Some big institution out there is getting margin called. Dealers are telling me they badly want the $1T in repos, but can’t take it.

READ  Yes, Virginia. There Is A Stock Market Bubble.
READ  “Normally, only 2:1 margin is allowed. However, Robinhood traders are getting around this by using short dated out of the money calls options (with 15:1 margin). This has NEVER been the case, is new, and absolutely is what's driving up demand for TSLA's stock. When it reverses, it will be UGLY.”