Unknown developers created the website program Stonk-O-Tracker AMC, which claims to “just like the stocks.” On Reddit, Twitter, and YouTube, so-called “meme-stock” investors have shown a lot of interest in it. Among other things, one of them described the tracker as “a fun website, built for apes, by great apes.” Let’s look at the various statistics that Stonk-O-Tracker provides thanks to the interface’s relatively straightforward design, starting with AMC. The site’s orange bar is the main thing you’ll take note. ” It states, “Stonk time in 7 hours, 19 minutes, and 54 seconds.” It is simple to comprehend given that it is a countdown to the opening of the New York Stock Exchange. Additionally, a heading with the price $12.78 is visible immediately below that left-hand bar. When the New York Stock Exchange stopped trading, the AMC stock was trading at that price.
SSR is another abbreviation for “alternative uptick rule” or “short sale restriction.” When a stock has dropped 10% or more from the previous trading day, this rule prohibits short sales. This stops stock short selling from happening again. In this instance, the SSR is set at $11.50, $1.10 lower than AMC’s $12.78 NYSE closing price.
The Frankfurt Stock Exchange
Price of AMC shares is displayed under the heading “FRA” on the Stonk OTracker AMC. The primary stock market in Europe is the FRA, and its prices are displayed in euros.
Stonk-O-Tracker offers a feature called “Calls ITM Expiring.” In this section, the number of AMC stock call options is shown. These are “In The Money” and have a specific expiration date. An investor can purchase shares of stock at a predetermined price on a specific date. With a call option, also known as a call, he can purchase the stock. The proprietor can keep the distinction assuming the cost on that day is lower than the real expense of the buy.
For instance, the Stonk-O-Tracker AMC indicates that 5,445 calls have an expiration date of July 8 at $13 and are “in the money.” Take into consideration purchasing a single call option on AMC stock for $20 to see how this actually works. Assuming the value of AMC’s stock is $25 the day leading up to when the call choice lapses, it will be valued at $5. The purchaser can then buy the AMC share for $20 by utilizing the call choice. They are able to sell it for $25 thereafter.
Availability of Borrowed Shares
Investors from AMC, GME, and BBBY can view the availability of borrowed shares on the Stonk-O-Tracker AMC. It informs short sellers of their borrowing capacity for each company’s shares. These short vendors seek to acquire shares from a borrowed dealer. They sell the shares back to the broker and keep the profit after waiting for the price to fall. When a stock is heavily shorted, the amount of shares that can be borrowed is reduced.
400,000 AMC shares were available for borrowing at the time of publication. However, pay close attention to what the Stonk-O-Tracker creator said. He said that Interactive Brokers provides a lot of the shares that can be borrowed. It merely shows how many shares can be borrowed from them. However, not every share that can be borrowed might be represented. It only provides a useful summary.
The amusing “Tits-Up-Tracker” has been added to the Stonk-O-Tracker. You can arrive by clicking a tab in the upper right corner. Two metrics are tracked by the “Tits-Up-Tracker”: the “Reverse Repurchase Agreements” and the “US Daily Treasury Statement.” The usage of the Central Bank of New York’s For the time being Converse Repurchase Office is shown by the Opposite Repurchase Arrangement metric. As a result, it can eliminate additional system funds. This is possible by lending securities that are listed on its balance sheet. This can be done prior to the return purchase the following day.
According to the creator of Stonk-O-Tracker AMC, the information for the web tool comes from the following sources:
- The SEC
- Hurray Money
- Intelligent intermediaries
- Market Chameleon
To cover his operating expenses, he asks for donations. Donations can be made with your PayPal account. It is being done with the assurance that any donations that go beyond the company’s operating expenses “will go to a charity.” Shareholders of GME, AMC, and BBBY can lock in their shares without using a brokerage firm by using the Direct Registration System. Many shareholders are making this effort to stop short sellers from getting access to the shares. Market makers will have much more difficulty lowering the stock prices of GME, AMC, and BBBY. This happens if enough investors use DRS.