GameStop looking for people ‘obsessed with SI’ according to Ryan Cohen. $GME 🚨

It's on the website. $GME xitter.cf/i/broadcasts/1OxwbnrEO…

A large 600,000 share block of $GME just fired off on the Chicago Exchange for $15.28M. These typically pair with institutional options trades on the GME2 chain.

According to my interpretation of $GME's insider blackout periods, GameStop's fiscal Q3 ends Saturday, Oct 31. which would mean.. The policy starts the blackout seven days before quarter end, so Oct 24. Today, Oct 23, should still be inside the open window. However, that's not confirmed and rather ambiguous. The blackout runs until one business day after Q3 earnings are released (roughly six weeks).

An abnormally large $GME trade just hit the dark pool for 1,677,000 shares worth an estimated $42,420,000.

Hedge funds just had one of their worst days since Covid. According to Goldman Sachs, which tracks hedge fund performance across its client accounts, all three main types of stock hedge funds lost more than 1% on Thursday. That hasn't happened on the same day since the pandemic.

All this 1DTE put selling from the Boston Options Exchange (XBOX) is really something I don't see often. Selling puts is a bullish-delta position, not bearish. That's about 1,334 contracts and roughly $881K of premium. The delta-adjusted total is about 99,000 shares of long exposure. Interesting. $GME

Large $GME dark pool activity after hours.

Power hour. $GME xitter.cf/i/broadcasts/1PKqrNOwQ…

Hedge funds' bearish bets are near a five-year high, according to Goldman Sachs prime brokerage data reported today. Short sales outpaced long purchases about 5 to 1 across global equities, and short leverage on Goldman's books sits at the 99th percentile of the past five years.

Oak Thistle LLC adds 83,204 shares of GameStop Corp. in latest 13F, bringing its total to 120,623 worth an estimated $2,973,357.

GameStop Warrants are showing a 538% borrow fee in after hours. The derivative product has seven trading days left before expiry. $GME.WS

Interesting tidbit here from the NYSE proposing new rules for breaking erroneous trades in overnight trading. In a filing the SEC published Tuesday, the exchange proposed changes to Rule 7.10, which covers clearly erroneous executions. The proposal spells out when trades can be reviewed if LULD price bands are missing or wrong, during both regular hours and overnight protected hours. It also updates how multi-stock events are handled, drops references to multi-day events, and adds a cross-market coordination provision.