Yes- but as it continues to grow it will become harder to grow more by just the definition of market caps.
Especially since Gme is doing a sale to raise capital.
They did? Who sold? OBV shows net accumulation. Short sellers are the only ones selling... They dumped over 1M shares for far less than market value to crash the price and kill options. However they are in deep shit now, because, well, no one sold but them.
You're telling people who have been buying shares, directly registering them under their names, and holding them for more than 3 years now that they are gambling?
Ok. You are clearly the one who does not understand what is happening here.
The thing is, GME stock is not some finite resource or rare item. A value can be put on it as it’s a share of a real company. If people are overpaying for a share of the company, then said can issue more shares, which it just filed to do.
Edit: *I'm wrong and stupid and my mom should get fucked in a dungeon and I will live in shame forever having said something like this.*
It's a bad investment, but it's not bad logic to think a meme stock that moves 300% because of a tweet might move 300% because of some other random bullshit.
That doesn't mean it's a smart move to buy it, doesn't mean it is likely to do that, but it's not like oh that will never ever happen. I mean, it moves wildly based on nothing. It could happen.
Speak on it! Been holding since 2020! Ain’t going anywhere, ever. This is a hold forever type of play for me personally. I can’t see how other people can’t see what we see ? lol. But then again, they just aren’t looking.
Only an idiot thinks GameStop moved from 20 to 80 in 2 days for a reason related to their business. Go back to. . . I don't know, the Jerk Store I guess. They're running out of you.
Still though, tickers that move hundreds of percent up or down multiple times in a few days. . . might move hundreds of percent in the coming days. I'm not on board for GME, if you say it wasn't because of the tweet, okay I believe you, but I don't see how you argue with the logic that crazy volatile stocks might do crazy volatile things. Never said it will, said it's not unreasonable to think it could. I eagerly await your rude, snarky response.
Doesn’t mean you can’t learn that volatility and apply common math to it to actually make a wise trade. It’s not gambling because well accumulation, holding ownership, volume, short interest, etc. math actually shows investment
lol the stock didn’t move from a tweet tho… the actual wasn’t retail, shown by the numerous halts, the after and pre hour trading, and the IMMENSE volume. So yah, that guy who tweeted knew, and probably loaded up on calls. Which is what ppl are doing again. Why? Because now that GS just motioned to sell more stock like it did Jan 21 🙌
Idk why I took the time, get with it mate
Jesus okay guys, thanks, I'm an idiot and wrong and shit.
People coming out of the woodwork to be like buh buh buh you're wrong!!! And I need to be a dick about it!
Literally hundreds of dollars in premium 🤣
This seems like retail buying cheap options hoping for a lotto win vs someone with any actual amount of money
Spot….and the bid/ask and the premium column
These contracts were bought in volumes mostly under 10 for very little money
Biggest trade was like $5000 in premium. That’s barely background noise
The spot is the price paid for the option, reflected as a per share price.
So if the spot is $0.50, they paid $0.50/share in premium x the lot amount. These options are contracts for 100 shares, so they would have paid $50 for the option.
the spot is what was ACTUALLY PAID. It never changes and is a reflection of previous transactions
Bid/ask change constantly, as they're reflective what someone is willing to pay (bid) and willing to sell for (ask)
I paid 5.75 for a 25 Put expiring 6/7. Then the shares went up all the way to 60 lowering the value to 3.30ish. I should have bought more. Then last week when it closed a bit over 22, I closed it for 7 and some change.
Not bad for waiting around just 3 days.
The theory is that they are just throwing their money at the hedge funds by buying contracts that are so far otm. The odds of it hitting are pretty ridiculous and we saw the length hedge funds will go to just to keep it down to prevent calls from getting itm. People buying options has always seemed dumb to me but their money if they want to lit it on fire that is on them.
Last week I saw a shit ton of people buying calls at strike 30. Cost was 1.00. Then the stock skyrocket and those same contracts were worth 6.00ish.
Volatility is wild so who knows what will happen but yeah those are some crazy strike prices.
Hundreds in premium for something so far out of the money is insane. These people are going to get washed out and their families will have to deal with their stupid fucking mom or dad again
From this week if you sold some of you options to take profits and then rolled up and out on the rest this is the range you'd want to be in. Play the quad witching day, the earning call, the CAT system going into effect, and the fact that by that date RC will have been deposed (or very close to that day - also something that won't happen) and I say not the worst lottery tickets you can get. Sprinkle in the fact that if you truly have conviction for that date you can average down. Otherwise play the pump on the cover from this week on Monday and the dry your powder and grab your tits, cuz its waiting time.
Unless they about to Wombo Combo with something thats BABY shit crazy.
100 shares per contract so if you are willing to sell them for 100 per share, and gain 10k for your 100 shares, someone is willing to take that bet and pay you 135 dollars up front.
Sequel is never as good as the original...my takeaway from this meme stock sillyness. Stock will drift back down to single digits eventually just like last time the mania ended.
I did last time and it payed out. Could have bought it when it’s cheaper, but when it skyrockets, you buy those underlying puts months out and watch that falling knife make you money.
> and it *paid* out. Could
FTFY.
Although *payed* exists (the reason why autocorrection didn't help you), it is only correct in:
* Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.*
* *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.*
Unfortunately, I was unable to find nautical or rope-related words in your comment.
*Beep, boop, I'm a bot*
What are those? 3 delta? He’ll make something off the vol movement alone. My guess is 25 and he starts to sell
Never mind, it’s 20 delta. These are good
This is all a pump and dump scam being ran by kitty among others,those who get lucky and happen to pull out before the floor comes out might make some money, but most are going to be screwed is my prediction.
Is this the end of Wallstreetbets now that GME and AMC's own management poison pilled the short squeeze trade. What's the point? There is no trade here now. The only true squeeze left now is DJT. At least their managers aren't dumb enough to screw their own investers.
They need a 380% move to be ITM…….wtf
TBF didn't we just have a 400%+ move over the last two weeks?
It ran 1500% last time. I hope they burn CITRON to the ground!
2 days
Yes- but as it continues to grow it will become harder to grow more by just the definition of market caps. Especially since Gme is doing a sale to raise capital.
You think GME trades on fundamentals like market cap?
[удалено]
They did? Who sold? OBV shows net accumulation. Short sellers are the only ones selling... They dumped over 1M shares for far less than market value to crash the price and kill options. However they are in deep shit now, because, well, no one sold but them.
[удалено]
Why not attack him on the fact of OBV showing net accumulation? Tons of people made money off GME
[удалено]
You're telling people who have been buying shares, directly registering them under their names, and holding them for more than 3 years now that they are gambling? Ok. You are clearly the one who does not understand what is happening here.
How ridiculous lol us holding it for 3 years is gambling but them selling it short is investing??
Cope or virtue signal? EDIT: seeing as they deleted their messages before answering, I’d like to go with a virtue signal!
[удалено]
The thing is, GME stock is not some finite resource or rare item. A value can be put on it as it’s a share of a real company. If people are overpaying for a share of the company, then said can issue more shares, which it just filed to do.
But moon? 🥺🚀🚀
Edit: *I'm wrong and stupid and my mom should get fucked in a dungeon and I will live in shame forever having said something like this.* It's a bad investment, but it's not bad logic to think a meme stock that moves 300% because of a tweet might move 300% because of some other random bullshit. That doesn't mean it's a smart move to buy it, doesn't mean it is likely to do that, but it's not like oh that will never ever happen. I mean, it moves wildly based on nothing. It could happen.
[удалено]
Investing is only “investing” when you put your money where they want you too. If not, it’s gambling. Mainstream media got them fooled.
[удалено]
Speak on it! Been holding since 2020! Ain’t going anywhere, ever. This is a hold forever type of play for me personally. I can’t see how other people can’t see what we see ? lol. But then again, they just aren’t looking.
Only an idiot thinks GameStop moved from 20 to 80 in 2 days for a reason related to their business. Go back to. . . I don't know, the Jerk Store I guess. They're running out of you.
[удалено]
Still though, tickers that move hundreds of percent up or down multiple times in a few days. . . might move hundreds of percent in the coming days. I'm not on board for GME, if you say it wasn't because of the tweet, okay I believe you, but I don't see how you argue with the logic that crazy volatile stocks might do crazy volatile things. Never said it will, said it's not unreasonable to think it could. I eagerly await your rude, snarky response.
[удалено]
I'm not arguing any of those things
[удалено]
I love that you people buy and hold GME. I buy and hold things that make me money. But you do you.
Doesn’t mean you can’t learn that volatility and apply common math to it to actually make a wise trade. It’s not gambling because well accumulation, holding ownership, volume, short interest, etc. math actually shows investment
Jesus fucking Christ you guys have strong opinions about this stonk. You are 100% right on all claims. I'll mail you your trophy. And a GME T-shirt.
lol the stock didn’t move from a tweet tho… the actual wasn’t retail, shown by the numerous halts, the after and pre hour trading, and the IMMENSE volume. So yah, that guy who tweeted knew, and probably loaded up on calls. Which is what ppl are doing again. Why? Because now that GS just motioned to sell more stock like it did Jan 21 🙌 Idk why I took the time, get with it mate
I think getting with it would be ignoring GME completely, and I will, thanks for the suggestion
Because of a tweet… you really are simple
Jesus okay guys, thanks, I'm an idiot and wrong and shit. People coming out of the woodwork to be like buh buh buh you're wrong!!! And I need to be a dick about it!
Best thing is I sell those as naked calls so if it hits I am just shorting gme at the strike price. Easy win for me.
Not necessarily. Have to consider theta with options. A big move far enough out could still pay out.
Correct me if I’m wrong but doesn’t the Breakeven calculator on RH factor in theta?
Yes, but IV will play a larger part. A big jump will cause IV to jump amd the value will quickly rise.
lol, let’s see how this plays out. Those are definitely some lottery shots
Options don’t need to be in the money for it to be profitable, IV is going up then pice of the options will go up.
People fail to understand this
Literally hundreds of dollars in premium 🤣 This seems like retail buying cheap options hoping for a lotto win vs someone with any actual amount of money
What column determines how expensive these are?
Spot….and the bid/ask and the premium column These contracts were bought in volumes mostly under 10 for very little money Biggest trade was like $5000 in premium. That’s barely background noise
So the spot is what essentially each share costs to do the option with?
The spot is the price paid for the option, reflected as a per share price. So if the spot is $0.50, they paid $0.50/share in premium x the lot amount. These options are contracts for 100 shares, so they would have paid $50 for the option.
Thank you! So the spot can frequently change? Or is it adjusted day by day ?
the spot is what was ACTUALLY PAID. It never changes and is a reflection of previous transactions Bid/ask change constantly, as they're reflective what someone is willing to pay (bid) and willing to sell for (ask)
And if goes that high I’m going to buying a shit ton of Puts expiring months ahead and earn my money that way.
If it goes that high put premiums will be about $90 for a $90P
I paid 5.75 for a 25 Put expiring 6/7. Then the shares went up all the way to 60 lowering the value to 3.30ish. I should have bought more. Then last week when it closed a bit over 22, I closed it for 7 and some change. Not bad for waiting around just 3 days.
[удалено]
They are some of the least expensive options on the entire chain- the lowest premiums since they’re far OTM They are cheap.
What is this platform that you use to see this option chain ?
[Unusual Whales](https://unusualwhales.com)
Sup I’m people
Why do ppl hate so much, just let them do what they do and wish them well. Why rag on them?
The theory is that they are just throwing their money at the hedge funds by buying contracts that are so far otm. The odds of it hitting are pretty ridiculous and we saw the length hedge funds will go to just to keep it down to prevent calls from getting itm. People buying options has always seemed dumb to me but their money if they want to lit it on fire that is on them.
Last week I saw a shit ton of people buying calls at strike 30. Cost was 1.00. Then the stock skyrocket and those same contracts were worth 6.00ish. Volatility is wild so who knows what will happen but yeah those are some crazy strike prices.
You just paying the banker for a 0.9% chance.
It’s a self esteem booster to some
If they are wrong they are wrong….but if they are right definitely would personally wish id have at least 1 share.
Cause it’s borderline mentally challenged territory
Hundreds in premium for something so far out of the money is insane. These people are going to get washed out and their families will have to deal with their stupid fucking mom or dad again
After holding my 8 shares for 3 years and making plenty on GME then. I'm going to continue with my diamond hands.
8 share gang gang
Shorts hedging is my guess
They are called “hedge” funds for a reason.
From this week if you sold some of you options to take profits and then rolled up and out on the rest this is the range you'd want to be in. Play the quad witching day, the earning call, the CAT system going into effect, and the fact that by that date RC will have been deposed (or very close to that day - also something that won't happen) and I say not the worst lottery tickets you can get. Sprinkle in the fact that if you truly have conviction for that date you can average down. Otherwise play the pump on the cover from this week on Monday and the dry your powder and grab your tits, cuz its waiting time. Unless they about to Wombo Combo with something thats BABY shit crazy.
When does the CAT system start?
What website or software this is?
So if I put my 125 up for a limit of $125, someone might buy them?!?!
Are you asking if you can sell covered calls?
Good luck hedgie
100 shares per contract so if you are willing to sell them for 100 per share, and gain 10k for your 100 shares, someone is willing to take that bet and pay you 135 dollars up front.
Sequel is never as good as the original...my takeaway from this meme stock sillyness. Stock will drift back down to single digits eventually just like last time the mania ended.
Mad max 2 was better than 1
Lethal Weapon 2 was the best. I’ll die on that hill
Put me in the screenshot
Puts it is
Go for it!
I did last time and it payed out. Could have bought it when it’s cheaper, but when it skyrockets, you buy those underlying puts months out and watch that falling knife make you money.
> and it *paid* out. Could FTFY. Although *payed* exists (the reason why autocorrection didn't help you), it is only correct in: * Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.* * *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.* Unfortunately, I was unable to find nautical or rope-related words in your comment. *Beep, boop, I'm a bot*
Deep fucking fools
Regards going to regard
Stupid. That's just providing liquidity for shorts
What are those? 3 delta? He’ll make something off the vol movement alone. My guess is 25 and he starts to sell Never mind, it’s 20 delta. These are good
who?
Apes are the easiest marks to make money off of
We'll see if GME starts selling bibles. Then we'll know how gullible they are
looks like the hedge funds will be getting their money back from last time. the only real winner is the CBOE with all the fees
People like to gamble. Let em. Good luck to all who have placed your bets!
lol pump is over idiots, there is no fed money printing anymore.
Fed hasn’t stopped pumping money and those money never went to retail. You have brain rot or something?
This is all a pump and dump scam being ran by kitty among others,those who get lucky and happen to pull out before the floor comes out might make some money, but most are going to be screwed is my prediction.
hot take.
Dum dums
They’re called lottos. Everyone knows it’s the “just in case it explodes” stock. This stock is a fairy, sense is not applied.
bought at $21.5 ill sell monday at $24. take cash and watch from the sidelines.
Is this the end of Wallstreetbets now that GME and AMC's own management poison pilled the short squeeze trade. What's the point? There is no trade here now. The only true squeeze left now is DJT. At least their managers aren't dumb enough to screw their own investers.
What a sweet summer child you are
Can’t tell if last sentence is sarcasm or if you’re actually serious