Recent comments in /f/wallstreetbets

Theta_Ome t1_jaeinia wrote

You really can’t, they call it a good faith violation and if you read the terms of service it’s grounds for terminating your account if it’s a regular occurrence. While you can technically enter a position if it’s a situation where you plan to deposit money, you could get away with it. But selling instead of depositing funds is a secondary violation. These are banking laws, not broker laws.

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BriantheGardener OP t1_jaeii5h wrote

Last two days up 11% and 6% respectively. Both days showed average volume: 24M on Monday and 19M today(10-day average daily volume is 23M, so it does not seem like the shorts have been covering, or at least not a lot of panicky volume. Short volume is around 50% of float. I would think we would have to see 35M plus in volume per day to indicate any substantial short covering, so these increases may just be bargain hunters after the target price doubling upgrade by CitiGroup to $11/share. I'm holding my calls until I see some significant volume over 35M. What do others think here? Thoughts?

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Zero2Hero2MarginCall t1_jaei6v2 wrote

The E-mini contracts (/ES) requires a $14,575.00 maintenance requirement per contract.

The Micro E-mini Contracts (/MES) requires a $1,457.50 maintenance requirement per contract.

Trading 1 MES contract is pointless as it's 1/10 of an E-mini /ES contract. A 100 point move in the ES would only make you $500 as the qty. x Tick for the /MES is only $1.25.

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Matthew-Hodge t1_jaehzt5 wrote

I agree with cyan. But a severe correction may spur additional selling and panic.

3750 mid March-3600 may.

It matches my puts as well. Well done. Let's watch this play out.

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