rare number eight yes hedge funds did in some part at least certain hedge funds like quantitative hedge funds and trading hedge funds did actually participate in buying shares of gamestop to make profit off the trade so there were hedge funds that were actually competing with retail investors which makes sense and there were hedge funds that did likely according to the sec buy shares of gamestop to cover their shorts however the sec did not find that drops in short interest actually led to large price increases alone though the drops in short interest contributed the sec says that large price movements really came from more people just buying shares and huddling them so in other words not the squeeze basically putting to bed that the idea of gamestop's price going up was caused by a short squeeze there was short covering but we didn't really see a short squeeze it was a lot of retail buying and hodling that led to this which is really important for what ended up causing all of this to fail we'll get to that in just a moment which i think this is a really good part to mention that if you like my perspective consider out checking out the program's link down below on stocks and the psychology of money you get all my buy sell alerts whether it's for crypto or for socks or for options check that out down below it is the stocks and psychology of money program and there are also programs on building your wealth through real estate investing property management real estate agent sales you name it check it out down below there's a coupon code NUMBER_TOKEN off that you can use that price does go up in NUMBER_TOKEN days so check that link out down below number nine uh instead of a short squeeze we likely had continued buying pressure occurring from social media because everybody wanted to maintain a short squeeze so even though a short squeeze wasn't happening we all felt united and trying to maintain a short squeeze and this led the army the army of retail investors us to continue to buy and huddle it was the reason to keep fighting and we did leading the price to continue to go up now what about a gamma squeeze remember a gamma squeeze is when hedge funds or institutions buy shares to delta hedge call options that are going in the money if that was really foreign to you don't worry about it it basically means when people are buying yolo call options that actually start becoming profitable institutions might have to buy shares to hedge those call options so don't worry if that still doesn't make sense basically the more things go to the moon the more things go to the moon the sec found that a gamma squeeze was not a reason gamestop went to the moon they said that options trading actually peaked around january NUMBER_TOKENth which was the day before we saw gamestop actually go to the moon of about NUMBER_TOKEN dollars and they said that this increase in peak options trading was actually driven by put purchases so market makers were actually buying call options with the apes rather than buying shares to hedgehog puts crazy but they did mention that between january NUMBER_TOKENnd and january NUMBER_TOKENth we saw a lot of people actually getting out of options like getting out of call options and we stopped put volume increase more so people were increasing their bets against gamestop by the NUMBER_TOKENth and NUMBER_TOKENth which means the odds of a gamma squeeze wouldn't really make sense because the opposite was actually happening in the market at the time crazy so no short squeeze no gamma squeeze dark pools yes but what about naked shorting well this is when
START_SELFPROMO_TOKEN moment which i think this is a really good part to mention that if you like my perspective consider out checking out the program's link down below on stocks and the psychology of money you get all my buy sell alerts whether it's for crypto or for socks or for options check that out down below it is the stocks and psychology of money program and there are also programs on building your wealth through real estate investing property management real estate agent sales you name it check it out down below there's a coupon code NUMBER_TOKEN off that you can use that price does go up in NUMBER_TOKEN days so check that link out down END_SELFPROMO_TOKEN