#AMC #GME thank you all for waiting patiently. Sorry for the delays in responses. So first off let me say this whole bearish atmosphere going on in the market was and is manipulation. I have seen a lot of stuff go down in the market in the past but this is that BS right here.
As you all know I have been big on tracking volume and how that not only applies to retail traders but those that operate on the options block. Currently there is a ton of speculation regarding the actual price per share on my feed and online as well.
The word on the street 👀 is that the prices of AMC and GME are trading prices in the dark pools than we can't actually see hence those spikes and that deep drop yesterday. I think to really understand and explain what is going on here I needed to look at the options
market for the day. This is my pov in what is going on with the stock prices. I'm working through this strategy with you as I go along. Because trying to keep up with these HF and their shenanigans... 🙄I could be wrong but
with the open interest, volume, and volatility disappearing at some prices...👀 I think the cause is a few things. 1) what the shorts have done now is try to cover the short interest by buying calls. Think about it if you've been shorting a stock into
oblivion for 1 yr. all eyes are on you this week as you try to cover the stock you have by close of mkt. #AMC But no one is selling. The best you could do is buy call options from the Whale who owns them.
When you have no where else to turn to where you do you go? I think the short sellers are desperate that they are now going to our whales asking for them to sell their call options in order to cover the # of short shares. They are then exercising those calls in huge tranches
at a lower price point. It took me a minute to figure out how this would be possible but it is the only way they are reducing the amount of borrowed shares and the short interest at the same time.
This means hedges are trying to once again trigger algorithms and trick the system into thinking they've covered. If you ask me they in no way or shape have covered the short interest nor have they returned the no of borrowed shares they were supposed to today.
According to ortex see pics below. Ortex increased the number of shares that are running through the market today. it had been that the shares actively traded on the mkt for #AMC were 145M now that sits at 161M shares. So some kind of way the shares are now finding 
there way to be claimed on the open mkt. (16M to be exact). For GME the balance is still the same but we all know it's well over shorted. ISee pic below.
the amount of short interest as of close yesterday for AMC was 53.3 and the amount of shares borrowed 32.6M. For GME it was 10.7M Short and 15.8M on loan. See pics below:
Today was no different. Part 2 on the way but wanted to post this part first.
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