Example 1 $500K 30 yr. mortgage at 4% [ fixed rate amortized ]
Monthly payments are $2,387.08
In this first example we will see what the annual percentage rate [ APR ]
is when a mortgagee sells their property after making payments for 8
years.
At year 8 amounts paid:
$229,159.68 Total Payments [ Pymts ]
$81,347.94 Applied to reduce Principal
$147,811.74 Paid in Interest [ Int ]
The percent interest paid [ %Int ] is just the Int divided by the Pymts
[ e.g. I loan you $100 you pay me $110 in 8 years or less is a 10% loan]
%Int = Int / Pymts x 100 = 64.50%
The APR is the percent of interest paid against the principal divided by 8
years.
APR = Int / Pymts / 8 x 100
APR = $147,811.74 / $229,159.68 / 8 x 100 = 8.06%
Call options are a zero sum market. The options themselves can always be sold back into the market. If the holder waits until the expiration date, and the options are in the money, than they will have to by the stock at the strike price and sell the stock back into the market. If the holder is out of the money, the options expire worthless.
IMO It is a planned operation. If the OPs theory is correct, USB will figure out a way to push GME stock higher, thus moving their options into the money. They can than sell those options to pay close out their naked shorts. It appears that this theory, which sounds plausible, can only be used for a limited amount of naked short covering. My thought is that USB, saving there butts, will drive GME stock skyward. USB will be ought of the naked short business for GME, and maybe a few others, but the rest will go the way of Archegos.
The actual American public office is: The President of The United States of America. [ unincorporated ]
President Trump is the CEO of the United States of America, Incorporated, a British Territorial Corporation staffed by British Territorial U.S. Citizens
Joe Biden is the "President" of the "White House Office, Inc." He's the President of a Roman Municipal City-State Corporation that is also supposed to provide us with "good faith" service under The Constitution of the United States.
1. From 1776 to 1851, the phrase "the United States" meant the Union States formed of individual counties joined together to make states holding the National soil jurisdiction, and then further organized as a Union of these states.
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From 1776 and onward it has also referred to the Holy Roman Empire (now Roman Municipal) Federal Subcontractor operating under The Constitution of the United States.
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In 1851, to honor the fact that English is our official language and to reduce the confusion caused by having our Union States and the HRE Federal Contractor operating under the same name, the Union States have been known as The United States and the Municipal Federal Subcontractor has been known as the United States.
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Now know that "the United States of America'' is a separate British Territorial entity and another Federal Subcontractor with its own Constitution, The Constitution of the United States of America.
Example 2 $500K 30 yr. mortgage at 7% [ Today’s fixed rate ]
Monthly payments are $3,326.51
In this second example we will see what the annual percentage rate [ APR ] is when a mortgagee sells their property after making payments
for 8 years.
At year 8 amounts paid:
$319,344.96 Total Payments [ Pymts ]
$52.541.39 Applied to reduce Principal
$266,803.57 Paid in Interest [ Int ]
The percent interest paid [ %Int ] is just the Int divided by the Pymts
[ e.g. I loan you $100 you pay me $110 in 8 years or less is a 10% loan]
%Int = Int / Pymts x 100 = 83.55%
The APR is the percent of interest paid against the principal divided by 8
years.
APR = Int / Pymts / 8 x 100
APR = $266,803.57 / $319,344.96 / 8 x 100 = 10.44%