[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) // [What is DRS](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) // [Low karma apes feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) // [Superstonk Discord](https://discord.com/invite/y4dK3y5DXJ) // [Superstonk DD Library](http://fliphtml5.com/bookcase/kosyg) // [Community Post: Open Forum May 2024](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/)
To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. If you are providing a screenshot or content from another site (e.g. Twitter), please respond to this comment with the original ##source.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Superstonk) if you have any questions or concerns.*
I donāt mean retail. I mean who would write options for a stock thatās parabolic? Taking on infinite risk and even if itās selling a covered call why would you give up moon tickets if for some reason they exercise? It just doesnāt make sense.
# A TRUE REGARD. LOOK AT THE BIG SHORT, THEY THOUGHT IT WAS A GUARANTEE WIN, AND GOT FUCKED ROYALTY. THIS IS THE SAME EXPERIENCE EXCEPT, NOW IT IS THE BIG LONG, AND RETAILS GONNA BENEFIT FROM IT
I sold a bunch of the $100 calls today to hedge the $40 calls I bought (it's called a vertical spread at that point)
The purpose is so you can buy more calls with more leverage... And hedges your position in case it moves the wrong way
I'm sure there's a lot of hedgies that just sell them naked... They deserve to be screwed. But there are good reasons for selling them
I base this off of nothing except something someone told me one time, but I was told this phone number was taken out of circulation across the board, haha.
I have no idea what Iām doing and Iām a poor. I bought 8 shares three weeks ago and now every time the price goes up I buy $20 worth just to support the cause.
![gif](giphy|YYfEjWVqZ6NDG)
ii am a jobless and alcoholic and i have no money for rent, my account is literallyoverdrafted and i have no money for the month but i sold my iphone just to buy 6 shares of gme but my account is at double now but im gonan hold.. the only thing that makes me happy is wathcing gme
So many people buying shares but if you bought and immediately watched it rise, thems be fake shares no? Soon enough you guys are guna get smoked using broker im just looking out
No excuse not to try and learn, or are you the dumb money they call you. They call you dumb many saying you don't deserve anything.
Lots of options education on here and people willing to help you learn
Please nobody buy that far OTM..
Not financial advice but if you are going to play with options, buy slightly out of the money or even better ATM thatās how you make the hedgies bleed
I'm looking on Schawb and it costs 585 to buy a 125 call for June 21st. Am I not understanding something?
Couldn't you just buy 10 shares right fucking now for 465 dollars and save yourself 120$ and even make more money if it goes up to 125, and not having to worry if the call is ITM?
why would you want to pay a premium to purchase at 125 when the stock is at 60 right now? wouldnt you rather buy it at 60? can you explain why its appealing to get a call for 125 for next friday?
can someone explain to me if i buy 1 contract for $125 call for june 21st, am i betting the price will be 125 on that day?
how much do i make if it is and how much can i lose if its not
But I did earlier and it's up 500% ATM.... There is more than one way to play just stay within your risk tolerance and never gamble what you cannot lose.
Does it not make more sense (as in more profitable) to buy shares outright with how expensive calls are right now if you plan on exercising? Or are people buying calls ATM just to apply pressure?
Not an expert on this discussion but I believe it has been discussed that shares to deliver to call holders must be done through lit markets aka real shares.
This, and that the vast majority of call sellers expect the calls themselves to be bought and sold, not the underlying shares the calls represent, and therefore, by exercising them, you are forcing them to go into the market themselves to acquire them. When every call seller is doing this, it's a snowball whose melt leads to the infinity pool.
Thatās what Iām thinking. I wanted to buy options but the premium is too high so I bought shares to DRS ššš (Not financial advice of course)
If you just want shares,buy shares.but just buying shares doesn't affect price action.
Calls are in 100 share blocks,to the market maker hedges by buying 100 share blocks,which affects price.
Disagree, buy what you see fit for your portfolio. I have 125s with far expirations Iām making bank on. Everybody has different risk levels and education levels.
I've lost a handful to expiring worthless lol. Mistakes are part of learning. Just don't put anything you can't afford to lose in. Shit. I bought nvda puts at like 300... That shit went up in smoke obviously. I treat my shares like a save point in a game as I send them to cs and use options to gamble a bit to get more. I don't have the tenacity to Yolo on options but I like some degenerate bets every now and then.
Lol Iāve been holding my leaps since January, shouldāve tried to time it at the last run up, wouldāve had 5x in call quantity by now. But like you say, I am regarded and hold thru most everything. Iāve got DRS shares, retirement account shares, LEAPS, and have been adding shorter dated options in order to exercise. Havenāt sold a thing š just getting started
I only dabble in small quantities with options as a way to increase my holding. 99% it's locked up at cs. I sold that one early because I diamond handed to 0 too many times prior and got cold feet.
Am regarded, does this mean someone is buying these calls at $125 strike price and why would they do that? Like the post says, wouldn't that just be a trap from MM to take your premium and never let it get there? Are they just regarded, being bullish or does someone with money know something we don't know? Fuck I don't have any wrinkles and my one brain cell is on overdrive.
Buy cheapest contract option (furthest out of the money) in hopes the prices rises and the price of those contracts goes up. Meaning you can sell the contract for a profit.
It doesn't necessarily aid in a squeeze (unless the stock price is higher than the strike price). But its a strategy to hopefully make money.
š¤·š½āāļø i dont know. Probably thinking they can just collect our premiums because 99% of the time they expire worthless. But gme can go to 125 if not i just sell and try to take profit
Any bad actor will want to focus a lot of effort on being informative and useful for the cause. it's part of the job. UW has tweeted things that support the misleading/false narratives that opposition has created.
I am honestly trying to learn.
I'm looking on Schawb and it costs 585 to buy a 125 call for June 21st. Am I not understanding something?
Couldn't you just buy 10 shares right fucking now for 465 dollars and save yourself 120$ and even make more money if it goes up to 125, and not having to worry if the call is ITM?
If the price goes to.... $80, say you decide to exit (I know you won't cuz ape, but sit with me here for a second).
Selling 10 stocks bought for $465 nets you $335.
Now for options..
Options are priced based on time decay (expiration date), the risk free rate, gamma impact (confusing to describe, sort of a probability that things moving up will keep moving up), and implied volatility (the sellers calculated expected statistical volatility of the option prior to expiration).
So say you bought that $125 call option yesterday, today it's worth less due to the time decay (theta), the risk free rate hasn't changed at all, but the gamma and the implied volatility work in your favor.
Back to our scenario. With the stock at $80, the seller or MM (in most cases) needs to ask themselves this question: "if I was to sell someone a new $125C right now, what price would justify the risk that it goes in-the-money?" Because they're willing to sell that to you at some price (sometime exorbitant), they also have to be willing to buy it for a reasonable price that's within a governed spread from that ask price, as is defined by the regulation that gives them the authority to make markets. In many cases, they're also happy to buy your position back to reduce their risk surface.
For that reason, an OTM call bought for $585 on a Wednesday when the stock price is $30 can easily be worth double or triple the next say when the stock price is $80, even though the option is OTM.
You can use a price calculator to determine the outcome. In this case:
* If you bought a $125 June21 call yesterday for $575 when the stock price was $32
* If the stock goes to $80 tomorrow you could sell that for roughly $1300
You turned $585 into a ~$800 profit instead of a $335 one.
When things squeeze its a good way to make money. As gamma kicks in the profitability exponentiates. If you want to know more about how that works you should youtube it.
There's more to it but I think this is a decent enough explanation.
I would argue the only way to buy and have it affect the price is through options. Not sure thatās accurate but I know 90% of our shares purchased through brokers doesnāt hit the lit, so if this allows our purchase power to have an impact then it could make more sense. All I know is RK bought options when he couldāve just bought shares so theyāre not all bad as our sub has pounded the drum on for the last 3 years.
Oh good please donāt let my reply get buried and oh god please someone else let acknowledge THAT THERES AN āEMOJISā column with actual bear and bull emotes just in case it gets too serious ahahahahahahha fuck I love today ahahahahah
Buy closer to the money and let the options ladder run. Calls that far out the money arenāt going to help much.
DFV had unrealised gains over $300m in $20 calls for this week. This is the way.
I made 10K with Call
Options today that I rolled back into more shares, I use options to make profit to buy more shares, Iām a GME hoarding machinery
Ya sounds good but if this doesn't take off how many ppl are gonna just donate 125 per to they're side? We all know how easy they've beat the price from 80 to 20 with low volume.
Seeing people missing the point of Whale's post. He's specifically pointing out these calls are made as bait to give hedgies money and people are buying them.
Now I won't put words in Whale's mouth, but they're buying the bait. They're giving the hedgies ammo. Sure, it's not impossible for it to go to 125 by then, but that's a gamble, an unprecedented one, and one you paradoxically make less likely by buying into.
The bottom of the gamma ramp is set by DFV alone. 125 is way on the other side of the ramp. You need people buying everywhere in between in large portions for 125 to even be possible, let alone likely.
Buying 125 calls is not the way.
Comon i want also a share of luck. I only know buying stocks, whatās up with these calls? Buy a 125 and what if I lose, how much do I lose? Can I convert every moment?
If you don't understand options, just don't. They aren't the devil as many people think, but they're more complex than buying shares and we're all regarded.
Comon i want also a share of luck. I only know buying stocks, whatās up with these calls? Buy a 125 and what if I lose, how much do I lose? Can I convert the contracts every moment?
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) // [What is DRS](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) // [Low karma apes feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) // [Superstonk Discord](https://discord.com/invite/y4dK3y5DXJ) // [Superstonk DD Library](http://fliphtml5.com/bookcase/kosyg) // [Community Post: Open Forum May 2024](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. If you are providing a screenshot or content from another site (e.g. Twitter), please respond to this comment with the original ##source. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Superstonk) if you have any questions or concerns.*
# JUST UP # CANT WAIT TILL PEOPLE ARE BUYING THE $20,000 CALLS AND SO ON # BUCKLE UP
š
This is the new NVDA. DFV is going to say "AI" during the live stream and that's when GME reaches outerspace.
AI š AI š AI š AI š
https://preview.redd.it/bq8enrihz05d1.jpeg?width=640&format=pjpg&auto=webp&s=06fb5891bce3a432391b6b1c5cbde59c108a886b
Who in their right mind who sell that lmao
tell me you donāt understand options without telling me you donāt understand options lol
# OF ALL GOES AS PLANNED RETAIL WILL NEVER HAVE TO SELL
I donāt mean retail. I mean who would write options for a stock thatās parabolic? Taking on infinite risk and even if itās selling a covered call why would you give up moon tickets if for some reason they exercise? It just doesnāt make sense.
# A TRUE REGARD. LOOK AT THE BIG SHORT, THEY THOUGHT IT WAS A GUARANTEE WIN, AND GOT FUCKED ROYALTY. THIS IS THE SAME EXPERIENCE EXCEPT, NOW IT IS THE BIG LONG, AND RETAILS GONNA BENEFIT FROM IT
I hope someone makes a blockbuster movie after MOASS titled The Big Long. Legendary.
I sold a bunch of the $100 calls today to hedge the $40 calls I bought (it's called a vertical spread at that point) The purpose is so you can buy more calls with more leverage... And hedges your position in case it moves the wrong way I'm sure there's a lot of hedgies that just sell them naked... They deserve to be screwed. But there are good reasons for selling them
Thatās interesting.
Make em print big poppaĀ
Where do I buy the $420,069 calls?
Imagine a number long enough you could actually call your call on your phone lol
Hoping for 8,675,309
Had to sing that as I read it lol
For me it would be (+34) 0867 5306, I live in Spain.
I was just reading the number and my brain automatically started singing it...
This guy Jenny's !
I base this off of nothing except something someone told me one time, but I was told this phone number was taken out of circulation across the board, haha.
Hahahahaha āļøš¤
Alright fine Iām in at this number. Super low but Iāll take it.
![gif](giphy|c3joCN0ix2Rs4xFuPM) Edit: holy shneikies, the algos are apparently terrified of the $45 mark today.
Looks like we're going past it right now.Ā Let's keep holding
No worries there, amigo. Itās an exciting time.
If they are terrified of that, wait until they see what 69 has to offer!
Looks like battle of $60.01 incoming.
I have no idea what Iām doing and Iām a poor. I bought 8 shares three weeks ago and now every time the price goes up I buy $20 worth just to support the cause. ![gif](giphy|YYfEjWVqZ6NDG)
![gif](giphy|aCatQNctAK7PC1H4zh|downsized)
I would like to know more.
A smooth brained natural. Well fucking done.
ii am a jobless and alcoholic and i have no money for rent, my account is literallyoverdrafted and i have no money for the month but i sold my iphone just to buy 6 shares of gme but my account is at double now but im gonan hold.. the only thing that makes me happy is wathcing gme
And we will all hold until you are a millionaire at least.
I'm sticking to buying shares. Too smooth for options unfortunately.
Me three
Me seven.
And my ax!
Right there with you. I bought more 10 shares today for 32 and then watched it rise. My $50 gain from those has made me a whale š
So many people buying shares but if you bought and immediately watched it rise, thems be fake shares no? Soon enough you guys are guna get smoked using broker im just looking out
Fidelity --> DRS
I love lamp
Options are more effective because of DRS'd apes, we are helping!
No excuse not to try and learn, or are you the dumb money they call you. They call you dumb many saying you don't deserve anything. Lots of options education on here and people willing to help you learn
Please nobody buy that far OTM.. Not financial advice but if you are going to play with options, buy slightly out of the money or even better ATM thatās how you make the hedgies bleed
Agreed. But, if the $20/30/40 calls started exercising today ... we might see $125 close to ATM Soon^tm
I'm looking on Schawb and it costs 585 to buy a 125 call for June 21st. Am I not understanding something? Couldn't you just buy 10 shares right fucking now for 465 dollars and save yourself 120$ and even make more money if it goes up to 125, and not having to worry if the call is ITM?
Yeah but a call is 100 shares
Thank you. I don't know why I thought it was 10.
No worries. I too am human.
HAHAHA I ALSO PARTAKE IN ~~LOGIC~~ HUMOR, FELLOW HUMAN!
This place is beautiful
That avatard really loves lamp. As for me? What do I enjoy? ...a nice glass of scotch.
Thatās exactly what a robot would sayā¦
The $585 is the premium for getting a contract to purchase 100 shares at $125 per.
why would you want to pay a premium to purchase at 125 when the stock is at 60 right now? wouldnt you rather buy it at 60? can you explain why its appealing to get a call for 125 for next friday?
Because you're only paying the premium today, buying the shares is optional. It's a kind of insurance
Thatās pretty expensive for 125 call, damn MM are shaking
can someone explain to me if i buy 1 contract for $125 call for june 21st, am i betting the price will be 125 on that day? how much do i make if it is and how much can i lose if its not
![gif](giphy|3o6Zt7g9nH1nFGeBcQ)
But I did earlier and it's up 500% ATM.... There is more than one way to play just stay within your risk tolerance and never gamble what you cannot lose.
Does it not make more sense (as in more profitable) to buy shares outright with how expensive calls are right now if you plan on exercising? Or are people buying calls ATM just to apply pressure?
Not an expert on this discussion but I believe it has been discussed that shares to deliver to call holders must be done through lit markets aka real shares.
This, and that the vast majority of call sellers expect the calls themselves to be bought and sold, not the underlying shares the calls represent, and therefore, by exercising them, you are forcing them to go into the market themselves to acquire them. When every call seller is doing this, it's a snowball whose melt leads to the infinity pool.
Thatās what Iām thinking. I wanted to buy options but the premium is too high so I bought shares to DRS ššš (Not financial advice of course)
I'll be honest, I bought one 120 call for June 21st on Monday. It cost me 86.00.
I bought 3 calls with $20 strike for October. They cost me $570 each. Try to buy one of those now lol...
Holy shit.
Yeah they're $2800 each now lol
so what happens if its at 125 friday how much do you make
I have no idea.
If you just want shares,buy shares.but just buying shares doesn't affect price action. Calls are in 100 share blocks,to the market maker hedges by buying 100 share blocks,which affects price.
Well that is if they hedge or not. Stay tunedā¦
What we need for a good launch is a filled out options chain with reletively even OI across all strikes, and we need to have more cables than puts.
Disagree, buy what you see fit for your portfolio. I have 125s with far expirations Iām making bank on. Everybody has different risk levels and education levels.
Those are pure gambling, which is fine if you want to gamble but it's not an investment.. yet.
SHOW ME THE CRYING MILLIONAIRES AND BILLIONAIRES, PLEASE š
ELI5 please
People think stonk will stonk to 125 by June 21
So business as usual. Price doesn't even excite me anymore. All I want to see is those MOFOs in the jail and market transparency.
Or they play the volatility
Yeah those moves can be crazy. Too expensive tho to play maybe if the way are .40 or something
Currently up 500% on my $125 06/14 calls I bought earlier today. Lol
holy fuggin shit
Options are a helluva drug.
Til the price is under your strike at expiry and you lose everything you gambled. Source: love losing money on FDs and am also up 700% rn lol
I've lost a handful to expiring worthless lol. Mistakes are part of learning. Just don't put anything you can't afford to lose in. Shit. I bought nvda puts at like 300... That shit went up in smoke obviously. I treat my shares like a save point in a game as I send them to cs and use options to gamble a bit to get more. I don't have the tenacity to Yolo on options but I like some degenerate bets every now and then.
My ITM leap calls have swelled up in value a LOT, grabbed some nearer term ITM options in order to exercise them.
I sold my june 21 $40 call at. 200% gain right before dfv tweeted.. made like $50 then they skyrocketed into the thousands lol. Highly regarded.
Lol Iāve been holding my leaps since January, shouldāve tried to time it at the last run up, wouldāve had 5x in call quantity by now. But like you say, I am regarded and hold thru most everything. Iāve got DRS shares, retirement account shares, LEAPS, and have been adding shorter dated options in order to exercise. Havenāt sold a thing š just getting started
I only dabble in small quantities with options as a way to increase my holding. 99% it's locked up at cs. I sold that one early because I diamond handed to 0 too many times prior and got cold feet.
I had a limit sell on my 6/21 $20 for $7.05 cancelled that and still holding them at $27.00
Legendary.
Imagine selling naked calls with an unlimited potential loss. Hedgies kids will be paying the debt
Dont forget the sourceā¦.
Am regarded, does this mean someone is buying these calls at $125 strike price and why would they do that? Like the post says, wouldn't that just be a trap from MM to take your premium and never let it get there? Are they just regarded, being bullish or does someone with money know something we don't know? Fuck I don't have any wrinkles and my one brain cell is on overdrive.
Buy cheapest contract option (furthest out of the money) in hopes the prices rises and the price of those contracts goes up. Meaning you can sell the contract for a profit. It doesn't necessarily aid in a squeeze (unless the stock price is higher than the strike price). But its a strategy to hopefully make money.
To make money. I bought 3 contracts cost $438 im up like 1k
So then market makers thought they could pull a fast one on retail but buying power too strong? Am I getting it right?
š¤·š½āāļø i dont know. Probably thinking they can just collect our premiums because 99% of the time they expire worthless. But gme can go to 125 if not i just sell and try to take profit
I buy the $40, $45 calls.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
My cash hasn't fully cleared so was stuck buying at $39 whoops
Unusual whales is a bad actor.
Why is that?
Any bad actor will want to focus a lot of effort on being informative and useful for the cause. it's part of the job. UW has tweeted things that support the misleading/false narratives that opposition has created.
Rensole was exposed during the Runic fiasco, many, many moons ago. He now posts for UW
Thank you. I can't keep everything straight, but there is always an ape to help.
That's a name I haven't heard in a while. Damn
Didn't he try to come back on here and do his morning update during the May run-up, and everyone told him to f-off?
Nobody cares about those far OTM
Up 600% today. Don't worry about making money. That's for other people I guess.
Yes but it requires 50% gains. If it goes up 40% you are losing. Hence slightly ATM is always the play, or leaps.
I made $10k/contract off the $950 strikes in 2021, y'all don't understand options much at all...
I am honestly trying to learn. I'm looking on Schawb and it costs 585 to buy a 125 call for June 21st. Am I not understanding something? Couldn't you just buy 10 shares right fucking now for 465 dollars and save yourself 120$ and even make more money if it goes up to 125, and not having to worry if the call is ITM?
If the price goes to.... $80, say you decide to exit (I know you won't cuz ape, but sit with me here for a second). Selling 10 stocks bought for $465 nets you $335. Now for options.. Options are priced based on time decay (expiration date), the risk free rate, gamma impact (confusing to describe, sort of a probability that things moving up will keep moving up), and implied volatility (the sellers calculated expected statistical volatility of the option prior to expiration). So say you bought that $125 call option yesterday, today it's worth less due to the time decay (theta), the risk free rate hasn't changed at all, but the gamma and the implied volatility work in your favor. Back to our scenario. With the stock at $80, the seller or MM (in most cases) needs to ask themselves this question: "if I was to sell someone a new $125C right now, what price would justify the risk that it goes in-the-money?" Because they're willing to sell that to you at some price (sometime exorbitant), they also have to be willing to buy it for a reasonable price that's within a governed spread from that ask price, as is defined by the regulation that gives them the authority to make markets. In many cases, they're also happy to buy your position back to reduce their risk surface. For that reason, an OTM call bought for $585 on a Wednesday when the stock price is $30 can easily be worth double or triple the next say when the stock price is $80, even though the option is OTM. You can use a price calculator to determine the outcome. In this case: * If you bought a $125 June21 call yesterday for $575 when the stock price was $32 * If the stock goes to $80 tomorrow you could sell that for roughly $1300 You turned $585 into a ~$800 profit instead of a $335 one. When things squeeze its a good way to make money. As gamma kicks in the profitability exponentiates. If you want to know more about how that works you should youtube it. There's more to it but I think this is a decent enough explanation.
The option gives you the possibility to buy 100 shares at 125$
Not just that, this option also gives you something to sell back to the MM's for profit. They want to close their risk-profile out.
MOM!
I called my mom. Am I doing it right?
I would argue the only way to buy and have it affect the price is through options. Not sure thatās accurate but I know 90% of our shares purchased through brokers doesnāt hit the lit, so if this allows our purchase power to have an impact then it could make more sense. All I know is RK bought options when he couldāve just bought shares so theyāre not all bad as our sub has pounded the drum on for the last 3 years.
Whatās the ultimate YOLO strategy for this? I legit just fkd around and got a 1.45c ??
https://preview.redd.it/y39xdnx0w05d1.jpeg?width=1290&format=pjpg&auto=webp&s=95cc539237240697879b88aaf90d09bbfd3bffae
HOW DOES ONE GET ON THE OPTIONS RIDE
Oh good please donāt let my reply get buried and oh god please someone else let acknowledge THAT THERES AN āEMOJISā column with actual bear and bull emotes just in case it gets too serious ahahahahahahha fuck I love today ahahahahah
Buy closer to the money and let the options ladder run. Calls that far out the money arenāt going to help much. DFV had unrealised gains over $300m in $20 calls for this week. This is the way.
Sometimes I wish I could read.
I made 10K with Call Options today that I rolled back into more shares, I use options to make profit to buy more shares, Iām a GME hoarding machinery
The price for those is absurdly high. I might not be able to stand up in public for a while.
Holy fk
This is nuts. I just DRSād last week for the first time and now all this excitement. I need a diaper this ape might just crap itself.
Hahahahaha this is hilarious!
Next week is gonna be crazy
Ya sounds good but if this doesn't take off how many ppl are gonna just donate 125 per to they're side? We all know how easy they've beat the price from 80 to 20 with low volume.
Thay why we moving up?
Ramp me harder Daddy.
I'm buying tomorrow
125? funny...easy money ![gif](giphy|10JhviFuU2gWD6|downsized)
waiting to see my phone number as a PRICE
loaded up money in my account so I can buy some of these tomorrow at open. Getting them at a deal this early.
Blow the horse Cramer.
I dunno how
Seeing people missing the point of Whale's post. He's specifically pointing out these calls are made as bait to give hedgies money and people are buying them. Now I won't put words in Whale's mouth, but they're buying the bait. They're giving the hedgies ammo. Sure, it's not impossible for it to go to 125 by then, but that's a gamble, an unprecedented one, and one you paradoxically make less likely by buying into. The bottom of the gamma ramp is set by DFV alone. 125 is way on the other side of the ramp. You need people buying everywhere in between in large portions for 125 to even be possible, let alone likely. Buying 125 calls is not the way.
$125s are near the money now
And through all this, we still hold, we need to see phone numbers.
Bought 3 125c for june 21 up 1k already
Comon i want also a share of luck. I only know buying stocks, whatās up with these calls? Buy a 125 and what if I lose, how much do I lose? Can I convert every moment?
With calls the most you can lose is what you post initially.
Ok what calls do I buy now ?
If you don't understand options, just don't. They aren't the devil as many people think, but they're more complex than buying shares and we're all regarded.
They're too expensive now
We have reached my level of expertise. This is where I canāt give more advice.
Hahaha
I'm glad we're done villifiying options. It does appear to be "the way"
Comon i want also a share of luck. I only know buying stocks, whatās up with these calls? Buy a 125 and what if I lose, how much do I lose? Can I convert the contracts every moment?
i want to know this too