculated Flow | Options & Positioning @CalculatedFlow]

@zebular0 Ooo what is this about

[Calculated Flow | Options & Positioning @CalculatedFlow]

@michaellargent Bro - I love this app- it is the first thing I launch after my broker app - always open. Thanks for making the GME data free

[Calculated Flow | Options & Positioning @CalculatedFlow]

@rnewton7777 This is art!

[Calculated Flow | Options & Positioning @CalculatedFlow]

@gmeorbust0 We gapped up from 20-22 and that gap hasn’t been tested yet - they need to fill that gap

[Calculated Flow | Options & Positioning @CalculatedFlow]

$GME is nicely curling on daily - we are not done yet

[Calculated Flow | Options & Positioning @CalculatedFlow]

$GME WTF is this volume Dark Pool order of 1.11m 724,635 shares

[Calculated Flow | Options & Positioning @CalculatedFlow]

$GME big buys continue to happen after close

[Calculated Flow | Options & Positioning @CalculatedFlow]

@TJTheWheelDeal Extra ketchup please

[Calculated Flow | Options & Positioning @CalculatedFlow]

@TJTheWheelDeal Seems like with these AI stocks there is no roof

[Calculated Flow | Options & Positioning @CalculatedFlow]

$GME We are still seeing huge big buys through out the day

[Calculated Flow | Options & Positioning @CalculatedFlow]

@Malone_Wealth This would be the time for RC to drop that sec file saying they have started buying back

[Calculated Flow | Options & Positioning @CalculatedFlow]

@rnewton7777 He who is not courageous enough to take risks will accomplish nothing in life - Muhammad Ali

[Calculated Flow | Options & Positioning @CalculatedFlow]

@Master_J0n @rnewton7777 I hold over 150 for that - we getting there

[Calculated Flow | Options & Positioning @CalculatedFlow]

@Stonkfather2021 389m sir! We going up up up!

[Calculated Flow | Options & Positioning @CalculatedFlow]

GameStop’s buyback authorization runs through 2029.

Most people see that as a long runway.

This post by @rnewton7777 made me see it as an optionality.

If management believed shares were materially undervalued, they wouldn’t need to announce a buyback years in advance. They could simply act when the opportunity presents itself.

That’s what makes the current setup interesting:

• Billions in cash
• Positive earnings
• No meaningful debt
• Buyback authorization already in place

The authorization itself isn’t the story.

What management chooses to do with it might be.

$GME

[rnewton @rnewton7777]

Before engaging in the biggest hypium post I've ever even considered, I do want to say that I got a little reckless in saying GameStop can make $1.6b a year.

You should definitely use the adjusted net income of $179m and so maybe it would be more fair to say that they can engage in $2b in buybacks off income alone every two years or so. But even still, that is quite impressive considering the $500m Share Buyback Authorization reload in 2019 was funded with cash that was raised by selling assets and the company at that time was actually fairly distressed. This is an entirely different situation now.

But what I wanted to point out, in the middle of the night, lol, is that there are some things I think a bit younger @ryancohen , @michaeljburry , and @TheRoaringKitty each independently saw in GameStop 7 years ago today.

An under priced company with a large cash balance and a very large share buyback authorization.

So while the source of cash is different, the setup isn't.

And I just have to wonder if something like shown below is possible or prudent.

[Calculated Flow | Options & Positioning @CalculatedFlow]

@Vivek4real_ People who bought low still hold - people who bought near these levels think it is better to move to AI