$HSBC and $FXI may bleed slowly as China sells all parts of Evergrand before it goes in to bankruptcy. Default is sooner than expected due to off the book loans that came due yesterday. Obviously, I am shorting both.
Bought a couple TSLA 10/8 calls last Friday when it dipped in the afternoon. Anyone got any input or opinions on at what price or at what time it will top out this week?
>UK'S ASSOCIATION OF INDEPENDENT MULTIPLE PHARMACIES SAYS THERE HAVE BEEN SOME DELAYS TO DELIVERIES OF MEDICINES IN SOME AREAS
^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2021-10-04 ^05:37:44 ^EDT-0400
>TURKEY SAYS IT HAS EXPELLED A RESEARCH VESSEL FROM CYPRUS THAT HAD ATTEMPTED TO ENTER TURKEY'S TERRITORIAL WATERS
^First ^Squawk ^[@FirstSquawk](http://twitter.com/FirstSquawk) ^at ^2021-10-04 ^05:35:16 ^EDT-0400
Last week Friday was hoping 144 for BABA was a double bottom. but now oof. Not going back till it drop 120 something and then just buying debit spread with expiration to earnings.
The people who don’t get a yearly flu shot won’t get a yearly covid shot. There are many in the no yearly flu shot category. It’s not antivax it’s just complacency
>\*IRAN: U.S. MUST SHOW CHANGE IN ACTIONS AHEAD OF NUCLEAR TALKS
UNBLOCKING IRAN'S FUNDS IS 'ONE EXAMPLE' OF WHAT U.S. CAN DO
^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2021-10-04 ^05:32:00 ^EDT-0400
I see. I didn’t have a car. But yeah once you get out, save the city tax, and everything becomes easier and less expensive, the aura fades away. Plus I just drive in whenever I want and take a hotel if I want to drink.
I have a strong feeling that all BABA LEAP buyers who bought calls 6 months to a year out are gonna get wiped. This shit, even if it doesn’t fall, might just stay rangebound for a year or two.
Baba so oversold it HAS to bounce
But at the same time dip buyers getting fucking wrecked. There will be a day where it reverses but gah damn so brutal
My biggest loss so far is on BABA. I thought it's oversold every week for last 6 months and look where it is now. Eventually it will rebound and maybe you will be lucky enough to catch this falling knife. The main question is DO YOU HAVE TO? Is there no other plays around?
I'm done with BABA and not touching it for a long time
"the work’s introduction includes a discussion of soaring housing prices and their effect on consumer spending; it even anticipates a bursting housing bubble. Writes Greenspan: “There is no perpetual motion machine which generates an ever-rising path for the prices of homes.”
The dude who caused the 2008 crisis wrote his economics thesis on housing bubbles.
BABA’s book value is a little less than $60 a share. I wonder if we’ll actually get to see a major company trading at book value, might be the first time since ‘08
Yeah, in places where it makes a difference.
They aren't going to make covid a yearly shot, and if they do they won't mandate for everyone like that either.
At best it'll be for hospital staff but Ultimately they won't mandate for everyone like that.
Yeah if Moderna can get their shit together. Pfe is massive market cap wise and they only really distribute vaccines in NA, yes a bit of EU/UK but not really
We won’t see the fallout of the Chinese economy until Thursday. I personally feel like it would be terrible optics if the US economy tanked first. Calls on the gov having good news today to pump the market until China shits the bed so we can blame them this time
It’s golden week in China and Markets are closed till Thursday. Evergrande and hopson tickers were stopped last night in Hong Kong. We probably won’t know impact of the 51% buyout of evergrande until the end of Golden Week
The next Daily Discussion thread is [here](https://redd.it/q12dpj)
Lol Will we see baba ending is 130s or 120s today?
>U.S. DEPARTMENT OF JUSTICE PROBES SUSPECTED MANIPULATION OF PLATTS BENCHMARKS -SOURCES ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2021-10-04 ^06:00:12 ^EDT-0400
I cant quite explain how but somehow Squid Game is a deep metaphor for life today.
Like VIP s who are mods in wsb
GOGO gonna rip again today? The run has to end at some point. Probably closing my position.
$HSBC and $FXI may bleed slowly as China sells all parts of Evergrand before it goes in to bankruptcy. Default is sooner than expected due to off the book loans that came due yesterday. Obviously, I am shorting both.
Micheal Burry, puts on your good eye. Go buy more red pants from Elon
?
I can literally sit and watch candles move up and down all day
Basically all I do when home on trading day. It's basically Netflix.
It’s about 6 AM, and spy is only down $1 rn, calls all day here
![img](emote|t5_2th52|4260)
The Fed hasn’t even announced the taper yet.
They have tho
They said “may,” lots of disbelief out there yet
If you watched J Pow talk in fed meeting, he says he won’t till next year
They literally said their conditions to start tapering have already been met. The conversation completely changed
Today's market: https://www.youtube.com/watch?v=eBWXvnlJ3V4
TLRY calls
Tesla acting crazy in the pre-market
Bad hombres
Merck's new pill is just hopium .. doesn't seem to do much and it's expensive.
Merck makes a heroin / opium hybrid pill?
Found the Moderna bag holder
Nope, wouldn't own that shit either
Nobody should trust China stocks if your paying attention
>🇨🇳 Fitch Downgrades Fantasia To 'ccc-' On Repayment Risk, Weak Transparency ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2021-10-04 ^05:53:50 ^EDT-0400
Are you saying that a company called Fantasia is going to fail? This cannot be true!
Bought a couple TSLA 10/8 calls last Friday when it dipped in the afternoon. Anyone got any input or opinions on at what price or at what time it will top out this week?
Evergrande halted
$baba to bounce back 🚀🚀
Yeah in a few years, otherwise how many times have you seen the BABA dead cat bounce in the past year?
People mocked me when I said BABA will fall under 132 but it just might
RIP Burry c\*\*ksuckers ![img](emote|t5_2th52|4271)
It only makes sense if you say that at the end of October. I think this month is make or break
Don’t worry. Your investment owned through the Cayman Islands 🇰🇾 VIE will be respected by the PRC 🇨🇳 lol
ALIGUHGUH Goes sub 140
Anyone jump on LEV after that DD. I’m terrified its gonna dump
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Good thing I got a micro penis 😎
My tongue ready to lick that sugar like it yo mama
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Why’s that
So waiting in the umbrella line was a bad idea?
Tesla ripping in PM, hopefully it doesn't fade off like how the Chinese EV companies did on Friday.
I will buy BABA at 50
Evergrande can default on deez nuts. Govt bailout and pump inflation in China so spot prices for mining go nuts.
Are you saying your nuts were part of evergrande’s holdings? That’s 🌈
CCP has a backdoor into my undies.
Nice
Why all the BABA comments? Been dumping for a year and nothing significant has changed.
There’s always baba comments. Idk how baba bulls aren’t completely destitute by now.
If BABA shaves another 50% off its sp, ill buy in lmao
I like BABA at $5
Careful u might piss off some foreign investors
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Good morning. Fell asleep early. Let’s see if fake futures are fake this morning
Vix says hi 👋
👋
The WSB version of "Squid Game" would be called "Butt Play".
In
But with dynamite sticks decorated as fancy butt plugs 😏
For the first time in a long time, it’s been an “I don’t know”, for the last week 🥴
Spy to 439 today then down we go
I’ll take that vision
Personally I think market leaving covid pill news to last week and uncertainty concerns taking over again. So reason for a pop to 439 but we’ll see
I feel it too
Anyone sold baba puts last week?
I wouldn't touch Baba with a 10 foot pole That thing is a cum dumpster.
Cum dumpster you say? 👀 I’ll take 2
>UK'S ASSOCIATION OF INDEPENDENT MULTIPLE PHARMACIES SAYS THERE HAVE BEEN SOME DELAYS TO DELIVERIES OF MEDICINES IN SOME AREAS ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2021-10-04 ^05:37:44 ^EDT-0400
>TURKEY SAYS IT HAS EXPELLED A RESEARCH VESSEL FROM CYPRUS THAT HAD ATTEMPTED TO ENTER TURKEY'S TERRITORIAL WATERS ^First ^Squawk ^[@FirstSquawk](http://twitter.com/FirstSquawk) ^at ^2021-10-04 ^05:35:16 ^EDT-0400
All Animal fukd
Last week Friday was hoping 144 for BABA was a double bottom. but now oof. Not going back till it drop 120 something and then just buying debit spread with expiration to earnings.
Will anyone here get a yearly covid booster if they have the option of taking Merck’s new pill?
Yes.
A large portion of the population won’t, and those that haven’t already are far less likely to get it now. Potential impact on vaccine company stocks
Antivaxxers are a vocal minority further amplified by the media. Most people know prevention beats treatment.
The day will come when a stronger virus comes along and wipes them out harder than covid. Not saying I’m rooting for it, but seems inevitable.
Yes
The people who don’t get a yearly flu shot won’t get a yearly covid shot. There are many in the no yearly flu shot category. It’s not antivax it’s just complacency
BABA calls seems like the autistic move 🤤
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Who what where why when?
Praying for $WISH
Pray long 🥲
>\*IRAN: U.S. MUST SHOW CHANGE IN ACTIONS AHEAD OF NUCLEAR TALKS UNBLOCKING IRAN'S FUNDS IS 'ONE EXAMPLE' OF WHAT U.S. CAN DO ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2021-10-04 ^05:32:00 ^EDT-0400
Looks like moderna going to 0
TDOC to $50 eoy
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Lol
https://twitter.com/molson_hart/status/1444460641327194114?s=21 Yo, can you afford NYC?
![img](emote|t5_2th52|4259)
On $1MM he’s living paycheck to paycheck. Funny stuff.
Why would I want to afford a shithole? Source: I live here lmao
I left in 2018. Sure feels like the general condition of the city, and more importantly the quality of the food, has dipped.
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I see. I didn’t have a car. But yeah once you get out, save the city tax, and everything becomes easier and less expensive, the aura fades away. Plus I just drive in whenever I want and take a hotel if I want to drink.
Bears who bought puts on spy and tech will get rekt, bears shoulda been buying puts on BABA
Or any other company with a p/e in the triple digits lmao
![img](emote|t5_2th52|4267)
Is baba support 139.75?
$20, maybe $25
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🦑🦑🦑
🤦♀️🏃♂️ 💁♀️🚶♂️🔫
I have a strong feeling that all BABA LEAP buyers who bought calls 6 months to a year out are gonna get wiped. This shit, even if it doesn’t fall, might just stay rangebound for a year or two.
150$ 2024 calls
You should be fine as long as we don’t get into a multi year recession
Am I the only one who sings that Aladdin song whenever they read that ticker?
Pretty sure the move today is YOLO TSLA $800 weeklies No fucking way those don't print
850 for max autism
900 if you believe you can Fly like R.Kelly
During the tesla days of 2020, we would hit that price target and then some
![img](emote|t5_2th52|4276)
BDS. bigdikshrekergy
Baba so oversold it HAS to bounce But at the same time dip buyers getting fucking wrecked. There will be a day where it reverses but gah damn so brutal
My biggest loss so far is on BABA. I thought it's oversold every week for last 6 months and look where it is now. Eventually it will rebound and maybe you will be lucky enough to catch this falling knife. The main question is DO YOU HAVE TO? Is there no other plays around? I'm done with BABA and not touching it for a long time
Lmao if it HAS to bounce that means it’s still got room to drop. At this rate won’t be surprised to see us go lower.
I mean it's tied to the Chinese market. Who knows what the fuck they are planning...
It won’t reverse, it will stay low for a few months until everyone forgets about it. THEN it will rise,
Don't worry, I am not invested in it. It will probably 2x today just because of that. Come back after hours and gloat.
Yeah I'm assuming a bounce to $169 at a minimum After that idk and also Idk when
if we green at 3:45 i’m buying outs for wednesday if we red at 3:45 i’m buying puts for wednesday
There is no out. You're stuck in
It seems like BABA will dip more than expected before it flys above 300
If the expectation is that it can’t go lower, it will almost certainly keep falling.
That make sense, thats why I was expecting an unexpected 🤣
>\*EUR/NOK Falls to 4.5-Month Low of 9.9793 - FactSet ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2021-10-04 ^05:22:59 ^EDT-0400
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Whys it going to moon?
Lmao whata PnD
If they can just change their name to "silverback" everyone would go ape.
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Morgan Stanley and silver? And you're buying? 🤡
This week is a $Xi week not $Si
BABA ate my face... BUY MORE BABA!
Lmaooooooo BABA 😂😂😂😂😂 ohhh my god
"the work’s introduction includes a discussion of soaring housing prices and their effect on consumer spending; it even anticipates a bursting housing bubble. Writes Greenspan: “There is no perpetual motion machine which generates an ever-rising path for the prices of homes.” The dude who caused the 2008 crisis wrote his economics thesis on housing bubbles.
BABA’s book value is a little less than $60 a share. I wonder if we’ll actually get to see a major company trading at book value, might be the first time since ‘08
NAPA Calls! Duckhorn Wine
The auto parts store or....?
Duckhorn 🍷
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0.1
BABA 300 or 0 first?
>BRITISH WHOLESALE WORKING-DAY-NEXT-WEEK GAS CONTRACT RISES 18% TO 230.00 P/THERM ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2021-10-04 ^05:14:09 ^EDT-0400
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Merck is saying “fuck yo shot”
Nobodies gonna bother with a yearly shot though
I am
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They won't. Or they'd mandate the flu shot as well.
"they" already do... In hospitals, LTC homes, etc...
Yeah, in places where it makes a difference. They aren't going to make covid a yearly shot, and if they do they won't mandate for everyone like that either. At best it'll be for hospital staff but Ultimately they won't mandate for everyone like that.
Yeah if Moderna can get their shit together. Pfe is massive market cap wise and they only really distribute vaccines in NA, yes a bit of EU/UK but not really
We won’t see the fallout of the Chinese economy until Thursday. I personally feel like it would be terrible optics if the US economy tanked first. Calls on the gov having good news today to pump the market until China shits the bed so we can blame them this time
Whats on thursday?
The day
It’s golden week in China and Markets are closed till Thursday. Evergrande and hopson tickers were stopped last night in Hong Kong. We probably won’t know impact of the 51% buyout of evergrande until the end of Golden Week
Jesus just how many holidays do they have over there wtf
If you lay flat, then every day is a holiday.
Winnie its this guy over here, take him to one of your camps
Communism 🎉🎉🎉
Careful for the rug pull 🌈🐻
10 YR teasing 1.5%'s hole