New movie that explains the market and what happened during the GameStop squeeze.

$15 to buy the movie on Amazon? That's 3 months of Robinhood Gold, brah. Come on now.

Its all a smoke screen to hide their tracks. Apes were the gasoline on the kindling fire. The other hedge funds saw blood in the water and started swiping OTM short dated calls forcing option dealers to hedge their short calls by buying the underlying. It was setup to squeeze intentionally.(see NVDA today)

If you go back in time you'd see them soaking the float (locking up supply) and see major OTM call buying way out months in advance. This built up the big open interest which acts as a magnet if forced to hedge. Then they went to reddit to fan the flames.

Retail buys cheapy otm lotto's which make hedging very difficult for the dealers. So stay hedged when you sell a call, you by the underlying based on delta exposure, this makes price go up, makes delta higher and feedback loop begins. There's also a major CFD market offshore and those dealers who were short the CFD had to buy as well. Retail made it go mainstream but their capital was maybe less than 5% if I had to guess. I day trade option hedging flows, sell options and have built gamma squeeze models. GME AMC BBBY TSLA etc all followed the same setup, they built it months in advance. Big boys use options to move the price where they want it.

Including this guy?

https://twitter.com/pulte/status/1661867963375337472?amp;t=W2Kenm0YpChw03TgaoEy6g

Apes continue to buy. Some scrape together lose change, others auto buy from their pay checks, others pour the money they make from selling their business, home or extra car.

It is a movement and we are holding (hodling) for the long game. You might kick yourself in a few years, if you don't grab some while it is cheap.... but, that isn't financial advice. :-)