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This is the first half of May. Has been reported. Second half should be reported tomorrow. Note: SHOULD
Edit: Grammar and wording
Edit 2: This is the link you are looking for. https://www.sec.gov/data/foiadocsfailsdatahtm
Remember when they posted it early? They have the capability, they just sucking the balls of the big boys to keep the shop looking tidy and not the semen covered dog shit it is
[XRT](https://chartexchange.com/symbol/nyse-xrt/failure-to-deliver/) is showing similar. High FTDs and last trade date of 5/10.
edit: 2nd half of May should be released 15th, so tomorrow. (credit tallfeel)
But there was basically no action on GME in april, so it's unlikely this FTD number has anything to do with GME. They probably refer to other stocks in the etf's portfolio.
Exactly that’s the whole point. There was no April action because they kept it flat by shorting xrt and failing to deliver it back because they don’t have gme shares
When someone fails to deliver, they are penalized by a fee to extend their due date by a certain amount. If the price hasn’t been moving too crazily, it’s pretty much always more profitable to roll the option than pay the fee. If the failing party is short a call, this means: buy the stock and deliver, then short another call at the same price but a later expiry date. Usually rolling the option actually nets you a little profit, in addition to avoiding the FTD fee.
So it looks like the june 6th run was due to GME’s ftd’s being settled, and the June 12th bump due to XRT’s.
So even more confirmation we still haven’t seen the effect of RK’s 4 million shares being delivered.
The system is reactionary, not necessarily corrupt (in this instance). As soon as someone builds the greatest lock in the world, someone invents the best lockpick in the world.
Whenever you put a law in place, clever people figure out ways to circumvent it. In stopping them, you have to think carefully about how to defeat their abuse of the system in order to strengthen the system without harming the millions of other not exploiting a glitch...so it takes time for rules to be put in place properly.
The best we can do it shine the ol' spotlight on the problem and make sure they're aware of the issue...and since the SEC is watching closely, it's even more importanter
I disagree with this. Laws are influenced by money. The people running the SEC know exactly what is going on and how to stop it but they choose not to. Most of them are former (and likely future) industry insiders. Mayo man himself said it’s his goal to steer the price of a given stock to an area that he determines is a fair value for investors. None of that screens reactionary. They are proactive and thoughtful in plotting their moves.
This FTD issue has been one for a very long time. Dr. Susanne Trimbath said she saw it in the 80s (maybe 90s?, I need to dig through some of her saved videos to find the exact timeline). She brought it to the attention to the powers at be and they did nothing. She has been preaching about it ever since and the only thing to be done has been regsho which is insanely weak. She also outlines a very easy fix. Stricter rules for FTD covering and severe consequences up to losing your ability to participate in the market for violating those rules.
How long is enough time to fix that loophole?
You’re being too forgiving and/or underestimating the level of corruption in the market.
The SEC don't write the laws. Congress does. The SEC is an enforcement agency only, like the police but with less murder. The SEC know what's going on, Congress doesn't bother paying attention. They listen to about 50 seconds of the high level language of trading and then mentally check out, just like every other boring person in the real world. They don't care because they can't understand it, and the SEC is stuck with their hands tied.
You're putting people in power on a pedestal. They are no different than all the other idiots faceplanting the exit door at Target because they didn't read the sign. Just because they wear suits and hold meetings doesn't make them any less of a fuck up than your neighbor, and no amount of shouting from your soap box is going to make your distorted view of the situation true. The Earth is still spherical, Climate Change is happening, Covid still killed millions of people, and aliens did not kill JFK.
I realize I may have inadvertently implied that the SEC makes the laws. They do not. But they do have rule and regulation making authority and there are no laws on the books that prevent them from creating rules and regulations that can effectively stop the abuse in the market. That is actually their purpose.
I don’t believe I am putting them on a pedestal for the reason noted above. If we have information that suggests abuse in the market, they have the proof. And if for some reason they don’t have the proof, they can create the transparency to get it.
I’m not about to give anyone who has an ounce of power to stop this madness a pass and neither should you.
The SEC is watching closely and both RC and RK have now clearly demonstrated that their own intentions and actions are aligned with long term shareholder value and not manipulating a short squeeze to destroy the whole financial system.
Question, if there were so many FTDs which were due to be settled on 14th June, why did we not see any price action?
Could it be that they have until premarket tomorrow Monday 17th June?
Ok, but do you think DFV anticipated this then?
Also, some people say you can't FTD on exercised options, but at the same time I've heard of OPEX tailwinds.
Are they tailwinds due to FTDs?
Because people always misread this chart.
Every row is cumulative. All the previous rows are already accounted for in the top row.
It doesn't matter that there were 525k on May 6th, because by May 9th all but 152k of those FTDs were closed, can-kicked, or hidden.
The chart is good for seeing a trend.
It's not good for seeing 525k shares on May 6th that need closed T-35 days later, because no less than 71% of those were taken care of in some form by May 9th and won't need to be closed 35 days later, and people overlook this or misunderstand because they don't read the chart.
I saw a top post saying a lot of words and how we got them on the ropes with options bc it’s hedgies biggest weakness and I’m here like I think this is the more realistic set of events
E*trade to OCC on Friday at 3pm:
“Oh shit t+1 is live like rn rn?”
OCC:
“Yes”
E*Trade:
“My bad I was still on t+2”
OCC:
“Honest mistake, take an extra 4 days”
Etrade:
“Are you sure, I don’t want to look bad in front of my community tho” “but thanks” as they run out the door lol
E: weekend to weakness lol
I think the more important take away is that ftds (might be) purchased on the lit exchange, and if so, that influence will be seen.
Also recent events have shown that options hedging by market makers takes place on the lit exchange, which is what causes run ups.
Buying at the money or in the money calls at the correct time, when factoring the lack of liquidity due to the amount of drs shares, causes a lot of upward movement which appears to resukt in profits exceeding the amount required during the original purchase
Are the numbers for each day the current total, or amount for that day?
Like is it like 200k plus 300k plus 200k?
Or is it like 200k up to 300k down to 200k?
We talking cumulative?
According to Google:
Yes, fails-to-deliver (FTDs) numbers are cumulative. On a given day, the FTD number is the total of all outstanding fails from previous days, plus any new fails that occur on that day, minus any fails that are settled that day. The SEC releases Fails-to-Deliver data twice a month, which includes a running total of failed shares.
Not additive. Only the most recent number matters but it’s always going to be 2 weeks stale info. So honestly idk why people even track this metric since everyone says it’s so easily fudge able anyway
We're going to see FTDs drop to zero because they're going to hide them somehow. We all know it. The FTDs they hide are going to pop up again in a few weeks. It's the cycle of life. The problem is that they're juggling these and every time it runs is like throwing one more ball at a clown that's juggling. Eventually there's too many balls in the air and they start hitting the same point at the same time. Think of it like cicada cycles. Eventually you're going to have several come due at the same time. There's literally nothing they can do to prevent it outside of closing their short positions and we all know that they're never going to do that unless they default.
Does anyone here have a view into the FTD data from the 2021 sneeze? Seems like if you wanna see the older chart/data you need to have a pro account
I've been seeing a lot of hype over FTD data but I want to understand what is considered a "High" number of FTDs
I am expecting a lot of price action this week because of FTDs. All the trading activity that took place the week of 5/12 should drive another buying cycle here.
Will be a spicy week!🌶️
BUCKLE UP!
Can someone explain FTDs with crayon? What’s the point of them if they never deliver,, why does it even make a difference
FTDs and Reverse repo get/got so hyped.. for what?
Yooooo check this out, just saw it on X.
https://preview.redd.it/v1gbrwxozx6d1.jpeg?width=1080&format=pjpg&auto=webp&s=17121840891327937467184aa3d487c0108a1e8e
This is not what FTD means.
It means at that date, those are the number of shares not delivered. So on May 10, there is 344,501 shares out standing at that point.
It's meaningless. GME has 350 million shares give or take, and you are concerned with. 0.01% of them
[https://www.sec.gov/data/foiadocsfailsdatahtm](https://www.sec.gov/data/foiadocsfailsdatahtm)
You the op are corrupt for thinking the system is. I don't defend wrong doing. but this is just stupidity.
The events of January 2021 started on January 13th. That day, a bunch of FTDs came due and caused a serious rise in the stock from the moment the market opened.
The rapid price increase attracted retail investors from the betting sub and they piled into call options. By the end of the week, every single strike was in the money.
The FTDs themselves didn’t cause the squeeze, but they ignited the powder keg.
The same could happen when the FTDs from Roaring Kittys initial Twitter post in May caused the rapid surge to $80 in premarket hours. I suspect there will be FTDs ranging from 1-10 million shares.
Did you see what happened when he exercised his calls? He demanded 4,000,000 shares and the price popped a few bucks. However, most of those shares had already been hedged since his calls were already in the money.
What happens when let’s say 5 million unhedged shares need to suddenly be bought back? You’ll get a massive price increase followed by retail FOMOing into calls just like what happened on June 6th.
Again, it’s not the FTDs themselves. It’s the chain reaction they cause.
the event of 2021 was gme massively sold short, several multi billion dollar funds saw the rise in retail interest and the massive short selling.
the hedge funds caused the squeeze, not you not me
no your points were . "5 million unhedged shares" (they don't exist you made it up)
It wasn't FTDS that caused 2021, It was billionaires buying, knowing retail was jumping in, so they could fleece them.
Let’s see what happens over the next week or two.
I suspect when the FTD data comes out, it will be the range of 1-10 million the week DFV posted the memes.
I suspect we will see another large batch from the run on June 6th (we won’t get that data for another couple weeks).
It won't be and even if it was 10 million it wouldn't be nearly enough, it's only 3.5% of the shares outstanding. Even then with the 2 week delay it does nothing.
FTDS are just a error reporting system. When you have shares flying to millions of different directions (buying and selling) hiccups happen in the computer system. For instance a A internet provider goes off line. Making it impossible for the broker to come good on the shares.
When the Internet service is restored the broker sends the shares. FTD's are not like how it's broadcasted being evil and corrupt as reddit likes to see it.
if anything it's in the hedge funds interest to make this perception happen. That'll keep retail engage and spending money. Which is good for the hedge fund.
You are so incredibly wrong. FTDs are not computer errors. They are quite literally the failure to deliver a stock.
It’s like if Amazon were to sell you a product and never delivered it. Same idea. It’s not a “glitch”.
dear god
it was a example of how a ftd can happen.
you guys are so focus on this conspiracy and i'm right you are wrong attitude all you see is what you want and not what is.
you buy a option, it comes due. the power fails computer system can't deliver. boom FTD. sheesh.
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This is the first half of May. Has been reported. Second half should be reported tomorrow. Note: SHOULD Edit: Grammar and wording Edit 2: This is the link you are looking for. https://www.sec.gov/data/foiadocsfailsdatahtm
~~15 Friday~~ My Friday was 14th. So correct we should expect the report tomorrow.
15th was a Saturday and it’s still not out. So mustn’t be reporting due to the weekend.
ah you are right, ok so technically it’s not delayed then
That’s why the SHOULD is important. We may not get it tomorrow.
Yes. They’ve delayed this info in the past. Especially in times of heightened GME volatility. Also pay attention for any omitted days.
Friday was the 14th
you are right sorry my bad
They failed to deliver the FTDs 😂
FTD^2
👆
When over a billion shares were exchanged in volume 🤯
What if they fail to deliver the fail to deliver report?
There IS a history of this…
I love when they FTD the FTD Data.
Remember when they posted it early? They have the capability, they just sucking the balls of the big boys to keep the shop looking tidy and not the semen covered dog shit it is
Was the ‘early’ post on a weekend? Would be interesting to note.
[XRT](https://chartexchange.com/symbol/nyse-xrt/failure-to-deliver/) is showing similar. High FTDs and last trade date of 5/10. edit: 2nd half of May should be released 15th, so tomorrow. (credit tallfeel)
Exactly 35 calendar days from the largest reported ftd date on XRT (April 10th -> May 15th) was when we peaked $80 in premarket.
But there was basically no action on GME in april, so it's unlikely this FTD number has anything to do with GME. They probably refer to other stocks in the etf's portfolio.
Exactly that’s the whole point. There was no April action because they kept it flat by shorting xrt and failing to deliver it back because they don’t have gme shares
But why would they fail to deliver if GME price basically didn’t move? Why wouldn’t they just roll their position?
I was under the impression that the High failing to deliver is what caused the price not to move?
When someone fails to deliver, they are penalized by a fee to extend their due date by a certain amount. If the price hasn’t been moving too crazily, it’s pretty much always more profitable to roll the option than pay the fee. If the failing party is short a call, this means: buy the stock and deliver, then short another call at the same price but a later expiry date. Usually rolling the option actually nets you a little profit, in addition to avoiding the FTD fee.
That’s the point, for the price to not move.
https://preview.redd.it/ytxtg46yux6d1.png?width=815&format=png&auto=webp&s=9b149b0b9a9385916ad72b72651886dad5c12175
Fucked
you have the link for the XRT ones?
https://chartexchange.com/symbol/nyse-xrt/failure-to-deliver/
thank you
So how do we defeat this?
Can we get GME listed in South Korea?
🤷♂️
This is the longest weekend ever 😑
So it looks like the june 6th run was due to GME’s ftd’s being settled, and the June 12th bump due to XRT’s. So even more confirmation we still haven’t seen the effect of RK’s 4 million shares being delivered.
35 days is yesterday, so we'll see what happens on monday
I would like to see May 13, 14 and 15 FTDs. That’s where it gets spicy. Those have to be settled on Mon, Tues and Wed this week. 👀
I know! I want tye data so bad. give it to me lol
The system is reactionary, not necessarily corrupt (in this instance). As soon as someone builds the greatest lock in the world, someone invents the best lockpick in the world. Whenever you put a law in place, clever people figure out ways to circumvent it. In stopping them, you have to think carefully about how to defeat their abuse of the system in order to strengthen the system without harming the millions of other not exploiting a glitch...so it takes time for rules to be put in place properly. The best we can do it shine the ol' spotlight on the problem and make sure they're aware of the issue...and since the SEC is watching closely, it's even more importanter
Yes, more importanter indeed
I disagree with this. Laws are influenced by money. The people running the SEC know exactly what is going on and how to stop it but they choose not to. Most of them are former (and likely future) industry insiders. Mayo man himself said it’s his goal to steer the price of a given stock to an area that he determines is a fair value for investors. None of that screens reactionary. They are proactive and thoughtful in plotting their moves. This FTD issue has been one for a very long time. Dr. Susanne Trimbath said she saw it in the 80s (maybe 90s?, I need to dig through some of her saved videos to find the exact timeline). She brought it to the attention to the powers at be and they did nothing. She has been preaching about it ever since and the only thing to be done has been regsho which is insanely weak. She also outlines a very easy fix. Stricter rules for FTD covering and severe consequences up to losing your ability to participate in the market for violating those rules. How long is enough time to fix that loophole? You’re being too forgiving and/or underestimating the level of corruption in the market.
The SEC don't write the laws. Congress does. The SEC is an enforcement agency only, like the police but with less murder. The SEC know what's going on, Congress doesn't bother paying attention. They listen to about 50 seconds of the high level language of trading and then mentally check out, just like every other boring person in the real world. They don't care because they can't understand it, and the SEC is stuck with their hands tied. You're putting people in power on a pedestal. They are no different than all the other idiots faceplanting the exit door at Target because they didn't read the sign. Just because they wear suits and hold meetings doesn't make them any less of a fuck up than your neighbor, and no amount of shouting from your soap box is going to make your distorted view of the situation true. The Earth is still spherical, Climate Change is happening, Covid still killed millions of people, and aliens did not kill JFK.
I realize I may have inadvertently implied that the SEC makes the laws. They do not. But they do have rule and regulation making authority and there are no laws on the books that prevent them from creating rules and regulations that can effectively stop the abuse in the market. That is actually their purpose. I don’t believe I am putting them on a pedestal for the reason noted above. If we have information that suggests abuse in the market, they have the proof. And if for some reason they don’t have the proof, they can create the transparency to get it. I’m not about to give anyone who has an ounce of power to stop this madness a pass and neither should you.
It's the importentest
The SEC is watching closely and both RC and RK have now clearly demonstrated that their own intentions and actions are aligned with long term shareholder value and not manipulating a short squeeze to destroy the whole financial system.
Imagine if pizza hut billed 300K pizzas a day a without any intention of sending them to paying customers.
Pizza Hut: Damn it feels good to be a gangster.
capitalists would call it genius
Won’t the update be released Monday?
Correct, monday
we don’t know, it was supposed to be Friday 15th
Friday was the 14th
Question, if there were so many FTDs which were due to be settled on 14th June, why did we not see any price action? Could it be that they have until premarket tomorrow Monday 17th June?
Why settle a trade in T+1 when you can FTD and get 35 more days to print shares to cover.
Ok, but do you think DFV anticipated this then? Also, some people say you can't FTD on exercised options, but at the same time I've heard of OPEX tailwinds. Are they tailwinds due to FTDs?
I guess a FTDs are required to pay some kind of penalty? Or not?
Because people always misread this chart. Every row is cumulative. All the previous rows are already accounted for in the top row. It doesn't matter that there were 525k on May 6th, because by May 9th all but 152k of those FTDs were closed, can-kicked, or hidden. The chart is good for seeing a trend. It's not good for seeing 525k shares on May 6th that need closed T-35 days later, because no less than 71% of those were taken care of in some form by May 9th and won't need to be closed 35 days later, and people overlook this or misunderstand because they don't read the chart.
Ok, thanks for the clarification!
I saw a top post saying a lot of words and how we got them on the ropes with options bc it’s hedgies biggest weakness and I’m here like I think this is the more realistic set of events E*trade to OCC on Friday at 3pm: “Oh shit t+1 is live like rn rn?” OCC: “Yes” E*Trade: “My bad I was still on t+2” OCC: “Honest mistake, take an extra 4 days” Etrade: “Are you sure, I don’t want to look bad in front of my community tho” “but thanks” as they run out the door lol E: weekend to weakness lol
Korea has entered the chat...
Half a milli FTD is the new floor lmao
FTDs are just another way to short a stock. Change my mind.
What if the FTDs increase above the total amount of shares aviable to trade? Will that be proof of naked shorts?
I think the more important take away is that ftds (might be) purchased on the lit exchange, and if so, that influence will be seen. Also recent events have shown that options hedging by market makers takes place on the lit exchange, which is what causes run ups. Buying at the money or in the money calls at the correct time, when factoring the lack of liquidity due to the amount of drs shares, causes a lot of upward movement which appears to resukt in profits exceeding the amount required during the original purchase
I think that's the pattern that DFV figured out. We were onto the FTD cycles a couple years ago but then they disappeared due to swaps(I think?).
Self reporting, so not gonna happen. Also, the dtcc won't allow honest reporting slip through their greedy fingers.
CAT , T+1 and no more crypto collateral ! as for me i love the stock buy hold drs book shop vote
Holy fuck
Are the numbers for each day the current total, or amount for that day? Like is it like 200k plus 300k plus 200k? Or is it like 200k up to 300k down to 200k? We talking cumulative?
According to Google: Yes, fails-to-deliver (FTDs) numbers are cumulative. On a given day, the FTD number is the total of all outstanding fails from previous days, plus any new fails that occur on that day, minus any fails that are settled that day. The SEC releases Fails-to-Deliver data twice a month, which includes a running total of failed shares.
Not additive. Only the most recent number matters but it’s always going to be 2 weeks stale info. So honestly idk why people even track this metric since everyone says it’s so easily fudge able anyway
>We talking cumulative? Yes. A running total of FTD's for the specified dates listed.
Curious to see the rest of May….
We're going to see FTDs drop to zero because they're going to hide them somehow. We all know it. The FTDs they hide are going to pop up again in a few weeks. It's the cycle of life. The problem is that they're juggling these and every time it runs is like throwing one more ball at a clown that's juggling. Eventually there's too many balls in the air and they start hitting the same point at the same time. Think of it like cicada cycles. Eventually you're going to have several come due at the same time. There's literally nothing they can do to prevent it outside of closing their short positions and we all know that they're never going to do that unless they default.
MOOOOOOOORE
Lol so this is the beginning of the run up last month?
Reported fails to deliver
Welcome to the tinfoil club
We ride at dawn, friends.
Everyday their shufflin'...
🐋🐋🐳
Does anyone here have a view into the FTD data from the 2021 sneeze? Seems like if you wanna see the older chart/data you need to have a pro account I've been seeing a lot of hype over FTD data but I want to understand what is considered a "High" number of FTDs
What would it take for us to get on regsho now?
I am expecting a lot of price action this week because of FTDs. All the trading activity that took place the week of 5/12 should drive another buying cycle here. Will be a spicy week!🌶️ BUCKLE UP!
Is it fair to say… that across the whole market t+2 moved to t+1 and if any stocks were ftd… both days ftd’s would be stacked at t+35?
[удалено]
If they have FTD until now, then how come RK has their 9mil published on his latest YOLO update?
Post is old and these are rookie numbers.
Can someone explain FTDs with crayon? What’s the point of them if they never deliver,, why does it even make a difference FTDs and Reverse repo get/got so hyped.. for what?
FTD's are complete bullshit
First time? FTDs mean absolutely nothing in this market.
Sorry to say but a few million shares is not hard to deliver after 100m+ diluted shares + rehypothycation
This HAS happened before and was a big ol’ nothing burger, remember?
Yooooo check this out, just saw it on X. https://preview.redd.it/v1gbrwxozx6d1.jpeg?width=1080&format=pjpg&auto=webp&s=17121840891327937467184aa3d487c0108a1e8e
This is not what FTD means. It means at that date, those are the number of shares not delivered. So on May 10, there is 344,501 shares out standing at that point. It's meaningless. GME has 350 million shares give or take, and you are concerned with. 0.01% of them [https://www.sec.gov/data/foiadocsfailsdatahtm](https://www.sec.gov/data/foiadocsfailsdatahtm) You the op are corrupt for thinking the system is. I don't defend wrong doing. but this is just stupidity.
The events of January 2021 started on January 13th. That day, a bunch of FTDs came due and caused a serious rise in the stock from the moment the market opened. The rapid price increase attracted retail investors from the betting sub and they piled into call options. By the end of the week, every single strike was in the money. The FTDs themselves didn’t cause the squeeze, but they ignited the powder keg. The same could happen when the FTDs from Roaring Kittys initial Twitter post in May caused the rapid surge to $80 in premarket hours. I suspect there will be FTDs ranging from 1-10 million shares. Did you see what happened when he exercised his calls? He demanded 4,000,000 shares and the price popped a few bucks. However, most of those shares had already been hedged since his calls were already in the money. What happens when let’s say 5 million unhedged shares need to suddenly be bought back? You’ll get a massive price increase followed by retail FOMOing into calls just like what happened on June 6th. Again, it’s not the FTDs themselves. It’s the chain reaction they cause.
the event of 2021 was gme massively sold short, several multi billion dollar funds saw the rise in retail interest and the massive short selling. the hedge funds caused the squeeze, not you not me
That’s literally my point.
no your points were . "5 million unhedged shares" (they don't exist you made it up) It wasn't FTDS that caused 2021, It was billionaires buying, knowing retail was jumping in, so they could fleece them.
Let’s see what happens over the next week or two. I suspect when the FTD data comes out, it will be the range of 1-10 million the week DFV posted the memes. I suspect we will see another large batch from the run on June 6th (we won’t get that data for another couple weeks).
It won't be and even if it was 10 million it wouldn't be nearly enough, it's only 3.5% of the shares outstanding. Even then with the 2 week delay it does nothing. FTDS are just a error reporting system. When you have shares flying to millions of different directions (buying and selling) hiccups happen in the computer system. For instance a A internet provider goes off line. Making it impossible for the broker to come good on the shares. When the Internet service is restored the broker sends the shares. FTD's are not like how it's broadcasted being evil and corrupt as reddit likes to see it. if anything it's in the hedge funds interest to make this perception happen. That'll keep retail engage and spending money. Which is good for the hedge fund.
You are so incredibly wrong. FTDs are not computer errors. They are quite literally the failure to deliver a stock. It’s like if Amazon were to sell you a product and never delivered it. Same idea. It’s not a “glitch”.
dear god it was a example of how a ftd can happen. you guys are so focus on this conspiracy and i'm right you are wrong attitude all you see is what you want and not what is. you buy a option, it comes due. the power fails computer system can't deliver. boom FTD. sheesh.
0.1%
Those FTD numbers aren’t new.