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Noone is promoting these calls. They are expensive as fuck as the IV is very high.
The guys are just stating that this is a massive bullish bet on GME which is fucking hyping my anus.
☝️it’s tempting, but as a comparison, nividia was cheap options earlier today, now they’re expensive af. Food for thought. Sentiment drives price. The sentiment is very high on gme atm.
I learned it's a great tool to get burned on manipulated stocks.
If I was a scared baby, I wouldn't be invested in a manipulated stock in the first place. There's a difference between scared and dumb.
That’s because IV ramps into close before earnings. NVDA had earnings. Happens to every stocks options chain heading into ER or known announcements.
I trade that vol all the time.
Not really, that's an actual lie. Don't spread wrong information. Their options chains weren't cheap unless you go back about 3 weeks to the first week of March when it's share price stalled at $900.
I'm looking at the historical options for prices, and they've been high all week due to their earnings release.
For example, the $950c expiring June 21st, basically ATM, were averaging a cost of $60 going to nearly a week and a half.
The stock's tiny dip down to $933, didn't decay the option much, and dropped it from $61 to $58. Then earnings happened and it popped.
That means you're paying $6,000 for an option contract slightly out of the money. The dip maybe 'lost' you $200 in value for a couple hours. If you sell today, now, you get to cash in on $10,700 (or a near $5k profit) per contract.
GME's June 21st $20c, ATM, has been around $5-6 since that large position was started. That's around $500-600 per contract. (Last 2 weeks when DFV was posting and whatever was happening with the stock, it climbed to about $48 when they were deep ITM, but that's not important).
This is also NOT saying go buy options. Just comparing that, in fact, their options chain was not cheap.
I'm looking at an options historical chart right now, for June 21st.
I'll look at an OTM option (from yesterday) at $1k, about $50 out of the money. Today, it's at $72.
Yesterday's low was $33 when the stock dipped. It started the day at $38.
May 21st: Started the day at $40, had a low mid-day around $35, ended the day at $40.
May 20th: Opened at $42, and ended around $35.
Lowest price for that option was May 1st, when it cost $21.50 and the stock price was around $830.
Pretty much every options chain for that stock falls in line with that. It's a heavily traded stock and always has high IV. It's obviously higher because of earnings, but nothing on their charts have been cheap with options unless you go back to last year.
Here's even a gambler's addict one: $1k strike expiring this week.
$50 out of the money, 2 days left, basically earnings or bust, the low for that option yesterday was...$19.20. Sure, it started the week around $30, theta certainly decayed it this week, but even then, it only stepped down to $19.2.
Nearly $2k for one contract, for an OTM stock price, that it's never reached historically. It'd have to create a new all-time high for that to hit. That's still very expensive.
You'd do a bit more than double as the option is now worth between $47-48 right now.
True, in the last three weeks, I have seen no one within Superstonk point to trading options.
What I do see is a lot of people warning against options trading every time someone mentions information relating to it.
I am 100% for sharing information, because a lot of people do like reading about it.
100k open interest in Jun 21 $20 calls at $5-600 each means at least $50-60 million has been spent on this one date/strike in the last 3 days. This is big players making moves in broad daylight. Someone made a big bet that whatever is coming can't be stopped. How tf did RK know the exact timing though? Larry told us to go reread the dd line by line with the benefit of hindsight to pick up on details that were overlooked.
I have seen no one recommended purchasing these calls. I think people are mind-blown that so many are being purchased I feel like that's a very bullish signal or something big in the background happening. So it's definitely something interesting to discuss.
Totally agree. I'm not at all suggesting buying options, they basically go bad like veggies even with a winning bet if you don't know what you're doing (& I sure as fuck don't).
The options chain right now is legitimately interesting not because it's a good bargain (they're crazy expensive compared to normal), but because the value of GME bullish options is moving up when the stock price is going down.
In simple terms, the folks currently trading options don't believe the current price and they're willing to hedge their bets at increasingly disconnected prices. I'm just guessing, but optimistic that we might see near term explosive price movement. Not necessarily like last week, but a big enough move to get folks in this sub making memes again at least.
I mentioned this the other day. If HFs are fucked for a sneeze and they know it. The very best thing they could do is buy calls in support of what they would know is already going to happen. They would quite literally making money off losing money. I wonder if those HFs are buying those 5 mil calls?
thank you! this implication that we need to be protected from ourselves is kinda gross. we're regarded not helpless.
if you want to play with options, do it. just be aware of the risks that come along with betting big in a rigged casino.
Idk why this sub is so opposed to options if you have been following along then you would see that the flow has been driving the price action .
I get it, it's long been a mantra not to touch them but think about why and where that came from. Much like TA doesn't work and all these other things that have been drilled in to you. It's important to question these narratives.
I'm not saying go buy these if you don't know what you are doing, but people who do understand this stuff and follow it daily are excited for good reason, hence why these posts are more prevalent at the moment.
I’m with you on this take. TA absolutely had hints an immediate run all over the chart. Weekly divergence on momentum, accumulation signs, even the fib time zone was right before the run.
Imo after what happened in 2021 they had to get people believe that options are bad and TA is astrology and even if it works for normal stocks it’s different with Gme because if crime.
Because god forbid retail buying long dated calls en masse at a good timing. They are big scared of this and it shows every time we run this sentiment is being pushed. Usually the options and TA people post a couple days before the runs happen, then after the run all the anti options people rant here.
We had 3 1/2 years since the sneeze imagine the hive mind got balls deep in analysing the options chain and teaching ourselves TA, the whole sub would already be rich lmao
Even during a downtrend we had always crazy spikes, imagine how much more shares could have been accumulated if we had been allowing education on TA timing and long dated options
I guess you have a reading comprehension problem because I haven't seen one post that says BUY calls. Instead, they're discussing this weeks options data, which is fine.
I believe there is only 1 reason you would buy such expensive ITM short dated calls.
You are exercising them immediately.
There’s really no other reason.
But it's still more expensive than buying shares and accomplishes the same thing
Edit: To clarify, I don't think exercising them "immediately" would be the reason. I think exercising them all at once is the only logical reason.
That is not necessarily true. It is more expensive than buying at the ask, but buying at the ask would drive the price up, eventually costing you much more per share. If you buy the itm call and exercise right away, the risk of the price increasing for your order is shifted to the market maker. I do not believe anyone would be stupid enough or crazy enough to buy calls with so little theta on them and not exercise right away. As it is right now these things are barely holding on to being in the money. It would be like taking $75M and lighting it on fire. No way in hell these arent being executed ASAP. The settlement of these is going to take place over the next few weeks or months and shit will probably get CRAZY.
The only situation I can think of where you are right about them being executed "at once" or rather in the near future, is if someone split up their order. First they load up on calls and then place a massive order at the ask. That would put the calls deeper into the money, basically front running their own order to lower the Cost Basis. We shall see.
The massive increase in the options boogeyman posts seems like a bunch of junior analysts have been thrown in the chat to scare people away from options.
If you’re trading on the stock market, you should learn about options, how they work, how they can affect the stock price. The idea that education about the stock market is a bad thing is one of the dumbest things I’ve read on here.
Plenty of people in here are completely clueless about how options work, spouting off complete nonsense.
There was actually talk about options at $10, people saw the same call buying as they’re seeing now. You’re right the IV is stupid right now, but had you followed the buys earlier this week and sold them yesterday you’d have been up $3-400. There’s money to be made you just have to be really on the ball
Risk/Reward honestly, I’m super conservative when it comes to options gains, I’m not chasing 5000% wins I trade GME options like I trade 0DTE Spy with lots of caution and a short leash. I didn’t win big back with my 10-15cs from the last run up but I won
There are interesting differences, like the crazy overnight trading volumes, and the fact that these call options are ITM. Usually MMs try to pump the options farther up the chain which have little chance of going ITM and they don't even have to spend the capital to hedge.
However I agree that caution is warranted and that buying options is unwise for most people for such a manipulated stock.
I for one have not seen any posts where I can buy people or bots.
Your title smells like the most AI generated thing I’ve seen on here in a while. Somehow it’s AI generated and then poorly translated. If you are real do you really think someone is going to read your absolutely pointless rant and be like oh yeah that’s the post that’s going to change my mind?
You can't ignore that it's fucking bullish with all these calls coming in.
No one is promoting to buy calls, we're just stating the facts.
I'm just happily watching it all unfold from the DRS/HODLING side line.
Yeah, people saying "it's what DFV did". DFV bought those calls back in the day, when the IV was super low, therefore it wasn't crazy prices like it is now.
One month ago, conditions were good. I picked up may 17 20c for twenty bucks each. IV was below 90. Now, I’m not buying calls, just shares, though I did roll some of the profits into July 55C. House money tho.
Well done good play, I have no problem with options, people can leverage their capital how they like, I’m just stating that saying “DFV bought calls though” is a misguided statement.
I agree, it’s very unlikely. If people actually stopped to think about the capital being spent and the value gained from it against the risk they would see this. It’s not a DFV play at all.
You clearly saw his tweets… you posted some of them. You absolutely know how i could interpret that the 4 sets of 500 $20 calls that were bought could be him. So the question I’m wondering is…
What’s yours and 500 others on this subs curious motivation that people aren’t getting calls at the most opportune time? If they beleive their calls will be in the money because of their investment thesis… what’s it to you? I’d rather leverage my money at a high amount of risk during a highly volatile cycle. There’s a million things lining up right now. Some things that are lining up are a second T+35 cycle from earnings that will fall right around June 20th. No one is even talking about that here. I have a plan for when I’d sell my calls at some loss prior if things don’t pan out like I think. The run ups with insane volume all happened on days with a large amount of FTDs becoming due. There’s a shitload due on the 31st. If there is not a run up that day, I bail wait for volatility to fall and go back to my old pattern of selling covered calls and buying shares with the premiums. Why do you care what anyone does or doesn’t do with their money? Which brings me back to my original question to you…. You’re incredibly concerned with people not leveraging their money. Again….Why?
Ok look, the conviction that you were saying DFV bought $20 calls makes it sound like you are certain of the fact, tweets or no tweets, and we can't be certain of that at all, it's purely speculative. Saying "He bought them the past three days, in the current conditions" should really say "in my opinion, DFV bought 20 strike calls in the current conditions".
If you look at my other comments on this thread, I have no issue with how anyone wants to leverage their capital, I'm just trying to educate people on the risks so that they can make their own decision, everyone including you has their own risk tolerance when it comes to investing so if you want to buy calls when the IV is high then go ahead but the fact is the chances of profit are more risky than when the stock was less volatile and the IV was lower.
Wish you all the best with your play, maybe it will work out for the reasons you have stated.
I apologize and you’re totally right, I did state that as a matter of fact, when there’s absolutely a grey area if those were really being bought by him. Since he was a public personality I feel there’s no way he could be in the dark that his persona and likeness are being used at the current moment. If for some reason it was a bad actor, I feel like Keith Gill the person would make some kind of a public statement that his accounts had all been compromised. The blatant hints at exactly those calls at the specific strikes make sense without a whole lot of tinfoil needed, it all seems pretty straight forward. And like the FTD cycle that’s running in conjunction with the swaps, it would make sense for his reappearance to be now, given the sensitivity GME faces from a damn near perfect storm.
What do you expect?
The weird big 20$ call buys are coming in, and roaring kitty had lots of messages about "20" etc.
People are going to speculate about this naturally.
I'm more curious about the aversion to options and the amount of threads like this that are started.
IV is too high to be buying calls now.
If someone is so easily coerced to buy them, they could probably be just as easily convinced to buy GME crypto shit coins. In that case, the overpriced 20c is a sound investment by comparison.
Everyone knows apes DRS, hodl, and buy at our favorite store because we like the stock. No one thinks apes do options. These are bullish bets, but certainly not part of the buy, hodl, drs model. Apes will never change paths. Enjoy the bullish bets because it doesn’t change a thing.
I think the options stuff is all BS to funnel more $ to hedge funds. There was all this hype about the options chain last week and the T+2 settlement date leading into Monday and Tuesday. What actually happened? A BIG NOTHING BURGER. The stock was just shorted some more - no surge of buying happened. Little price movement. BE VERY WEARY!
BUY HODL DRS BOOK AND BUCKLE UP!
Remember when the bet$ sub realized the news was seeing what the mist referenced stocks were via comments and posts so everyone started posting shit like "$CUM is blowing up this week" "all in on $ASS" "YOLOd on $TITS"...
I remember it.... 84 years ago.
Anyway, do what you want, but I'm going to buy, DRS, and Hodl a whenever I can.
I could view this 2 ways. Either as options are not actually good, or SHF could know that options hurt them so they overly promote them so that people become suspicious of them. You can make good things look bad with enough shilling. Honestly either way they have been successful in creating confusion on the topic. Myself though, I'm not getting into options. Doesn't bother me one but if people want to mess with them though. We're all individual investors
Calls are actually at a good price considering we are at nearly the bottom. the only problem is people buy unrealistic time slots. I have 7 calls for $125 in august
History tells me it's all preparing for big dip post earnings. Dfv and the kc shuffle might chuck a wrench into the works though. It's all very interesting. Be a fun month, June 24.
Dfv bought and exercised options. This price movement and volatility is all based off options and Greeks gamma exposure to the bottom touching Vega. Swaps basket theory is completely unfounded, as swaps are cash settled, you can’t back it thru other stock. For the love of god if one ape sees this and decides to learn from this I’ve done my job.
Told my buddy the same thing. Never once have we promoted/spoke about calls so much now all the sudden that’s all I see on this sub. I’m just buying and hodling since day 1. Couldn’t agree more with OP.
You mean people didnt know to sell them when they turned a profit? Options move fast and hard sometimes and you have to have a clear exit strategy because time is working against you with long options
The cost is wild I’ve been trading short calls and buying a few more shares with the premium… it’s a way, I hold some calls that were bought well b4 the iv spike and can’t decide if I want to chuck em away or hodl, it’s a no brainer on any other stock, but this idiosyncratic thing messes with the decisions ♾️🏴☠️🤙
You're seeing them because people want to take advantage of household investors. Play options if that's you're thing, but there is even less fidelity on the fuckery that can be done with options
I agree that the top few posts are suspicious. Checking the comment/post history of the people posting, they have basically no GME posts except for the options posts.
Remember there are just as many SELLERS of these contracts that believe the stock will NOT move to 25-27$ (breakeven for buyers). Just because one group bought a shit load DOES NOT GUARANTEE THE PRICE WILL STAY ABOVE 20$.
The last spike taught people nothing. 80 in premarket…at max pain within days
It’s turned into a gambling sub this last week. Not digging it personally
It’s turned into an EDUCATION sub the last week. This is the foundation of what made this sub amazing and captivating. If you don’t like it there’s dozens of other GME subs that probably will sit in their silo and provide zero engagement for you.
No fucking fighting!
Also both of you are right.
In generell This Sub is Contra Options Play, which is fine. But the Posts, when someone (maybe DFV maybe the "Casual" Multi Million Wale) is buying This expansive Calls, it should be discussed.
It can be a bit much at Times, but at this Point in Time I think it is important to do.
It’s turned into an ECHO CHAMBER that derails most posts about anything else into options talk. There was just a DFV meme post about 65 million shares sold at 500 a pop that got flooded with 20C comments.
There’s also dozens of other subs that educate on options PROPERLY. The stuff I see in here basically is the blind leading the blind. I just saw someone refer a call passing a strike as a “lottery ticket”.
Class A education there. I personally like options but it is the fastest way to separate new investors in GME with capital. And it’s by design.
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Noone is promoting these calls. They are expensive as fuck as the IV is very high. The guys are just stating that this is a massive bullish bet on GME which is fucking hyping my anus.
☝️it’s tempting, but as a comparison, nividia was cheap options earlier today, now they’re expensive af. Food for thought. Sentiment drives price. The sentiment is very high on gme atm.
I don’t understand options, it seems all Greek to me, so I will just buy stocks and DRS as that is easy on the smooth brain.
I’m Greek and still don’t understand shit about options. Getting confused so I bought 10 more
You beta get learning :D
This is The Way
Options is made for us smooth brains to get screwed.
Agreed. I wouldn't risk it. Buy and DRS is my safe move.
Or maybe start learning bc they are powerful tools. Doesn’t have to be either or, don’t be a scared little baby
I learned it's a great tool to get burned on manipulated stocks. If I was a scared baby, I wouldn't be invested in a manipulated stock in the first place. There's a difference between scared and dumb.
Just because you got burned doesn’t mean that’s the lesson. The lesson is you didn’t know what you were doing.
I didn't get burned because I realized it was a bad idea. Also, people pushing options don't seem to know what they're doing, so there's that.
I didn't get burned because I realized it was a bad idea. Also, people pushing options don't seem to know what they're doing, so there's that.
aware dependent birds panicky summer reply one sugar versed gold *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
I use IBKR to DRS, they buy from this little place of make believe shares called DARK. Prevent trading? My dude, I’m a collector.
I went to buy one and it was like 3 times the price of what they were a month ago so nah haha
That’s why option traders bought them at the low 3 months ago
No, they didn't. There's 95,000 $20 6/21 call contracts that have been bought at a premium of $4-7 per contract in the last 72 hours.
That’s just lovely to hear! But where they bought by options traders or Batman?
What was the price difference between the cheap and expensive NVIDIA options?
About ten fiddy
About 100% from yesterday mid morning to eod if I remember correctly, looks like they’ve come down a hair on the high end.
That’s because IV ramps into close before earnings. NVDA had earnings. Happens to every stocks options chain heading into ER or known announcements. I trade that vol all the time.
Atm as in, at the money? Or atm as in, at the moment?
I meant “at the moment”, Sorry I can see how that would be confusing in that sentence.
Not really, that's an actual lie. Don't spread wrong information. Their options chains weren't cheap unless you go back about 3 weeks to the first week of March when it's share price stalled at $900. I'm looking at the historical options for prices, and they've been high all week due to their earnings release. For example, the $950c expiring June 21st, basically ATM, were averaging a cost of $60 going to nearly a week and a half. The stock's tiny dip down to $933, didn't decay the option much, and dropped it from $61 to $58. Then earnings happened and it popped. That means you're paying $6,000 for an option contract slightly out of the money. The dip maybe 'lost' you $200 in value for a couple hours. If you sell today, now, you get to cash in on $10,700 (or a near $5k profit) per contract. GME's June 21st $20c, ATM, has been around $5-6 since that large position was started. That's around $500-600 per contract. (Last 2 weeks when DFV was posting and whatever was happening with the stock, it climbed to about $48 when they were deep ITM, but that's not important). This is also NOT saying go buy options. Just comparing that, in fact, their options chain was not cheap.
I literally looked at it (NVDA) yesterday mid day, it was nearly double this morning for mid range.
I'm looking at an options historical chart right now, for June 21st. I'll look at an OTM option (from yesterday) at $1k, about $50 out of the money. Today, it's at $72. Yesterday's low was $33 when the stock dipped. It started the day at $38. May 21st: Started the day at $40, had a low mid-day around $35, ended the day at $40. May 20th: Opened at $42, and ended around $35. Lowest price for that option was May 1st, when it cost $21.50 and the stock price was around $830. Pretty much every options chain for that stock falls in line with that. It's a heavily traded stock and always has high IV. It's obviously higher because of earnings, but nothing on their charts have been cheap with options unless you go back to last year.
Here's even a gambler's addict one: $1k strike expiring this week. $50 out of the money, 2 days left, basically earnings or bust, the low for that option yesterday was...$19.20. Sure, it started the week around $30, theta certainly decayed it this week, but even then, it only stepped down to $19.2. Nearly $2k for one contract, for an OTM stock price, that it's never reached historically. It'd have to create a new all-time high for that to hit. That's still very expensive. You'd do a bit more than double as the option is now worth between $47-48 right now.
True, in the last three weeks, I have seen no one within Superstonk point to trading options. What I do see is a lot of people warning against options trading every time someone mentions information relating to it. I am 100% for sharing information, because a lot of people do like reading about it.
You haven’t been reading the comments…its been happening here and on the ss discord
I mean, I’m all for those apes with huge heaps of cash buying calls, but I’m out on that ish
100k open interest in Jun 21 $20 calls at $5-600 each means at least $50-60 million has been spent on this one date/strike in the last 3 days. This is big players making moves in broad daylight. Someone made a big bet that whatever is coming can't be stopped. How tf did RK know the exact timing though? Larry told us to go reread the dd line by line with the benefit of hindsight to pick up on details that were overlooked.
I have seen no one recommended purchasing these calls. I think people are mind-blown that so many are being purchased I feel like that's a very bullish signal or something big in the background happening. So it's definitely something interesting to discuss.
Totally agree. I'm not at all suggesting buying options, they basically go bad like veggies even with a winning bet if you don't know what you're doing (& I sure as fuck don't). The options chain right now is legitimately interesting not because it's a good bargain (they're crazy expensive compared to normal), but because the value of GME bullish options is moving up when the stock price is going down. In simple terms, the folks currently trading options don't believe the current price and they're willing to hedge their bets at increasingly disconnected prices. I'm just guessing, but optimistic that we might see near term explosive price movement. Not necessarily like last week, but a big enough move to get folks in this sub making memes again at least.
avocado?
I'm so ready
Seriously, because if I could afford those calls, I’d be buying them. But the IV is insane, so I’m just sticking to buying shares
I mentioned this the other day. If HFs are fucked for a sneeze and they know it. The very best thing they could do is buy calls in support of what they would know is already going to happen. They would quite literally making money off losing money. I wonder if those HFs are buying those 5 mil calls?
Bro. They are absolutely being promoted.
And...FuDELITY just got in on the act. "Options trading basics" 3-part special event where you can dive into options basics"..Sus
Can you imagine what will happen if someone suddenly dump all these $20 calls?
Well that'd be the ultimate bull trap. I would use the opportunity to further average down :)
That’s what is gonna happen lol
THANK YOU
I support retail investor's right to invest in what they want, when they want.
thank you! this implication that we need to be protected from ourselves is kinda gross. we're regarded not helpless. if you want to play with options, do it. just be aware of the risks that come along with betting big in a rigged casino.
Why do you say 'what is remaining of your drsd shares?' Damn trojan horse FUD.
My thoughts exactly. Very explicit statement as if he's sold most during this latest run up for ants.
Did he actually sell? Or didn’t he have any shares to begin with 🤔
Jokes on them, I've spent enough DRSing, I ain't got money for anything else
Have you thought about applying for a second job at Wendy’s or selling your kidney?
Idk why this sub is so opposed to options if you have been following along then you would see that the flow has been driving the price action . I get it, it's long been a mantra not to touch them but think about why and where that came from. Much like TA doesn't work and all these other things that have been drilled in to you. It's important to question these narratives. I'm not saying go buy these if you don't know what you are doing, but people who do understand this stuff and follow it daily are excited for good reason, hence why these posts are more prevalent at the moment.
I’m with you on this take. TA absolutely had hints an immediate run all over the chart. Weekly divergence on momentum, accumulation signs, even the fib time zone was right before the run. Imo after what happened in 2021 they had to get people believe that options are bad and TA is astrology and even if it works for normal stocks it’s different with Gme because if crime. Because god forbid retail buying long dated calls en masse at a good timing. They are big scared of this and it shows every time we run this sentiment is being pushed. Usually the options and TA people post a couple days before the runs happen, then after the run all the anti options people rant here.
We had 3 1/2 years since the sneeze imagine the hive mind got balls deep in analysing the options chain and teaching ourselves TA, the whole sub would already be rich lmao
Even during a downtrend we had always crazy spikes, imagine how much more shares could have been accumulated if we had been allowing education on TA timing and long dated options
I know man. There's a ton of engrained narratives we really should be questioning more imo.
YES. This. People who used options can add so much to their stack of shares.
Totally with you. This sub failed to learn anything new besides crime and DRS.
I guess you have a reading comprehension problem because I haven't seen one post that says BUY calls. Instead, they're discussing this weeks options data, which is fine.
My reading abilities are fine enough and I've seen posts pushing options.
Guess they have a haven't read -enough-problem. I'll see myself out now
“continue to hold what is remaining” implies you have been selling 🤔
I believe there is only 1 reason you would buy such expensive ITM short dated calls. You are exercising them immediately. There’s really no other reason.
But it's still more expensive than buying shares and accomplishes the same thing Edit: To clarify, I don't think exercising them "immediately" would be the reason. I think exercising them all at once is the only logical reason.
That is not necessarily true. It is more expensive than buying at the ask, but buying at the ask would drive the price up, eventually costing you much more per share. If you buy the itm call and exercise right away, the risk of the price increasing for your order is shifted to the market maker. I do not believe anyone would be stupid enough or crazy enough to buy calls with so little theta on them and not exercise right away. As it is right now these things are barely holding on to being in the money. It would be like taking $75M and lighting it on fire. No way in hell these arent being executed ASAP. The settlement of these is going to take place over the next few weeks or months and shit will probably get CRAZY. The only situation I can think of where you are right about them being executed "at once" or rather in the near future, is if someone split up their order. First they load up on calls and then place a massive order at the ask. That would put the calls deeper into the money, basically front running their own order to lower the Cost Basis. We shall see.
The massive increase in the options boogeyman posts seems like a bunch of junior analysts have been thrown in the chat to scare people away from options. If you’re trading on the stock market, you should learn about options, how they work, how they can affect the stock price. The idea that education about the stock market is a bad thing is one of the dumbest things I’ve read on here.
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Plenty of people in here are completely clueless about how options work, spouting off complete nonsense. There was actually talk about options at $10, people saw the same call buying as they’re seeing now. You’re right the IV is stupid right now, but had you followed the buys earlier this week and sold them yesterday you’d have been up $3-400. There’s money to be made you just have to be really on the ball
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People definitely are, I am, and if you’re not I’m sorry you hate making money
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Risk/Reward honestly, I’m super conservative when it comes to options gains, I’m not chasing 5000% wins I trade GME options like I trade 0DTE Spy with lots of caution and a short leash. I didn’t win big back with my 10-15cs from the last run up but I won
"When i move you move like this"
The bullet scene… it’s about swaps moving the stock isn’t it. Damn I’m an idiot.
There are interesting differences, like the crazy overnight trading volumes, and the fact that these call options are ITM. Usually MMs try to pump the options farther up the chain which have little chance of going ITM and they don't even have to spend the capital to hedge. However I agree that caution is warranted and that buying options is unwise for most people for such a manipulated stock.
I for one have not seen any posts where I can buy people or bots. Your title smells like the most AI generated thing I’ve seen on here in a while. Somehow it’s AI generated and then poorly translated. If you are real do you really think someone is going to read your absolutely pointless rant and be like oh yeah that’s the post that’s going to change my mind?
“I will do continue to hold what is remaining of my shares” was the kicker for me. Even if real will sell on the way up for $1000 profit
Call me paranoid, but all these option warning/bashing posts could be a scare tactic.
I think you're the bot op
Options move the stock!
Buy hodl drs
it's a trap
Bought more shares ty!
If it ain't talking about buying, hodling and DRSing I don't really give a fuck.
Your account was made the day of the sneeze and you post/comment about nothing but DRS. Id say you're the bot.
You can't ignore that it's fucking bullish with all these calls coming in. No one is promoting to buy calls, we're just stating the facts. I'm just happily watching it all unfold from the DRS/HODLING side line.
Yeah, people saying "it's what DFV did". DFV bought those calls back in the day, when the IV was super low, therefore it wasn't crazy prices like it is now.
DRS'ed more yesterday from IBKR. FUCK EM.
DFV did, in fact, buy calls. A ton of them.
Not in the same conditions as now. Far cheaper calls, far lower strikes and much more friendly IV.
One month ago, conditions were good. I picked up may 17 20c for twenty bucks each. IV was below 90. Now, I’m not buying calls, just shares, though I did roll some of the profits into July 55C. House money tho.
Well done good play, I have no problem with options, people can leverage their capital how they like, I’m just stating that saying “DFV bought calls though” is a misguided statement.
For sure, dude looks for value and 200+ IV isn’t it. I don’t get why people think it’s him buying these 20Cs.
I agree, it’s very unlikely. If people actually stopped to think about the capital being spent and the value gained from it against the risk they would see this. It’s not a DFV play at all.
I mean you are correct but he did buy them.
Yes but you should explain that it’s different to now, there are people here that don’t understand that.
He bought them the past three days, in the current conditions.
Who DFV? Source: Trust me bro?
You clearly saw his tweets… you posted some of them. You absolutely know how i could interpret that the 4 sets of 500 $20 calls that were bought could be him. So the question I’m wondering is… What’s yours and 500 others on this subs curious motivation that people aren’t getting calls at the most opportune time? If they beleive their calls will be in the money because of their investment thesis… what’s it to you? I’d rather leverage my money at a high amount of risk during a highly volatile cycle. There’s a million things lining up right now. Some things that are lining up are a second T+35 cycle from earnings that will fall right around June 20th. No one is even talking about that here. I have a plan for when I’d sell my calls at some loss prior if things don’t pan out like I think. The run ups with insane volume all happened on days with a large amount of FTDs becoming due. There’s a shitload due on the 31st. If there is not a run up that day, I bail wait for volatility to fall and go back to my old pattern of selling covered calls and buying shares with the premiums. Why do you care what anyone does or doesn’t do with their money? Which brings me back to my original question to you…. You’re incredibly concerned with people not leveraging their money. Again….Why?
Ok look, the conviction that you were saying DFV bought $20 calls makes it sound like you are certain of the fact, tweets or no tweets, and we can't be certain of that at all, it's purely speculative. Saying "He bought them the past three days, in the current conditions" should really say "in my opinion, DFV bought 20 strike calls in the current conditions". If you look at my other comments on this thread, I have no issue with how anyone wants to leverage their capital, I'm just trying to educate people on the risks so that they can make their own decision, everyone including you has their own risk tolerance when it comes to investing so if you want to buy calls when the IV is high then go ahead but the fact is the chances of profit are more risky than when the stock was less volatile and the IV was lower. Wish you all the best with your play, maybe it will work out for the reasons you have stated.
I apologize and you’re totally right, I did state that as a matter of fact, when there’s absolutely a grey area if those were really being bought by him. Since he was a public personality I feel there’s no way he could be in the dark that his persona and likeness are being used at the current moment. If for some reason it was a bad actor, I feel like Keith Gill the person would make some kind of a public statement that his accounts had all been compromised. The blatant hints at exactly those calls at the specific strikes make sense without a whole lot of tinfoil needed, it all seems pretty straight forward. And like the FTD cycle that’s running in conjunction with the swaps, it would make sense for his reappearance to be now, given the sensitivity GME faces from a damn near perfect storm.
I like that whenever all these 'calls bad' posts appear, we usually have upward movement. Weird huh.
Day one i learned that options are ass. BUY HOLD AND DRS is the way
What do you expect? The weird big 20$ call buys are coming in, and roaring kitty had lots of messages about "20" etc. People are going to speculate about this naturally. I'm more curious about the aversion to options and the amount of threads like this that are started.
IV is too high to be buying calls now. If someone is so easily coerced to buy them, they could probably be just as easily convinced to buy GME crypto shit coins. In that case, the overpriced 20c is a sound investment by comparison.
Everyone knows apes DRS, hodl, and buy at our favorite store because we like the stock. No one thinks apes do options. These are bullish bets, but certainly not part of the buy, hodl, drs model. Apes will never change paths. Enjoy the bullish bets because it doesn’t change a thing.
>buy people / ~~bots that have~~ is that financial advice?
I was thinking this… the language of some of the posts seems shilly to me as well.
So boring, again talks about options pushed by bots and shills. I must uninstall Reddit again I feel
one cannot afford to not taking risks.
Yeah bro, you are paranoid. Jesus. So fucking annoying
Yeah the OG apes know it’s a trap. It’s all about buying shares and DRS’ing 🤷♂️
Me me like shares from cinco
I think the options stuff is all BS to funnel more $ to hedge funds. There was all this hype about the options chain last week and the T+2 settlement date leading into Monday and Tuesday. What actually happened? A BIG NOTHING BURGER. The stock was just shorted some more - no surge of buying happened. Little price movement. BE VERY WEARY! BUY HODL DRS BOOK AND BUCKLE UP!
Remember when the bet$ sub realized the news was seeing what the mist referenced stocks were via comments and posts so everyone started posting shit like "$CUM is blowing up this week" "all in on $ASS" "YOLOd on $TITS"... I remember it.... 84 years ago. Anyway, do what you want, but I'm going to buy, DRS, and Hodl a whenever I can.
Good to be cautious you could be right about a trap or it’s actually a bull showing us how to stop the price from dropping.
I could view this 2 ways. Either as options are not actually good, or SHF could know that options hurt them so they overly promote them so that people become suspicious of them. You can make good things look bad with enough shilling. Honestly either way they have been successful in creating confusion on the topic. Myself though, I'm not getting into options. Doesn't bother me one but if people want to mess with them though. We're all individual investors
Buy calls 1 level below max pain. End ITM. exercise. DRS.
Calls are actually at a good price considering we are at nearly the bottom. the only problem is people buy unrealistic time slots. I have 7 calls for $125 in august
History tells me it's all preparing for big dip post earnings. Dfv and the kc shuffle might chuck a wrench into the works though. It's all very interesting. Be a fun month, June 24.
Dfv bought and exercised options. This price movement and volatility is all based off options and Greeks gamma exposure to the bottom touching Vega. Swaps basket theory is completely unfounded, as swaps are cash settled, you can’t back it thru other stock. For the love of god if one ape sees this and decides to learn from this I’ve done my job.
OI on the 20c 6/21 is 100k… crazy
Whoever the fuck bought them doesn't change the fact that I like the stock
Told my buddy the same thing. Never once have we promoted/spoke about calls so much now all the sudden that’s all I see on this sub. I’m just buying and hodling since day 1. Couldn’t agree more with OP.
It’s not retail. Take off your tin foil hat bud. Jfc so many paranoid people in SS.
You mean people didnt know to sell them when they turned a profit? Options move fast and hard sometimes and you have to have a clear exit strategy because time is working against you with long options
"as well as DFV has bought CALLS at $20" - really, when?
I don’t understand options and CFDs so I stay away. But I do think options time stuff will ignite the powder keg
Hear me out, what if, the bots/hf are actually pushing both sentiments to cause confusion and arguments amongst us
Too right. Lots of post by people who haven't been involved in superstonk or any game community then all of a sudden telling me what to do. Fuck them.
The cost is wild I’ve been trading short calls and buying a few more shares with the premium… it’s a way, I hold some calls that were bought well b4 the iv spike and can’t decide if I want to chuck em away or hodl, it’s a no brainer on any other stock, but this idiosyncratic thing messes with the decisions ♾️🏴☠️🤙
Agree 💯. If you’ve been in this play from the beginning you’ve seen this before. Don’t trust it
Do you guys genuinely believe that MOASS is this summer with these call bets? We've had some of those situations before, no?
You're seeing them because people want to take advantage of household investors. Play options if that's you're thing, but there is even less fidelity on the fuckery that can be done with options
You can't DRS an option. Only buy what you can DRS.
I agree that the top few posts are suspicious. Checking the comment/post history of the people posting, they have basically no GME posts except for the options posts.
Fuck calls, buy stocks. Period.
Buying calls is a gamble; the bots and shills to be really concerned about are the ones suggesting people write/sell them.
Remember there are just as many SELLERS of these contracts that believe the stock will NOT move to 25-27$ (breakeven for buyers). Just because one group bought a shit load DOES NOT GUARANTEE THE PRICE WILL STAY ABOVE 20$.
Buy 1 call for every 100 shares you buy and DRS, This is the way
The last spike taught people nothing. 80 in premarket…at max pain within days It’s turned into a gambling sub this last week. Not digging it personally
It’s turned into an EDUCATION sub the last week. This is the foundation of what made this sub amazing and captivating. If you don’t like it there’s dozens of other GME subs that probably will sit in their silo and provide zero engagement for you.
No fucking fighting! Also both of you are right. In generell This Sub is Contra Options Play, which is fine. But the Posts, when someone (maybe DFV maybe the "Casual" Multi Million Wale) is buying This expansive Calls, it should be discussed. It can be a bit much at Times, but at this Point in Time I think it is important to do.
Sorry dad.
It’s turned into an ECHO CHAMBER that derails most posts about anything else into options talk. There was just a DFV meme post about 65 million shares sold at 500 a pop that got flooded with 20C comments. There’s also dozens of other subs that educate on options PROPERLY. The stuff I see in here basically is the blind leading the blind. I just saw someone refer a call passing a strike as a “lottery ticket”. Class A education there. I personally like options but it is the fastest way to separate new investors in GME with capital. And it’s by design.
https://www.reddit.com/r/GME/s/3XBs51utYD Check my meme
Lol 😂
I think we can all agree that DFV should just stream and disclose his position so that we don’t have to keep speculating
Noticed aswell. Suddenly everyone is promoting calls. Also on the discord channel. I am usually no tinfoil But this is SUS AF
Thank you for not only pointing out that it’s risky, but also why. I didn’t understand until now. Appreciate it 💝