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thus t1_je7l0jo wrote

A few other data points:

  • $FRC institutional ownership is still 97%+
  • The $FRC implied volatility and option premium has really dropped over the last week, indicating that nerves are calming. Trust me, I will miss this, as I was making bank selling cash-secured puts.
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SheepherderSea2775 t1_je8ijns wrote

Post-GME, I don’t trust subreddits, especially the posts saying anything of mainly institutionally owned. It just reads like a pump and dump and an institutional bad actor is just trying to get retail to hold their bags.

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thus t1_je8iyhn wrote

Smart

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SheepherderSea2775 t1_je8jlja wrote

That being said. Given banks are -90% right now. Finding that regional bank that can weather the storm and buying in at the bottom (after Powell stops fleecing the markets)… that’s a 10x multiplier for sure…

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thus t1_je8kanc wrote

Don't pick the bank, play the sector ETFs.

They are more boring, but there is plenty of profit to be had long-term unless the whole sector is doomed to zero.

If you really do have to scratch the itch, there are 3x bull sector ETFs like $DPST (be very careful).

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robbinhood69 t1_je7ntnu wrote

you realize institutional ownership data is like 4 months delayed right ?

no, of course you don't, u imbecile

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PussyBreath007 OP t1_je7oahw wrote

That’s not very kind. I’ll try to get more current info on tutes ownership %

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robbinhood69 t1_je7pijk wrote

This whole thread is walking people into a trap, which is not very kind since the DD lacks any semblance of even basic knowledge of reference materials

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thus t1_je85zd8 wrote

If FRC was going to implode, it most likely would have gone into receivership 10ish days ago.

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robbinhood69 t1_je8gcj4 wrote

Silvergate is basically humping along outside of receivorship but its prolly gonna bleed forever, this is a moronic play

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thus t1_je8i4gn wrote

Like I said elsewhere in the thread, and what is reflected in my portfolios, a specific bank is not the best way to play a recovery.

Buy bull put spreads, shares and CCs, or leaps in a sector ETF like KRE.

If you really must have more risk, then pick a levered-up sector ETF like $DPST.

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thus t1_je8i65k wrote

I am shocked SI is not collapsed, to be honest.

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irongi8nt t1_je8hwuo wrote

All y'all bears say the same thing every week "by Friday they will be in receivership" it's getting old...

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robbinhood69 t1_je8i701 wrote

!remindme one year

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irongi8nt t1_je8ko6r wrote

You have $1 puts out to next year, I hope your not also shorting :P

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robbinhood69 t1_je8okdg wrote

Im not touching this coz vols r blown out coz its priced in that this shit is going down

It’s like amc

It’ll hump along but theres no salvation here, only down

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thus t1_je869rs wrote

That said. $FRC is not the smartest way to play this.

If you really do want to play a recovery, buy one of the sector ETFs instead. That way, a bank could still fail, but the sector would survive.

Disclaimer: I am deep in June 2025 $KRE leaps at $35 strike.

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thus t1_je854jh wrote

Obviously. We don't know for sure until the 13Fs fly.

We can infer, however. There has been one large institution that has reportedly divested.Swedish pension fund Alecta. They sold for a $728mil loss. Nobody has followed them, from what I can see. Too bad they didn't hold out for a week.

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robbinhood69 t1_je8gaml wrote

We cannot infer diddly squat, look at every other regional bank, even silvergate still shows 97% ownership

Idk if europe has different disclosure laws and thats why sweden fessed up but no one else is gonna say shit until long after they r completely our

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diqster t1_je85nkb wrote

23.7% short fee rate on IBKR for FRC.

I also loved selling puts on SIVB until I didn't. I won't be able to sit down for years.

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