Wallstreet Bets Busts Wallstreet? WTF ^%$# with Cem Karsan and Kris Sidial

If you’ve been on the internet, watched TV, or talked to anyone outside of yourself in the past week and a half you can’t have missed it. GameStop stock ($GME) went from trading at a low of $3/share to +$400/share thanks to a masterful subreddit trolling from retail traders. And it’s not stopping at just GameStop, shares from Blackberry ($BB), AMC ($AMC), Express ($EXP) and Nokia ($NOK) are quickly following suit – and its leaking over into S&P futures and options. So how does this happen, why is it busting the billionaires, and how does it end? We’re joined by The Derivative veterans Cem Karsan and Kris Sidial to get the low down on all this and more in our newest WTF ^%$# installment, coving all things r/wsb, GME, gamma hedging, short squeezing, rates, AI, and even inequality.


Chapters:
00:00-01:30 = Intro
01:31-15:51 = GAMMA, Risk, Flows & Squeezes
15:52-29:00 =Leverage cuts both ways
29:01-36:10 = How Does This End? More Sex?
36:11-53:29 = BIGGER, FASTER, BETTER
53:30-01:05:25 = Passive, Inequality, and Rates
01:05:26-01:13:21 = Final Thoughts

Get more information on the funds at Ambrus Group here and at Aegea Capital here.

Follow Kris (@Ksidiii) and Cem (@jam_croissant) on Twitter to keep up with all of this and much, much more.

Check out our other WTF^%$# episodes here: No President Yet, So Market Rallies Huge What ^%$#?, Market Up/Vol Up, Market Down/Vol Down…WTF Episode, $TVIX gets Terminated – What^%$#, Crude Oil goes Negative… What^%$#.
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