GAMESTOP & AMC ๐๐: BOUNCE TIME?!
LIVE STOCK MARKET ACTION & PREDICTIONS ๐๐๐
Let's talk about GME, AMC, Tesla, Bitcoin & everything else going on in the Stock Market!
https://otctransparency.finra.org/otctransparency/OtcIssueData
๐๐๐ Discord: https://www.patreon.com/MattKohrs
๐ฐOptions Picker: http://bit.ly/Tiblio
๐ฐWebull: http://bit.ly/MKohrsWebull
๐ฐCharting Software: http://bit.ly/TradingViewChartingSoftware
๐ปCyber Ghost VPN: https://bit.ly/MoonGangVPN
Get up to $250 FREE in Bitcoin: https://blockfi.com/matt
Safely Store Your Crypto: http://bit.ly/KohrsNanoX
๐ YouTube Channel: http://bit.ly/MattKohrs
๐ฆ Twitter: https://twitter.com/matt_kohrs
๐ท Insta: https://www.instagram.com/matt_kohrs/
Book Recommendations:
๐Technical Analysis: https://amzn.to/3p6QYk8
๐Trading Psychology: https://amzn.to/2Z3sjCM
๐Stock Operator: https://amzn.to/2N76K1j
๐Pit Bull: https://amzn.to/2Ndk4kV
Video As A Podcast:
๐ง Apple: https://podcasts.apple.com/us/podcast/moon-money/id1550699494
๐ง Spotify: https://open.spotify.com/show/6kdJCHY0VMqLzIxwCHU59A
#AMC #GME #MoonGang
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
Thanks for Watching!
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Performance results are hypothetical and all trades are simulated. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
Video Topics:
matt kohrs, matt kors, matt kohrs live, trading live, stocks, stock market, investing, investing for beginners, amc, gme, wsb, wall street bets, tlry, cannabis stocks, apha, top stocks, best stocks, stock market news, trading news, breaking news, stock picks, stock market live, top stocks 2021, best stocks 2021, bitcoin, crypto, palantir, pltr, amc stock, market crash ,stock market crash, gamestop, gme stock, gamestop stock, amc short squeeze, gme short squeeze, wallstreetbets
LIVE STOCK MARKET ACTION & PREDICTIONS ๐๐๐
Let's talk about GME, AMC, Tesla, Bitcoin & everything else going on in the Stock Market!
https://otctransparency.finra.org/otctransparency/OtcIssueData
๐๐๐ Discord: https://www.patreon.com/MattKohrs
๐ฐOptions Picker: http://bit.ly/Tiblio
๐ฐWebull: http://bit.ly/MKohrsWebull
๐ฐCharting Software: http://bit.ly/TradingViewChartingSoftware
๐ปCyber Ghost VPN: https://bit.ly/MoonGangVPN
Get up to $250 FREE in Bitcoin: https://blockfi.com/matt
Safely Store Your Crypto: http://bit.ly/KohrsNanoX
๐ YouTube Channel: http://bit.ly/MattKohrs
๐ฆ Twitter: https://twitter.com/matt_kohrs
๐ท Insta: https://www.instagram.com/matt_kohrs/
Book Recommendations:
๐Technical Analysis: https://amzn.to/3p6QYk8
๐Trading Psychology: https://amzn.to/2Z3sjCM
๐Stock Operator: https://amzn.to/2N76K1j
๐Pit Bull: https://amzn.to/2Ndk4kV
Video As A Podcast:
๐ง Apple: https://podcasts.apple.com/us/podcast/moon-money/id1550699494
๐ง Spotify: https://open.spotify.com/show/6kdJCHY0VMqLzIxwCHU59A
#AMC #GME #MoonGang
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
Thanks for Watching!
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Performance results are hypothetical and all trades are simulated. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
Video Topics:
matt kohrs, matt kors, matt kohrs live, trading live, stocks, stock market, investing, investing for beginners, amc, gme, wsb, wall street bets, tlry, cannabis stocks, apha, top stocks, best stocks, stock market news, trading news, breaking news, stock picks, stock market live, top stocks 2021, best stocks 2021, bitcoin, crypto, palantir, pltr, amc stock, market crash ,stock market crash, gamestop, gme stock, gamestop stock, amc short squeeze, gme short squeeze, wallstreetbets
What is going on you animals, you, you, space, apes, you intergalactic animals. What is going on! It's gon na be a good day. We're gon na be talking about the stock market. We're gon na be talking about amc, we're going to be talking about gme we're going to be talking about tesla we're going to be talking about some of my own emotional and physical problems in the down times to pass some of the time it's going to be A good day what is going on everyone good morning, good morning, good morning, ah, you got ta.
Have your smile, a smile on your face. You know why, because it's another beautiful day um to put it out there. Of course we're going to be talking about this. Otc non-ats data thing um just to forewarn you.
I've been up since about 3 30 this morning trying to figure out this entire situation, and i very much feel like it's a tip of the iceberg thing so um. I can't tell you that i'm gon na definitively speak right on this. I don't want to speak on it too much until i have more of my facts rate but i'll, let you know what at least i i am aware of to this point. I don't think it's as um as straightforward as it seems right now.
I think it's going to be a very complex subject and i just don't want to steer everyone wrong. I know i have at least within this world this small, very niche world. I have a decent sized platform, so i very very much want to um at least share and spread accurate information. So i'm going to talk about it at least to what i know, but i'm going to try to get on people who are far more qualified than myself to like share all this information.
So we're going to be talking about that. Let me switch over to this uh we'll be, of course, talking about amc, gme, all that good stuff um. We need to talk about the market. It's looking a bit sick in general, um, we're gon na be talking about crypto crypto's been selling off a bit um.
It's gon na be interesting to see how all of today plays out all right. Where are we um? Actually, let's hop right into gamestop amc. I think that's about like i know so many of us are joining in um to really get this one ironed out. Hang on one second, all right: okay, so amc trading just below nine dollars this morning, 8.91 8.92 um hang on one.
Second, i just wanted to bring this up so many things going on. Sorry, i'm very very scatterbrained today, just because oh i don't need another robin hood window: okay, uh anyway, uh! No, not that i wanted to talk about this. Okay, we are good. We are good.
We are good all right. Where are we okay? So right now gopro puts we got those um s, p, 500. Looking a bit sick uh, we have amc trading at 8.92, gamestop 122. um gopro selling off here is actually here's those gopro, but hang out more importantly, for today, let's start this off with the market.
Then we'll go into gamestop amc here we are okay. This is what i wanted to bring your attention to just for the overall market. I think today is going to be a bit of a weird day, so we had this blue trend line that connected the bottom of march 2020 and then late october. This is that blue trend line we broke it once on march 4th start of march. Then we got right back into it. More importantly, we have right here. This is very, very important, so many people watching the overall market have the 50-day moving average um right now, the market's gearing up to open up at 386.. This 50-day simple moving averages.
Where is this roughly right now, 386 is about where we are um, so i'm going to be watching that as major support. We also have support a little bit so basically 385 to 386. Looking for that bounce today, in the s p 500, this will have an impact on your apple microsoft test, like all these classic stocks, that we talked about beyond amc and jimmy palantir nvidia, all those good guys, um were looking for this bounce there. If it somehow falls through, it could risk dragging some of the market with it.
Um you what's wrong, but no no, i sold put gopro puts i have gopro puts that i bought i sold. Gme puts we. That was the stream thing to talk about getting the premium you can sell, puts and you could sell calls i've been selling gme puts hoping that it doesn't go below that and you collect that premium. Um qq, i dreamt matt.
Last night i dreamt matt was conversation about the dark pulls and i wake up the caption yeah okay. This is so cues and hang on. This is important because this is a tech stock, thing, um and also just so. Everyone knows here are my gme calls um anywho so anyway, uh qqq selling off um.
This is gon na be hurting the tech stock. It got pretty much a double rejection at that 50. 50: simple moving line. So that's what's going on overall, with the indices.
Today, it's just a it's a bit weird um, a bit heavy bearish uh, but let's really uh before the market gets going. Okay amc is still getting hit a bit um. I still have all my amc calls shares. Gme calls gme shares all those.
Obviously, you guys are on this stream. I show you all my portfolio um right now. Gme is at 123 amc 885 and the hot topic is right here. So this is what i know so far.
I know we've been talking about dark pools and there's a good chance that if this um, what is going on, what do you think about you? Okay, i think there's confusion you can sell, puts um anyway, so dark pools if you're just being brought into this world. There's a good chance like as of yesterday as of to last night, there was things going on on youtube on twitter about what are these dark pools and the symbol right here? Amc you can! Oh, if you want this website, i guess i could post it, but basically how you find it is you come over to here. Otc non-atc non-ats issue data. You search amc, you come over here and you can get the info uh.
So this is on i'll post. This actually here i'll post it right in the description of the video and here is what i know about it thus far so anyway, all right, i just updated the video uh all right, we're good! So that's in here now, if you want to check out this website, but anyway, here's what people have been talking about of otc dark data, all this stuff, here's what i know thus far so for dark pools. It's basically outside of the exchange, so you're gon na have these big guys, whether it's like citadel credit, suisse, fidelity, blackrock, all these guys when they're making big big trades for pensions, whatever just massive block trades. You can't just um when we take a look at the level two here um, you can't just hit it with like a million by, like i mean before we saw walls buying, while selling walls on amc, and they go to like 50 20 000.. So when you have a big pension that wants to get involved say with amc, you can't just drop that on the market. It would like. Obviously it would just run through all the sellers and cause a weird spike. So a lot of the times they end up using dark pools and a dark pool is just basically another exchange in between institutions of like this pension buying this pension selling things like that.
So it's a dark pool more so they get its name because, like we don't know how well regulated it really is um. So that's where it gets its name, because it it's not that obvious, it's not transparent really and they try to get it with some of the finra sec reporting. But, as you can see, this data is actually already theoretically old. It's from january, you can uh trade.
Last updated um january march 1st, so it's kind of already all data and then even the data we get isn't the most like obvious of is exactly what's going on, but that's what the dark pool is basically just helps facilitate massive block, trades. Um then, right here, i'm a little bit confused about this, so we know that citadel has traded 3.6 million trades representing 1 billion shares, and in total on this otc non-ats data, we have about 2 billion trades going through shares um. So that's not total shares. I believe this is the total shares, traded, uh feel free to correct me if i'm wrong on that.
But what's where i'm getting confused about is this? Is the data that's being cited a lot and right here we have otc which stands for over-the-counter non-ats. This is the part where i'm like, initially just getting confused, because non-ats stands for non-alternative trading system and i believe the way they're using alternative trading system is essentially calling it a dark pool so basically non-dark pool. So in my own brain and i'm i'm just a smooth brain ape and i'm definitely missing things um, i'm just a little bit confused about why we went from dark pool stuff to potentially non-dark pool, i'm confused about that and before i get too into it. That's just like i've been researching it trying to figure it out, and i don't feel too comfortable really just saying that hey look, we have some massive short going on in citadel. It very well could be true, it might not be true and i'm just not trying to permeate potentially false information where i can't speak to like the hardcore facts about it um. So i'm hoping i i did tweet out the the guy who kind of like brought this to light josh joshua, jameis um. I i messaged him asked him if he would come on the show today. I hope he gets back to us just to see if we could explain it to like the best of uh.
The ability like i just want someone else to explain it um, because i just have questions myself what's going on with non-ats, does it mean the total shares just the share volume? I have a lot of questions and i'm just trying to push it off to a person who can maybe answer these questions. I also reached out to a handful of other people, so hopefully at some point in today's show we have we bring someone on um to try to get that it's very, very confusing, and i'm not going to tell anyone like this is definitively happening, not happening because In all honesty, i don't know at this moment: that's why i'm going to try to bring someone on actually hang on. Hang on hang on. He actually just messaged me.
I can for sure recover some time i'm working today, but i have 30 minute window this morning. Hop on via audio, if that's cool - yes, yes, yes, okay, yeah, i'm just getting a time figured out with him just so we can ask questions. Um, we'll keep this going all right. What is this uh info together or tools? Systematic training have some regulations.
There are two kinds of dark pools: alternative trading system which have some regulation and non-ats over-the-counter direct, which has little to no regulation all right, that's a good point. Gopro puts going to make some money this morning. Yes, they are gopro is definitely getting hit. Um awesome.
Amc is not on the list anymore. I don't know what list hang on all right. It is 9 13.. I'm just trying to see what time i could get josh to come on just so, we can ask questions.
So if there's like main questions that you guys specifically want to ask them just talking about this um, this otc thing, i'm i know a little bit, i just looked it up. I i'm getting confused about the ats non-ats according to discord. Thank you once again, um for clarifying that the um it sounds like non-ats has like almost no regulation, but i'm just like there's no way. There's two billion shares out there.
I mean we're talking about a company that, like we think, has a market cap of roughly 450 million so to increase that by a factor of five. I think that this has to just be traded and remember. Whenever you're talking about trading you're talking about like for every buyer, there has to be a seller. It's not like they're selling 2 billion shares, because if they did sell 2 billion, that means someone had to buy 2 billion there's for every seller. There has to be a buyer um, so i just want to get that out there all right. My my main thesis some people are asking about. What's going on with um the overall market today, i think we're in for potentially red day, i'm hoping we get a bounce pretty soon to bring the rest of the market up with it. I have a feeling that if you have puts they're going to uh be paying money um yeah, the s p 500 is dipping right now.
385. All right, elon must watch your stream check your twitter dm all right i'll, be checking that um hang on. I'm just trying to figure out to get joshua on joshua um has a decent amount of information kind of explaining this. If you everyone wants to check out his twitter, the otc all this good stuff, so hopefully we can get some answers for that.
I i definitely know i have a whole host of my own questions. That's for sure all right. Let's go to these questions, really quick, oh wow, already um. What's your opinion about trey's vid on the dark pool thing, uh really no opinion.
I i think we just need more information right now, i'm a big confused myself um. What is this? Your shirt is nicely ironed over yellow trying to get you cold today or all right. Thank you. Uh hearing russian voices in my head whispering kickers good morning uh good morning matt morning, moon getting ready for your attendees where's, the tandy emoji be positive, be fun, be kind.
The ngo. Can you explain the drop due to the offering must have just come in at a lower volume value than expected, justin they're trying to distract you? Your comments are full of hedge fund spam, similar to reddit posts. Don't let them get to your brother apes together. New enough to trading looking to get my first option traded today, any cheap options please use, recommend aaron, i would say um.
Let's wait for some of the market to play out is probably a solid opportunity, red pre-market inspections with today, uh yeah. I think there's gon na be some blood in the water. Today, ac puts are gon na rock it first thing: what is viac at viacom, we made a nice. Is it down wow it's down even more congrats.
If you held viacom um elon must watch your stream check your twitter, alright, we'll do that. Do you think tesla is going to break down even more or start pushing back to that 620 support uh how's tesla doing i wish i carried those puts right, uh, there's strong support at 600 um. So, let's see what happens at 600 on tesla here are some visualizations of the data josh found all right. Thank you, tony.
Let's check that out. Uh. That website isn't loading for me tony, for whatever reason see aims. Thank you for becoming an astronaut hey.
My question is: how can it be done? Can we win hotel? I mean we're we're. Definitely in an interesting like story, an interesting saga, we'll see how this all plays out. Um, i did oh fun fact. I did um update uh weeble. I just didn't get really used to that platform. This morning i downloaded the newest version. This is version three there's version four out there um, so uh we'll probably be running with that next week. So if my screen looks a little bit different than yours, it's just because i'm probably on the version before yours and i'll get used to it.
Hopefully soon trading at 121, amc, 886, gopro, 1088 i'll, probably be taking profits on gopro gopro i have the 1050 puts. I bought those yesterday expiration four nine. Actually, what does the gopro chart? Look like all right. Can you go over spy resistance support if it breaks? When should we worry um yeah for spy? I think it's cause for concern below 385, actually, very close.
If we break below this, i mean to be fair. The last time we broke about it broke below it. It got right back above it um. So that could happen again, but i think people are going to start to get antsy um really below below 385.
On the s p, 500., all right all right, oh speaking of we have an upcoming support at a hundred dollars, uh, that's where i'm thinking actually about buying more on gamestop. If we hit it, of course, i hope we don't hit it um, but just in terms of technical support, unfortunately, like from a technical perspective, it looks like there's unless we bounce off of this 50 simple moving average, it looks like there's a pretty real chance. We're coming down to 100, hopefully we get a nice dip right off of that. It's a nice technical level, nice um, psychological level, it's 9 20 right now, um! If we could get that bounce.
So, let's see how that goes, uh 120 and then what was the other one amc? Let's do those technicals looks like there is some port. Oh actually, we've battled that 840. If you remember about three weeks ago, there was a huge huge battle at 8 40. So i'm hoping that act as support now um, so we're looking for a bounce right off of 840, it's at 88.90, of course, with amc and gme.
It's way better. If we just don't hit it, i'm just trying to lay out the next reasonable support people out there saying hey if you're trying to buy a dip, i'm just laying out the technical levels that i would personally consider it uh quack quack quack. Do you think neo will rebound or keep um or keep dipping uh right now it looks like it's going to keep dipping. Let me get rid of this for a second 31.
uh. I mean at this point it's trading at 35. I would just watch this low at this point. His pounds here might be a day to get rid of calls.
Wow palantir is getting hit. That's not good um! It's just we're in a little bearish wave. It's our rate, there's no reason to fear monger and call for a complete like blow up of our stock market system. When you go up a lot, it's okay to take breathers, how's apple, doing apple, coming down 118., how about reacting to trey's latest video um? I just need more information. I i don't feel comfortable speaking that i guess authoritatively on it, because i think there's a lot more questions than there are answers at this point. Um can vic keep dropping uh yeah i mean vice. I wish i obviously held those puts at this point. It's at 66.
uh, it's maybe target 60. I would or sorry 61 this low this high at this point, but if it retakes 68, you might want to just take your profits um. What else are people if what, if my put strike, gets passed 11 strike price on gopro uh? It's just max. That means you're in more money.
They're, like you, want to go further in the money, the the most ideal way for you to make money, whether you're playing a call or a put, is for it to go from in the like. If you bought something out of the money you wanted to go from out of the money into the money very rapidly. Apop may move pretty well due to merger catalyst news it's at 186, at at 6, 14 from free market. What a pop oh wait! Did i re i'm seeing 584 so still a pop, please if you're in this awesome ride it don't chase it out of the gate um these like biotech mergers, they can be very, very weird: do not chase a pop out of the gate.
Just lit. Let's see um, let's see how that can, i don't know give it time to build all right. What else do we have? We have about five minutes until the market opens went on with you on the 416 tpgy puts what a pic already paid for tiblio sub. When would you sell it? Okay, this was the other one tpgy um, i'm looking for basically 15.
I would like to take profits um, so we'll see if that hits today, uh yeah around 15 is my first target on tpgy how's tcat, doing 32 kind of selling off tcap might be done so how's uh dlpn. All of these nft plays also coming down. J finn uh down a little jafen's, actually down the lease hofv hofv, also down so um the that quick little like nft craze it might be over. I don't know: let's see how they run today, uh all right, casting coach.
Thank you uh. How do i calculate exit limit for options? I wanted my options contracts to close at 12 on amc. How would i know where to set the limit? I wanted my options contract to close at twelve dollars. Well, you can set a limit, sale uh.
Just the way you can with um like a normal stock, you like, if you bought the premium at one, and you want to sell that too. You could set a limit sale at two uh rocket fuel. Let's get ready, uh yo, matt apha, looking spicy with eventual till ray merger. I agree: i'm bullish in the long term on the cannabis, the marinara sector, the new trades off the grid, the aka short laddering could happen.
Otc side check out cidm vizio ipo release. Today, uh my we need a mortgage he's right. You know, meme react gopro, um, hang on. Let me go through all these uh vizio ipo release today, um, it usually ipos, are let met with like a lot of lot of excitement um. So i wouldn't be surprised if it like goes up today. Uh, the overall market might be ending up, dragging it down um, but just so you know i i don't really normally um trade ipos for the first couple weeks i like to let the chart develop a bit but um. That's what i don't know. Ipos lot of excitement - usually they go up on the excitement.
Then they come down a week or two later. I think that's a personally good time to get in that's kind of how i handle it all right. Let's see how this all goes. All right hang on.
All right trying to get a 10 eastern call with josh to talk a little bit about this otc stuff, which would be perfect, um, perfect, perfect, perfect, honestly, half hour into the market. We can see how it's playing out and then we can get some questions. So if you have any questions about this whole, like amc thing, um feel free to ask. Obviously hey matt thanks again yesterday, explaining credit spreads now, how do you sell credit spreads to get your maximum return and your collateral back anthony? Most of the time you just let it go to uh expiration good morning.
What do you think if i buy a call for amc, break even 991 expiration night? First? Do you think there'll be money, then possible? It's definitely possible, but these things are moving wild right. Now so in terms of direction, i think every day is like a completely new crazy day. All right the market is about to open it's 9 29 folks get ready, get ready for the bell. The casino is almost open, get ready, get ready, get ready, looks like we have 30 seconds till the market gets out going hang on.
Let me get ready. Let me do trying to get. This call figured out all right 10 seconds, folks till the casino gme call or put today um i mean it depends on what you're trying to do or also buy so what you could do is buy gme puts if you think it's going down, take that money And then transfer it into gme shares or you could sell, gme puts or you could sell gme calls like you could do either way, but ding ding, ding, casino, open, um, actually, surprisingly, gme ripping out of the gate, all right, jimmy coming out of the gate. 128.
Uh amc, where are we at nine uh, actually really really quick? So i have some spy puts now: they're not up as much as i thought they would be all right, gopro hanging out and what's tesla doing, all right, amc, whoa, whoa, whoa, whoa, all the way up to 9.50 nice, okay, uh, some strength, all right, gme strength, Amc strength, amc hit 962 still looks strong, gme hit 130.. What are we at come on? Jimmy come on come on, come on spy bouncing off of that level. We were talking about the mid 385s tesla. Looking strong up to 622.
uh amc actually might be gunning for 10 right about now. All right market bouncing interesting opening so far is any other like crazy movers. Okay, it does look like we're gon na be able to get in about 25 minutes, we'll get josh on all right. Let's see how this goes, tesla actually coming back down a little bit, not the best sign for tesla. Do i even have day trades left uh-oh things are coming back down how's this going day, trades uh gme, coming back down 124 um amc, 9 30. things we're! Looking hang on the market standing hit, how's uh, he pro lookin d, pro okay. That went the other way that i wanted it to be pro eg. What is this one? Tg ppgy, another tibia, okay, tpgy, is coming down um.
I have three of these two close order, close one, let's see if that gets filled. Um, let's see, what's going on a gme coming down a bit um, we'll we're going to try to figure out this otc thing for sure um. I think it's definitely a worthwhile conversation. Let's check in on everything all right.
Let's check in on the robinhood account all right, rominated account basically break even uh. I still have this credit spread. I think this is uh. What people were just talking about about gme puts um it.
This is a credit spread um, i sold the 100 and i bought the 97. This is a bet that gme will stay above a hundred dollars by this friday. Just so everyone knows i think you can sell puts, which means you still want it to go up. So if you sell the 100 and you buy the 97 you're betting, that gme stays above 100 um, i was trying to explain.
Credit spreads - and i was just using this as an example because i think, there's a solid shot that gamestop stays above 100 by friday uh. So that's what a credit spread is. You have to have two different options. You sell this one, you buy it and it was more of like a tibio thing, um trying to just explain tiblio, but i think there's some confusion going on of what a credit spread is.
But anyway, it's a bullish bet when you have a credit spread put when you're selling the first one buying the second one. That's a bullish bet on it going up um anyway, gopro gopro. These are the same as they were yesterday. Let me know if there's any uh questions or confusion about that credit spread i'll, try to explain it better, but basically it's more like that tablet.
Whoa, look at this nice ripe in the market. Looked a bit weak coming right, back um when you're doing a credit spread, you sell the first number when you sell the first number in an option, if you're ever selling an option, if you sell a call the way you profit is by staying below it. If you sell a put the way you profit is by the number staying above it, so basically, if you're selling a put it's, it's not like really that leverage of a bet you just want it to stay above it, so i'm betting that gamestop stays above a Hundred dollars, let me know if i confuse people more than i helped. What's a credit spread, a credit spread is when you sell um a call or put, and then you buy one farther out.
So what i did was i sold the gme put at 100 and then i bought one at 97. So the way i make my most money is if it expires like if, when the market closes tomorrow on the 26th, if gme is above a hundred dollars, it's a winning bet. It's a that's. What a credit spread is um. You could also do it with calls and then you're betting, that the number stays below if you're doing a call so credit spread for, puts you want it to go up credit spread for calls. You want it to go down and stay below value stay above about you i'll, explain it more in um like when in midday trading, when things get a bit more quiet, but it's a credits, red bet and it's a very small one. Matt, can you do options trades on tesla to distract me all right hang on. Let me make sure: okay, okay, gopro uh, i'm looking for gopro to actually break down tesla or not tesla.
The overall market had a nice bounce gamestop coming back down actually dangerously close to my level. Like i said i wanted to stay above 100 amc uh hit 9.74 got hit it's down to 925, but it looks like it's trying to bounce back right now. Hpr just opened back up how's hpr looking. Why is it? It opened up a lot lower uh, so that's kind of crazy how's vicom doing for everyone in those vicom bicom i mean it's still very low like so.
It's training up, but it's still gap down viacom. Getting its teeth kicked in uh. Do we have other big how's palantir? Looking i need to get out of my pantier calls. I am getting uh i want to get out of my pound tier calls.
Uh. Everyone is saying amc level, two of course. Of course, here we go. There's your level two sorry about that.
Your shirt is looking very crispy. That's fine! So i ironed the duck shirt. I didn't iron, the sweatshirt, i'm not that crazy of an ironer um, but i did iron and washed the duck shirt for you. You guys can't smell it, but it smells uh.
I don't know like whatever that soap is like a clean forest or something i don't know how they market that stuff. I use tide. I should get that tied sponsorship. Do you need to wash your duck shirts? I trust tide, all right, palantir, coming back a bit.
Let's watch tesla. Oh, i still wanted to see if i had day trades available. Yes, okay, josh will be on in about 18 minutes. Uh amc coming back.
Are you ironing your hair too every morning didn't they used to do that way back when you could just iron all your hair, so i had money stolen with this hpr. Oh, what's going on with that charlie, why was it halted and then it dropped uh viac still diving trying to cover, but still on the day, still, let's check out viac, i mean 68. That's when i was kind of saying like if it retook it um. If it makes a new high, i would get out but you're looking for another breakdown of 68.
68 is a pretty important price level. V. Uh charlie, i'm curious. What's going on with hpr, do you have that news where's that gap for gopro? Do you still have your puts? I still have my gopro puts betting on that going down and the gap fill for gopro, yes, sabr uh who's in these puts. Let me know in a comment um, but gopro gopro. It actually had a gap fill right out this morning. I should have taken some profits, shoot shoot shoot. I was too slow, too frantic this morning 10.75, so it did officially hit that gap, though that's exactly where i wanted profits.
Ah, i missed it. Okay, viac is coming back down so um. If you're in that uh, let it play out. I'm thinking this pop in the s p 500 might be a fake out.
So if you have puts um the way i mean i have puts right now on, like i said, gopro tp gy, whatever those are um, i'm holding i'm holding out for a little bit more just to see what happens with the s. P. 500. Amc, a beautiful recovery, look at this wow, let's go all right! Let me give me coming back nice remember! I want it above 100.
That's how i make a little extra money this week, sec closed door meeting today. That seems crazy. My the s, even though sabr is going in my favor, it's just like the least bottle option. I'm up 12 bucks uh.
What's going on with tcat no one's talking about tcat cat tcat t-cat, all right uh, if it can get above 39 t-cat has resistance at 39. I have i'm in at 56, so i'm super far underwater. I was um, definitely chasing, but we'll see how that goes. All right, let me um.
Let me go through some of these super chats, then in 15 minutes we're going to be talking about the dark pool stuff with uh josh who on twitter was kind of like breaking it all uh we're gon na have some good questions for him. I think he's only available for like 30 minutes, so we're gon na have to make it kind of um efficient, to say the least. Okay. When would you okay casting coach for uh tpgy, i'm looking for the where i don't know go back to it? Really quick tpgy, if you're in on those puts i'm looking to take profits at 15, wherever whatever the options valued at when the stock goes down to 15.
tcat. Looking very, very strong super weird industry, nfts are just running an insane amount. Why isn't gopro showing up here all right? That's a bit weird b cat still running amc, turning back around wow, what a weird opening and things are turning around super strong. All right, i might want to take these profits soon on the s p.
500. Put all right, i'm going to watch these hey matt, thanks again, yeah all right, we good morning matt. What do you think if i buy a call amc 991 april 1st uh, definitely possible jimmy call or put today um as of now it does seem like the calls. The bulls have a little bit more power good morning bro.
Can you look at nakt and tell us what you think might be happening and when i'm not the biggest fan of nakd, it looks weak? It looks like it's breaking down. If i had to trade it, i would honestly short it. I just don't like it quick question: why would a stock drop 50 when volume has more than the market cap and mostly green um, so these get their coloring just on the bar, so if the clothes is higher than the open, that's how they're colored green! If the clothes is lower than the open, that's how they're, colored, red and remember high volume doesn't mean bullish. Sometimes it can mean very, very bearish. It just means more shares are being traded um here, i'm gon na have to start writing these down all right. 950. A v a v, i f y, a v. I f y.
We got that morning. Man tiblio yesterday gave spark lov as a pic was looking good last night, couldn't find much mind, taking a look. Yes, lov, all right, that is on the list. Thank you.
Rn ricky bobby you're in here all the time hpr. Why was it halted? Um still halted. I think it's a new sink, but i believe it's unhalted now denise analyze riot all right riot bitcoin play probably getting hit right now, because bitcoin dropped to like 50k ish. Hey matt anything i can make some fast cash on in now fast cash um - i oh i'm still thinking that these puts on the s.
P. 500 might print big today. If this can't recover i'm, if, if the s p 500 breaks below 385.74, i think we might be heading down today. Pltr has a demo day april 14th could be bullish yeah, hopefully they um so the last time they had a demo day.
It was a little bit too, like tech heavy. I think it was very impressive, but it didn't really resonate with many people um. So hopefully they have something. That's a little bit more digestible for the public.
Michael i've enjoyed you every day watching but have to say goodbye. Sos and ryan calls down me 87. I wish you luck in many attendees for the moon, gig michael. You can't leave us like that.
You got to come back fight fight for another day, man you're in here day and day out, um, if you actually like legitimately, want to talk about it, reach out to me on twitter or something i would love to talk to you but uh. I i love your positivity. I want you to stay around hey matt when you looked at meme socks, nokia, any thoughts on why but then disappear. Eyewalls all right! Um, hang on! Hang on hey matt! When you look at meme stocks, nokia, bb sndl and the sound by walls are wild um so usually when they have a bywall um walls actually like to make stuff more difficult to move.
Like walls stop the movement, so the more more walls you see, it might actually be harder to get it to move uh market s p, 500. Turning right now, this might not be good team uh, i'm loaded up on puts so, hopefully that helps with other aspects of my life, how's tesla. Looking all right hang on, but the amount of volume and trades on different ats in hang on, hang on we're getting to the bottom of some of this dark pool, stuff, uh tesla, coming back down off of 6 30. All right, we got ta see how many day trades i have left day trades zero. So if i place the trade now i have to commit to it in less and less and less and less. Unless i do it, let's see how this goes probably not. Well, robin hood's super super slow. Today, let me know if anyone else is having those issues come on.
Go, go, go, go, go, go. I don't know, what's going on with this crazy sub, but let's get back to the action all right. All right. Let me get this zoom link over lots of brokers run their own ups charges all right going back to this playing with that toxic x, tesla again um.
Are we going to be better about it this time by setting profit targets pretty pretty early um? Okay? Let me get the zoom thing figured out all right. Let me get this new meeting microphone. My microphone speaker is working nope, not all right, uh enable weight room; no, no, no! No! No! No! All right! Let's invite some guests invite all right. Let me get this sent over without doxing myself with everyone else's information um.
Here we go for sure, send the zoom link and thanks for the reference, if you don't pull up, may not be able to get all of them. Okay, all right! Let's get some of these all right. This is who we're going to bring on the line in about five minutes. Uh just kind of talking about this dark pool.
Otc stuff seems to be pretty knowledgeable on it. So i hope that'll give us like a good basis of what's going on, but he also just sent me some links that we need to talk about. No, no, no, hang on there's one, here's, the other one, there's the second one and then finally, here we go sorry. I know this is a little mismatch, but i just think this is such important info that, like we all need to get on the same page with and try to spread, like accurate information to what's going on here.
We are all right, good, good, good. All right. I am good, i believe, on my end, i'm gon na oh, hey josh. Can you hear me yeah? I can hang on i'm just getting your audio turned up, so everyone else can hear you um just to preface this hey everyone on the line.
We have joshua josh. Do you like josh or joshua man? Honestly, it doesn't matter whatever you want to call me all right. We have josh uh. This is his twitter account, throw him a follow, he's kind of the guy.
That seems to be breaking this information about uh, darkpool's, ats, specifically related to amc, and i was just telling chat to be completely honest. I was trying to study it figure out. What's going on and i'm i'm pretty confused about the situation. I was like looking at some of this and i get that it's a little bit old data, but more of like, i think we're trying to look at the the trends and really what's going on.
So, just if you want to like preface this of just like high level view, if you had to explain this to like a smooth brain space ape, how would you start us off yeah so like the biggest thing is understanding what otc trading is so otc trading Or over-the-counter trading is, i think, where the biggest confusion is coming in at is the that otc trading is the same thing as dark pool trading, so over the exchange trading is meant for smaller companies that do not meet the requirements uh to be listed on an Actual exchange like the new york stock exchange, so these are going to be smaller companies and we're talking about like you know, penny stocks, and you know, companies that you probably would never even heard of if you are not trading uh off the exchange, and so that Is what otc otc trading is? It's off the exchange trading? It's specifically meant uh for smaller companies that don't meet the requirements to be listed on an exchange to be able uh to to trade their shares and allow other people to invest in their company. Now the thing with this is is that it is, i i say, very little regulated that i could probably say it's not regulated at all um, and i think that larger companies - and this is nothing new like this - has been going on for a while. I think that, just because no one's been talking about it - and it may have been talked about in previous years - and it's now just being brought back up, but i think that larger companies that are listed on exchanges notice this and there's nothing in the laws. There's nothing that the you know sec the dtcc or you know any of these umbrellas of so-called regulation. That says that if you're listed on an exchange that you cannot uh trade off the exchange or oh, do otc trading, and so that's what we're seeing now as we're seeing and the biggest thing that i've been trying to get out there is that we have these Companies that are or these uh you know, tickers that are uh, listed on a stock exchange and they're being shorted off the exchange. You know by these hedge funds now otc trading, you know understanding that that it's really just off the off the exchange trading can happen in dark pools or it can happen publicly like in front of our face, and so i think the that's where the biggest confusion Is is that people are assuming that the two are are the exact same thing when they're, not because otc trading can happen in both those spaces, and so you know with that being said: it's tough to really follow. Uh dark pool trading, and that, like that is purpose like that's purposeful, like like that, is for a reason they created dark pool trading, uh they're, so called to uh, buy big blocks and make these big trades, and it's it's really just to not have to be Held accountable or to have no transparency, and so the biggest problem with that is, is there's no paper trail with dark pool trading like you can't follow any of these trades that are happening uh that are happening on the dark pool. Now, if you go back to the other side of otc trading and the things that we can see publicly um, i'm matt, i sent you a couple links if you want to pull up that first link to to reddit the reddit post that i made yesterday and We don't we don't have to go through this, because i think some people have already read through it. There have been some other youtubers that have you know, kind of went through it, at least at least for my my understanding, um, and if no one uh like you know, really gets what's what's going on here. We can go through it, but what i really want to do is scroll down uh. If you scroll down past, where i posted the it's like a little screenshot picture, where it says total shorted, uh short, not exempt and total short exempt. If you scroll below that it'll say here's the data from 323., so here here are the main things that that i'm looking at and you know we can explore some other things, but i i'm limited time so i want to get to what's what are really important.
Um, so if you look at the where it says, here's the data from 323, if you look off the exchange short short volume - and you see under that - it's a short exam, uh 900k and then under that short volume, uh 10 million you go below that. It says on the exchange, short volume and then under that it says short exam, uh, 200k below that 4 million, the biggest thing that i want to point out here and that i really think that there's something here - and this is where i've been spending. The majority of my time to get into the bottom of this is, if you see the volume on the short off, the exchange is higher than the short on the exchange, and so my biggest question is: why are they shorting amc more off the exchange? And you know doing otc trading than they are on the exchange and the craziest thing is. Is i looked at that? I'm looking at one date, and so i'm looking at these dates and i'm like? Okay, maybe that's just 323.
and and these the way they have the data set up. Is they have these large files that you can view it monthly or you can view it on a daily basis, and so what i did was i first broke it down and i went to to the daily daily volume and if you scroll down a little bit More in the second paragraph below that there is a link uh to uh to finra dot org. If you want to click on that, okay got it. So these are like the - and this is like this public knowledge.
Anyone anyone can view this and most you know, finance websites report at least some a portion of this data. But when you go through these things and when we don't have to do it now, if you, if you want to do it, matt, that's fine, but if you go through these every single every single data point, the short volume is higher off the exchange than it Is on the exchange, and i think this is where it is, and i don't i i hate to speculate and i try to typically err on the side of modest and and sort of modest and not exaggeration. But like my only theory, and the only thing that i can think of and i'm sure it may be more to it than that that maybe this is where the synthetic shares are coming from, because there's no regulation on off exchanges, trading, um, there's there's not an Exchange to regulate those trades, it's literally two parties trading back and forth, and i think that's where we're seeing the synthetic uh shares of being used. Um - and i think that is where, where the majority of what we're seeing on a day-to-day basis of this price, being driven down, is coming from um now with that said, you know, i posted the link yesterday, and you know we don't have to go. Go to that, if you want to click on that, finra relate to the dart pool the the biggest issue and the reason that i posted a link - and i i kind of put like a disclaimer uh. As far as that link is concerned. Uh when i post it is that, like i really don't like, i don't think anyone knows exactly what's going on here when it comes to dark pool data and what we're seeing when it comes to these trades happening on the dark pool and that's specific because there Is no paper trail, so if you click on the the finra link that i sent you, it explains. This is the page that gets you to the page that i posted yesterday.
So if you click on it - and i don't i'm not watching the live stream, so i don't know if you've got to pull it up right now, yep. I do okay like at the top. It says you know: finra make start pool data available free to invest in public, because you know, prior to this article being published and you can look at the topics - is june 2. You know 2014, there was it's, it's almost reminiscent of what's going on right now you have these group of people and it happened prior to the financial crisis in in 2008, of like people like hey, we like we want transparency like we want to know.
What's going on, and so at this point they had to do something, so he published this article that all right cool we're gon na we're gon na you know make this public. But if you click on, if you in that first paragraph, you can see it, it's got a link, it says you know: offenders website, click on finra's website and you have to hit agree and if you've already hit agree, you know to the terms and conditions it'll It'll, send you to the you know the otc transparency data, the biggest problem with, what's with the data? That's here like there's, no transparency to it. You just see a number. So even whenever you know you look at, you know, amc under the otc non-ats issue data and you bring up that ticker and you see those trades um that are happening with citadel securities like there's.
There's nothing there like you, see a number. But what like? What does that number actually mean? We can you know we could speculate, and i i have an idea that that may actually just be volume of trades that are happening, but the the biggest issue with that is. Is that like we need to be able to see that as investors like, why are we not able to see these things as investors, and so that that's my biggest thing - and this is something that it like the otc trading - and this are kind of two separate Dd's on their own that i'm kind of working on it simultaneously. At the same time, i think i may have caused some confusion because i'm working on two dd's at the same time and i'm posting about these two dd's at the same time and people are thinking that they're. You know the exact same thing. So you know what i explained before is separate from you know. What i'm talking about now, because off the exchange or otc trading is exactly what it is, it's off the exchange, and that can happen in dark pools or it can happen. You know publicly where they have to report those trades that are happening and i'm just really looking at the shorts um that are happening off the off the exchange, if that makes sense, okay, yeah! So here let me dig into some questions just for like to really get us all on the same page, so, basically otc off the exchange it can help.
It happen for a myriad of reasons. A lot of the times when i was like studying this like super early this morning, to try to get up to date, was basically like a lot of the times. You have like big block trades or something like that, and you don't want to mess up the normal market like there are seemingly some healthy ones and then, like you, said, there's also dark pool. So if for anyone watching right now, just so you know, i have the thinner website up.
Ats uh stands for, i think, alternative trading system. So i believe that essentially means dark pool and then non-ats means non-dark pool so um is. Is that to get everyone up to speed so like when we're everyone? That's looking at this dd of the otc non-ats, it's actually incorrect to call that a dark pool when we're looking at the citadel shares of 1 billion. That's not their dark pool right! That's just their their public, yet still off.
The exchange number is that a proper interpretation that is completely correct. These are just off the exchange. Numbers that are are not associated with the dark pool, but they are still off off the exchange. Okay and um, not even in the world of amc and gme, what's like the number one like application for this, is this just for big institutions to transfer blocks from like one pension fund to another pension fund and stuff, like that or etf to etf, without, like Just hitting like the market, with a buy order for like i don't know, just like an exorbitant amount of shares, is that, like the main application, exactly at least from at least from my understanding but and like i mentioned before, like the biggest thing for me, is That i think that, as as the years go on and as we as you know, retail investors, as we keep demanding more that, hopefully we get more, we keep seeing these small steps, but you know we we have to have transparency as to what is actually going On behind the scenes and what these trades actually mean, because we've seen them take advantage of these systems and of these umbrellas and of these you know, uh lack of better term these opportunities that they should not be able to do and they're created for a specific Purpose but they abused those purposes just just like with naked shorting like it was created for a purpose for a reason. But at this point it's just being abused and a lot of this stuff that we're talking about with off the exchange trading with dark pools and all these all these other things at first, they were created whether you know it where it was hedge funds that push Push this agenda because they knew what they were eventually going to do with it, but it was originally created for a purpose and the sec, and these regulators at one point allowed it because they thought it was going to benefit the market and benefit um. Everyone that you know is involved with the market in free trading, but at the point that we're at now it's it just seems like everything is just getting abused and there's no regulation and it it's just honestly, it's ridiculous and i would hope that um, the sec May be actually uh investigating it and they're doing it quietly, and we don't know about it but like like these are big things like these are not like small things and they need to be talked about. It's like something need like needs to happen. Okay, so um in terms of facts for, like all the stream of everyone listening right now, what's going on so what we know as of at least what this update is march, 1st, that citadel did 3.6 million trades, which represented most likely a billion um in in Trading volume for amc, so obviously it's not like they like it's, not a billion shares, it's most likely just their trading volume.
So it seems like that's what we know as a march first, and on top of that, the key i think, an important piece of like just verifiable data is that the shares being shorted off the exchange are actually exceeding it by a factor of almost two and A half to the share shorted on the exchange, uh 10 million versus 4 million on just a daily basis. This was from 323, which was two days ago. My so i think those are the facts that were like hey. We have verifiable data that we can point to.
That seems weird um. So my one question, though, or i actually have two questions now - is this 10 million versus the 4 million?.
<Why hold ? ups and down ? you can make more from trading with price action margin , don't know how to trade ? Kelly David Patrick will guide you through successfully ๐๐ป>>
future ape… buy everything at this price ๐
hey Matt Thanks for all your hard work and dedication!!! I appriciate you so much! can you do a fast check on draftking please
No one has the money to pay for these vehicles without going into debt so this is another instance of not being properly paid in America.
Concerned about the fact that banks will be foreclosing on thousands of houses by August first. This will play a big part on the stock market, they say it will look like 2008.
This came on auto play. Started hearing viac at 68 was like wtf, hell yea. Then I came back to reality. Then TKAT looking very strong. This did not age well.
Amc opens today ๐ต
At first I thought I was getting scammed again not until I confirmed 3btc in my coin base wallet using Hackbyxion on Instagram
Matt,
Whatever else happened today, this was absolutely the best production so far, without question, this latest nightmare.
Crayola….. DUDE!!!??? You need Matt Kohrs as your next spokesperson. Think commercials with stonk candles and Crayolas….
I need it to eff off tomorrow
You need to cover ABXXF – They are using blockchain to build a commodities exchange, provide market data, develop competing technology to Zoom, Workday, Salesforce, etc. with web 3.0 and much more. They are a 1,000 bagger.
Despite the dip, this is still a good time to invest in Crypto as the market is favourable๐ฐ๐ฑ
Hold till 500k gme
Lets go
too late to buy amc?
I have about 5% of my portfolio in uranium stock any advice on any other stock that I can
grow my $300k capital to a million dollars?
I had a dream it felt so real AMC was at 70$ and also I was looking on Reddit for GME and it wonโt load anything.
Thoughts on blockchain stocks (MARA, RIOT) and Bitcoin?
$GME
Bid: 162.74 Ask: 162.98 Last: 162.97 Chg ($): 42.6399 Vol: 39.59M
Amc to the moon
BESIDE THOSE SHEEP STOCKS AMC AND GME YOU SHOULD DEFINITELY LOOK INTO $ALPP