RIGD REPORTS on $AI and $SPY

We Went Into the Wrong Business

Good morning fellow poors of society.

This address is for everyone who’s not involved in the crypto bankruptcy cases for FTX, Celsius, Voyager, and Blockfi.

Just check out the fees lawyers are raking in.

$137,144,540 for four months of work on the FTX case alone!

This didn’t all get paid out (yet) and it didn’t all go to one firm because of course you need multiple lawfirms doing random shit to claw back the coins that flowed into democrat coffers.

We’re going to declare Alvarez & Marsal North America the winners here because who knows what financial advisors for a bankruptcy case actually advise on.

They’ve been paid a whopping $32,707,399. We asked a Georgetown lawyer friend (he’s a good guy like a cop who would pull you over for speeding 85 in a 55 but then not give you a ticket because you’re blaring Steely Dan on the speakers you installed in your Dodge Challenger) how much a partner would get paid out and he said it’s normally 1/3. That’s a casual 10.8 million for either Alvarez or Marsal.

(seethes in poor)

[ via sunil_trades ]

RIGD REPORTS on $AI and $SPY

Today has been a face melting green hulk dick rip to the upside on a mix of 0DTE options flow and we suppose the non-news of the debt ceiling is getting raised because ultimately politicians on both sides of the aisle are spineless reptiles only concerned with donors and self-preservation. Whatever happened to America first the swamp is never getting drained wah wah wah cry more.

One stock not participating is $AI down 10.70%, significantly less than its expected move of 20%.

When a stock stays within the expected move buyers (calls and puts) lose, while sellers of calls and puts collect the premium and laugh at the idiots on the drive to the Porsche dealer to buy a new turbo Cayenne for their second mistress.

Women lie, men lie, but option flow rarely lies and big money whales getting caught offsides ala NVDA is like winning a slot machine jackpot (only happens to undeserving losers not us).

We called the move yesterday

If you followed and sold calls at 40… congrats and go [ redacted ] yourself.

We had one too many mai thais last night and are feeling slightly cranky for not participating fully in today’s rally.

RIGD AI flagged two massive option flows at 10:07 today for the $SPY 419 call.

These were 0.26.

There was a followup or addon at 10:35 for the same strike at 0.49 for over half a million in premium.

Here are the exact times on the chart.

Look at the timing of the second purchase.

It’s the exact moment before $SPY sends straight to valhalla.

It’s like it was coordinated in a totally RIGD way which has one of our favorite doomer bear contra indicators whining on his twitter about coordinated buys.

The thing is he’s probably right but the other thing is we don’t really care and are only interested in number go up technology (making money).

At time of publication the 419c is going for 2.41.

0.26 —> 2.41 = 826.92%

0.49 —> 2.41 = 391.84%

We followed on our test account with the 419c and 421c which are up a respectable but not incredible 172% and 230%.

Beta update:

Thank you to the fine individuals who signed up for the beta yesterday and alerted us to the fact we did not have any post purchase flow setup and it looked like we just stole your money and drank mai thais.

Today we still do not have any post purchase flow setup (LOL).

But here’s the details:

RIGD AI will open for beta testing in 2-4 weeks.

Before the app launches we’ll give pre-sale buyers early access to the alerts (sms + email) which can be used to trade on.

Currently we’re offering one year of RIGD AI for $120 (aka 50% off).

However because this will pay for itself in one trade and having experience building and selling things we know it’s better to make more money from less customers (bc some but not you of course can be very annoying) the price will increase next week.

thanks for reading THE REPORT by RIGD AI

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