SVB Financial Group
Stock Market Today (as of Mar 23, 2023)
Looking for experienced traders to tell me how this can go wrong
GameStop Stock: Your looto play for tonight's Q4 Earnings
Why didn't anyone on Wall Street predict this banking crisis?
SVB Financial cut off from records due to FDIC takeover (NASDAQ:SIVB)
Silicon Valley Bank was a hedge fund `in drag', consultant says (NASDAQ:SIVB)
First Republic Bank - May not survive by this Friday. Powell keep on increasing rates.
S&P cut First Republic Bank to junk, warned of another downgrade
SVB has collapsed, and there may be nearly 190 more ‘bombs’ to explode
David Tepper snaps up SVB Financial bonds, preferred stock - report (NASDAQ:SIVB)
Friend of mine sent me this text asking where to buy SIVB stonks. Who’s gonna tell him?
Charles Schwab calls itself a ‘safe port in a storm’ as it took in billions in new assets the past week
⚠️ Another group of $SVB investors has proposed a class action against the failed bank, claiming that it was never disclosed that $SIVB, which was shut down by regulators on March 10,faced unique liquidity risks in an environment with high interest rates.🧨
PSA.... If SBNY and SIVB remain halted, those options are not subject to automatic exercise
FRC + SIVB + CS and other upcoming banks be like
US CFTC to give pass over certain swap reporting failures tied to SVB, Signature Bank contracts
Credit Suisse crisis: a replay of Lehman or a fight for survival?
Quant ratings flagged SVB Financial, Signature Bank; Wall Street was green (NASDAQ:SIVB)
Hard Hit By Bank Crisis, These Fintech Stocks Try To Claw Back
Stocks, regional banks rally as after CPI print
Silicon Valley Bank $SIVB Collapse Explained Like I'm 5:
Silicon Valley Bank $SIVB Collapse Explained Like I'm 5:
Silicon Valley Bank $SIVB Collapse Explained Like I'm 5:
Silicon Valley Bank $SIVB Collapse Explained Like I'm 5:
NEWS: 3iQ Announces Firm Has No Exposure to Closed US Banks
CPI Report For Feb 2023: Does This Still Have More Room To Run? ($SPX/$SPY)
Bids for Silicon Valley Bank due Sunday in FDIC auction (NASDAQ:SIVB)
Janet Yellen says U.S. is not considering bailing out Silicon Valley Bank (NASDAQ:SIVB)
Insiders at $SIVB Sold $4M of Stock and the CRO Quit Before it Failed
Insider Shenanigans at $SIVB before it Failed
Silicon Valley Bank CEO sold $3.6B of stock two weeks before bank failed (NASDAQ:SIVB)
Insider Shenanigans at $SIVB before it Failed
$SVB Investors are Uniting to Fight Losses Together🥊
Shareholders Wiped Out by SIVB's Collapse are Large Indexers Like Vanguard, Blackrock & State Street But Smaller Buyside Firms, including Swedish Pension Fund, Saw Merit in Holding SIVB
Bill Ackman predicts more bank runs from Monday (NASDAQ:SIVB)
While SBNY and SIVB put options are halted, you can still exercise them
While SBNY and SIVB put options are halted, you can still exercise them
$SIVB collapse was caused by Trader panic and not VC driven bank run. And why other bank stocks will keep dropping
What happens to $SIVB and $SBNY puts if trading remains halted until Friday?
SVB's Risky Investment Strategy Leads to Losses and Market Panic
First Republic Gets Additional Funding From Fed, JPMorgan
FDIC insurance limit is in fact unlimited?
Hot Stocks: WAL hits 52-week low in SIVB aftermath; DOCU drops on earnings; ERJ, SSYS rise
What happens to options when a stock is delisted? Someone bought 200 puts on Silicon Valley Bank this week.
Signature Bank New York Fails ($110bn) - Fed will cover all uninsured deposits
Massive squeezes imminent. BBBY APRN TTCF are coming into the week with all time high short interest. Futures up huge on SIVB bailout. This could be a big $$$$ week
VolSignals Quick Take (TLDR) -> Morgan Stanley's 3/12 FOMC Preview - "IT'S COMPLICATED"
3/12 FOMC Preview by Morgan Stanley -> "It's Complicated" (VolSignals Quick Take / TLDR)
3/12 - Morgan Stanley Sunday Start - "IT'S COMPLICATED" -> VolSignals Quick Take (TLDR)
Morgan Stanley (Sunday Start) - "It's Complicated" FOMC Preview (3/12) -> VolSignals Quick Take (TLDR)
Morgan Stanley's Sunday Start - "It's Complicated" (3/12) - VolSignals Quick Take (TLDR)
SIVB - No bailout. It is fire sale. Get your bids in today.
How SVB Was Doomed By a Bad Bet on Mortgage Securities and the Fed’s Rate Hikes
Who will end up holding all those fixed low rate long maturity date bonds ?
FDIC closes SVB Financial's Silicon Valley Bank (NASDAQ:SIVB)
More qualified individuals for the SIVB dream team
SVB Financial turmoil prompts sell-side analysts to steer clear (NASDAQ:SIVB)
Oddities with Silicon Valley Bank (SIVB) collapse. SWIFT stronghold. [Tinfoil Turbo]
Profiting off SIVB untimely down fall
Remember those million % returns on SIVB puts? There are more and more people asking the SEC to look into identifying who purchased them.
SIVB Hedgefund ownership as of 4Q 2022. Compliments of hedgefollow.com.
SVB Financial Group (SIVB) Contagion starter list.
$SIVB - Insiders sold stock within a month of the collapse.
S&P futures cautious, yields slide ahead of the jobs report; SIVB plunge continues
ALLY is the next to collapse; get your money out now
SIVB - a discussion of similarities to the Global Financial Crisis, and what it means for stocks.
Hot Stocks: SIVB plunges 60%, leads banks lower; SI crashes; ASAN surges on earnings news
$SIVB - Insiders sold within 2 weeks of the collapse.
Ah yes, stock price reflects how the bank is doing as a whole. That's why SIVB was going up and doing fine until the 1 day 50% collapse into a FIDC takeover right? Even though SIVB was in trouble since as early as December when big banks were trying to save them behind the guise of "increasing investment". This sub truly have some of the most regarded individual the finance world has ever seen.
Second-largest bank would be C, behind JPMC. SIVB was second-largest failure by value, after WAMU. I don't want anyone to get laid off. I want Powell to suck cock.
You need to relax. If you didn't notice, three banks (SI, SIVB, and SBNY) closed down earlier this week. Because of that, some financial service companies are taking a more conservative viewpoint towards new accounts. TD is owned by Schwab which also got their stock clobbered. Senior management might also want their subsidiary to do things by the book. Like /u/emaguireiv mentioned, financial service companies have to follow the Patriot Act, know your customer, and anti-money laundering laws among other things. If you truly need to trade, then put money in one of your open accounts.
All these day traders who got into SIVB? What happened to their money?
Nothing. $SIVB shutdown their branch in Kyiv
Still doing better than the cucks who bought "safe" bank stocks like SIVB or FRC
Yeah well a bunch of reasonable people said SIVB was a decent investment a month ago. An NFT of Wendy's stock has more value than SIVB today. Who's regarded now?
JPow: "SIVB is an outlier" BOFA: ![img](emote|t5_2th52|4640)
JPow just called SIVB management a bunch of regards lmao :4271:
BTFP is the facility the Fed recently opened in response to SIVB and Signature bank collapses. Google it. It allows exactly what the other commenter described. You’re right that’s not how normally it works, but that changed in the past two weeks. That’s what the commenter earlier was referring to- BTFP, the bailout/not-a-bailout.
“The Age of Easy Money” frontline documentary was unsettling, in a kind of “I don’t think I want to be a bear anymore” existential way. You learn the fed has essential taken the place of policymakers in driving the economic engine of the US. It’s also the first time I’ve watched a feature length documentary that included news from 3 weeks ago (SIVB). Glad I’m all cash rn.
Not hedging their long duration assets is pretty terrible management. They were even warned by the Fed a year ago about it, Blackrock told them they needed better risk management, and a month or two a short seller warned regulators about their practices. Can't speak about Signature or FRC, but SIVB absolutely destroyed themselves by not anticipating rate hikes at all.
I've been buying a bit almost everyday since the SIVB situation, I'm 95% long and 5% cash. Although the last two CPI where not what I would've liked them to be, the last PPI was good tho. I still think this inflation will go away it's just that it's gonna take a couple more months that I originally expected. I expected rates to be cut in Q4 of 2023 but now, if it does, it's not gonna be because inflation is under control it will rather be because there is too much stress on the economy. That's my 2 cents, can't wait to see what PowPow has to say. What do you think? Are you guys Long? Short? Cash? Or only trading volatility? Watching netflix? Whats up?
Says the clown going long on SIVB 😂 ok buddy
The situation that started with SIVB was much worse than that of the other banks. They are off the charts in unrealized losses/ deposits greater than 250k (uninsured). I think (and I’m not totally fluent in regards to this man) but Burry might think this situation is unwarranted outside that of SIVB. But all the other banks are grabbing up the cash and throttling growth prospects so his doom and gloom will probably accelerate on hyper inflation fears. I dunno just a guess 🤷♂️
BOA just got like 30B in deposits from people who fled SIVB etc
Which stock? FRC, CS or SIVB?
These don't seem like the kind of errors a person would make if they're just having a hard time translating. The statements are vague and borderline contradictory, like OP doesn't actually understand what they're trying to say in their own language. Plus, "stocks and bonds" is a pretty conservative investment strategy. I'm baffled as to how someone who has been doing that "for years" could lose it all due to a recent decision involving the same kinds of assets. Unless of course they were just snapping up SIVB and its bonds.
SIVB bank paid millions of dollars as bonuses prior to collapse. recently on the news one of the hf said they are going to pay 6.8Billion dolallars back. so something i can smell .
Got any SIVB news for me my friend, or we still wait 28th haha, couldnt catch up to the global news lately
[SIVB had over $200 million in loans to insiders](https://twitter.com/muddywatersre/status/1638260967082545184) \>start a bank \>give bank insiders, and everyone you are friends with millions of dollars worth of loans \>fail and get bailed out \>everyone keeps their money, no one goes to jail or face any consequences literally free money glitch 😞
there were plenty of warning signs about SIVB. The fed actually issues them a warning in 2019 but nothing was done of course.
I wonder how many of their $7 billion in assets are less liquid like the CMBS & MBS that SIVB had, which would make a bank run here even more catastrophic.....
I was super bullish on COIN but got stopped out by that SIVB news cycle. Really sucks.
Dying stock how? Has the bank failed? It isn’t remotely close to the CS or SIVB situation. The bank runs have stopped, the crisis mania is finally going away in the media. Now they’re working on raising capital to replenish the deposits they lost so they can continue being profitable. Also, long hold here for me. Easy back to $50 when all things settle.
Check the date on that article son. And it isn't called fair market value. It is called book value. As a holder of $SIVB shares I really wish you were correct.
I own shares of $SIVB. So yeah. You are reading this so wrong it isn't worth correcting you. Pick a different sector
I wouldn't have said that SIVB was going to fail in 48 hours but I would've told you that they have a completely different deposit base than every other bank in the country. If you don't want to invest in banks, that's fine, but to generalize that they're the riskiest part of the market is an absurd exaggeration.
Are they? Wouldn’t you have said that about SIVB a year ago? If not, how would you have known it wasn’t safe back then?
No, the overwhelming majority of banks are incredibly safe. The sector as a whole has pristine asset quality and much more capital than prior to the "Great Financial Crisis". SIVB an SBNY were extreme outliers.
They dumped FRC on the 15th per the article...but why the fuck were they specifically only invested in FRC, SIVB, and SBNY?...how do you even pick a fucked up trifecta like that?...
SIVB would like a word with you
Answers to your questions are [here](https://www.optionseducation.org/referencelibrary/faq/splits-mergers-spinoffs-bankruptcies). There’s a post somewhere recently of a guy who did naked short puts on SIVB which were assigned (he couldn’t exit because when the stock is halted so are the options), which resulted in a margin call he couldn’t meet. Brokerage liquidated his entire account of nearly $150k, and he’s still in the hole…
And a friendly reminder that FRC is 8th on the list of banks with highest uninsured deposits in US: 1. BNY Mellon, [$BK](https://twitter.com/search?q=%24BK&src=cashtag_click): 97% 2. SVB, [$SIVB](https://twitter.com/search?q=%24SIVB&src=cashtag_click): 94% 3. State Street, [$STT](https://twitter.com/search?q=%24STT&src=cashtag_click): 91% 4. Signature, [$SBNY](https://twitter.com/search?q=%24SBNY&src=cashtag_click): 90% 5. Northern Trust, [$NTRS](https://twitter.com/search?q=%24NTRS&src=cashtag_click): 83% 6. Citigroup, [$C](https://twitter.com/search?q=%24C&src=cashtag_click): 77% 7. HSBC Holdings, [$HSBA](https://twitter.com/search?q=%24HSBA&src=cashtag_click): 73% 8. **First Republic** Bank, [$FRC](https://twitter.com/search?q=%24FRC&src=cashtag_click): 68%
No, it's a useless chart. It says that the higher up you go, the higher the chance an account you pick out of a hat will have over $250k, in other words, more than FDIC insured limit, in other words, this is the % chance an account will lose money if the bank goes belly up. If you had a small bank with 10,000 accounts and 9,999 had $250,001 while a single account had $249,999 then your bank would be at the very top. Now if everybody withdrew $2, then your bank would be at the very bottom. Left to right is unrealized losses, which I presume Burry is hinting at financial trouble, so essentially SIVB had tons of accounts over $250k (could be $250,001 or it could be $20mil) which technically should lose all that money in excess of $250k since FDIC does not insure past that amount until the ~~bailout~~ backstop was announced. As you approach the middle and left side, less unrealized losses. As you approach the bottom, less accounts not fully covered by FDIC insurance, which we found is a useless number since everybody gets fully backed, from $420.69 balance to $20,000,000 balance, doesn't matter.
small banks have been dying for a long time. Actually allowing SIVB to fail and tarnishing the venture capitalist industry/Silicon valley would have been a much greater death blow, since VC tech is the one thing US leads the world in
Explain logically, this isn’t the same as SIVB and they will protect this bank, mark this comment if you want.
Again, if there is no bank run this won’t go under as other SVB type banks! This serves to wealthy clientele as compared to start ups for SIVB
From what I hear you had to have the shares to exercise the puts. If you didnt your long putvwas worthless. 2nd, someone else posted that they sold a put and got assigned SIVB on Saturday which are worthless and now they’re facing a 275k loss.
you mean $SIVB right?
My parents have been watching me predict the collapse of credit Suisse 2 weeks in advance, and SIVB the night before and looking at me like wtf how do you know this shit First republic as well about 2 weeks in advance They are very confused right now how a regular dude is telling them all this shit way before it hits the news ![img](emote|t5_2th52|4271)
**Uninsured Deposits by Bank:** 1. BNY Mellon, $BK: 97% 2. SVB, $SIVB: 94% 3. State Street, $STT: 91% 4. Signature, $SBNY: 90% 5. Northern Trust, $NTRS: 83% 6. Citigroup, $C: 77% 7. HSBC Holdings, $HSBA: 73% 8. First Republic Bank, $FRC: 68% 9. East West Bancorp, $EWBC: 66% 10. Comerica, $CMA: 63% **There are now a total of $8 trillion in uninsured deposits in the U.S.**
Good thing I ingested all my money in GME, AMC, and BBBY. Companies with solid fundamentals. Only idiots invest in meme stocks like FRC, SIVB and CS.
Of course, but I guess you missed the $SBNY and $SIVB fiasco. Majority of brokerages did not allow put holders to exercise 3/17 expiry options, and people who thought they made 1,000%+ ended up -100%. In that light, there is quite obviously a >0% chance the same situation would occur w/ $FRC, IF an FDIC seizure were to occur.
Much better to sell puts. If the stock goes up, you keep the premium. If the FDIC seizes it and freezes the stock, and the brokerages behave the same way they did with $SBNY and $SIVB, then you keep the premium as well.
SIVB selling shares before the collapse. They damn well knew Peter Thiel was about to do a bank run on them. They got tipped off. Unfortunately they’ll just get fined 1/8 of what they sold. That’s just the name of the game.
what started this bank run anyway? SIVB? think their execs were short af? or just a matter of time for the first domino to fall
I know when the sentiment changes on a stock like SI, SIVB or CS, the firm pulls the analysts' coverage, but what happens to analysts career-wise?
SIVB - Screw the shareholders CS - Screw the bondholders Everyone looking on: Which one will get screwed on the next bank failure?
FRC was right up there with SBNY and SIVB on Burry's bank chart![img](emote|t5_2th52|12787)
Whether or not a stock is halted has no bearing on your ability to exercise a put, period. The only thing that changed this time is that Robinhood caved on their short ban. All other brokers allow exercising a put into a short position anyway. They are free to set their own margin requirements for this as they see fit. OCC specifically allowed delayed settlement for SIVB/SBNY and that is not unusual procedure for a halt either. But SBNY isn't even hard to borrow and there are plenty of shares still available as per iborrowdesk.
Si, SIVB, SBNY... In a month dude.
And imagine fed wants you to declare bankruptcy to save you![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)it be like SIVB
These ratings are a joke. Sure kick the bank while it’s down. Where were these ratings on SBNY and SIVB before they went from 100-0? As an investor, these ratings hold no weight in my book. By all accounts, FRC is a fantastic bank that’s committed to the customer. I watched a video from the CEO from last year, I feel good in my conviction of the bank and holding the stock even though I’m down. It’s founder led and built on great fundamentals.
SIVB got halted pending good news
I realize that you want to give absolutely NO DETAIL about your trade for some reason. Let’s keep it a secret and only answer the people who ask the question in the most clever way. SIVB is a great example to learn from. It’s not clear. But you are much smarter and you are asking about FRC. Right? And in the final sentence you ask should you “Sell that put” (I am assuming you Bought it then)? So I’m thinking you got a long put on something. You said it would underperform. You didn’t specify the expiration date or strike. You didn’t mention what you paid for it. That’s important. Nor the ticker. You gave us nothing.
$MARA and $RIOT IM TELLING YOU, bull run in 2025, understand the cycles. This is my 4th cycle. 1st cycle I lost. 2nd cycle I missed cause I thought it was a scam. 3rd cycle I made a million. This cycle I got 500k riding, hoping to make millions 🍀🍀🍀🍀👀👀👀👀 IM TELLING YOU, bull run in 2025, understand the cycles. This is my 4th cycle. 1st cycle I lost I bought the top and got caught up in the hype. 2nd cycle I missed cause I thought it was a scam. 3rd cycle I made a million. This cycle I got 500k riding, hoping to make millions. As more and more people go through this exact same thing the pumps are higher and higher. Trust me everyone who left crypto at 60K are coming back. Even more people are coming back. You need some time to pass. New kids will buy. Trust!!! If you’re buying now you’ll be very rich. Don’t buy the top when it’s popular. Buy now when mainstream thinks it’s dead. Guys I’m not gonna buy now. ‼️‼️‼️‼️ I’m gonna buy when the tik tok and IG thoties are posting their portfolios ‼️‼️ I’m not gonna buy when mainstream thinks crypto is dead ‼️‼️‼️ I’m gonna buy back in peak of every cycle when crypto was the future ‼️‼️‼️ I’m gonna buy in 2025 at the peak of the cycle (we all know about the 4 year BTC cycle) when crypto will be the future again ‼️‼️‼️ I’m literally given free money at these prices but I won’t buy now I’ll buy later. ‼️‼️‼️ Since I’m so stupid when I got my mortgage I got variable interest cause I didn’t like free money ‼️‼️‼️ Be like me ‼️‼️‼️ I’ve been in crypto for 3 cycles now. This is my 4th. My first cycle I held and sold at a loss at the bottom after the bull run. It was my first time diving into crypto. I quit crypto at that point. My 2nd cycle I missed it (because I thought crypto was dead), my third cycle I made a million dollars. ‼️‼️‼️ DO A LITTLE BIT OF RESEARCH AND UNDERSTAND THE CYCLES AND THE HISTORICAL DATA. ‼️‼️‼️ If you’re reading this consider yourself lucky. The risk return ratio is too good to pass up. This is an opportunity. If you’re selling now you’re insane. ‼️‼️‼️ I HAVE 750K RN AND IYKYK THEN 2025 IS THE BULL RUN. BUY NOW AND BECOME RICH, UNDERSTAND THE CYCLES‼️ Maybe I do want BTC to replace fiat… all the bullshit these billionaires and lawmakers do. They made such a huge deal about FTX but the SIVB bank run doesn’t get the same scrutiny and attention. You got the SEC going crazy over 3 billion dollars when one of the largest banks in America lost 200 billion dollars. Like wow. Think about it for a second. It’s a fucking bank. Poof. Gone. All these VP, execs, CEOs with their bull shit qualifications don’t actually know anything. The whole system is an illusion but there is so much blindness in this world. They’re speculating with customers funds just like Alemeda. They’re no different. Bloomberg had a buy rating from every analyst for this bank stock. That’s 25K a year for Bloomberg for expert advise. If you stop and think the monetary system is complete bullshit and illusionary. The way they print money (essentially that’s what they end up doing) and control inflation. To keep the regular people poor and rich people rich. Literally check unemployment to determine if they’re successful. The poor needs to exist for the rich to prosper . BTC actually frightens them. But I think of BTC as a way to say fuck your do them. 700K fuck your to them. It’s safer to buy gold, BTC, property, stuffing it in mattress than keeping it in a bank. Not your keys not your coin. At least I know my crypto is safe. Ironic isn’t it? I know I’ll always have my crypto… https://vm.tiktok.com/ZMYHdte3X/ You need to keep people working this is the only way the rich will be rich you need the working class. You can have better living standards for the lower class but you’ll always have a separation of class. That’s why you can’t just hand everyone 1 million dollars, if everyone has it it’s worthless. So they need ways to separate the rich and poor. Mortgage literally means debt until death. They make you work and you own your house but you can’t even sell it. Then once you pass away you owe taxes on it and the money you get isn’t even a lot since the currency is devalued. Crazy how the system is designed to keep the people separated in terms of money!! Then he talks about the bail outs. They socialize the losses of the elites but say screw you to the masses when they make a mistake…savages. People lost their LIFE SAVINGS in 2008, they don’t care!!! Then he talks about setting up the narrative for a central digital currency which I believe is coming, I also believe that’s why they are trying to make crypto look bad, so they can use their own digital dollar. Also the money system is bull shut they just print the fucking money it’s not real. What’s real is the US is a super power and they have control which is why their currency has value but it’s not real value!! Or else a poor country could just print money, but the poor country has no power. Sometimes I hope that people will wake up and adopt their own universal currency but the super powers in power can do anything they want so the world will always be like this… it’s human nature. Corruption and greed will never end. There will always be classes of separation! BTC gives me slight hope of fulfilling this. Fuck the rich.
Dude what happened to CS or SIVB could happen to FRC at literally any time. Just a few days ago I was willing to hold it overnight. Now none of these regional banks are safe. If they come out of this yeah it could go back over $100 or even higher because of a squeeze. But that’s a big IF. Also it isn’t just hedge funds shorting this. My guess is hedge funds are stuck net long. There are a ton of retail traders who follow guys like Marc Cohodes like he is their cult leader who will be shorting or own puts.
The OCC will make a publication with the decision, check out this thread w/ post by ScottishTrader (with SIVB as example...) https://www.reddit.com/r/options/comments/11o4c7q/stock\_halt\_impact\_on\_put\_options/
Read the various threads on Silicon Bank, here, SVB and ticker SIVB.
It was up last weekend, when depositors for SIVB were bailed out + other stuff. It went flat the next day (end of day..was pretty volatile tho). I think we just need to see what the FEDs say to get some relief
You should think of the total position risk. ABC could be the next SIVB or Enron. Even a super far OTM put with a cost of 0.01 gives you some downside protection. The OP would be down $50k instead of having his entire account liquidated.
Depositors were retroactively made whole. Did she have half her money in SIVB or does she have no idea what's going on with her finances? In either case, a fool and her money are soon parted.
That is what people said about CS just a week ago when SIVB and SBNY failed. Another regional bank could fail next week for all we know.
The Midsize Bank Association, whose membership includes...yep, you guessed it: SIVB
Ok that makes sense. Don’t do things you don’t understand that’s a good motto to live by. I respect that. So you wouldn’t understand that spreads would limit your risk in the case the underlying goes bankrupt like in SIVB. No one was able to predict it and on the surface because they looked like a solid company with $200 billion in assets. If OP wanted to own SIBV at 125, rather than selling naked 125 puts, he could’ve opened put credit spread such as 125/100 spreads. He can still own it at 125 if it drops to between 125 to 100 but if it drops to zero like it did, he would limit his risk to 25 points instead of 125 points.
To put things in perspective (and, yes, I know things have changed with recent events. I'm just pointing out the difference): in 2022: CS had a net income of **$-7.642B.** Float is 3.1b shares. Long term debt is **$164.767B**. T FRC had a net income of $**1.5b (yes, positive)**. FRC's float is around 200m shares. Long term debt is **$7.5b**. FRC was also growing substantially every year while CS was declining and their financials were getting worse. ​ EPS: FRC 8.25 per share vs. -2.6 for CS. In reality, a buyout of FRC would command a premium. FRC's issues are illiquidity, not insolvency vs. CS, SIVB, and even Signature (who are now being sued for fraud). Why do you think the banks were willing to step for FRC? They're a good bank.
Oh god bears r fuk. All the shit banks SIVB, CS and SNBY are being acquired. GG pivot and massive green hulk dicks coming to an oversold stock near you
No, and the people here are morons. This is publicly held debt by BoJ, it's completely meaningless to think it has anything to do with SIVB or CS or anything like that.
The game is rigged. There was not a single valid reason to not allow SIVB to go to pennies. Companies go bankrupt all the time. Preventing **some** companies from realizing catastrophic failure is market manipulation and illegal. "he said, she said" sort of a deal where several regulating bodies don't know what they're regulating, blaming each other, and "allowing" household traders to incur losses, but not gains, is again market manipulation and illegal. Apart from regulators aint regulating shit. I know I'm arguing with a wall here, but I'm righteously pissed off at this "real world friction".
If he thinks SIVB had politicians and power players over the barrel wait till he sees BAC.
And where is a broker supposed to obtain SBNY or SIVB shares? They are non-existent. I feel for people but I don't understand how people think this is the broker's fault. They can't just locate shares that do not exist.
See if you can rollover the assignment for future date ..hopefully SIVB will be back by that time..take 1 year rollover if allowed
If you look [here](https://fred.stlouisfed.org/series/EXCSRESNS), you can see that banks have voluntarily been keeping excess reserves (i.e. reserves above the quantity that's legally required) voluntarily since 2008. I haven't seen any good explanations for why - after all, banks are financially incentivized to keep the minimum possible reserves they can get away with. The only thing I can think of is that the banks are actually practicing risk management all by themselves (perhaps to inspire confidence in depositors). As far as I understand it, the SVB failure wasn't caused by a lack of reserves. In fact, according to [their most recent balance sheet](https://finance.yahoo.com/quote/SIVB/balance-sheet), they held 8% of deposits as cash / cash equivalents. This is pretty close to the 10% figure you mentioned. The real problem with SVB was that they made some dumb investments and bet big on interest rates staying low. They were reluctant to sell those investments at a loss (poor trading psychology) and instead decided to sell shares to raise money so that they could hold on to their failing portfolio until it matured and gave them their money back. That was perhaps an even more stupid decision, and led to a crisis in confidence during which literally all VCs urged their startups to pull funds out of SVB, and since SVB did not have diversified deposits (they were all concentrated in the tech startup sector), their 8% cash cushion simply wasn't enough.
By shareholders. I'm not one. I have $SIVB
Meh, nah. This is classic “trapped in the moment” type shit. You know how people would look at charts of shit like BofA like 5 years after the GFC and go “ugh, why didn’t I buy back when they were selling for nothing?” Well, because in moments like this everyone somehow loses the ability to discern what’s quality and what’s shit. Instead of seeing lots of diverse businesses, suddenly it’s “all BANKS” are at risk. They aren’t. Like, no way in hell are the massive American banks at risk. They’re too “systematically important” anyway. Canadian banks are as safe as it gets. And even regionals like PNC have no business being on this. They’re solid and totally fine. Hell, fucking WAL was seeing deposit *inflows* at the end of last week, has >55% of its deposits fully insured, and has $20B in cash reserves ready for any outflows. Truly, why would they fail now? We’d need a new onslaught of bank runs *bigger* and way more panicked than the one we just saw in the wake of the SIVB, Signature, and FRC bank runs. And FRC isn’t failing, it’s just not going to be a profitable bank anymore. It’ll be sold.
First, sorry for the bad trade. Unfortunately, the regulators really screwed everyone by not resuming trading in SIVB and SBNY (i.e., people might have been able to get out of losing trades at better prices, sell marginable securities at better prices, etc.). If you get the chance, try and get the terms and conditions when you opened the account with TD (and any subsequent changes to the terms and conditions). This is what you agreed to and this is what TD is probably going to work with when they go after you for full repayment. If you have a lawyer (or a friend who is a lawyer), let them see the terms and conditions, explain the situation, and then get their input on what they suggest you should do. You may also look out for any class action lawyers who are suing SIVB. You could be a lead plaintiff in any case since you were wiped out. Obviously keep an email trail of everything. If possible have a lawyer (or lawyer friend) negotiate on your behalf. Sorry once again for your bad experience. I hope you are able to find a reasonable resolution to your problem. In addition, maybe you can get some restitution from a class action lawsuit.
I doubt that when SIVB was at trading 140 that you can sell the 125 Puts for 25.00 with less than 5 days to expiration. That means they were being priced to hit 100-95 if premiums were going for 25.00 to 30.00 for the 125 Puts. That alone should have alerted anyone selling naked options to stop and think about whether they should sell or not. At the least I would have done a spread because the way the market is pricing them is telling you that something is not right.
You're missing a very key difference. Banking regulations in the US require CB (Commercial banks) to maintain a certain level of collateral/reserves. There was a massive massive influx of deposits from the helicopter stimmy checks which led to a scramble for collateral. This is also why banking requirements were loosened around this time. Banks wouldn't have met requirements from the influx. Anyhoo, Silicon was an outlier. Why? 55% of SIVB's assets were securities. A huge chunk of these were MBS which is what truly fucked them. Most banks like Citi, BAC, WFC, etc. only keep 20-25% of total assets as securities and they are mostly **US treasuries**. Why treasuries? **Because there will always be a buyer for US treasuries**. Even if the market goes to shit guess who will buy or swap the stuff they control for a nominal cost? **The Fed**. *Aside: the Fed balance sheet trending upwards again means nothing because it's a simple swap and a net zero.* Silicon is full of regards who bought a bunch of MBS to resell to the Fed and then the Fed stopped buying with QT. Suddenly had a balance sheet full of poor securities and rates going up all around them. They panicked, depositors panicked, and then it was panic at the disco until the FDIC kicked the door in. So the BoJ can pick and choose whether or not they buy treasuries based on the situation. US banks were forced to buy assets by helicopter money and in a shit situation they bought pristine collateral (UST). Their losses are almost always hedged and used to offset capital gains. However, when management is incompetent and does not follow the well worn path you get an SIVB situation.