@RyanTanaka@HalcyonHypnotic Hadn’t thought about it that way, definitely engineering marvels, and then the schedules that they hit are astounding. Maybe you should apply :)
Potential GME Short Squeeze: How High Could It Go? 🚨
Roaring Kitty (Keith Gill) holds 12 million in-the-money GME call options. Recent 13F filings reveal top call-option sellers can’t cover this demand!
Top Sellers’ Positions:
•Susquehanna: 2.6M
•Citadel: 0.7M
•Jane Street: 0.9M
•IMC-Chicago: 1.5M
•Simplex: 1.1M
•Group One: 1.1M
•LMR Partners: 0.1M
•Tidal Investments: 0.14M
•Walleye Trading: 0.14M
Total needed: 12M. Total held by institutions: 9.28M.
What This Means:
•Shortfall: There’s a shortfall of 2.72 million shares that institutions don’t hold but need to cover. 📉
•Urgent Buying: If Roaring Kitty exercises his options, these sellers will urgently need to buy GME shares, potentially causing a massive price surge due to the sudden spike in demand. 🚀
Price Projection:
•Initial Surge: Prices could quickly surpass the previous high of $483.
•Extended Rally: Prices could theoretically reach $1000+ in an extreme squeeze scenario, especially with strong retail holding and additional buying pressure.
Catastrophic Impact:
•Market Chaos: If both Roaring Kitty and retail traders start exercising their call options, the demand for shares could far exceed availability, leading to a dramatic increase in stock price.
•Retail Power: Retail traders have held GME for over three years, showing strong resolve. If they start exercising en masse, it could amplify the squeeze, leading to catastrophic losses for institutions trying to cover their positions.
Why It Matters:
•This could be another historic short squeeze moment! The combination of institutional shortfall and retail traders’ potential actions creates a scenario where GME’s price could skyrocket. Stay informed and watch GME closely!
#GME #DFV #StockMarket #Investing #Finance #WallStreetBets