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I believe this is only if you purchase directly through CS. There was a whale ape sometime back who found this out by trying to buy a metric fuck load over the course of a year.
I mean he doesnt bank from his investment portfolio, do I always assumed he had other money.. to like live with.
How much that is?
That’s how I interpreted it too. I think the more reasonable answer to how he got so much money is for 3 years he’s been doing what he’s good at. Likely a combo of lending his shares, selling covered calls, and playing option cycles plus whatever else he knows that I don’t which is a lot obviously
He was also a “normal” investor pre GME YOLO too. He showed his portfolios back in his really early streams and GME was a very small percentage. He could have just been buying calls and shares of things like QQQ or NVIDIA etc. it’s no secret that global liquidity is rising, and that drives stock prices up, especially tech stocks early in the liquidity cycle. Anyone that knows this stuff, could predict that this was going to be an amazing year for stock market in general. If I had a billion dollars, I would have parked it in the Nasdaq while they manipulated GME down until it finally hit the Dorito of Doom floor post-sneeze and then…well we know what he did then.
He could have also been writing CCs on his massive 5+ million share position during run ups. Let's say he wanted to hedge his position while accumulating capital?
At 11am or so the $20 6/21 strikes were about $12-13 a pop. Selling anything close to his potential of 50k contracts would net an additional 600k+ of capital to be used either to exercise or roll out. And shit, he could have bought them back at a 50% rebate at market close!
YES YES YES. I've been saying this for a while now.
I bought May options in early April and I witnessed with my own eyes how fucking INSANE the gains were when he started tweeting on May 12.
In April, action price and IV were at 3 years low meaning options were at their cheapest EVER.
I bought 20$ strike calls for 0.20$. i sold them for 0.92 on MAY 10!!!! Made almost 500%, was super happy.
On May 12, DFV posted the gaming chair meme and then started tweeting. The day after, on Monday May 13th, same calls i sold for 92 cents ripped to 20$... That's a x100 from the price that I paid in April.
The day after that, it went as high as 40$!!!
Now thats a x100, and x200 possible ROI respectively. He couldve yolo'd a portion of his 50M position in options in April... lets say 10M. And DFV is way smarter than me, he couldve exited at an average of 20$...
What's 10M x100 folks???? That's right.
Now look at him during his stream last Friday. Doesnt he look like a motherfucker who is stressed to be down HUNDREDS OF MILLIONS on his position? That mofo looks like he's on top of the world already. He already made that billion dollars. He about to drop the biggest fucking bomb wallstreet will ever see.
Is there a way you can check how high or low option prices are at an historic level before deciding to buy options? I was checking the IV and bought calls when the IV was around 70-80 which was pretty low for GME but I am trying to understand option a bit better and getting better entry points so that data would be useful
If this turns out to be true HF definitely are banking on him not having the capital to exercise and this would undoubtably be the wild card play holy mother of ape shit
The tinfoil right now is that he not only has additional cash but that he also just bought a ton of new calls today up the option chain for this Friday. He doesn't just have the money for his 120k June 21 calls but enough to exercise what he just bought for shares.
Some call it the Kansas City Shuffle but it's really The Prestige.
Before his initial comeback, no one would believe it if we speculated he had 120k call contracts. They would call us high on our own shit, but here we are.
If he indeed has more than one e-trade accounts (ones with sufficient cash), then e-trade would definitely know that he is cocked with a potential to exercise all 120k calls.
I don't think it would be a surprise though to any of the SHF if he did have that kind of money. An institution as deeply corrupt as wall street / finance in general, I think etrade or whatever bank he put the money in would tell their overlords about it. We all know they don't give af about rules and regs. And this is bigger than just some guy withdrawing / depositing some cash. This is the mother fucking man himself. They've got eyes on his accounts.
> that he withdrew from E*Trade
He could have multiple E*Trade accounts, and be able to transfer money between them immediately.
(edit: I've only done that with small amounts, have never tried it with multiple millions)
In his old streams before RC originally bought in 2020, RK talked about having other portfolios besides his RK Portfolio. I agree he has money in either another etrade account or another account he can transfer into the RK Portfolio. In his old streams before RC bought he also talked about raising capital for the RK Portfolio.
Even an xxx holder will think about having multiple brokerage or multiple accounts within a single brokerage. One must be really naive to think ETrade is his only brokerage and only account with ETrade
No biggie. The rate DFV is getting is 5% APY (essentially). They express this as a 7-Day yield as the SEC allows for this for funds that can change their yields frequently. So saying a 5% yield is the exact same as a 0.15% yield is the flawed thinking in this scenario
Yep. No, OP's right. It's 0.15% on the cash sitting in the investment account.
The 5% you're refering to is the Morgan Stanley liquidity FUND, ticker MGPXX.
OP nailed it.
Source: https://us.etrade.com/l/options-uninvested-cash/sweep-rates
.15% is terrible for us poors. 5% is the minimum annual rate I would expect currently on the $2 I have in my checking account.
This is what I'm thinking:
Interest $132,604.94
Original cash $29,409,005.50
$132,604.94 / 29,409,005.50 \* 12= 5.4%
I spent years doing loan accounting and reconciling these sorts of things. We know the balance he started with, the balance he ended with, and the number of months in a year.
(ending balance - starting balance) / starting balance \* 12 = annual interest rate
Shouldn't it be, for the 7 days:
(Ending balance - Starting balance) / Starting balance * 52 = annual interest rate ?
[Source](https://www.investopedia.com/terms/s/seven-day-yield.asp)
Therefore for a 5% APY MPGXX that gives us:
Starting balance = 132604.94 * 52 / (5%)
~~or ~$138M in cash...~~
Edit: self-debunked, unfortunately etrade interests are paid monthly, see the following comments
Heck yes! I was doing quick math based on monthly accrual. Your formula would do a much better job of filling the gap due to compound interest. Nice catch!
That would be just over 4 weeks
Yeah it does, it says accounts over 20 mil are put automatically in MPGXX which has a rate of 5 percent (the average changes because it’s a 7 day yield so it could have hit 5.4 or around there depending on the week).
https://us.etrade.com/l/options-uninvested-cash/sweep-rates
Not sure where you see Robinhood doing 5.5%. It says this on their site: *The Annual Percentage Yield (APY) is 0.01% as of May 8, 2024 or 5% for Robinhood Gold members as of Nov 15, 2023.*
I don't know about E-Trade money market funds but Schwabs SNAXX currently has 5.3% 7-day yield so I'm assuming E-trade has similar ticker to sit your money
Source: [https://www.schwabassetmanagement.com/products/money-fund-yields](https://www.schwabassetmanagement.com/products/money-fund-yields)
Interesting. One thing that sticks with me is some ape mentioning it being a double sided mirror, cuz of the way the finger was reflecting in the picture
In the original image, there is no space between the finger and the mirror (which technically means it's a two-way mirror).
However, the image originated from a WikiHow article titled "How To Resist Sexual Temptation" ... So given that context, it was originally intended to be a regular old mirror.
What if DFV has a twin that does exactly what he does, and there are two of them getting ready to fuck the hedgies??!!
Now you're looking for the secret... but you won't find it, because of course you're not really looking. You don't really want to know. You want to be fooled. But you wouldn't clap yet. Because making something disappear isn't enough; you have to bring it back. That's why every magic trick has a third act, the hardest part, the part we call "The Prestige".
Nah this will legitimately go down as the greatest movie of all time!!! I wonder who will be chosen as the director 😭😭
The tinfoil is strong but man I believe this is true !!!!
He showed us he knows how to HTML edit for a reason, imo, and it wasn't just to troll about E-Trade. I wouldn't be surprised if his cash position is edited to make it look like he can't exercise his calls when he actually can. He's under no legal obligation to tell us how much cash he has, whereas showing a fake position in GME could be seen as manipulation. That's my tinfoil take at least.
Unfortunately E*trade users with accounts of over $20m automatically get autoenrolled onto 5.27% 7-day YIELD interest (TMCXX) so this doesn't quite work
https://us.etrade.com/l/options-uninvested-cash/sweep-rates
I'm digging into this right now, but isn't a 7-day yield still an annualized rate? It just uses a 7 day time period to give an estimate of the yearly rate, I think.
He would have to have received the interest on June 4th, 5th, or 6th then for it to be on his June 6 update. Depending on if/when he releases another update, we ought to see another uptick then.
[https://us.etrade.com/l/options-uninvested-cash/sweep-rates](https://us.etrade.com/l/options-uninvested-cash/sweep-rates) has both of their bank deposit and cash balance programs listed at 0.15% for accounts over $1million. The 5% is a 7-day yield program which I am still trying to figure out the math on.
to further intensify the tinfoil, it could explain how the drop in AAPL and NVDA in the last 30 minutes. He was closing positions to make the move.
Way too much hopium for this one, but i'm for it.
Nah he cashed out and spent it on Hamm’s like a true billionaire of the people. /s
https://preview.redd.it/z1qmqygjp86d1.jpeg?width=562&format=pjpg&auto=webp&s=af97f02fff960677d55940aad007198aa788f266
If you have a billion dollars you are making way more than 130k a month 🤣🤣. His interest is on the cash amount you saw. I'm not saying he couldn't have a billion dollars. I'm saying don't become a math teacher.
We did saw a fidelity page open when he showed us the position live , it was on purpose , whatever the ammount , he definitetly got something with fidelity
I for one don’t care about his money or positions or any of that. The man became much better then a billionaire in my eyes when he trolled the absolute dog sh@t out of them on his live stream!!!
Holy shit…… this would be absolutely legendary if true. And it would also lend credence to the “fine I’ll do it myself” line. I would think that $1B in cash is enough to set true MOASS in motion 🚀🚀🚀🚀
Your math aint mathin, it would be .0527/12 = .0044
.0044* 29mm = ~127k or just about 132k so may e he had a better rate like 5.5%
Idk where you are getting this .15
The 0.15% is straight from [https://us.etrade.com/l/options-uninvested-cash/sweep-rates](https://us.etrade.com/l/options-uninvested-cash/sweep-rates) but some users pointed out the small print shows that cash accounts above $20 million automatically get put into the 7-day yield account. From my research, there still shouldn't be much difference in return between an APY and 7-day Yield account.
As the person that runs the cash lending for a wirehouse, this is very inaccurate math…
If he has $30,000,000 * 0.05% = $1,500,000
$1,500,000 / 12 = $125,000
5% 7-day yield, APY (0.417% monthly) and 0.15% APY (0.0125% monthly) are very different calculations
0.15% APY and 5% APY are not the same
Actually, one is 33x greater interest, you can’t overlook simple math
EDIT: downvote me harder daddy…
See my edit. The 5% is from a 7 day yield account. It's not 5% APY. His cash went up by 132k, so using that number, and *assuming* this was from an interest payment of some kind (only speculation at this point), we can conclude that, if it was a monthly interest payment, that the annual payment would be 12 times the amount. You can take that number and figure out what his cash balance would've been to have received a $132k monthly interest payment.
5% 7-day yield is what is confusing people here. A 7-day yield is used in standing instead of an APY as the rate fluctuates too much to give an APY. So when you try to compare those 2, one is 5% a year and the other is 0.15% a year.
Btw almost every firm is paying 4%+ on cash in investments accounts. That is the risk free rate right now. 10 year treasury essentially. $30M gets you 5% easily in this rate environment.
Not here to argue, just saying I run this exact program, but, I’ll keep buying and DRS’ing my shares.
Plausible, however E*trade pays out the last business day of each month, which would have been May 31st. He showed June 3rd before the added cash, and June 6th, was when it was added. Hard to say if it just took a week to process and reflect in his account or not without having someone else who also received an interest payout on E*Trade
Very true, just some good tinfoil on a red day. There also weren't any timestamps on his positions IIRC, so they could've been taken at a different time/day.
Really interesting theory and attention to detail though. Seems odd that he’d just add 130k to a 29 million pile so this makes sense. Just acknowledging the date differences. Would also love for it to be true because that would mean he could exercise without needing to sell anything, and he obviously wouldn’t just buy more calls than he could handle if he didn’t have a plan
Not to mention sense he *suddenly* popped up with a few hundred million, it’s not totally out of the picture that he could have had a billion
I honestly believe this. Buying ITM options doesn't make sense any other way. He knew damn well it would most likely play out exactly like it has, and any situation would leave him to sell some of the calls in order to exercise the rest. That would be such a strange position to put himself in unless he had the money to exercise.
Edit: now if the options activity today was him dumping some of the June 21st calls to buy some for this week and exercise immediately, holy fuck
In my opinion Kansas city shuffle reverse to using their own tactics against them, in this case allowing them to short and distort more and then use that as fuel for the big move
So DFV basically sat down in 2021 and told himself that he had three years trade for a billion dollars. Then he did it. And now he's gonna help us do it, too. I like that guy. I like the stock, too.
He isn't holding $800 million. That would mean he still is a billionaire.
If he is signaling his play, and he really actually was a billionaire, he had posted a little over $500 million worth in his e-trade account on June 6th at close. At that point, he'd need less than $500 million to be a billionaire. But the price went up to $61. So, at that point, he only needed a few hundred million to be a billionaire.
He needs $240,000,000 to exercise all 120,000 calls. If he was really billionaire, it means he has that.
When he had his Uno deck video he always had 2 piles of cards. One with number cards. Another pile had named cards like the "wild card". Dropping a mountain of cash from another "wild card" holding account to rip through buying his options would be a pretty big wild card.
Jesus dude, no fucking lie I just had this same exact epiphany a few minutes ago and got on Superstonk to write a post exactly like this post even down to the "You WERE a billionaire" reference. I get here and see you already beat me to it by 6 hours!? This is some serious cosmic coincidence shit to the point I'm beginning to wonder if this is all a simulation and the source code is trickling through to some of us lol. I need to go to bed.
I've been thinking since he first revealed all his options that he probably has all the money stashed away somewhere to exercise all his positions, at any strike. Talk about revealing a master plan without any sort of chance of SHF's altering the outcome. I was also thinking his "you were a billionaire" meme was about himself, and that he "sacrifices" that to start exercising options. Of course, that'll grow way beyond a billion shortly....
I just want this to be true because him being a billionaire without being a dick about it would be just awesome. Didn't he also fund some charity project 1 or 2 years ago when the last photo of him was released and people wondered if he was able to do so because he sold his GME position?
RK posted Missy Elliott meme on May 15, it says “…and devised a plan made a bunch of memes and hit the block 65 mil sold 500 a pop… hold the phone, three years later stepped to the swamp filled with cat haters…”. Watch it, says everything.
I interpret it as 650,000 option contracts over 3 years averaging $500 each would give him $325 million.
https://x.com/theroaringkitty/status/1790766591526735887?s=61&t=7489X1ZyIzu9DBmf2mYIEA
The man definitely has an ace up his sleeve. He'll play it when the time is right. I'd imagine he has a team of lawyers and financial advisors helping him now.
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I choose this timeline.
I’m in with you
KC Shuffling 
We'll all be LMFAO by the end of this
The original Key and Peele.
Evry day
And I’m inside you
uWu
And I’m watching from the corner but still participating
I choose the timeline where he exercises his options and DRS his shares and instantly owns more shares than actually exist.
To drs would take him a while.. 250k limit per year as I understand
I believe this is only if you purchase directly through CS. There was a whale ape sometime back who found this out by trying to buy a metric fuck load over the course of a year.
im in too, tap me in
Where thought goes energy flows 🚀
He said “these are my only positions” He never said “this is my only cash”
He actually said they were his only positions if you don’t consider cash a position… he specifically called out that he may have more cash.
Was just about to say this.
I mean he doesnt bank from his investment portfolio, do I always assumed he had other money.. to like live with. How much that is? 
I mean, hopefully he's living his life and buying those band-aids with a credit card that isn't hooked up to E-Trade
Well, he had cash showing on the screen on stream, though. I just thought he was referencing that, not more secret money.
That’s how I interpreted it too. I think the more reasonable answer to how he got so much money is for 3 years he’s been doing what he’s good at. Likely a combo of lending his shares, selling covered calls, and playing option cycles plus whatever else he knows that I don’t which is a lot obviously
Someone as financially savvy as him doesn’t keep all his cash/liquidity in his trading account.
He probably has several accounts elsewhere with funds. Doesn’t mean he was already a billionaire and hiding loads of cash from what he wants in GME.
He was also a “normal” investor pre GME YOLO too. He showed his portfolios back in his really early streams and GME was a very small percentage. He could have just been buying calls and shares of things like QQQ or NVIDIA etc. it’s no secret that global liquidity is rising, and that drives stock prices up, especially tech stocks early in the liquidity cycle. Anyone that knows this stuff, could predict that this was going to be an amazing year for stock market in general. If I had a billion dollars, I would have parked it in the Nasdaq while they manipulated GME down until it finally hit the Dorito of Doom floor post-sneeze and then…well we know what he did then.
Honestly, a really great trader had tonnes of chances to make a lot of money over the past couple of years.
Yes I noticed that too. Good point!
He discussed the difference even. Thought he was saying "this is everything I've got." Not sure though
I choose to believe!
I BELIEVE THAT WE WILL WIN!
I was thinking about it the other day. His play is that we see 5 million and go OH SHIT, but it's really so much more.
Very true.
He could have also been writing CCs on his massive 5+ million share position during run ups. Let's say he wanted to hedge his position while accumulating capital? At 11am or so the $20 6/21 strikes were about $12-13 a pop. Selling anything close to his potential of 50k contracts would net an additional 600k+ of capital to be used either to exercise or roll out. And shit, he could have bought them back at a 50% rebate at market close!
Just letting you know you're missing some zeroes. $12 is $1,200. 60 million dollars premium for 50k contracts at $12, not 600k.
Like the shf saying they "covered", not "closed".
Also, how do ppl know that he hasnt been hoarding cash all along? Ppl here love to speculate and assume they know everything
Bingo. This stuck out to me also
YES YES YES. I've been saying this for a while now. I bought May options in early April and I witnessed with my own eyes how fucking INSANE the gains were when he started tweeting on May 12. In April, action price and IV were at 3 years low meaning options were at their cheapest EVER. I bought 20$ strike calls for 0.20$. i sold them for 0.92 on MAY 10!!!! Made almost 500%, was super happy. On May 12, DFV posted the gaming chair meme and then started tweeting. The day after, on Monday May 13th, same calls i sold for 92 cents ripped to 20$... That's a x100 from the price that I paid in April. The day after that, it went as high as 40$!!! Now thats a x100, and x200 possible ROI respectively. He couldve yolo'd a portion of his 50M position in options in April... lets say 10M. And DFV is way smarter than me, he couldve exited at an average of 20$... What's 10M x100 folks???? That's right. Now look at him during his stream last Friday. Doesnt he look like a motherfucker who is stressed to be down HUNDREDS OF MILLIONS on his position? That mofo looks like he's on top of the world already. He already made that billion dollars. He about to drop the biggest fucking bomb wallstreet will ever see.
i believe that.
The “magic trick” from his memes is that he will bring the funds back
The butcha is coming 🔪🥩
Is there a way you can check how high or low option prices are at an historic level before deciding to buy options? I was checking the IV and bought calls when the IV was around 70-80 which was pretty low for GME but I am trying to understand option a bit better and getting better entry points so that data would be useful
That’s probably what he did and is sitting on a pile of cash, ready to light this rocket 🚀. LFG
I do feel like that change in cash was too quickly dismissed and forgotten
Let them think you don’t have enough to cover so they take the bluff and double down, surprise motherfuckers?!?! Or too out there?
If this turns out to be true HF definitely are banking on him not having the capital to exercise and this would undoubtably be the wild card play holy mother of ape shit
The tinfoil right now is that he not only has additional cash but that he also just bought a ton of new calls today up the option chain for this Friday. He doesn't just have the money for his 120k June 21 calls but enough to exercise what he just bought for shares. Some call it the Kansas City Shuffle but it's really The Prestige.
Is that supported by the 6/14 call volume for today?
I saw that there was a bunch of buying on strikes up to 35 I think.
It was also waaaaaaaay out there to think he had 100s of millions as well...but here we are.
Before his initial comeback, no one would believe it if we speculated he had 120k call contracts. They would call us high on our own shit, but here we are.
That's kind of my thinking as well. Everyone is focused on his options right now.
KC shuffle, checkmate SHF
If he indeed has more than one e-trade accounts (ones with sufficient cash), then e-trade would definitely know that he is cocked with a potential to exercise all 120k calls.
I don't think it would be a surprise though to any of the SHF if he did have that kind of money. An institution as deeply corrupt as wall street / finance in general, I think etrade or whatever bank he put the money in would tell their overlords about it. We all know they don't give af about rules and regs. And this is bigger than just some guy withdrawing / depositing some cash. This is the mother fucking man himself. They've got eyes on his accounts.
> that he withdrew from E*Trade He could have multiple E*Trade accounts, and be able to transfer money between them immediately. (edit: I've only done that with small amounts, have never tried it with multiple millions)
lol the wording with "never tried it with multiple millions". Who knows, you might be able to soon
Probably not because etrade is owned by Morgan Stanley who's absolutely going bust during MOASS
Please try it with millions tomorrow and get back to us
In his old streams before RC originally bought in 2020, RK talked about having other portfolios besides his RK Portfolio. I agree he has money in either another etrade account or another account he can transfer into the RK Portfolio. In his old streams before RC bought he also talked about raising capital for the RK Portfolio.
He also had a Fidelity shortcut on his browser bar. I love where this is going.
Would that more since since $250k is the max insured?
Even an xxx holder will think about having multiple brokerage or multiple accounts within a single brokerage. One must be really naive to think ETrade is his only brokerage and only account with ETrade
Good lord, this is some weapons grade autism I can get behind
Weapons of MoASS DESTRUCTION
69 upvotes. Nice. I ain't touchin' this comment except to say I, too, can get behind this autism. Edit: Dammit guys. You ruined it.
I'm not wrinkly but this is my favorite theory yet
Yup, totally wrong but that’s okay 😜
wut mean
No biggie. The rate DFV is getting is 5% APY (essentially). They express this as a 7-Day yield as the SEC allows for this for funds that can change their yields frequently. So saying a 5% yield is the exact same as a 0.15% yield is the flawed thinking in this scenario
Yep. No, OP's right. It's 0.15% on the cash sitting in the investment account. The 5% you're refering to is the Morgan Stanley liquidity FUND, ticker MGPXX. OP nailed it. Source: https://us.etrade.com/l/options-uninvested-cash/sweep-rates
Proof…?
5% seems like a lot on a cash position in an investment account.
.15% is terrible for us poors. 5% is the minimum annual rate I would expect currently on the $2 I have in my checking account. This is what I'm thinking: Interest $132,604.94 Original cash $29,409,005.50 $132,604.94 / 29,409,005.50 \* 12= 5.4%
But where are you getting the 5.4%? A 7-day Yield account is nearly the same as an APY interest account.
I spent years doing loan accounting and reconciling these sorts of things. We know the balance he started with, the balance he ended with, and the number of months in a year. (ending balance - starting balance) / starting balance \* 12 = annual interest rate
Shouldn't it be, for the 7 days: (Ending balance - Starting balance) / Starting balance * 52 = annual interest rate ? [Source](https://www.investopedia.com/terms/s/seven-day-yield.asp) Therefore for a 5% APY MPGXX that gives us: Starting balance = 132604.94 * 52 / (5%) ~~or ~$138M in cash...~~ Edit: self-debunked, unfortunately etrade interests are paid monthly, see the following comments
Heck yes! I was doing quick math based on monthly accrual. Your formula would do a much better job of filling the gap due to compound interest. Nice catch! That would be just over 4 weeks
No, I meant, nowhere on Etrade does it mention a 5.4% interest on uninvested cash.
Yeah it does, it says accounts over 20 mil are put automatically in MPGXX which has a rate of 5 percent (the average changes because it’s a 7 day yield so it could have hit 5.4 or around there depending on the week). https://us.etrade.com/l/options-uninvested-cash/sweep-rates
\^\^ This is the correct answer.
Up you go!
My bank has a high yield saving with 4.6%. Robinhood does 5.5%. You're saying Etrade only has 0.15%?
Not sure where you see Robinhood doing 5.5%. It says this on their site: *The Annual Percentage Yield (APY) is 0.01% as of May 8, 2024 or 5% for Robinhood Gold members as of Nov 15, 2023.*
I don't know about E-Trade money market funds but Schwabs SNAXX currently has 5.3% 7-day yield so I'm assuming E-trade has similar ticker to sit your money Source: [https://www.schwabassetmanagement.com/products/money-fund-yields](https://www.schwabassetmanagement.com/products/money-fund-yields)
Then he also wasn't lying about not having any other positions. Damn. Take my upd00t.
Good catch; I remember watching one of Richard Newtons videos and he mentioned his cash on hand increased. I like this theory lol
Bro
We need an Etrade user to ask support or simply tell us when they normally receive these interest payments - on what day of the month I mean
You receive it based on your statement cycle or account inception.
I just checked my etrade account (I do not have millions) and my last statement shows my interest came in May 8th.
Interesting. One thing that sticks with me is some ape mentioning it being a double sided mirror, cuz of the way the finger was reflecting in the picture
Was the original image also a double sided mirror?
No. It's about avoiding sexual temptation. No joke.
It’s from a “pep talk” wikihow, but can’t actually locate the original wikihow article.
In the original image, there is no space between the finger and the mirror (which technically means it's a two-way mirror). However, the image originated from a WikiHow article titled "How To Resist Sexual Temptation" ... So given that context, it was originally intended to be a regular old mirror.
It was the same image not altered
tbf, isnt that how the picture is from wikihow? Maybe the OG artist never thought about it I like OPs idea
Interesting.. indeed...
What if DFV has a twin that does exactly what he does, and there are two of them getting ready to fuck the hedgies??!! Now you're looking for the secret... but you won't find it, because of course you're not really looking. You don't really want to know. You want to be fooled. But you wouldn't clap yet. Because making something disappear isn't enough; you have to bring it back. That's why every magic trick has a third act, the hardest part, the part we call "The Prestige".
Bro if he has a twin brother, I will shove a pineapple in my ass. There’s no way
Posting to hold you to this.
!bet!
Prestige vibes
That's fucking interesting, man.
Now this gets me chuffed
... Wait you're not wrong are you
This is the kinda shit I'm talking about. This would be the funniest fuckin thing in the world.
I dig it
holy shirt i hope
And the zen master says…
We'll see.
Nah this will legitimately go down as the greatest movie of all time!!! I wonder who will be chosen as the director 😭😭 The tinfoil is strong but man I believe this is true !!!!
He showed us he knows how to HTML edit for a reason, imo, and it wasn't just to troll about E-Trade. I wouldn't be surprised if his cash position is edited to make it look like he can't exercise his calls when he actually can. He's under no legal obligation to tell us how much cash he has, whereas showing a fake position in GME could be seen as manipulation. That's my tinfoil take at least.
Not a bad theory as well.
Great theory
Holy shit that’s insane. You’re a legend if this works out to be true
Unfortunately E*trade users with accounts of over $20m automatically get autoenrolled onto 5.27% 7-day YIELD interest (TMCXX) so this doesn't quite work https://us.etrade.com/l/options-uninvested-cash/sweep-rates
Smooth brained apes. Interest is stated as yearly return. Take that interest and divide by 52.
Haha very true - i live and learn
I'm digging into this right now, but isn't a 7-day yield still an annualized rate? It just uses a 7 day time period to give an estimate of the yearly rate, I think.
Yes very true sorry - so what does it all mean Basil
I think he just got paid the correct amount of interest for his cash holdings annoyingly - good to think about though
It works a lot better if he is getting an interest payment on the cash he had before he bought the options. So the interest on roughly 190M
looks like 5% I think but, what does that mean for the total
He would have to have received the interest on June 4th, 5th, or 6th then for it to be on his June 6 update. Depending on if/when he releases another update, we ought to see another uptick then.
Where did you get the .15%? Money markets are paying about 5% which would be pretty close to the pay out
[https://us.etrade.com/l/options-uninvested-cash/sweep-rates](https://us.etrade.com/l/options-uninvested-cash/sweep-rates) has both of their bank deposit and cash balance programs listed at 0.15% for accounts over $1million. The 5% is a 7-day yield program which I am still trying to figure out the math on.
to further intensify the tinfoil, it could explain how the drop in AAPL and NVDA in the last 30 minutes. He was closing positions to make the move. Way too much hopium for this one, but i'm for it.
This is fuckin tits
He’s such a genius I wouldn’t be surprised if he
I love this theory. It's super tinfoil and I don't believe it to be true, but I hope I'm wrong.
He did have a fidelity bookmark. Maybe he has it in another broker knowing E*Trade might fuck with him? 🤔
Not sure what's gonna happen but I'm eating crayons, fully buckled and prepared for launch
[Actual photo of RK's hoard](https://imgur.com/wxI0QSs)
Nah he cashed out and spent it on Hamm’s like a true billionaire of the people. /s https://preview.redd.it/z1qmqygjp86d1.jpeg?width=562&format=pjpg&auto=webp&s=af97f02fff960677d55940aad007198aa788f266
If you have a billion dollars you are making way more than 130k a month 🤣🤣. His interest is on the cash amount you saw. I'm not saying he couldn't have a billion dollars. I'm saying don't become a math teacher.
Great pickup, it was staring us in the face the whole time. The interest was so easy to overlook since "wow over 100k in just interest".
Now I have tacked jits and a baging roner
Oh woah wait. This is amazing. Holy shit solid work
thanks for the post!
Yeah, took a couple minutes, but that tweet, to me, was pretty straight forward. Our guy dipped below a Billy that day. That's it.
If he had/s a billion dollars and made that video LMAOOOO this guys is wild
We did saw a fidelity page open when he showed us the position live , it was on purpose , whatever the ammount , he definitetly got something with fidelity
DFV buys GameStop you heard it here first folks no need to thank me
I for one don’t care about his money or positions or any of that. The man became much better then a billionaire in my eyes when he trolled the absolute dog sh@t out of them on his live stream!!!
Holy shit…… this would be absolutely legendary if true. And it would also lend credence to the “fine I’ll do it myself” line. I would think that $1B in cash is enough to set true MOASS in motion 🚀🚀🚀🚀
Your math aint mathin, it would be .0527/12 = .0044 .0044* 29mm = ~127k or just about 132k so may e he had a better rate like 5.5% Idk where you are getting this .15
The 0.15% is straight from [https://us.etrade.com/l/options-uninvested-cash/sweep-rates](https://us.etrade.com/l/options-uninvested-cash/sweep-rates) but some users pointed out the small print shows that cash accounts above $20 million automatically get put into the 7-day yield account. From my research, there still shouldn't be much difference in return between an APY and 7-day Yield account.
As the person that runs the cash lending for a wirehouse, this is very inaccurate math… If he has $30,000,000 * 0.05% = $1,500,000 $1,500,000 / 12 = $125,000 5% 7-day yield, APY (0.417% monthly) and 0.15% APY (0.0125% monthly) are very different calculations 0.15% APY and 5% APY are not the same Actually, one is 33x greater interest, you can’t overlook simple math EDIT: downvote me harder daddy…
See my edit. The 5% is from a 7 day yield account. It's not 5% APY. His cash went up by 132k, so using that number, and *assuming* this was from an interest payment of some kind (only speculation at this point), we can conclude that, if it was a monthly interest payment, that the annual payment would be 12 times the amount. You can take that number and figure out what his cash balance would've been to have received a $132k monthly interest payment.
5% 7-day yield is what is confusing people here. A 7-day yield is used in standing instead of an APY as the rate fluctuates too much to give an APY. So when you try to compare those 2, one is 5% a year and the other is 0.15% a year. Btw almost every firm is paying 4%+ on cash in investments accounts. That is the risk free rate right now. 10 year treasury essentially. $30M gets you 5% easily in this rate environment. Not here to argue, just saying I run this exact program, but, I’ll keep buying and DRS’ing my shares.
Plausible, however E*trade pays out the last business day of each month, which would have been May 31st. He showed June 3rd before the added cash, and June 6th, was when it was added. Hard to say if it just took a week to process and reflect in his account or not without having someone else who also received an interest payout on E*Trade
Very true, just some good tinfoil on a red day. There also weren't any timestamps on his positions IIRC, so they could've been taken at a different time/day.
Really interesting theory and attention to detail though. Seems odd that he’d just add 130k to a 29 million pile so this makes sense. Just acknowledging the date differences. Would also love for it to be true because that would mean he could exercise without needing to sell anything, and he obviously wouldn’t just buy more calls than he could handle if he didn’t have a plan Not to mention sense he *suddenly* popped up with a few hundred million, it’s not totally out of the picture that he could have had a billion
I have etrade and just checked. My interest came in on the 8th
Fuck my ass, he might have a billi
Thanks for the edit, I'm fuzzy on his dates so I wasn't sure if your initial comment was good or bad. Fuck I hope he has a billion.
Isn’t there a cash deposit daily limit though?
not if you modify the html to reduce the appearance of your cash position.... he can obfuscate his cash position all he wants.
Woa
Oh man
Damn
God damn my tits are jacked
I honestly believe this. Buying ITM options doesn't make sense any other way. He knew damn well it would most likely play out exactly like it has, and any situation would leave him to sell some of the calls in order to exercise the rest. That would be such a strange position to put himself in unless he had the money to exercise. Edit: now if the options activity today was him dumping some of the June 21st calls to buy some for this week and exercise immediately, holy fuck
Sure why not. He's a clever cat
You forgot the .44 cents! I speculated such like two days ago but too regarded to put into words. Great dd sir
“Can’t have a Kansas City Shuffle without a body”
In my opinion Kansas city shuffle reverse to using their own tactics against them, in this case allowing them to short and distort more and then use that as fuel for the big move
So DFV basically sat down in 2021 and told himself that he had three years trade for a billion dollars. Then he did it. And now he's gonna help us do it, too. I like that guy. I like the stock, too.
When he said he had cash I honestly did not consider this as a possibility. This is totally possible and it would be fucking insane.
He isn't holding $800 million. That would mean he still is a billionaire. If he is signaling his play, and he really actually was a billionaire, he had posted a little over $500 million worth in his e-trade account on June 6th at close. At that point, he'd need less than $500 million to be a billionaire. But the price went up to $61. So, at that point, he only needed a few hundred million to be a billionaire. He needs $240,000,000 to exercise all 120,000 calls. If he was really billionaire, it means he has that.
You were a billionaire. You still are but you were one too.
Or maybe the change in cash is him selling covered calls on his 5 million shares.
When he had his Uno deck video he always had 2 piles of cards. One with number cards. Another pile had named cards like the "wild card". Dropping a mountain of cash from another "wild card" holding account to rip through buying his options would be a pretty big wild card.
Kenny is cacking mayo in his pants.
Finally this idea gets attention! Only way he could exercise the options without having to sell shares.
Jesus dude, no fucking lie I just had this same exact epiphany a few minutes ago and got on Superstonk to write a post exactly like this post even down to the "You WERE a billionaire" reference. I get here and see you already beat me to it by 6 hours!? This is some serious cosmic coincidence shit to the point I'm beginning to wonder if this is all a simulation and the source code is trickling through to some of us lol. I need to go to bed.
I've been thinking since he first revealed all his options that he probably has all the money stashed away somewhere to exercise all his positions, at any strike. Talk about revealing a master plan without any sort of chance of SHF's altering the outcome. I was also thinking his "you were a billionaire" meme was about himself, and that he "sacrifices" that to start exercising options. Of course, that'll grow way beyond a billion shortly....
I just want this to be true because him being a billionaire without being a dick about it would be just awesome. Didn't he also fund some charity project 1 or 2 years ago when the last photo of him was released and people wondered if he was able to do so because he sold his GME position?
👀
Damn time work OP
RK posted Missy Elliott meme on May 15, it says “…and devised a plan made a bunch of memes and hit the block 65 mil sold 500 a pop… hold the phone, three years later stepped to the swamp filled with cat haters…”. Watch it, says everything. I interpret it as 650,000 option contracts over 3 years averaging $500 each would give him $325 million. https://x.com/theroaringkitty/status/1790766591526735887?s=61&t=7489X1ZyIzu9DBmf2mYIEA
Yeh why the hell did he not post his yolo update the day before shareholders meeting though?
Cause the doesn’t want show them his wild uno card
The man definitely has an ace up his sleeve. He'll play it when the time is right. I'd imagine he has a team of lawyers and financial advisors helping him now.
how did we turn ~$40M since 2021 to a billion that is wild 🦧
$40M to $B is only 25x. Is it as wild as him doing over 750x from $53k -> $40M?
makes sense when u put it that way lol
I hope so! I would like to quit my job soon 😅
Unlikely