E327 Roaring Kitty's Kansas City Shuffle - Let's Go GameStop GME!

Summary

The video discusses the extreme volatility of GameStop's stock, cautioning viewers about the unpredictable market. The speaker hypothesizes that 'Roaring Kitty' may be executing a strategic move, shifting his large options positions closer to expiration, potentially setting up for a significant market event. The video speculates on the possibility of a 'Kansas City Shuffle', where market makers might be caught off guard by rapid hedging needs due to a catalyst event, possibly driven by fails to deliver or company announcements. The speaker also considers the broader implications of GameStop becoming a media favorite and the impact on short interest.

Takeaways

• 📈 The speaker discusses the extreme volatility of GameStop's stock price, noting significant fluctuations from $80 to $18 and back up to $67, causing a 'wild ride' for investors.
• 🚨 The video is prefaced with a disclaimer that the content is not financial advice, but rather the speaker's interpretation and excitement about the current situation involving GameStop.
• 🔍 The speaker suggests that the reported short position in GameStop may not represent the full extent, hinting at a potentially large naked short position that is not visible to the public.
• 📊 There is a focus on the RSI (Relative Strength Index) moving quickly from oversold to overbought territory, which the speaker finds concerning due to the lack of immediate positive catalysts on the horizon.
• 🧐 The speaker speculates about the actions of a known investor, 'Roaring Kitty', suggesting that he may have sold off calls to take profits and possibly repositioned for a more immediate opportunity.
• 🤔 The concept of a 'Kansas City Shuffle' is introduced, implying a deceptive maneuver where the investor might be shifting his position in a way that is not immediately apparent to the market.
• 📈 The speaker identifies significant volume in the options market for near-term expiration dates, suggesting a strategic move to bring the position forward and potentially force a rapid hedge by market makers.
• 💡 The idea of needing a catalyst event, such as fails to deliver or insider buying, is proposed to trigger a rapid increase in the stock price and put the newly acquired call options in the money.
• 🎉 The speaker is excited about the potential for a significant market event, which they believe could be orchestrated by 'Roaring Kitty' and result in substantial gains for those holding the right positions.
• 📉 There is mention of a shift in media sentiment towards GameStop, with some outlets upgrading their outlook and speculating about the company's future potential under new leadership.
• 💸 The speaker also touches on the possibility of 'Roaring Kitty' having a substantial amount of cash, which could be used to make further market moves and influence the stock price.

Q & A

What is the main topic discussed in the video script?

The main topic discussed in the video script is the volatility and potential strategies surrounding the stock of GameStop, particularly focusing on the actions of a figure known as 'Roaring Kitty' and the concept of the 'Kansas City Shuffle'.

What is the 'Kansas City Shuffle' mentioned in the script?

The 'Kansas City Shuffle' is a term used in the script to describe a strategic move in trading, where a trader might sell off a significant number of options and then quickly move into other positions, potentially to capitalize on market volatility or upcoming events.

What does the speaker believe is happening with the GameStop stock?

The speaker believes that there is a significant amount of market manipulation and strategic trading happening with GameStop stock, with a particular focus on the actions of 'Roaring Kitty' and the potential for a large-scale trading maneuver.

What is the significance of the RSI indicator mentioned in the script?

The RSI (Relative Strength Index) is a technical indicator used to analyze overbought or oversold conditions of a stock. In the script, the speaker notes the RSI's quick movement as a sign of potential market volatility or an upcoming price change for GameStop.

What is the role of 'fails to deliver' in the context of the script?

In the script, 'fails to deliver' refers to a situation where the shares sold short are not borrowed or delivered in time to complete the transaction, which can lead to increased volatility and potential opportunities for traders.

What is the potential impact of 'insiders buying' mentioned in the script?

The potential impact of 'insiders buying' is that it could signal confidence in the company's future and potentially drive up the stock price, creating a positive feedback loop for investors and traders.

What does the speaker mean by 'market makers not dynamically hedging very well'?

The speaker suggests that market makers, who facilitate trades by providing liquidity, may not be effectively managing their risk through dynamic hedging, which could lead to opportunities for traders who are more adept at such strategies.

What is the significance of the 'YOLO' updates mentioned by the speaker?

The 'YOLO' updates refer to a public disclosure of a trader's position, in this case, presumably by 'Roaring Kitty'. The updates are significant as they provide insight into the trader's strategy and potential market impact.

What is the potential significance of the increase in open interest for near-term options?

An increase in open interest for near-term options, as discussed in the script, could indicate a significant number of new contracts being traded, potentially signaling a large-scale market move or event that traders are anticipating.

What is the speaker's view on the media's role in the GameStop situation?

The speaker suggests that the media may be contributing to the narrative by focusing on certain aspects, such as the actions of 'Roaring Kitty', and potentially influencing public perception and market sentiment.

What is the potential outcome the speaker anticipates if the 'Kansas City Shuffle' strategy is executed successfully?

The speaker anticipates that if the 'Kansas City Shuffle' strategy is executed successfully, it could lead to a significant increase in the stock price of GameStop, as the market makers scramble to hedge their positions, potentially leading to a 'gamma squeeze'.

Outlines

00:00

📈 GameStop's Volatility and Strategy Analysis

The speaker begins by addressing the extreme volatility of GameStop's stock, noting the emotional impact on investors. They caution viewers about the unpredictable nature of the stock's performance, having seen prices fluctuate wildly from $80 to $18 and back up to $67 within a short period. The speaker then outlines their intention to present a bullish case for GameStop, while reminding viewers that the content is not financial advice but rather their interpretation of the situation. They also mention a survey with a significant response rate, which they believe could help theorize the size of the naked short position in GameStop, a key factor in understanding the stock's dynamics.

05:00

🧐 Roaring Kitty's Options Play and Market Makers' Reaction

This paragraph delves into the potential strategies of a prominent investor known as Roaring Kitty, who is speculated to have sold call options and then used the cash to buy more aggressive, short-dated calls. The speaker hypothesizes that Roaring Kitty might be employing a 'Kansas City Shuffle', a deceptive maneuver, to move his position in options closer to the expiration date, thereby forcing market makers to hedge rapidly and potentially driving up the stock price. The speaker also discusses the unusual media focus on options activity and the significant volume in certain strike prices, suggesting a coordinated effort that could lead to a gamma squeeze.

10:01

🎲 The Anticipated Catalyst and Market Makers' Challenge

The speaker speculates on the potential catalysts that could trigger a rapid increase in GameStop's stock price, such as fails to deliver or insider buying. They predict that if Roaring Kitty has indeed moved a significant portion of his options to a closer expiration date, market makers may be forced to hedge en masse, which could further drive up the stock price. The speaker also discusses the stealth nature of Roaring Kitty's position, which won't be visible until the next day's open interest update, and the potential for a large-scale market reaction once this becomes apparent.

15:02

🕵️‍♂️ Roaring Kitty's Cash Movements and Theoretical Wealth

The speaker explores the possibility that Roaring Kitty may have moved a large sum of cash into his account, potentially representing a significant yield from an earlier investment. They discuss the implications of this cash influx and how it could be used to further influence GameStop's stock price. Additionally, the speaker examines Roaring Kitty's tweets, which hint at a major strategic move, possibly involving the use of this cash to execute a 'masterpiece' trade that could significantly impact the stock's trajectory.

20:02

🚀 GameStop's Shifting Narrative and Potential Future Moves

In the final paragraph, the speaker discusses the changing narrative around GameStop, with the stock potentially becoming a media favorite and short interest declining. They mention Citron Research's decision to cover their short position and the possibility of Roaring Kitty executing a major trade that could send GameStop's stock price soaring. The speaker invites viewers to consider the likelihood of the 'Kansas City Shuffle' and to watch for a potential catalyst that could trigger another significant rise in the stock's value.

Keywords

💡GameStop

GameStop is a retail company that has been at the center of a trading frenzy, particularly among retail investors. In the video, the speaker discusses the stock's volatility and the various price points it has reached, such as $80, $18, and $46, indicating the wild ride the stock has taken investors on. The company's stock symbol is GME and it has become a symbol of the battle between retail investors and short-selling hedge funds.

💡Volatility

Volatility refers to the degree of variation of a trading price series over time. In the context of the video, it is used to describe the rapid and significant price fluctuations of GameStop's stock, which have been unprecedented for many investors, causing both excitement and exhaustion among those participating in the trading.

💡Naked Short Position

A naked short position is a short sale of a stock that the seller does not own or have the right to sell at the time of the trade. In the video, the speaker discusses trying to estimate the size of the naked short position in GameStop, which is part of the speculation and analysis of the stock's trading dynamics.

💡RSI (Relative Strength Index)

The RSI is a momentum oscillator that measures the speed and change of price movements. In the script, the speaker mentions the RSI moving quickly from oversold to overbought territory, indicating that the stock was experiencing a rapid increase in price that could potentially be unsustainable.

💡Fails to Deliver

Fails to deliver occur when a party fails to deliver the securities or cash needed to settle a transaction. In the video, the speaker anticipates potential fails to deliver as a catalyst for further stock price movement, suggesting that these events could contribute to the stock's volatility.

💡Options Flow

Options flow refers to the trading activity in options contracts. The speaker mentions the media discussing options flow related to GameStop, which is unusual and suggests significant activity in the options market that could impact the stock's price.

💡Kansas City Shuffle

The Kansas City Shuffle is a concept mentioned by the speaker, referring to a deceptive act or strategy, often used in trading to disguise one's intentions. In the context of the video, it is suggested that a significant trader, Roaring Kitty, may be using this strategy to manipulate his position in GameStop's stock options.

💡Gamma Ramp

Gamma ramp refers to a rapid increase in the gamma of an options position, which can occur when the underlying stock price moves significantly. In the video, the speaker speculates that a gamma ramp could be triggered by certain events, causing the market makers to quickly hedge their positions and potentially driving up the stock price.

💡Market Maker

A market maker is a firm or individual that stands ready to buy and sell securities on a regular and continuous basis at a publicly quoted price. In the script, the speaker discusses how market makers may not be dynamically hedging their positions well, which could lead to rapid price movements if they are forced to hedge in a short time frame.

💡Catalyst

A catalyst in finance is an event or piece of news that can cause a change in market conditions or a security's price. The speaker in the video anticipates a catalyst event that could trigger a significant price movement in GameStop's stock, such as an announcement from the company or insider buying.

💡YOLO (You Only Live Once)

YOLO is a slang term that has been adopted in investing to describe a highly speculative and risky trade, often with a large potential payoff. In the video, the speaker refers to Roaring Kitty's trading strategy as 'YOLO', suggesting it is a bold and potentially high-reward move.

Highlights

GameStop's stock has experienced extreme volatility, with prices ranging from $18 to $80 within a short period.

The speaker warns of the potential exhaustion investors may feel due to the stock's wild fluctuations.

The video aims to present a bullish case for GameStop, with a caution that it's not financial advice.

A survey with over 400 responses in one day suggests significant community interest in GameStop's stock.

The speaker theorizes about the naked short position in GameStop, suggesting it may be larger than reported.

RSI indicators show a quick rebound from oversold to overbought conditions, raising concerns about a potential price peak.

Roaring Kitty's chart analysis suggests a strategic move in options trading, possibly indicating a shift in position.

The concept of a Kansas City Shuffle is introduced as a potential strategy for moving shares or rolling them to a later expiry.

A significant increase in volume for near-term options, especially for strikes 25 to 40, suggests an aggressive move by a major player.

The need for a catalyst to push the options into the money is discussed, with potential events including fails to deliver or insider buying.

The speaker anticipates a combination of events that could lead to a rapid increase in GameStop's stock price.

The possibility of Roaring Kitty executing a large-scale options trade is considered, potentially influencing the stock's trajectory.

The speaker speculates about Roaring Kitty's financial maneuvers, including the potential movement of large cash amounts.

Tweets from Roaring Kitty are analyzed for clues about his strategy and potential market-moving announcements.

The media's changing perception of GameStop and the declining short interest are noted as positive signs for the stock.

Citron Research's decision to close its short position on GameStop is highlighted as a significant market development.

The potential for GameStop to become a media darling and the implications for its stock price are discussed.

The speaker concludes by inviting viewers to share their thoughts on the presented theory and its potential impact on GameStop's stock.

Transcripts

good evening everybody so in this video

I'm going to talk about some stuff and I

want to start off by saying I often

caution people you know GameStop is a

wild ride in the last couple of weeks

we've had had we have had just so much

volatility for people you know going

through this for maybe their first time

or even people that have been this for a

long time this amount of volatility is

pretty much new to people we've gone up

to 80 we've gone back down to 18 we've

taken a ride up to 46 taken a ride back

down to the 255 range and then back up

to what like 67 all the way back down to

23 we just did a big 25% or so pump uh

yesterday and then into this morning and

then it's now dumped back down to $25 or

$26 and for some people that leaves them

feeling exhausted and I can totally

imagine that's the case so I'm going to

present a case for you guys and I want

you to just um you know caution

yourselves because when I start to get

really bullish I can get ahead of myself

I can make a lot of claims and get

really excited and that's that's going

to totally happen in this video there's

so much going on right now with the

situation and I think I'm seeing what's

happening with it and I'm just really

really excited so I want to convey that

story to you guys but also at the

beginning make sure I mention you know

this is not Financial advice I'm trying

to tell a story as I see it connect the

different various factors going on here

and just um to figure it out as I go so

do with all this information what you

will we'll see what happens over the

next 2 or 4 days based on what what I've

kind of like got theorizing here so with

that let's talk about really quick um do

the survey if you can it'd be awesome uh

it's at400 or so responses which is huge

in one day so that beats all of our

other ones except for this one which all

these took a while to get to a lot of

responses so that's great for one day

I'll leave it in the description idea is

basically really straightforward from

the DRS numbers we should be able to

theorize the non DRS numbers therefore

we can get a sense for how big the naked

short position is because we only see

the reported short position and we know

that that's probably not the full extent

of the position so let's get into the

facts of the day right the first thing I

noticed this morning was that RSI had

quickly moved from a bottom back here

complet after completing the share

offering and immediately rebounding to

oversold or sorry overbought from

oversold very very quickly so I was a

little bit worried about that because on

the chart we didn't have anything that I

was really looking forward to in the

near term except for some fails to

deliver coming in tomorrow during the

shareholder meeting potential cattle

there maybe insiders buying and then

more fails leading into Friday and

Monday so I was like okay this this is

interesting because we've got a

potential here to hit a little baby top

and maybe come back a little bit uh and

what happened instead was I was

something I was not expecting but this

is rowing Kitty's charts right and we

know that he's very very good at finding

these lows and then um like right here

aggressively moving into them with calls

so hypothetically could he have been

tracking the same thing see an

opportunity here hey I could sell off a

whole bunch of these calls and make

money and we've seen him do exactly that

in the past so looking back through his

trades from Years Gone by you can see he

didn't just ride one position all the

way to ex uh expiry he would take a

position break it up and move some even

closer term you know because you can

take some gains here these are now

cheaper for the premiums it's hard for

people to really think about premiums

but off of this little move you know in

the just intra week here he actually

gained value on his position on a bunch

of those calls you know not relative to

back here say but he was able to take

some gains and then did he at the end of

the day throw them into short-dated

calls for Friday and um so I was like

well if we think about the idea of a

Kansas City Shuffle I was like well what

would a Kansas City Shuffle really be it

would be an offensive play right so

taking shares off the table or rolling

them to a later expiry or anything like

that would be a defensive maneuver and I

couldn't see him doing that it just

didn't really fit with the narrative

he's telling on Twitter um so I was like

okay how could he move his position

offensively so what I looked for on the

options chain was I said well let's look

at our chain here and look at first the

um his position which is going to be the

20 strike on the 21st as we know

enormous open interest right here so so

he's got 120 or he had this morning

maybe or yesterday 120,000 of these and

we can see all of a sudden the media is

blowing up talking about options flow

have we ever heard them talk about

options flow ever in the financial media

related to GameStop in this kind of

narrative or this kind of like Detail no

right they could have talked about

options flow back in early uh or late

April early May when we saw all of this

options activity and I didn't even

notice it other people did

we could have seen uh a lot of talk on

the financial media about this options

activity tremendous um in late may I

don't know that they were talking about

that so all of a sudden they're talking

about options they're saying roran Kitty

probably sold his calls here and I

immediately thought you know what he

probably did they're up in value from

where he bought them he's going to net a

couple like some millions of dollars

he's going to have just a ton now a ton

of cash on top of his 29 million what

would he do with it right would go later

would you go out to say July and hope to

go into like the July Opex tail one well

that's not a guarantee right would he

try to like roll into one of these fail

fail to deliver Cycles well these aren't

going to be explosive explosive enough

he needs something that's going to be

really explosive and push all of his

calls into the money that's what he's

looking for so I was thinking well does

he push it out to maybe August and there

is a lot of activity happening on the

August uh options here let's go look at

those just for a second see see if

there's a lot of volume for today you

can see you know some volume but that's

not that's not a roaring Kitty volume

that's not a signal by roaring Kitty so

I said okay let's look at the new term

let's look at this Friday what happened

and I'm looking through the volume

looking through the volume and it's like

okay now we're talking about some volume

volume nearly exceeding the number of

calls that are or yeah that are uh on

the open interest and what's really

important is this won't update until

tomorrow so I'm going to make sure to

take a

screenshot of these calls in particular

we're looking at probably the 25s they

were out of the money at one point

during the day but look at for example

the 28s more volume than exists for open

interest again the 29s the 30s

tremendous volume on the 30s and then I

believe the 35s as well um yeah here

they are tremendous value on the 35s so

I thought to myself wow if he did this

inside one trading day he saw a little

Peak action here on price and RSI he

said this is the chance drop a bunch of

these calls he doesn't have to drop the

whole position like we saw him do back

in the day just drop half of it right

and then roll that not down the road but

bring it closer what would that do why

would it be so offensive well number one

he's going to have so many more

contracts right these are near dat so we

could see open interest just catapult

tomorrow we won't see it until the

morning which is really interesting they

update the volume live on options but

you don't see the open interest change

until the next day so it's basically um

his position is stealth right now and if

you think about the idea of the

um the um Kansas City Shuffle you know

or The Magicians trick that he also

mentions in the uh in the tweets so

right now we see open interest is

exploding like I've been mentioning for

this Friday if this launches like

another 20 or 30 million shares tomorrow

at um Market open or at 7:00 or whatever

when we see this update that would be

phenomenal so he would have moved a

significant chunk of his interest from

uh Friday a week from now or next Friday

to this Friday and why would he do that

right because we know he needs a

catalyst he's looking for something to

launch uh all those 25s 30s and 35s I

think that's where it runs out let me

look really quick here's our

35s

yeah o in the' 40s too lot of activity

on the' 40s all right so he needs

something to launch this up there put

them in the money to start the gamma

ramp what's really important is we've

seen now over the past 5 weeks the

behaviors of the market makers on these

um calls is that they don't start to

hedge until maybe a little bit Tuesday

then Wednesday Thursday Friday right so

he's going to bring that that basically

um position massively

closer than it was was this morning he's

just accelerated it by 5 days giving

them very little time to hedge and we

know that they don't dynamically hedge

very well so we're going to see very

quick Dynamic hedging especially if

there's a catalyst to push them all the

money like some fails to deliver or po

possibly insiders buying or possibly

some form of announcement from the

company and I'm sort of anticipating a

combination of all those events so this

is to me extraordinarily exciting this

would

be I don't know he he says it himself

this would be where's his tweet here um

he he calls it I think this just might

be my masterpiece right I would agree if

he took those calls half of that stack

of calls and then just brought them

forward they're they're more powerful

now like in current time like granted

the Theta is way less but if he can get

them in the money and exercise them in

two days that's legitimately in like

incredible so um I think this I think it

kind of like fits all the fact pattern

you guys you guys tell me what you think

we're seeing incredible volume just to

reiterate on the um on the 20 strikes

when price hit a peak here at

3350 and then when it hit a low at the

end of the day we saw a huge amount of

volume on short dat calls for 2 days

from now at the 20s 25s 30s 35s and 40s

so he basically picked up maybe twice as

many calls in the immediate term and

those are all going to be have to be

massively hedged and we have potential C

Catalyst happening tomorrow um

throughout the day um amazing right so

other people have obviously said the

same thing you know we are potentially

in the middle of the of the trick from

the Tweet here I believe this is the

prestige or something I don't know I

haven't seen it um people probably take

offense that I don't watch movies but um

you know it's the magician trick the

position

disappears they don't have to show the

position on paper until the morning and

what's that position going to look like

and will he do a YOLO update tonight or

tomorrow we'll see um so this person

right here is basically saying exactly

what I said so then I saw this I was

like super excited I was like yeah

that's what he did so he could have had

less $20 options for the 21st picked up

the 25s 30s um I would say even the 35s

and 40s and they're saying here at a

ratio of 8 to1 that's crazy so um we

will see what happens we currently have

like the amount of open interest here

you guys is absurd we've got 12 shares

120 million shares worth of calls in the

immediate term like most of them being

just in the next two weeks and if he

shifts a bunch of them to

tomorrow and they all go in the money

that's crazy because there's not even

that many like in the Far Far dated like

they're basically all just getting

scrunched up to the immediate like right

now and if you're the market maker and

you just dumped all your hedge yesterday

and people just bought it all and then

it's leveled off in the after hours then

all of a sudden you got to go out and

hedge in two days

all this oh man so um yeah this is me

doing some research um so they will um

you know update the volume in real time

but then the oi will get updated in the

morning so we'll see if this is the case

so I'm going to take a screenshot of

this and I'm going to make sure I don't

forget right now so this is for tomorrow

and we're looking specifically at a

couple of strikes here so I'm really

interested in the 25s where there was

huge volume looking at the um maybe even

28s that's a lot of volume looking at

the 30s we're looking at the 35s let's

just take a screenshot of the whole

thing here so we're going to take a

screenshot of oh my goodness it's so

small that'll be fine though so we'll

take a screenshot here of all

this perfect all right so we've got that

for tomorrow do a little comparison

probably first thing in the morning see

what it looks like and we'll see what

happens with the 20 strikes which are

all right here so again tremendous

volume the media is calling it out

everyone's super excited about he sold

he uh abandoned retail the sky is

falling no I think he just pulled the

biggest Gambit ever of all time this is

probably the Kansas City Shuffle you

guys this is crazy so um another thing

to be talking about here it's been very

curious how let me pull up his

um his account here so we've got his

YOLO updates right and you're going

through them from when he first revealed

his position this was

in on June 2nd he Reveals His position

and and you can see here his cash is

29.2 or 29 m276 th000 and then I believe

it's the same thing on the third and

then for some reason on the fourth

everyone noticed how come it went up by

$100,000 well you know people said oh

it's probably just um the yield on his

money market well this person is saying

yeah it is it it is the yield that's

when it would basically land it' be on

um like end a month and then settle

after a few days so you typically see

something like this in your Fidelity

account or whatever but what this person

saying is this is it doesn't pay a yield

that big though on an eade account if

you have over $1 million it only yields

like

0.15% so potentially he had a lot of

cash in that account at one point in

April and he could have moved that cash

somewhere else like very easily if he's

been playing this thing for a while and

he's figured out that you just buy a

bunch of calls into an opx tailwind and

flip it into like hundreds of millions

of dollars he could have a billion

dollars in cash and on his video you

know on the live stream he specifically

said cash is in a position right because

he was disclosing his positions on

GameStop and he was basically doing like

a filing like you do with the SEC

disclosing what he's got right um so

could he potentially have cash and that

represents his yield for um you know

most of the month of April and then he

moved the the cash out to another

account and then hypothetically he like

moved the cash into his account maybe

earlier this week after his um his YOLO

update on on where is it I just lost it

um I closed it but um on Monday I

believe he did his yellow update he

could have had that billion dollars or

what some large amount of cash hit his

account this week and what could he do

with that cash that would be the

prestige right that would be the

magician trick that would be the Kansas

City Shuffle that would be all the

things that he's kind of

telegraphed so um to kind of also

support this Theory I want to go to his

tweets here which I've got a little bit

more time to dig into today uh so we had

gone through the first one I think the

first batch basically tells the story of

him leaving you know him coming back

doing the doing the May launch using his

April calls that he bought in late April

um off of that Opex Tailwind basically

saying I can't say anything but yeah I

did it I press the trigger um he's

looking at his account he's like yeah we

did it and then the second batch of

tweets is basically there's the share

offering um there's a lot of scrutiny on

Roaring Kitty people are asking like

what are you up to what are you doing

he's saying you got a party with me um

he announces that he's going to do his

live stream and then um the uh share

offering happens and he basically then

says the guy asks um is that the Kansas

City Shuffle he's like no that was just

the um like like uh like Trigger or

inciting event so all the stuff that

we've seen all this is is just the

Prelude of what's to come the Kansas

City Chef would be taking his position

shifting it from 2 weeks out moving it

forward and maybe like axing it or more

just having this enormous position that

they all of a sudden are super terrified

of have not hedged at all can't hedge

because they don't have all these shares

that they should have been buying all

this time they just sold them all un

hedging and then there's some kind of

trigger that happens some kind of

catalyst tomorrow on Thursday during the

market before the market or after the

market he's already got the call secured

and they're invisible this

is I'm so bullish it like scares me

right now so basically what you would

see is the the next group of them makes

a ton of sense now basically his

position's Ultra red you know everyone's

basically starting to say like um we're

going to blame roring Kitty for all this

um The Joker emerges he becomes the

villain um and then all of a sudden

there's the one where the um the

GameStop sign is down you know GameStop

is red everyone's basically blaming him

but he's saying don't worry guys hold on

hold pattern right flips the sign to

GameStop being up and then this would be

when it was the magician um doing

something extraordinary the calls vanish

and then they reappear He's Back in the

Saddle Again is how that one ends and

then you got Lynsay lowan walking and

GameStops Jack to the tits or something

like that so and then the next one

obviously is Braveheart Mel Gibson

screaming GameStop so like I just can't

help but think you guys like you guys

can look at the Roaring Kitty um thing

but you can just click here to pull up

the YouTube video which has them all in

order I'd recommend just watching them

all the way through and just tell me

what you think specifically about when

it gets to the born one all the way

through the Braveheart one and tell me

what you think about the theory here um

and then maybe I'll dig in a little bit

more to this but check this all out

watch the tweets I feel like man is it

on the nose like the media is trying to

blame him right now uh everyone's saying

like you know and where did he get all

the money you know uh it's just perfect

and if he wrote all these memes ahead of

time and kind of like like had a plan

here um yeah but I mean he could have

practiced on a lot of these Cycles too

so um just kind of unbelievable and then

obviously there's the news that happened

just since the video I put out this

morning about the survey you know we got

Citron supposedly folding like Melvin

Capital did and they did um so they get

to fold again uh three and a half years

ago uh now the media are kind of like

seeing GameStop as this potential

darling Zach's always been I think

pretty fair to GameStop I believe so

they're saying it's you know upgraded to

a buy you see Jim Kramer saying he's now

a redditor he loves GameStop he loves

that um Ryan Cohen's got all this money

to work with GameStop can do all kinds

of amazing GameStop things I just want

to point out for the money Theory

2 you know this tweet is pretty perfect

because you know maybe is like you were

a billionaire um maybe he had a billion

in this other account right he just

moves it over boom buys even more calls

just goes Ultra duper YOLO and

everyone's just like what just happened

here right we thought this was like a

normal play and this guy just went to

the like over 9,000 but um we'll see on

all that I think that's a bit of a

stretch like having a billion dollars

and just basing it off of that um

$100,000 or so showing up but if the

yield is really that small on an E Trade

account then I don't know how that would

make sense any other way so last thing

to talk about really quick of course is

you know we're potentially seeing

Gamestop start to shift into being a

media darling and we're seeing that um

the um shorts seem to be exiting we have

short interest declining dramatically

today citon you know publicly announced

they're not short on it but they said

they're willing to short it again I

don't know what they're thinking but uh

you know they just cite everyone as

being IR rational but they need to watch

the channel you know they're just not

doing enough uh due diligence here I

feel like so with that you guys tell me

what you think is that what roaring

Kitty did is that the Kansas City

Shuffle can we expect to see open

interest tomorrow drop off a bit here on

the 21st and balloon up dramatically on

the 14th especially the 25s through the

40s and if so we would be looking for

some kind of catalyst event over the

next day or two to put all those quickly

in the money uh and then we go to the

Moon again we've been to the moon so

many times and I think people are

getting really really tired but um if it

happens again wouldn't that be just the

funnest thing ever so I'll leave the

video there you guys let me know what

you think hopefully I didn't hype people

up too much I try not to so uh not

Financial advice make good decisions and

I'll see you guys tomorrow