Brendan Weinstein

Investor | Financial Professional x Derivative Degen

[Brendan Weinstein @BMWeinstein]

@LogicalThesis Tell me about it 😂

[Brendan Weinstein @BMWeinstein]

@JaguarAnalytics Did you use trading days only? Think the mathz are actually a little worse than that 😂

59/ day, 9/Hr

A trade every 7th min.

Turnover is absurd

[Brendan Weinstein @BMWeinstein]

@OHare888 Grandpa O’hare’s gonna have a nice ring to it 😝

[Brendan Weinstein @BMWeinstein]

Like sex, far better when naked.

[J.D. Banker @DadInvest]

Sure sex is good but have you ever had a covered call expire worthless?

[Brendan Weinstein @BMWeinstein]

@FirstSquawk Here ya go

https://t.co/cawXXCi4PE

[Brendan Weinstein @BMWeinstein]

@unusual_whales https://t.co/cawXXCi4PE

[Brendan Weinstein @BMWeinstein]

I AI Slopped a thing 🤫
✌️

https://t.co/cawXXCi4PE

[Brendan Weinstein @BMWeinstein]

@itslennyj

[Brendan Weinstein @BMWeinstein]

It baffles my mind - for real. How does this shit actually still get this much attention? When you got a president making 3600 trades in a quarter with turnover timing better than a pancake maker.

So for shits and gigs here’s how it works. I wake up Monday and I write a call and buy a put at the same strike.

I am synthetically short the underlying equity.

I am praying these people learned that a synthetic share is not a thing. For instance, If you own 1 call, do you say you own 100 shares? Are you about to buy them? Did you have to pay for them all right now? No. But they let you trade the premiums on them as though you could, or would. Don’t see anybody complaining when they make money on the opposite side of the exact same trade. That’s what a long call is. The right to buy 100 shares.

Selling that contract, Gives somebody else the right to put me naked short 100 shares of $GME by calling them away from me because well, why would I ever own this toy of an equity. In this scenario - Yes, I am short the 100 shares of the stock now, naked as I don’t own the underlying. The broker isn’t naked. They weren’t unable to locate, as it gets located and I am paying a borrow rate allowing me borrow the shares to sell and receive the cash for the 100 shares.

So long as I’m within my margin requirements, I am 100% allowed to be naked short any stock I can locate a borrow. There’s no share that gets synthetically injected into the float somehow in a secret backdoor open network @sparker put together for elitists to enrich themselves off of retail traders. Getting gutted in an open market is just what happens to unaware bait.

As for the shark in the water. They��ll even gut their own, don’t think twice the dealers all play together against retail. How do you think Plotkin actually lost his firm? The cost of getting out of the trade - from another dealer - who did have enough equity to close him out. Except your firms now mine. Sorry pal.

Whales are cool and all, but everyone is scared of the shark in the water. Even the whale.

[Userofintellect @userofintellect]

HOLY MOTHER OF NAKED SHORTS!! 🚨

$GME now has 1041% short interest! This is an all-time high since we started systematically tracking SYNTHETIC short interest data.

I discussed the $GME setup earlier, and now there is data to prove the sleight of hand Ryan Cohen pulled on Wall Street. The shorts (read brokers and market makers) are trapped. Here is why:

View live data:
https://t.co/ZsPWVbxEAX

GameStop is now among the Top 10 on the Synthetic Short Interest Leaderboard with $91 BILLION value:

https://t.co/W2ikPaWVhp

Methodology explained here:
https://t.co/shKaiHzGnv

[Brendan Weinstein @BMWeinstein]

Taste of his own medicine 😭

[Vatnik Soup @P_Kallioniemi]

China has really planned out the propaganda during Trump's visit. They even gave them different-sized chairs so that Xi would appear bigger than Trump.

[Brendan Weinstein @BMWeinstein]

I love Amex giving ChatGPT statement credits now

Funny that this isn’t AI

[Brendan Weinstein @BMWeinstein]

@iBladesi @thatgirltrader They’re right above Mar-A-Lago in the league tables currently

[Brendan Weinstein @BMWeinstein]

Better headline: U.S. Open at Shinnecock (Southampton) leads to surge in monthly rental rate.

[New York Post @nypost]

The Hamptons summer housing market hits record highs - with $1M monthly rent now routine https://t.co/MwYycwxWDG

[Brendan Weinstein @BMWeinstein]

“We pay for Claude code”

[zerohedge @zerohedge]

*PAYPAL PARTNERS WITH ANTHROPIC

[Brendan Weinstein @BMWeinstein]

Just sayin they told me in 2021

[Audemars Piguet @AudemarsPiguet]

@bmweinstein @dantelex A black ceramic with integrated bracelet & a mechanical movement inside ?

[Brendan Weinstein @BMWeinstein]

@TuttleCapital I hear you on that, and while I agree this is the way it’s always been. 👇

[Nick Abouzeid, EA @nickabouzeid]

This is a nothing burger.

Companies have never been party to forward contracts. They’ve always been under the table without the company’s knowledge

The company always ultimately pay the original shareholder, who then (under an ideal path) pays the purchaser of the forward contract out of the proceeds

This statement is designed to educate buyers who didn’t know these forwards were under the table they they are - which if they didn’t know, they shouldn’t be startup investing

[Nick Abouzeid, EA @nickabouzeid]

This is a nothing burger.

Companies have never been party to forward contracts. They’ve always been under the table without the company’s knowledge

The company always ultimately pay the original shareholder, who then (under an ideal path) pays the purchaser of the forward contract out of the proceeds

This statement is designed to educate buyers who didn’t know these forwards were under the table they they are - which if they didn’t know, they shouldn’t be startup investing