# DD - Short Investment Banks 🚀🚀🚀
Firstly I would like to say big fan of (www.reddit.com/user/wsbgod) and (www.reddit.com/user/separatevariation). I was up huge on Disney, Airlines and $HDB back in Feb. I held a little to long and Fed printer went Brrrrr. Ouch! Lost over 45K. Anyway boohoo.
### What is next play?
We got a nice little tweet from (twitter.com/WSBgod):
(twitter.com/WSB...004490122887168?s=20)
It is pretty hard to read but well worth it. Love learning more about Burry!
##### Here is a short summary:
Short squeeze makes a frenzy of buying.
Actors with no position buy because the stock is running high and want to get in on big gains. Actors with short positions, those that short sold the stock,
will hedge against their short positions by buying stock. Eventually it will be time for the actors with short positions to pay up. They will get a margin call from the prime broker. When they can't pay, the debit will fall to the prime broker. This debt will then be shared by many prime brokers.
What happens when we get some debt among all the hedge funds? Well they will need to sell many of their positions. We saw the start of this today. Many big name stocks with good evalutions selling off. So you can short whatever you like and it will probably be good going forward for the near/medium term.
Let's look at !(www.tradingview.com/x/JG2poNxq/) Here we see a big red candle, bearish engulfing. We have also bounced off the trendline. RSI is also showing lower highs starting at the high back in 2018, then another bounce in 2020. Also the squeeze momentum chart also shows lower high momentum. We should keep an eye on the 325 level where we saw support previously.
Here is another person I like to follow on Twitter, (twitter.com/mtmalinen) also sounding (twitter.com/mtm...788065634643972?s=19). He points to some different concerns about debt around Europe and US. Not a good sign for markets.
But I am too late to the show! Everything is already down! !(i.imgur.com/5eyiG.jpg)
**WRONG!** Here are some places where IV is still low and option prices are cheap. Volume is not great but we can fix that! Jump in the rocket ship before we blast off! 🚀🚀🚀
### List of targets ordered by P/E ratio
1. (www.tradingview.com/symbols/NYSE-AMG/)
2. (www.tradingview.com/symbols/NYSE-ICE/)
3. (www.tradingview.com/symbols/NYSE-APAM/)
4. (www.tradingview.com/symbols/NYSE-TD/)
I personally like the puts on $ICE, here is the (finance.yahoo.c...ote/ICE/options?p=ICE). The IV has not exploded so options on this are still cheap relative to other things out there. IV is in the 30% range here. The volume isn't the greatest but $ICE has more volume than $AMG. Which is why I like $ICE better than $AMG.
Also just sounds great to have some whisky on $ICE baby!
**Tangent!** If you aren't sure which whisky to drink while gambling on stocks, can't go wrong with (www.nikka.com/eng/br...s/coffey-grain-malt/)! It isn't a super expensive bottle and taste is among the best! The mouth feel is incredible, like silk is grinding its lady parts on your tounge!
Lets see what $ICE chart looks like:
!(www.tradingview.com/x/q70XDZpE/)
### Positions
- $ICE 8/20/21 85P
- $FB 2/19/21 260P
- $SQQQ 2/5/21 14.5C
- $VXX 3/5/21 20C
- $GME shares
- $NAKD shares
🚀🚀🚀
Firstly I would like to say big fan of (www.reddit.com/user/wsbgod) and (www.reddit.com/user/separatevariation). I was up huge on Disney, Airlines and $HDB back in Feb. I held a little to long and Fed printer went Brrrrr. Ouch! Lost over 45K. Anyway boohoo.
### What is next play?
We got a nice little tweet from (twitter.com/WSBgod):
(twitter.com/WSB...004490122887168?s=20)
It is pretty hard to read but well worth it. Love learning more about Burry!
##### Here is a short summary:
Short squeeze makes a frenzy of buying.
Actors with no position buy because the stock is running high and want to get in on big gains. Actors with short positions, those that short sold the stock,
will hedge against their short positions by buying stock. Eventually it will be time for the actors with short positions to pay up. They will get a margin call from the prime broker. When they can't pay, the debit will fall to the prime broker. This debt will then be shared by many prime brokers.
What happens when we get some debt among all the hedge funds? Well they will need to sell many of their positions. We saw the start of this today. Many big name stocks with good evalutions selling off. So you can short whatever you like and it will probably be good going forward for the near/medium term.
Let's look at !(www.tradingview.com/x/JG2poNxq/) Here we see a big red candle, bearish engulfing. We have also bounced off the trendline. RSI is also showing lower highs starting at the high back in 2018, then another bounce in 2020. Also the squeeze momentum chart also shows lower high momentum. We should keep an eye on the 325 level where we saw support previously.
Here is another person I like to follow on Twitter, (twitter.com/mtmalinen) also sounding (twitter.com/mtm...788065634643972?s=19). He points to some different concerns about debt around Europe and US. Not a good sign for markets.
But I am too late to the show! Everything is already down! !(i.imgur.com/5eyiG.jpg)
**WRONG!** Here are some places where IV is still low and option prices are cheap. Volume is not great but we can fix that! Jump in the rocket ship before we blast off! 🚀🚀🚀
### List of targets ordered by P/E ratio
1. (www.tradingview.com/symbols/NYSE-AMG/)
2. (www.tradingview.com/symbols/NYSE-ICE/)
3. (www.tradingview.com/symbols/NYSE-APAM/)
4. (www.tradingview.com/symbols/NYSE-TD/)
I personally like the puts on $ICE, here is the (finance.yahoo.c...ote/ICE/options?p=ICE). The IV has not exploded so options on this are still cheap relative to other things out there. IV is in the 30% range here. The volume isn't the greatest but $ICE has more volume than $AMG. Which is why I like $ICE better than $AMG.
Also just sounds great to have some whisky on $ICE baby!
**Tangent!** If you aren't sure which whisky to drink while gambling on stocks, can't go wrong with (www.nikka.com/eng/br...s/coffey-grain-malt/)! It isn't a super expensive bottle and taste is among the best! The mouth feel is incredible, like silk is grinding its lady parts on your tounge!
Lets see what $ICE chart looks like:
!(www.tradingview.com/x/q70XDZpE/)
### Positions
- $ICE 8/20/21 85P
- $FB 2/19/21 260P
- $SQQQ 2/5/21 14.5C
- $VXX 3/5/21 20C
- $GME shares
- $NAKD shares
🚀🚀🚀