SPDR® S&P Regional Banking ETF
Expected Moves This Week: Fed Decision, KRE, XLF, Nike, Gamestop and more.
Playing banks and commercial property REITs with puts.
Oh snap top holdings in regional banks ETF KRE. All of them are in trouble.
Oddities with Silicon Valley Bank (SIVB) collapse. SWIFT stronghold. [Tinfoil Turbo]
Expected moves: SPY, XLF, KRE, TLT, and Earnings from Adobe and FedEx
I said sell banks, but didn't think you'd all sell at once!
2023-02-07 Wrinkle-brain Plays (Mathematically derived options plays)
2023-02-03 Wrinkle-brain Plays (Mathematically derived options plays)
Kaplan & Rosengren, two hawks just got fired : Long $QQQ, Short $XLF, $KRE, Short the dollar, Long $TLT
Regional banking stocks - what makes their stock tick?
VIX options shifting to bullish and Banks really bearish all the sudden
FED Jinxed itself : LONG Banks Short Tech $KRE $XLF v $QQQ
FED Jinxed itself : LONG Banks Short Tech $KRE $XLF v $QQQ
TIME TO GET BACK INTO BANKS | LONG KRE 70 JUNE / WFC 50 LEAP
I think the KRE ETF is the best way to approach this trade because it isn’t going to get halted or delisted. You can use options to mitigate some of the risk or increase your leverage depending on your desired level of degeneracy. Be careful out there.
KRE rolling over again ![img](emote|t5_2th52|12787)
KRE puts up 20%. No trust in banks lol
Me thinking my KRE calls are about to be worthless
Today's leaders: * Silver, silver miners, crude, semiconductors Laggards: * Natural gas, wheat, ARKK, KRE
im getting long KRE (again) short term. no matter what Powell says, he's gonna mention the banking crisis and he's gonna reassure the banking ponzi will be protected at all costs. it's guaranteed FREE MONEY.
Fools Really Copped this shitty stock. Buy KRE if you want to gamble on regional stock bounce without being able to do due diligence on individual banks.
I should just hedge my KRE longs with FRC shorts this bank has no future
Yes I regret not loading up call on KRE
Umm... Yeah, this is way more complicated and has nothing to do with interest rates. **Credit Suisse Crisis Is The Culmination Of Many Scandals** Credit Suisse had embarked on an overhaul to recover from a nonstop string of scandals, losses and lawsuits. But its shares slumped last week on fears of contagion from a banking crisis in the United States. Credit Suisse’s struggles come on the heels of the collapse of Silicon Valley Bank and Signature Bank in the U.S. Those failures caused steep sell-offs in regional bank stocks on Monday. The SPDR S&P Regional Bank ETF (KRE) fell 1.6% on Wednesday. Yet, Credit Suisse’s woes are actually unrelated to mid-tier U.S. banks, and the conflation of the two issues is more red herring than reality. Credit Suisse, Switzerland's second-largest bank, and the world's eighth-largest investment bank, has been in hot water for its troubling and egregious missteps over the past 5 years. Last year, Credit Suisse was fined $2.1 million in a cocaine cash laundering case when it was convicted by Switzerland's Federal Criminal Court for failing to prevent money laundering by a Bulgarian cocaine trafficking gang. And the mess just kept on getting messier. Credit Suisse also suffered its biggest annual loss since the 2008 financial crisis earlier this year and announced mass layoffs in recent months. However, a string of scandals over many years, top management changes, multi-billion dollar losses, and an uninspiring strategy can be blamed for the mess that the 167-year-old Swiss lender Credit Suisse now finds itself in, as per a Reuters report. The initial sell-off in Credit Suisse's shares began in 2021, triggered by losses associated with the collapse of investment funds Archegos and Greensill Capital. **Greensill Capital, 2021** In March 2021, Credit Suisse closed and liquidated several supply-chain investment funds tied to the activities of Greensill Capital. The investors in the funds, which totaled assets of approximately $10 billion, were expected to lose $3 billion as of March 2021. Credit Suisse was forced to return around $5.9 billion to investors in its Greensill-linked funds. Credit Suisse “seriously breached its supervisory obligations” in its relationship with the disgraced financier Lex Greensill and his companies, the Swiss financial watchdog has ruled. The Swiss Financial Market Supervisory Authority (FINMA) said it had concluded its enforcement proceedings against the bank, Switzerland’s second largest, after the collapse of Greensill Capital in March 2021. Greensill, which lent money to companies by buying their invoices upfront, collapsed after credit insurers withdrew cover, amid concern over its huge exposure to the steel and commodities tycoon Sanjeev Gupta’s GFG Alliance. Credit Suisse has been trying to recover $10bn (£8.2bn) of funds trapped in Greensill, as well as overhauling its risk management and compliance. **Archegos Capital, 2021** In April 2021, at least seven executives were removed from their posts after Credit Suisse reported losses of $5 billion linked to its prime brokerage services provided to Archegos Capital. The executives who departed included Lara Warner, the group's chief risk and compliance officer, and Brian Chin, head of the investment bank. Just prior to Credit Suisse's 2021 Annual General Meeting, Andreas Gottschling, head of the board's risk committee, also resigned. Credit Suisse suffered humiliation and shareholder wrath after it lost $5.5 billion from the collapse of the Archegos Capital. Burned by the back to back scandals, newly appointed Credit Suisse Chairman Antonio Horta-Osorio in April announced the bank’s overhaul. Credit Suisse was one of the worst-impacted banks, with other big hitters such as Morgan Stanley and Nomura also reporting billions in losses from the implosion of Archegos. Wall Street in total recorded more than $10 billion in losses linked to the little-known and secretive New York-based hedge fund. The crisis was triggered after Archegos defaulted on margin calls, triggering a $30 billion fire sale of media and entertainment companies that it had invested in. **Drug money laundering scandal, 2022** On 7 February 2022, it was announced that Credit Suisse would be tried in the first criminal trial of a major bank in Switzerland. Swiss prosecutors are seeking around 42 million Swiss francs ($45 million) in compensation from Credit Suisse for allowing a Bulgarian cocaine trafficking gang around Evelin Banev to launder millions of Euros of cash between 2004 and 2008. On 27 June 2022, the bank as well as one of its former employees was found guilty by the Federal Criminal Court of Switzerland for not doing enough to prevent the crime from taking place. The court imposed a fine of CHF 2 million and ordered the confiscation of assets worth more than CHF 12 million that the drug gang held in accounts at the bank; and to relinquish over CHF 19 million — the amount that could not be confiscated due to internal deficiencies at the bank. The bank said it would appeal against the verdict. Unsubstantiated rumors regarding the impending failure of the bank in the autumn sent customers fleeing. Credit Suisse confirmed last month that clients had pulled 110 billion Swiss francs of funds in the fourth quarter while the bank suffered its biggest annual loss of 7.29 billion Swiss francs since the financial crisis. In December, Credit Suisse tapped investors for 4 billion Swiss francs. Yet, a major investor, the Saudi National Bank, subsequently became spooked, and said it would not offer any more funds to Credit Suisse. On Wednesday, Saudi National Bank, the bank's top backer, told reporters it could not give more money to the bank as it was constrained by regulatory hurdles, while saying it was happy with the bank's turnaround plan. Credit Suisse was at the center of multiple international investigations for tax avoidance which culminated in a guilty plea and the forfeiture of US$2.6 billion in fines from 2008 to 2012. By the end of 2022, Credit Suisse had approximately CHF 1.3 trillion in assets under management. As of January 25, 2023, Saudi National Bank an anchor investor holds 10 per cent stake, Qatar Investment Authority (QIA) boosted its stake in the Credit Suisse Group to 6.87 per cent and Harris Associates reported a holding of below 3 per cent. On 15 March 2023, Credit Suisse' share price dropped nearly 25 percent after Saudi National Bank, its largest investor, said it could not provide more financial assistance.
I bought KRE etf and sold covered calls. *will get some FRS lotto call options
Ok how likely is it for an ETF like IAT or KRE to just delist? Seems unlikely to me
KRE ! Once the index sheds off the dead weight, it will moon again !
KRE is an easy buy here for long hold
I sold out of KRE this am. Decided I didn't want the stress and alrdy own BAC and JPM and Brk.b. I think US financials suck compared to Canadian, and feel way overweight in banks. Also if Buffett didn't make any deals over the weekend, I'm out. Also sold a googl strike 115 call on friday. Other than that, will sit out of the market today and try to relax.
So happy I bought KRE instead of FRC. I'm down but not destroyed.. so far..
PACW looks like it could double from here, KRE probably has 20-40% upside but is substantially less risky Skeptical about FRC; only good news would be if deposit outflows were lower than the market priced in when their Q1 report comes out
CCs is trading 10% over share value? Regional bank etf KRE melting up. Even Charles Schwab is moving..?
Regional bank etf KRE melting up. Even Charles Schwab is moving..?
Had some $KRE calls that I held over the weekend, sold at open for +2k gains. Done for the day. This market is exhausting...hopefully a few more trades until I break even and get the fuck away from it
SCHW, KRE, XLF and SPY all up. WTF is going on?
Nothing is ever fair value. Wait for things to get expensive before selling (NVDA, AMD) and for others to get cheap before buying (KRE, XLF). We ain’t there yet for either.
Lol. GSIFI going down is not bullish. KRE and XLF going to gap down, if yields continue down expect NSD outperformance, could still be down.
I think so. I see KRE being down over 20% this week.
10,000 SSSS 4,000 NCLH 3,000 HBAN 1,000 KRE 40 DIA 200 FRC (for fun) 2,300 IGBH 500 SQQQ Go easy on me. The killer is SSSS , bought at $6. Down to $3. But I think hope and pray it will eventually recover as their a VC fund with decent cash and $16 mill to do buyback by September. Overall down 40% and sweating it. Any advice is welcome. Would like to at least get back to even in 3-5 years. Retire in 12 years or start working at Wendy’s.
Can’t wait to tell my boy when he grows up, “Back in ‘23 WSB bought enough KRE calls to save the regional banking system in the US. It was the most glorious regarded thing I’ve ever witnessed.”
KRE is a regional banks ETF, and XLF is a basket of financials. Everyone here is telling you what to without knowing your timeframe and portfolio, but you should trade what you see.
$KRE potential upside is 90% too high 34% to Covid lows 65% to 07 lows pretty good chances there
Good article here on KRE… https://finance.yahoo.com/news/regional-banks-greedy-others-fearful-222100095.html
Why not an etf like KBWB or KRE ? They have a similar upside or may be 10% less. Not worth taking risk in an individual stock.
I see a lot of comments here but nobody is talking about which one of these regional banks has the most reputational risk and could face a run on deposits. Sure unrealized losses could be an indicator of the next one of these to see a bank run. But at this point now that depositors are garunteed by the FDIC for the entirety of their deposits I wouldn't expect us to see another of these banks fail. Couple that with large banks infusing liquidity into the regional banks to prevent contagion and things are looking pretty stable ([https://www.cnn.com/2023/03/16/investing/first-republic-bank/index.html#:\~:text=The%20major%20banks%20include%20JPMorgan,a%20tumultuous%20moment%20for%20lenders](https://www.cnn.com/2023/03/16/investing/first-republic-bank/index.html#:~:text=The%20major%20banks%20include%20JPMorgan,a%20tumultuous%20moment%20for%20lenders).) If anything I'd be bullish on these names since they're extreamly oversold and the mechanism for failure has essentially been removed. If I were more regarded I'd be buying medium dated calls on these names or an ETF bucket of them like $KRE. Be greedy when others are fearful...especially when the government is backstoping all failure. You could argue the govenments extreamly quick intervention and the willingness of large banks to step in and provide liquidity points to a more systemic issue. But then where is the issue? Where is the debt market apocolypse? This isn't 2008 where millions of americans are going to default on their mortgages, this is just miss managed interest rate risk on govt. bond portfolios. There are losses, but they aren't world ending. The reason SVB failed is because it miss managed its reputaional risk which then lead to a bank run. The bond portfolio losses were just the catalyst and I'd argue with these measures you wont see another bank run because deposits are now garunteed by the FDIC.
I would not buy KRE. Many of these small banks are going to permanently lose deposits. Not to be compared with prior banking crisises. If you are looking for a deal, I'd focus only on the super-regionals (ie the USB, PNC, TFC group) as they are down with the rest of KRE but they are getting thrown out with the bath water right now.
I’m watching KRE as well, I bought some yesterday will likely buy more next week.
I don’t see how the hell the fed can’t raise rates and fuck the regional banks that have failed to hedge. As much as I hate to hold options over the weekend KRE was just too tempting. Godspeed. Next week will be an absolute blood bath.
Wild times. Could have made 300% on WAL this week. the stock is still down over 60% from its highs. My suggestion is invest in one of the stocks that is NOT at the center of the crisis, but right next to it. Or just buy an index like KRE. TFC - Truist is a particularly interesting one here. Also down 50% from the highs, but a top 15 bank by assets. Some of the top regional banks compare here (top holdings in KRE). https://mezziapp.com/dashboard/?id=0u6kXN1y4y2xOaaoFoRd
bought 7.5k of KRE at $37
Spend every penny here on XLF and KRE here, at multi-year lows, due to panic selling cuz financials will never go up again *OR** buy NVDA and AMD here at 130+ p/e’s? If you can do this math you can be wealthy in a year.
Bought KRE puts this morning. Need to make some money when the banking system collapses
KRE tanking so bad my calls just gained 25% due to the increased volatility
Seriously? Yesterday KRE went 3% up and you were erogant, and today, when KRE down 5% you are proveing you were right with by showing of a food? God damn, you are pathetic ![img](emote|t5_2th52|4271)
KRE just hit the 43's
SPY 387 let's go KRE 43 let's go
Yeeeaaaah.. KRE is going to hit $39 today Regional run off shall continue
How about short KRE and buy a50?
try long BAC short KRE pair trade...
Holding KRE longs are just way too stressful
looool buddy of mine claims the bottom on regional banking is in and has decided to long 1500 shares of KRE. let's see how this works out for him.
#ITS LIKE 2008 BUT banks r fine Small bank business is fucked Big bank business is awesome with all the deposits KRE fuck. XLF #BEARS STUPID
Haha sorry bud KRE up 5% again. You got panicked by the herd but it’s all going to be okay
Just imagine Aunt Cathie running KRE and tack on a higher expense ratio. Can’t go tits up
Wouldnt that be XLF or KRE?
buy more KRE, EUFN, & XLF
Hedge with FAZ shares or KRE puts
Noticing that WAL is the only mentioned regional that is beating the KRE. FRC was the wrong pick
I miss the posters who were dunking on everyone here yesteday saying it was still a great buy at $55. Most retail investors should absolutely not touch the distressed banks. If you want exposure, get KRE or XLF
I'm sitting on the sidelines after cashing out some KRE puts yesterday. Been burned every single time i've tried to play puts in this low 380 range because we just randomly moon to 400 for no reason each time.
u/rylar look into the spdr KRE
Looks like I’ll be able to offload my last KRE puts at a profit after all. Just need NVDA and SHOP to take a beating today.
they bought the wrong hedge should been KRE ![img](emote|t5_2th52|4267)
Why didn’t he just buy XLF , KRE etf?
KRE fucking me hard rn opened up 10% now only 2%
KRE down 6% since the open ![img](emote|t5_2th52|4275)
KRE wall at 47, will it break or hold ![img](emote|t5_2th52|12787)
KRE hasn’t made a new intraday high since the open ![img](emote|t5_2th52|12787)![img](emote|t5_2th52|12787)![img](emote|t5_2th52|12787)
KRE better for bank exposure up or down you choose
Damn sold my KRE calls too soon. Made 40% but still money on the table
KRE is down like 50% I think you are late on arrival
haha is KRE just gonna gap fill yesterdays losses?
To the degens that said KRE calls, *tips hat*
Dude I made $7k buying KRE yesterday. I don’t need to listen to you doing victory laps because you gambled correctly after previously gamblers got wiped out. Again, congrats. I literally don’t care. Every day investors absolutely should not have been buying individual distressed banks
When SIVB is finally sold, KRE will trim the fat and moon again.
And here I was just buying KRE April calls...
pick up some KRE on the cheap
KRE calls/puts or DPTS shares, FAS calls
why do the picking? why not just XLF and KRE.
DCA, oversold doesn’t mean done with selling. KRE has been oversold for 2 days now. If you bought calls on Friday at $50, you’d be on the Wendy’s line at Monday close with it at $42. I am long BAC weeklies though. $31-33 PT at least for a retracement.
why not just buy KRE or DPST if you want 3x exposure
no more cherry picking but i have been trading WAL & FRS and building a position in KRE and XLF. these are oversold. the regional banks limited their withdrawn will prevent the bank run
If my OTM KRE LEAPS pay off before November, I might get better tickets for the Vegas f1.
#Ban Bet Lost /u/baconography made a bet that KRE would go to 54.0 within **1 day** when it was 50.935 and it did not, so they were banned for a week. Their record is now 4 wins and 13 losses
Hey, it worked ;) $CMA 03/17/2023 57.50 P --> + 758.67% $FITB 03/17/2023 29.00 P --> + 614.75% $HOOD 03/17/2023 8.50 P --> - 5.17% $SPG 03/17/2023 110.00 P --> + 62.78% $XLF 03/17/2023 32.50 P --> + 118.57% $KRE 03/17/2023 49.00 P --> + 267.66% $VNQ 03/17/2023 80.00 P --> + 8.86% $TQQQ 03/17/2023 21.00 P --> - 34.63%
Good as any and dominated by the big boys. Want to play regionals try KRE
Is anybody is giving you individual tickers, they are taking on additional risk for no reason. Just buy the KRE or XLF etfs and chill. They are diversified across the banks. No need to pick and choose.
There is an ETF for that to save you the trouble: KRE (SPDR S&P Regional Banking ETF)
Got a dumb amount of KRE calls
oh for sure, just made more off USB TFC KRE today