Western Alliance Bancorporation (WAL) Options

Western Alliance Bancorporation NYSE $WAL Total Debt (mrq) $9.84B

Marker:

WAL

$40.63 -0.51 (-1.24%)
Volume: 2,525,524

World’s Empty Office Buildings Become Debt Time Bomb

Natalie Wong

Bloomberg News

John Gittelsohn

Bloomberg News

Jack Sidders

Bloomberg News

Shawna Kwan

In New York and London, owners of gleaming office towers are walking away from their debt rather than pouring good money after bad. The landlords of downtown San Francisco’s largest mall have abandoned it. A new Hong Kong skyscraper is only a quarter leased.

The creeping rot inside commercial real estate is like a dark seam running through the global economy. Even as stock markets rally and investors are hopeful that the fastest interest-rate increases in a generation will ebb, the trouble in property is set to play out for years.

Infinite spiral up continues in Fed lending to Banks unstoppable until the final crash arrives x.

Fed knows there are going to be more bank failures. Officials seem to be counting on it. Why you don't hear about BTFP going up. Hubris. To these academics, this is a sign their "tools" are working when, like '08, more at the Fed means less circulating organically in real money. pic.twitter.com/y6o00Kc50W— Jeffrey P. Snider (@JeffSnider_EDU) June 17, 2023

At same time use of Fed's BTFP is rising, repo volumes are up again, too (just before quarter-end). This sounds like a good thing and would be if not for that whole banking crisis in the background. In fact, higher volumes are part of the crisis.

At same time use of Fed's BTFP is rising, repo volumes are up again, too (just before quarter-end). This sounds like a good thing and would be if not for that whole banking crisis in the background. In fact, higher volumes are part of the crisis. pic.twitter.com/zOsacwc3aX— Jeffrey P. Snider (@JeffSnider_EDU) June 17, 2023

Late payments for commercial real estate mortgages rose last quarter as pressure builds for the US property market.

https://news.yahoo.com/payments-commercial-mortgages-piling-higher-214328465.html

"Ongoing stress caused by higher interest rates, uncertainty around property values, and questions about fundamentals in some property markets are beginning to show up in commercial mortgage delinquency rates," MBA's head of commercial real estate research Jamie Woodwell said in a statement.

"Delinquency rates increased for every major capital source during the first quarter, foreshadowing additional strains that are likely to work their way through the system."

NYSE: WAL
Western Alliance Bancorporation (WAL) Dividend Yield, Date & History

May 26th quarterly dividend was $.36

Source:
https://www.marketbeat.com/stocks/NYSE/WAL/dividend/


Good luck!
.

And yet we did NOT hit $3 per share, as you pretty much assured us it was going to do this week. Off by a factor of .... 1000%. Wow. Biggest misstep I've seen in a while.

LOsing my shares today at $35 on covered calls. But bought as low as $19, and most at $24, so I'm okay. And I'll wait for the next panic to drop it, if it does, and buy again then.

Also selling some puts today, for WAL and MCB. Way out of the money, for 1 week out. Should be easy money, and if it is not then I'll own at a way lower price again. Either way, I like the results. And just in 1 week.

June 1st fast approaching get ready for the ride.

Yes they are.

Anyone konw if WAL is paying a dividend this week?????

Bank Term Funding Program lending hit $87 billion, from $83.1 billion on May 10

Banks not able to payback emergency loans.
Not only did BTFP use go up, Primary Credit use doubled this week to more than $9b. If this had happened in, say, late February it would've been a much bigger deal. This should be zero not going back up. Banks aren't able to repay emergency borrowings. pic.twitter.com/J4QRBE8Dsb
— Jeffrey P. Snider (@JeffSnider_AIP) May 19, 2023

WAL Great News just out! ==> https://finance.yahoo.com/m/7a59bff4-3cd7-3365-880e-62e3692e1450/western-alliance-keycorp.html

Marker:
WAL-A
Preferred Series A
$10.60 -0.84 (-7.3%)
Volume: 868,706

*Evidently Preferred shareholders were not convinced the bank is out of the woods.

WAL released an update this morning.
Deposits up. Insured accounts up. Things looking good. Just so people know they are strong, with facts to back it.

Of course, some "analysts" can't read and comprehend that. They continue to falsely claim WAL is in trouble. Yet, they give zero reasoning or facts behind their thoughts. Just vague statements that it is going to fail, in SPITE of strength happening on the books.

I'll stick with what the bank says. As long as they show numbers to back it.

PAC_W getting spanked, I heard WAL is next, WAL will be gifted to JPM soon along with PAC_W. IMO

Make up your mind. It was supposed to be at $2.80 THIS week, and gifted to Chase THIS week. Now it is a "few" weeks?

ANd doesn't look good that it will be $2.80 later this week, does it?

From last week ...

"WAL $2.8 next week, after they gifted WAL to JPM"

Team Kaka at work! Goaaal!
LOL

WAL has so much drama like Credit Suisse, this will be gifted to JPM in a few weeks. IMO

For those new to stock trading this is a NYSE they don't behave like OTC they move slower but the reward can be extremely good

I agree this one still has potential I've been flipping stocks on and off for 40 years I agree mid-thirties by eow never sell at a loss if you can't afford to average down sit on it

This will trade in the mid 30s by the EOW, IMO.

WAL $30 what a recovery from $11 short & distort attack last week

Zero percent chance that the SEC does anything about illegal activity nor will they ever. Big money rules! Gary Gensler head of SEC is a Goldman Sachs alumni and guess how Goldman Sachs makes most of its revenue…

@PatrickByrne

At the core of the business model of Goldman Sachs is a crime. It creates 75% of their prime brokerage revenue by illegal naked shorting. And every several years, when they get caught, they pay a tiny parking ticket.

Goldman was just fined $3 million for "mistakenly" marking short sales as longs

It allowed the firm to short millions of shares while short sale circuit breakers were in effect, over a period of 3 years(3 whole years!!)

So Goldman breaks the rules, profits, and then FINRA… Show more



At the core of the business model of Goldman Sachs is a crime. It creates 75% of their prime brokerage revenue. And every several years, when they get caught, they pay a tiny parking ticket. https://t.co/VRQT2INZBU— Patrick Byrne (@PatrickByrne) April 5, 2023

The Streets vs Wall Street. So much easier to commit crime with stocks as there are no penalties and no repercussions from non enforcing agencies SEC or FINRA. Crime pays on Wall Street.

Prior to his public service, Gensler worked at Goldman Sachs, where he became a partner i

https://www.msn.com/en-us/money/topstocks/here-is-what-to-know-beyond-why-first-republic-bank-frc-is-a-trending-stock/ar-AA1aGHde?ocid=msedgdhp&pc=U531&cvid=adab245f41a24b42ffc2fb2aeee017c7&ei=14 This is real value. What did Jamie Diamond do.

Exactly !!!!
The SEC will put a STOP to this Illegal Shorting going on now and after Wednesday and Thursdays action, You can believe the SEC is on top of this BS.
IMO, this will allow WAL to run freely back up to where it should be trading .....

With with volume like this I don't think it's done with a 52-week high of 83 dollars I'm watching it I might get in

Marker:
WAL- A
Preferred Series A
$12.06 2.20 (22.3%)
Volume: 557,121

*Bounce before the next leg down?
The trend indicates it is.

WAL is best for Shorting right now, then cover after the regulators take over and gifts it to JPM. IMO

WAL $2.8 next week, after they gifted WAL to JPM. IMO

wow $28 high

i missed that move above $26 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171848341

Oh man, I exited too soon. Knew it had more in it but I don't have the stomach to hold a bank stock over the weekend.
You deserve your winnings!
Don't spend it all in one place :)

WAl IS CLOSING GAP

WAL out at $25.98 (Day)
Filled at $25.98
I got in @23.87 a few hours ago

+$2.11/share scalp

I think it will go higher by the end of the day and next week but I don't have the stomach to hold a bank stock over the weekend.

It was a good trade and I took it!

WAL $26!!!!!!!!!!!

WAL Quote AS OF 5/05/2023 11:19 $25.00 +$6.80 (+37.363%)
Bid x Size
$25.00 x 11
Ask x Size
$25.05 x 3
Volume
16,989,085
90 Day Avg. Vol.
6,700,715
Open
$23.36
Previous Close 05/04/2023
$18.20
Day Range
Indicator is at 76.56%
Low$22.551
High$25.75

Strong Short manipulation. PACW survived oversold. Maybe there will be a follow thru short run

WAL Quote AS OF 5/05/2023 10:52AM ET
$24.301 +$6.101 (+33.522%)

Third attempt to break 24. Squeeze the unamerican shorts! Trying to knock every bank down..
:)

Banking sector under manipulation they might crash it further with interest. going up

doubt it, based off their PR, unless they lied and open themselves up to litigation

https://ih.advfn.com/stock-market/NYSE/western-alliance-bancorp-WAL/stock-news/90961327/western-alliance-bancorporation-issues-statement-d

WAL Bloomberg: Western Alliance Says ‘No Truth’ to Report of Deal Talks
by Max Reyes and Steve Dickson

https://stockcharts.com/h-sc/ui?s=WAL

Thu, May 4, 2023 The Financial Times reported Thursday that the Phoenix-based company has hired advisers to explore its options, citing two people familiar with the matter, adding that the bank’s deliberations were at an early stage and might not come to anything.

In a statement later in the morning, Western Alliance said it’s not exploring a sale nor has it hired an adviser to explore strategic options. The story “is categorically false in all respects. There is not a single element of the article that is true,” Western Alliance said, adding that it’s “considering all of our legal options in response to the story.”

The Banking sector under coordinated short pressure. I didn't think FRC would fail.
PACW still under pressure. I missed the bottom.

WAL will no longer trade next week just like FRC. IMO

WAL is the next FRC, lets see what happens this weekend, this will be gifted to JPM. IMO

WAL Fidelity Brokerage required 100% cash.

Fidelity is such a nanny company ... sheesh

WAL Just took a stab at 23.87 for a scalp trade.

https://stockcharts.com/h-sc/ui?s=WAL

--JPMorgan Upgrades Western Alliance Bancorporation to Overweight From Neutral, Price Target is $46
MT NEWSWIRES 31 mins ago

WAL 25.50

$WAL $24 FROM YESTERDAY 18.20 CLOSE

Your options are all false. Look at gns.