GamestopSwapDD: part 420.2 - few Basket Swaps, Total Return Swaps, and $GME
Hello world
let's continue. this is a continuation of the post found here: https://www.reddit.com/r/Superstonk/comments/1i50m1b/gamestopswapdd_part_4201_cfd_summation/
I do want to put a formal note to everyone:
[ I'm grassroots. i've taught myself all of this since i've began 4 years ago. the entire path is on my reddit account and on X. If anything is incorrect, please correct me. I could have gotten an ISIN wrong or any of this wrong. I think its simply part of doing your own research, you are going to make simple mistakes and big mistakes. one must be willing to put the research up to the other players, to not only elevate their attempts in understanding, but to know if one is truly correct or not.
I've not had many around me, and this stupid machine tells everyone im a skitzo moron or some dumb shit, so i've played alone, and kept going for majority of this time. I apologize if I got any piece of information incorrect, but am asking you to help verify, try to learn, and improve my process. Games are not meant to be played alone.
I'm not advising, or an advisor, this is simply an update to my findings and my methods, while hoping that others would choose to play with me. I hope you choose to. ] ./EndNote
in the previous post, i went into details about the structure of the CFDs, and the implications of why they would be a spread on the federal fund rate. not sure if i mentioned they are illegal per dodd frank or not, but they are. =/
for the record, the machine has the ultimate bet on bet on bet with that particular spread. its unwinnable against them unless the swaps fail to margin collateral issues. its the only way a swap fails.
Now when looking into the baskets shown at the end of the previous post, this opened pandora's box to me.
there were SOOO MANY OF THEM. not 100's, but instead TENS OF THOUSANDS.
most have no idea how swap transactions look. they look just like network packets of a computer network, while using wireshark.
my thinking this entire time was quite simple in this, treat the finance network like a computer network, study the packets and do my best to reverse engineer the UNDER THE MARKET reportings to understand how the network flow, routing, and packet contents work.
by following this thinking, i can show you the following evidence of gamestop baskset swaps on $GME and a few other ISINS and RICS.
what i realized is that we actually had records of the baskets themselves! i never knew to really focus on these, my understanding was lacking previously.
S
i guess a good question to answer for you is, Truth, wtf is a basket swap bro. dafuqisdis?
A total return basket swap is a type of financial contract where two parties exchange payments based on the performance of a basket of assets. One party pays a fixed or floating rate, while the other party pays the total return of the basket, which includes both income generated and any capital gains. This allows the party receiving the total return to gain exposure to the basket without owning it, and it is often used by hedge funds to achieve large exposure with minimal cash outlay.
the isins listed in the basket can all be looked up, as shown :
oh gee. look. popcorn, jetblue, nokia, gm, carvana. those are indeed in baskets involving $GME.
another one which greatly peaked my interest, was the following total return basket swap on GME, involving popcorn, hood, lumn, ford, and coinbase.
this one i found after specifically searching for GME's RIC listings instead of its ISIN, as mentioned in the previous post.
You see, each suffix you see , .OQ, .N, .AX ... they all belong to different exchanges. Ill let you go back to post one for that. no reason to repeat myself anymore :)
all of these results are repeatable with the script previously provided. the good news is, if you run the script, the first thing it does is archive all archives available, so you IMMEDIATELY are the backup storage if the system goes down. redundancy is important, when journalizing financial crimes. (hi endgameDD video. glad i made you before they changed all the data) 🏴☠️
something to note as well, CFD's , historically , have been used for redemptions of the underlying instruments they represent, as shown in the gamestopswapDD first chapters.
so to see price bets on the baskets in the form of CFD's was also quite interesting. is it a bet on bet? is it a hidden entry because the swap agreement allows this? i honestly do not know, and have no way to know.
now what I think is important to mention here, is you see how im essentially just paying attention to packet form, instrument contents and identifiers, and im focusing on the flow of the assets, rather than the $ amounts. in this way, we see systemic sources of shares being accessed, but can skip all the stupid math. math is cool, but we need the entire math sentence for the mathematics to even come into play.
this is not math by omittance, this is reverse engineering the system and contents, using OSINT strategies like we did backwen. RIP anon, I miss you.
\"IT SAYS RIGHT HERE I CAN DIG INTO W/E TF I WANT. SO I SHALL.\"
now, although the baskets are a huge omittance from our education, there is actually more to the single total return swaps on GME, which are not in basket.
a LOT more. this is specifically the "more" as to why the gamestopswapDD was not added to the library, was not publicized, and why shills called me crazy instead of validating my existence, treating me fairly, or discussed the findings while all else did.
It was a series of transactions that really caught my eye, for the price tag, and when they were played. I was there on that day, and dammit, pepperidge farm remembers!
a lot of it had to do with when it was executed, effective, and expired.
Executed april 2018, Effective 6/21, expire 5/26.
also includes 1/29/21 in the chain of events as well. i thought these were important times, and especially considering the 287.35 strike on the 1/29/21 termination, i thought this could be THE swap.
imho, that was a january price, pre rise, otherwise, it was an escalation ride, we didn't stay there long.
when looking farther, first thoughts were , "well. FML. I think it might be THE swap chain. "
so i dug into this more when I woke the next day.
sure enough, looking at historical volumes for the month before and after, and doing chart comparison to see trend and correlation..
in these particular swap chains, there appears to be clear evidence of interesting time/price frames.
there is one day specifically i will focus on, as to hope others will play with me.
remember back in 2021, june, when that thing started to go wild? well there was also a sister that went wild too! for GME, i was able to deduce the singular swap which was played to the penny of the top. interesting time to swap out right? yeah. specially when looking at other stocks trends in the same baskets, and interestingly timed entries which would pair with that strange execution style they're doing.
(also yes, thats til 2026, but realize a swap does not "DIE" when it expires, it simply means the terms of the agreement are locked in, and it exists until maturity for principal and interest payment purposes.
this is a symptom of having a basket total return swap while having swaps on the individual underlyings as well! you see, june 2021 was a special day, but ill get into that later.
we have a pattern, very reminiscent of a design.
neat things about designs is they are not glitches, and there is a designer behind a design. if one studies enough, they can reverse the design, and learn how to negate the network hack. (^.^) go team.
there are very telling reasons one would enter these swap arrangements at these times, in the fashion they did. if one , perhaps, knew of which swap needed to be rolled out, and knew the basket contents, one could take total return swaps on the sisters of the main, $GME, take profits on the rise, then use those profits to create a squeeze nullifying total return swap on $GME, which could thus be used for synthetic share access.
One could percept that a total return swap would be rehypothecated for share access, but in my understanding, it would be rehypothecated for multiplying the in flows of the arrangement, while "repledging the same collateral" in support of the arrangement. I cannot prove this was done, but If the name of the game is "we need money now wtf do we do" this is what i would do if i was hacking the finance network. spoof and rehypothecate.
what that means is, the loaner of the shares, aka seller of the return swap, would get multiplied inflows while pledging the same collateral.
but asbt, why tf you think rehypothecation of anything? is there a reason you might think these?
well yes, fren, there is! i find it greatly intriguing to see network transactions be filed all for the same second, when this isn't exactly how network protocols handle packet queueing. granted, in this fashion, it sure feels like flooding, which would be indicative of operations which need to be obscurred. whether high frequency orders being shot out by a financial LOIC , or if they're spoofing the orders in an ordered method... something is odd.
you can ask how odd, but there are 114 transactions involving this basket being traded all at the same time, same second, on 4/30/24. odd is, this isn't a standard thing to find, unless searching in the swaps on certain etfs, gme's basket swaps, or spy's basket swaps. (spy is 🔑...)
this series of transactions are an anomaly in the historical records. especially when frens and i were able to deduce that these baskets include more than 8 underlings which switch out in a strangely unique way.
^ id'd list of ISIN's in this particular listing:
US36467W1099 - CANT STOP WONT STOP
US4771431016 - JetBlue Airways Corporation Stock 541867
US0556221044 - Becton, Dickinson and Company US76954A1034 - Rivian Automotive Inc Class A
US92556V1061 - VIATRIS INC. O.N. Equity | A2QAME
US00165C3025 - POPCORN Common Stock BGEM
US02390A1016 - AMERICA MOVIL SAB ADR/20 A3d8PK US4567881085 - Infosys Technologies Ltd. ADR Equity | 919668
US5854641009 - MELCO RESORTS & ENTERTAINMENT LTD ; Issue date. 03 October 2019 BK5MTP8
US6404911066 - NEOGEN CORP. DL-,16 Equity | 883297
US34379V1035 -Fluence Energy Inc Key Statistics | FLNC A3C6A3
US5657881067 - MARA Holdings Inc.
US6541101050 - Nikola A2P4A9 US82575P1075 - Sibanye Stillwater Ltd. (ADRs) (US82575P1075.SG) BLGJH95
US67576A1007 - OCULAR THERAPEUT.DL-,0001 Equity | A1180P
US77634L1052 - R1 RCM Inc - WKN A3DM9Y, ISIN US77634L1052
US18452B2097 - CLEANSPARK INC. DL-,001 Equity | A2PWWQ
technically, yes, if one did enough ta into things, there would be correlations between trends, but essentially it would be obfuscated unless one was specifically tracking the dates in the swap transaction archives.
again, to fill in a blank, i asked grok a question i know the answer to, but the goober does so well, here's a simpler answer than i can give:
Now, perhaps you can understand the complexity of this nonsense.
we have synthetic arrangements, on synthetic securities, with synthetic arrangements on top of it.
this is a meshnet of swaps which carry the same allocations forward, in a system where there is no where else to go to. they had to go fractal in the systems design, as shown by the swap trends in post one.
there is very good reason to look farther in to the deeper levels, which are not shown to you.
level 2 instruments, and level 3 instruments.
in my script i created the Codex for you.. it is a list of all instruments across every layer of the market structure, so that you can use AI and the tools around you to teach yourself, and DYOR, every layer of this stupid design.
grok is pretty good about explaining what every little part is too:
eventually, you'll be like me, spiderman, staring at spidermen.
Now, as to focus on details of the oldest ones swaps found in $gme, again,
>execution timestamp : april 06, 2018 !
>>event timestamp : january 29, 2024
>effective date : june 1, 2021
\>>expiration date : may 28, 2026
dissemination id 885521777
progenitor ID: 495456516
Notice how the dates are odd? created, then reported 5y+ later? but were modified in the middle of those dates (effective)? this proves there is a timeframe of thought process here. they fill out the effective dates when they execute the agreement. its part of the contract for delayed reporting, if in the swap agreement.
so thus therefore, we have pretense of thought of action, to be paired with action, and connections between basket swaps, total returns swaps on the individual underlyings of the basket, while playing CFD's on both layers, and also a direct connection to GME and our favorite headphone makers.
But, i dont think this is all rigged. I think there are good people who simply keep their mouth shut, but do actually DO GOOD THINGS FOR US.
in 2019, directly after these total return swaps were created, legislation changed in the reporting requirements of the security based swaps. the SEC took control of them, since they involve securities, and thats their bread n butter.
so, let me introduce 17 CFR Part 240 [Release No. 34-84861; File No. S7-28-18]
RIN 3235-AL83
Risk Mitigation Techniques for Uncleared Security-Based Swaps
These proposed rules made corresponding changes to the recordkeeping, reporting, and notification requirements applicable to SBS Entities.
It's why the cfd's started showing up in reporting requirements of funds. without this ruleset change, we'd know naught. so +1 hope. I think we're not COMPLETELY alone here. just mostly alone :p
thanks to these changes, swaps were not reported to cftc, but to other regions of jurisdiction, of which is dtcc, and sec.
this is WHY i was able to scrape, and isolate details of exactly what they did in 2018 , involving GME and this particular swap chain, which is the oldest in the records.
sadly, i can show you it was a 10 year swap, so most of the information provided to you about this, which strung you along on dates and hype, they were not exactly fully informed?
we can see these are portfolio swaps, for a price return of a single stock. the first transactions were all cash secured, so those are considered covered swaps. as for the rest, they were not cash secured, so these become uncovered swaps.
a cleared swap is a swap that is submitted by its counterparties to a clearing organization, which guarantees both sides of the swap by serving as a central counterparty. The clearing organization does this by abolishing the original swap and creating two new swaps: one between each counterparty to the original swap and the clearing organization. An uncleared swap is a bilaterally-executed swap that is not cleared and settled through a clearing organization.
to explain the difference in date mechanisms for swap reporting, ill give you three definitive reporting snips from the CFTC technical specs for swap dissemination reporting requirements.
(you have to google those words for the CFTC source, the direct link is to a pdf, reddit wont let me)
theres a few technical goof things they can do when executing these swaps, but the mainstay ingredient is they can expire over 10y after execution, and become effective(when margin rules apply, among other things) over 5y after execution. it's an interesting gamehack.
whats beautiful is now, its been long enough that we are getting the original swaps in the reporting data, as they were not effective then. we're dealing with instruments created almost 7 years ago now.
I've chosen not to publicize the dates the entirety of this time, because as long as they have margin collateral to pledge, a swap can be rolled out. thats what burry went through in the big short, he filed monthly agreements and had to pay monthly premiums to keep the bet alive. (kinda like we do wit car insurance. no pay no play).
Something to consider, and will be discussed in the next post.. If we can swap an instrument, and then a basket of swapped instruments, can we swap the etf the baskets belong to, and how do indexes apply to this game theory?
can we , possibly, put together a chain of swaps, all reliant on the exact same chain of events?
yes. I can in to the next part. im out of pic space.
(my time is short. im skipping spending time making this pretty. i care not bout that. sry. I am trying to put forth the most important sources, my methods, and the key data points to include about changes in swaps, reporting requirements, and TRYING to take ppls thinking deeper into this market to understand this is a long dated deep rooted game. im here to stop this game for good, but this does not occur unless players leave level 1. theres more levels. yall never left the first one.)
if one needs farther explanation or definitions , or even a different resource for swap record creation this user did amazing. > https://www.reddit.com/r/Superstonk/comments/1e746g9/lets_demystify_the_swaps_data_do_not_trust_me_bro/ , and i even identified 1700/2934 identified ISINs in his swap archive list.
text list of that is here> pastebin .com/wkajZUwq
I could go into great detail about gamestops actual swap archives containing 2934 different isins in a countless number of basket swap arrangements, but the fact is that particular scrape was limited in scope and omits the RIC's classified swaps.. still amazing in depth and i'm grateful for their efforts, but RIC based searches need to be ammended to his list. (also their correlation script is a godsend)
now, on to some dumb shit about etfs, indexes, and swaps.
Hopefully, this helps to entice more to look deeper..
CANT STOP WONT STOP
-AlwaysSadButTruthful
ψ(｀∇´)ψ edit:
in an interesting move, reddit decided to downgrade all of the images which i uploaded in 4k.
so, heres an imgur link of all the reports so that i make sure you can view the data.