Stonk-O-Tracker AMC
So, using AMC as an idea, let's have a look at the various statistics that Stonk-O-Tracker provides. The first thing you'll notice is an orange bar across the website. It reads, "Stonk time in 7 hours 19 min 54 sec." It's a countdown to the opening of the New York Stock Exchange, so that one is quite simple to understand. Additionally, you'll notice that on the left, immediately beneath that bar, is a heading labelled with a price of $12.78. When the New York Stock Exchange closed, the AMC stock was trading at that price.
SSR stands for "short sale restriction," also known as the "alternative uptick rule." This regulation forbids short sales after a stock has fallen by 10% or more from the previous trading day. This protects stocks from further short-selling. In this instance, the SSR is set at $11.50, which is $1.10 less than AMC's $12.78 NYSE closing price.
Frankfurt Stock Exchange
The heading "FRA" on Stonk-O-Tracker AMC displays the price of AMC shares on the Frankfurt Stock Exchange. The main stock market in Europe is the FRA, and the price displayed there is in euros.
There is a feature on Stonk-O-Tracker called "Calls ITM Expiring." This section displays the number of call options on the AMC stock. These are "In The Money" and expire on a specific date. An investor can purchase shares of stock at a predetermined price on a specific date. He can purchase the stock using a call option, also referred to as a call. If, on that day, the price is less than the real cost of purchase, the owner can pocket the difference.
For instance, the Stonk-O-Tracker AMC indicates that 5,445 calls are expiring on July 8 at $13 and are "in the money." Consider someone buying one call option on the AMC stock for $20 in order to see how this actually works. The call option is worth $5 if the price of AMC's stock is $25 the day before it expires. The buyer can then use the call option to purchase the AMC share for $20. After that, they can sell it for $25.
Availability Of Shares To Borrow
The Stonk-O-Tracker AMC displays investors from AMC, GME, and BBBY. It indicates the number of shares of each company that short sellers can borrow. The goal of these short sellers is to obtain shares from a broker on loan. They keep the profit when they sell the shares back to the broker after watching for a decline in price. When a stock is substantially shorted, the number of shares available for borrowing decreases.
400,000 AMC shares were available for loan at the time of publication. But take heed of what the Stonk-O-Tracker developer said. He said that the available shares to borrow are delivered in quantity by Interactive Brokers. It just shows how many shares are available for borrowing from them. However, it may not represent the entire pool of shares that are available for borrowing. It just provides a useful overview.
The Tits-Up-Tracker
The humorously named "Tits-Up-Tracker" is a recent addition to the Stonk-O-Tracker. A tab in the upper right corner will take you there. The "US Daily Treasury Statement" and the "Reverse Repurchase Agreements" are the two measures that the "Tits-Up-Tracker" keeps track of. The Reverse Repurchase Agreement metric displays the usage of the Overnight Reverse Repurchase Facility of the Federal Reserve Bank of New York. This allows it to remove surplus cash from the system. This can happen by lending out securities it owns on its balance sheet. This can be done before buying it back the next day.
The developer of Stonk-O-Tracker AMC claims he draws information for the web tool from the following sources:
• The SEC
• Yahoo Finance
• Shortvolumes.com
• Interactive brokers
• Market Chameleon
• etfdb.com
• Finra
• ComputerShared.net
Final Words
Stonk-O-Tracker AMC's inventor claims that the website is not necessary for profit. To help with operating expenses, he solicits donations. To make donations, you can click here use your PayPal account. It is happening with the assurance that all donations in excess of operating expenses "will go to a charity." Shareholders can lock up their GME, AMC, and BBBY shares via the Direct Registration System without a brokerage firm. Many shareholders are making this effort so that short sellers cannot access the shares. Market makers will find it much more challenging to lower the prices of GME, AMC, and BBBY stocks. This happens if enough investors employ DRS.
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