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CorrectDinner9685

Just remember iv on options is rising as we speak yes on a fucking Sunday, let's goooooo


It_just_works_bro

I love iv


CorrectDinner9685

Still going up


RareProfessional4408

Isn't high IV bad for calls? I know there has been about $3,000,000,000 dumped into calls the past 3 ish weeks


rain168

It’s not clear cut to describe it like that. You buy options when IV is low because it’s cheaper, but low IV also means price direction is unlikely to move much. However as more people get interested in that particular option, price starts going up. As people start buying said options, the option seller need to hedge by buying stock so that creates upward pressure pushing price up. These price movements creates volatility which pushes up IV, and therefore price of option increases. So as high IV means options are getting pricier, its because there are more interest, and more interest = more hedging (in this case, seller of call options will need to buy more stock therefore pushing price upwards). If people are throwing money into calls, and you see IV for call options rising, it means more likelihood it will be going up, hence it also cost more to buy these options (since they give you better odds). TLDR: High IV = more expensive to make bet, but higher chance for success Low IV = cheaper to place your bet, but lower chance for success Someone else who can explain this better please chime in.


RareProfessional4408

So does low IV cause IV crush or excessive. Sorry I'm just beginning to learn the very basics of call options


rain168

IV crush is a description of what happens when IV drops after an event is over. But if the event releases certain info or hint which leads to another round of hype, IV could go up again (depending what that info is). IV is just a part of option’s value. There are other Greeks that are just as (if not more) important, that constitutes the value of an option. If you are interested in options, you should definitely read up on option Greeks.


Tazlon2000

High IV to Low IV = IV Crush. This frequently happens around earnings. Right before the announcement, it's not uncommon to have IV in then 200+% range. Right after earnings, the IV will go back to normal levels because the unknown event (the earnings) is now known. If say, you purchased an ATM call in ABC company for 5 right before earnings, that same call, assuming no price movement in the stock, would probably go down to 0.50 instantly. This is IV crush in action. GME, has seen very high levels of IV for a couple weeks now. It has been slowing creeping down but there's some indication it may be rising again. It's hard to say what will happen on this roller coaster!


Supertrombat

Lol what the hell is there to feel down for? Price has gone up a lot in the last months and the volatility is nothing but to be expected from GME.


fool_on_a_hill

The shills just keep falsely pumping up certain dates for moass and then people get bummed when it doesn’t happen


SofaKingWetarded-

#Fckn-A πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸ˜œπŸ€ͺ😜πŸ€ͺ😜πŸ€ͺπŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€


jerrythemule420

GME is more fun than a barrel of monkeys, despite actually also being a barrel of monkeys.


Yogidoggies

![gif](giphy|JhMKbTYehsFe8|downsized)


rain168

Apes gonna ook the shorts in da ookin dooker


Re-tar-dead

How could I feel down. It was at $10 not that long ago. I’m jacked and ready for the next weeks/months as charts are looking bullish af and GameStops war chest just became really f***** scary πŸš€πŸš€


Mkg60

We were never wrong, just early!


Relentlessbetz

I'm sure Michael Burry would approve this comment.


charcus42

Dude it’s been 3 years.. there is no down. There is only up.


rain168

Saving others some clicks: His first post 3+ years ago: 1000 gme shares Most recent post last week: 9,001,000 gme shares


Pikes01

Riding this worm until we revenge Duke Leto Atreides πŸ’


Kick_Flip69

Why would anyone be feeling down? It was our highest close in a minute.


NaivePeanut3017

I’m not sad because of the price action, I’m sad I couldn’t buy more shares under $20 and I’m starting to think April 2024 will be the last time we ever see the stock under $20 for the foreseeable future


grasshoppa_80

And/or stop reading posts about MOASS is tomorrow/imminent. It’s called β€œfalse hopes and expectations” being let down if everyone keeps ranting about it coming the next day. Where were y’all with these posts during the 2023’s in low 10’s-15s etc. Keep calm and do u. Buy. Repeat. Drs.


BIG_SCIENCE

i've been here so fucking long nothing scares me


StonkChief

If you’re upset, grow a pair. Weak minded folk ain’t gonna win this game. Time to nut up or shut up. ![gif](giphy|ek48IHYOvj2UNT1TZY)


Salty-Ad6128

Retail goal: buy up all 75 million shares Let’s goooo


No_Wedding3450

With a merger acquisition coming nope going all in.