(Part 1) ERRATUM in said recent Part 12.
I somehow used the equity line of $30B instead of $407.641B in AUM as of 03/31/2021 for Citadel. I don't want to use Fintel as they often do mistakes on recent filings.
I somehow used the equity line of $30B instead of $407.641B in AUM as of 03/31/2021 for Citadel. I don't want to use Fintel as they often do mistakes on recent filings.
(Part 2) Even I do mistakes - that's why I hire people to do these calculations and peer-review data (STUPID CAT!)
So Citadel having a 8% capital requirement meaning $32.61B to maintain their assets in place.
So Citadel having a 8% capital requirement meaning $32.61B to maintain their assets in place.
(Part 3)
40% short volume x 102.30M short interest x 800$ (share price) = $32.736B
Meaning if Citadel would be the only hedgie to short $AMC, if they are not kicking the can down the road by reloading their shorts, hedging against their bets.
They would go bust at 800$/share.
40% short volume x 102.30M short interest x 800$ (share price) = $32.736B
Meaning if Citadel would be the only hedgie to short $AMC, if they are not kicking the can down the road by reloading their shorts, hedging against their bets.
They would go bust at 800$/share.
(Part 4) ...Unless they cover first forcing their other competitors to cover later.
That's why the market is a massive never-ending game of chessboard.
Try this with multiple assets and our heads would explode.
That's why the market is a massive never-ending game of chessboard.
Try this with multiple assets and our heads would explode.
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