Some quick observations from today’s @FSCDems second hearing on GameStop (with thanks to Chair @RepMaxineWaters for the opportunity to testify):

Many open questions remain — and policy makers should work to ensure there aren’t data gaps as they investigate.

(THREAD)

/1

We need to know more about what the volume of over-the-counter options traded in $GME was in the period of highest volatility. How much GameStop were the Wall Street titans trading? https://t.co/tD2jvMMUCs
In the hearing, many Republicans implied in that ending payment for order flow (PFOF) would end zero commissions. But as I mentioned in my written testimony, there are brokerages like @public who ended PFOF but still offer commission free stock trades. /3
https://t.co/dAaqinMuaR
- Republicans seemed to trust the @SEC_News to investigate many things, like best execution. So I hope they support a well-funded SEC!

- We don’t know what amount of stock hedge funds are shorting, Bc it is not disclosed on the Form 13F /4
One quick win would be for @SecYellen to re-start the Hedge Fund working group at the Financial Stability Oversight Council. /5 https://t.co/6jILdug9sR
If confirmed, Gary Gensler and the SEC should consider prohibiting forced arbitration clauses and class action bans, so investors have a choice of venue when they are victims of wrongdoing. /6 https://t.co/rgr5HLlEYc

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MASTER THREAD on Short Strangles.

Curated the best tweets from the best traders who are exceptional at managing strangles.

• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria

How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr

• When to sell
• How to do Adjustments
• Exit


Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in


1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr

• Sold Strangles 20% cap used
• Added 20% cap more when in profit
• Booked profitable leg and rolled up
• Kept rolling up profitable leg
• Booked loss in calls
• Sold only


2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.

• Identified a reversal and sold puts

• Puts decayed a lot

• When achieved 2% profit through puts then sold

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Following @BAUDEGS I have experienced hateful and propagandist tweets time after time. I have been shocked that an academic community would be so reckless with their publications. So I did some research.
The question is:
Is this an official account for Bahcesehir Uni (Bau)?


Bahcesehir Uni, BAU has an official website
https://t.co/ztzX6uj34V which links to their social media, leading to their Twitter account @Bahcesehir

BAU’s official Twitter account


BAU has many departments, which all have separate accounts. Nowhere among them did I find @BAUDEGS
@BAUOrganization @ApplyBAU @adayBAU @BAUAlumniCenter @bahcesehirfbe @baufens @CyprusBau @bauiisbf @bauglobal @bahcesehirebe @BAUintBatumi @BAUiletisim @BAUSaglik @bauebf @TIPBAU

Nowhere among them was @BAUDEGS to find