So who all has actual cash in this cockfight (besides me)?
So who all has actual cash in this cockfight (besides me)?
Last edited by Masked Bandit; 01-28-2021 at 04:26 PM.
"Masked Bandit is a gateway drug for frugal spending." - Unknown303
Disappointed in IBKR
I’d hit it 1x lolThis quote is hidden because you are ignoring this member. Show Quote
I do be in. No idea what to do tomorrow if its better to hold until all the shorts close at end of day or sell near the end of day.This quote is hidden because you are ignoring this member. Show Quote
Gamma squeeze! You hold till Monday... or you just hold, HOLD DAMN IT!!!!This quote is hidden because you are ignoring this member. Show Quote
*not investment advice
Positions: 3x rolled GME weeklies that eventually ended worthless Jan. 8th... gave up, popped the next week. Was scurred of $30. Locked most capital up in CC plays... considering a small position tomorrow if MMs fail to dip under the rurjur approved gamma squeeze target of $115
I'm in, dabbled a bit earlier in the month then got in for real on Monday. Haven't slept since.
I am in! AMC
HOLD!This quote is hidden because you are ignoring this member. Show Quote
I originally had the Friday closing of the shorts as my target but a bunch of stuff I read today but don't really comprehend seem to imply that the Friday thing is no longer a thing. Can someone with a less-smooth brain than I explain?
"Masked Bandit is a gateway drug for frugal spending." - Unknown303
I understood it that the Friday thing was just because options expire friday so the gamma squeeze triggering margin calls etc etc. But options expire every friday, so it should continue week after week until someone folds or regulators figure out how to leash the beast.This quote is hidden because you are ignoring this member. Show Quote
Did not read what you read... but shorts keep shorting. The big thing here is the options that expire this week (don’t actually get “closed” till technically Saturday... have till ~5:30pm Friday depending on closing house to exercise, and settle next Tuesday).This quote is hidden because you are ignoring this member. Show Quote
Read some misinformation on the gamma squeeze due to this on WSB today. This is a Monday thing, not a tomorrow thing.
Basically the more strikes that end in the money, the more shares that need to be purchased to cover... because lots of these were sold “naked” ...as in the seller doesn’t actually have the shares. Jackass Andrew Left was bragging about doing this on $75c and $90c earlier this week... so guy is going to take a huge loss if share price stays over $90
Should also add: this is due to an imbalance between puts and calls. This Monday was a gamma squeeze cause of the rocket on Friday taking out every single strike since the option chains only hit $60c
Last edited by ercchry; 01-28-2021 at 04:56 PM.
So tomorrow means then? Gotcha!This quote is hidden because you are ignoring this member. Show Quote
"Masked Bandit is a gateway drug for frugal spending." - Unknown303
I made 3k on AMC on tuesday but then sold.This quote is hidden because you are ignoring this member. Show Quote
Cashed out my initial position on BB earlier in the week but I dumped it all back in today.
Plan for tomorrow: HODL.
I bought some umbrella insurance in anticipation that I will be rich enough tomorrow to repeatedly disparage regular people online for not being able to afford nice things.This quote is hidden because you are ignoring this member. Show Quote
Everything I say is satire.This quote is hidden because you are ignoring this member. Show Quote
What color Lambo you getting? https://www.reddit.com/r/Calgary/com..._very_special/This quote is hidden because you are ignoring this member. Show Quote
Get a load of this fucking asshole.
https://www.reddit.com/r/PublicFreak..._cooperman_is/
"work together" righhhhhht
How do the shares get bought on Saturday though? Do they process any orders that people have outstanding from Friday? i.e. should someone set limits before EOD to get their shares sold?This quote is hidden because you are ignoring this member. Show Quote
Tesla Roadster with cold thrusters because it's an unpopular choice with the boomers. Maybe not the cold thrusters as they would have to remove the tiny rear seats, thus limiting my GFs carrying capacity. I endeavor to live like @max_boost for at least a day.This quote is hidden because you are ignoring this member. Show Quote
Last edited by The_Rural_Juror; 01-28-2021 at 05:21 PM.
Everything I say is satire.This quote is hidden because you are ignoring this member. Show Quote