OT: $GME

king_kong_

Redshirt
Nov 3, 2021
24,413
4
0
On sale. So funny. It’s a failing company. Good luck though. Just be careful with this one .
considering your history with hedge fund managers & corporate raiders, I'd have thought you'd be first in line rooting for the little guy

🤔

ps - it has nothing - literally nothing - to do with the company
 

TampaBaySkers

Senior
Oct 30, 2010
18,392
525
103
considering your history with hedge fund managers & corporate raiders, I'd have thought you'd be first in line rooting for the little guy

🤔

ps - it has nothing - literally nothing - to do with the company
It must have something to do with the company since it crashed just after their earning’s report.
 

Streamer15

Freshman
Jun 21, 2023
495
96
28
that's weird

my Jan 17 calls are still up 750%+

$GME on sale (not financial advice. I am a moron.)
I haven't looked, but I assume implied volatility is still very high. Read up on what an IV crush is and try to close out before that occurs. (Not financial advice, also a moron)
 

king_kong_

Redshirt
Nov 3, 2021
24,413
4
0
I haven't looked, but I assume implied volatility is still very high. Read up on what an IV crush is and try to close out before that occurs. (Not financial advice, also a moron)
I bought my contracts in early March before the premiums went bananas.

implied volatility is hilarious at the moment, and rightfully so.
 

king_kong_

Redshirt
Nov 3, 2021
24,413
4
0
It must have something to do with the company since it crashed just after their earning’s report.
it went down after they diluted shares via a $75M offering announced moments after earnings

and they're going to sell all $75M worth of shares in today's session

power to the people
 

TampaBaySkers

Senior
Oct 30, 2010
18,392
525
103
the CEO & BOD of Gamestop
Oh so.. it does have something to do with the company.

Hope all you guys make lots of money. I am simply telling folks to approach this with extreme caution.

I hope you’re not pumping and dumping your fellow Husker fans.
 

king_kong_

Redshirt
Nov 3, 2021
24,413
4
0
Oh so.. it does have something to do with the company.

Hope all you guys make lots of money. I am simply telling folks to approach this with extreme caution.

I hope you’re not pumping and dumping your fellow Husker fans.
it has nothing to do with the company. that is mere supply/demand.

and like any of us empty bags could move a market RollingLaugh
 

Streamer15

Freshman
Jun 21, 2023
495
96
28
I bought my contracts in early March before the premiums went bananas.

implied volatility is hilarious at the moment, and rightfully so.
Good for you. I hope you kill it. If you chose to go deeper into this game, there is a bunch of high level info on youtube. Going much deeper than that, you can look at Theta Gang on Reddit. They primarily focus on the sell side, where I play, but it is valuable insight if you like going long with calls.
 

BTF69

Redshirt
Oct 18, 2023
5,131
2
0
NVDA is the one I have LOVED. Thanks to all my students for talking about ChatGPT for the last 4 years!!!