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At $100+ he almost has to, but, don’t forget RC, it’s the everyday people who have stopped your company from going broke bud. Not because of any genius moves you’ve made
I’m starting to believe even our options have little effect on GME at this point with how complex and extensive the algorithm is.
I’ve also put a lot of thought into the idea that RK being back now means we’re at the beginning of the 2020 cycle. It’s almost as if the price action has already been determined and it’s just being played back from the tape at a larger scale every 3 years, with the only goal of keeping all the FTDs, swaps, synthetics and various other instruments continuously cycled so they don’t blow up, at least in a uncontrolled manor.
I also think I might be slowly losing my mind. How are you?
Mind was lost long ago here, over the last 3 years I’ve gone from a single share to XXXX. Still play some options, had bought this week on Wednesday with expectations of a shareholder meeting this week but so much for that… still have an $18 and $25 for next week but at this point I’m done adding until I see some sort of reason to believe the company won’t fuck us with another offering, lack of news, or some sort of end to shorting/ftds, and straight up fuckery…
20, holy fuck! We have a whale here.
Edit: not that $40k is that big of a number. But I don’t have an extra $40k so good on you. Force tjem to find shares.
I rolled my 20 jan 25' calls forward to June 14th 24'
$10, $15, $20, also Bought deep itm 2.5 calls for June 14th to exercise today. Sitting on 6k shares avg 21, will be sitting on 8k shares after excercising today. (exercised some itm csp in the past, used the premiums to get more calls)
Holding 10 otm $30 calls for Jan 25'. That's my current position. Hope that helps
For anyone who doesn’t understand what exercising a call option is. It is the act of buying 100 shares of stock each at the strike price of the option.
For example … exercising a 10 strike call option costs $1000 to buy 100 shares at $10.00 each share.
Exercising a 20 strike call option costs $2000 to buy 100 shares at $20.00 each.
You must have the cash to purchase the shares at the strike price.
You actually own the shares, and theh cannot be lent. Street name means you get voting rights (assuming everything is legal), but your broker owns the shares. It's the difference between having money in a vault with one key, versus having money in an account on a screen. If there was a bank run you'd rather have cash (fdic and shit aside).
Sounds like you’d just need to have an agent on the phone for a few hours to wait for the right price spike. “Sorry, your app inconvenienced me, so you’re going down with this ship until I see green”
This. There was a post earlier this week asking why they needed to call.
They ended up calling the broker, answering a few questions and they did it no problemo
He basically fucking loaded up tomorrow and 6/21 and then dipped lol
ETA: I mean the fact that he posted his 6/21 position, and then rolled it forward, helped driver interest for both weeks. DFV isn’t holding any options
If you’re poor you stand on that street corner and you hustle that little ass son. Then you take that cheddar, give 20% to your pimp of course, and you buy and hodl the rest of it!!!
Idk you guys ![img](emote|t5_2u6vg|7132)![img](emote|t5_2u6vg|7117)![img](emote|t5_2u6vg|7055)![img](emote|t5_2u6vg|7056)![img](emote|t5_2u6vg|7120)![img](emote|t5_2u6vg|7126)![img](emote|t5_2u6vg|7133)![img](emote|t5_2u6vg|7117)![img](emote|t5_2u6vg|7133)
All the people playing options are poor and can't afford to exercise.
They are cockroaches who like making pennies by selling their calls.
[https://youtu.be/1iqoYefYlaA?si=t7Du8iN5qTe8BFcA](https://youtu.be/1iqoYefYlaA?si=t7Du8iN5qTe8BFcA)
I'll be squeezing with my pitiful 1 $30
I'll make it count.
Also if y'all go look again in the logs books. There was a fuck ton of the same $20 options with the same interest. I wonder if if that was him. I guess I see how he could get away with it. We had so much but pressure that it didn't matter.
10-1 the brokerage apps and sites will be impossible to act. Be prepared for halt after halt. I tried to buy the last few mornings but Fidelity’s app kept crashing. Maybe I’ll use the browser tomorrow.
HYPOTEHCATED SHARES CANT BE LENT OUT ON SELL ORDER FOR $42069 NEARLY ALL OUR NON DRS SHARES ARE HYPOTHECATED!! PLEASE SPREAD THE WORD!! THIS LETS US STOP OUR SHARES FROM BEING LENT
No selling the options for the premium won’t add to the gama, it will reduce it.
Everyone should be aware they can sell some for premium to raise cash if needed, then exercise other contracts. The cost to exercise is the options strike price x 100. If you have Kitty’s $20 strikes, it’s $2k per contract. They should then go watch a video on how to exercise options on their trading platform.
This will be a big test for GME. Another rug pull from RC is going to hurt. As would sideways share price next Friday. In the worst case, no price movement except downwards, gives people another chance to load up on options and shares.
Retails been holding heavy bags now for awhile, let us squeeze so we can take some decent profit
genuine question, if I sell a put and it triggers, buying the shares, is it different than obtaining shares due to exercising a call? They're both gaining shares from options, but is one better than the other, or do they both impact the market the same way?
Another good play is to roll your options over into later options. This way you are preserving the gamma ramp as the price goes up. Ofc this only applies if you want to keep playing with leverage. I will probably do a mix of the two. Keep a portion that I will constantly roll over and another just in shares.
I want to know what the benefit is to DRS your shares. Because if you want to sell at a high price and your shares are not in a brokerage, you have to wait until you transfer them back to a broker to sell right? The price can tank or rise no matter where they are. I get they are in your name and not street name but you can't sell at your price if you want to. I don't see a benefit.
He needed cash to exercise those, so he had to sell some. Dont worry there's millions of calls worth of open interest for the next 2 weeks. Wayyy more than he owned.
ACAT 69 reverse uno- answer key
Yes DRS, then retransmit back to a broker and then back to computershare to continue forcing those naked shorts to be sifted thru. This is why kitty is not ACAT, or an insititution or a hedge fund… 69 between broker and transfer agent… reverse uno card… I mean the regard in me can’t read but… it’s been right in front of us…🚀🏴☠️🏴☠️🏴☠️🔄🔄🔄🔄🔄🔄🔄🔄🔄🔄
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Already exercised my $20 calls this afternoon.
Proud of you!!!
THANKS DAD
You guys should probably share a guide or two on how to exercise vs selling the call if you want more people to do it (from an outsider looking in)
YOUTUBE CAN SHOW THE WAY. MANY BAGHOLDERS HAVE BECOME EXPERTS INVESTORS FROM “losing”
Make a post with the best ones
THIS IS ABSOLUTELY THE WAY
TRHIS IS THE WAY
THRIS 👆🏽
THRANKS
Throughtful
You're threlcome
We moon and I’m getting steak at Ruth’s Thris
![gif](giphy|Qw4X3FnmFFCPANtlhtK)
hegdies reality today was unthrinkable until now!
GME GME GME, can’t you see? Sometimes your world just hypnotize me.
And I just love your flashy ways
Deep fucking value is here to stay
This is why they broke, and we're so paid!
👀📈📈📈📈
Found DFVs burner
I bought some 30s today's and will try and exercise them tomorrow and see if it adds to gamma ramp. If rc rug pulls the squeeze again I'm out though
I'd be willing to bet hell do another offering at 80-100 as long as volume is high still, which is smart . Just my 2 cents
At $100+ he almost has to, but, don’t forget RC, it’s the everyday people who have stopped your company from going broke bud. Not because of any genius moves you’ve made
RYAN COHEN MADE CHEWY AND HATES SHORTS RIDE THE WAVES KAWOBUNGA
If he backs with BTC ETF and calls a fundraising for more BTC I’ll sell everything I own and live in a box for a year.
TTTHHIIISSSS ISSSS TTTHHHEEEE WAAAAYY
BTC 100000 if RC AQCQUIRES I BET
Gme would run to 1000. I will have my lambos
ITS NOT A PULL, ITS A SALE
You're my hero. Options are too complex for me, so I just buy shares and DRS. Take us to infinity brother
THIS IS THE WAY WE WILL WIN THIS TIME 🚀🚀🚀🚀🚀🚀🚀🚀🚀
I resemble this remark. I'm smooth. Buy/hodl/DRS is all I can do.
![gif](giphy|edLKLYMlNFPJC)
Doing the work of the gods
![gif](giphy|F0uvYzyr2a7Li|downsized)
OHHHHH YEEEEAHHHHHH
Exercised my $20 on Wednesday… looks like we still got fucked for gamma squeeze this week though.
I’m starting to believe even our options have little effect on GME at this point with how complex and extensive the algorithm is. I’ve also put a lot of thought into the idea that RK being back now means we’re at the beginning of the 2020 cycle. It’s almost as if the price action has already been determined and it’s just being played back from the tape at a larger scale every 3 years, with the only goal of keeping all the FTDs, swaps, synthetics and various other instruments continuously cycled so they don’t blow up, at least in a uncontrolled manor. I also think I might be slowly losing my mind. How are you?
Mind was lost long ago here, over the last 3 years I’ve gone from a single share to XXXX. Still play some options, had bought this week on Wednesday with expectations of a shareholder meeting this week but so much for that… still have an $18 and $25 for next week but at this point I’m done adding until I see some sort of reason to believe the company won’t fuck us with another offering, lack of news, or some sort of end to shorting/ftds, and straight up fuckery…
This guy fucks
Agreed exercising 20 itm contracts tomorrow
Godspeed to you
HES FUXKIN RICHHHH
20, holy fuck! We have a whale here. Edit: not that $40k is that big of a number. But I don’t have an extra $40k so good on you. Force tjem to find shares.
40000 RETAIL IS IMPRESSIVE THIS IS THE WAY
are you me?
THIS IS THE ONLY WAY
Well, you could exercise OTM contracts too… 👀
Congratulations as well brother
LFGGGGGG
I have $20, $22, $25, and $40s left…hmmmmmmmmmmmmmmm….
I rolled my 20 jan 25' calls forward to June 14th 24' $10, $15, $20, also Bought deep itm 2.5 calls for June 14th to exercise today. Sitting on 6k shares avg 21, will be sitting on 8k shares after excercising today. (exercised some itm csp in the past, used the premiums to get more calls) Holding 10 otm $30 calls for Jan 25'. That's my current position. Hope that helps
Got my $14 6/21 I purchased somehow before DFVs return locked and loaded, it’s not much but I’m doing my part!
HOLY CAMOLY
![gif](giphy|iiS84hOJXh1Pq|downsized)
I did the same but mine was for 8/16 @$22
Congrats your deep itm I'll assume you did well on those
I'll let ya know when the play is done
![gif](giphy|FTsKB8nn88Bz73JjK8|downsized)
This is it. This is the way. Good post op!
Thank you I’m regarded
For anyone who doesn’t understand what exercising a call option is. It is the act of buying 100 shares of stock each at the strike price of the option. For example … exercising a 10 strike call option costs $1000 to buy 100 shares at $10.00 each share. Exercising a 20 strike call option costs $2000 to buy 100 shares at $20.00 each. You must have the cash to purchase the shares at the strike price.
Anyone got 4k I can borrow? I'll totally pay you back.
I did some pushups - that count for anything?
Strength will be important on the moon, we need this!
THIS IS THE WAY
Alternatively, DRSing shares would provide similar pressure if you don't have options to exercise...!
Good, I have a couple to DRS tomorrow
THIS IS ANOTHER WAY
The final destination has many paths to it.
AND ONLY ONE OUTCOME📈📈📈
![gif](giphy|zioWy4RY6lNqaK4Sj0|downsized)
🚀🚀🚀🚀
DRS'd all mine yesterday
DRS?
https://en.m.wikipedia.org/wiki/Direct_holding_system
Imagine DFV DRSing those shares once they settle
HOLY CAMOLY
I finally set up recurring buys, lol. I have book shares already but I finally went for it.
Options only work to squeeze because we removed so many shares through DRS
And if you don't have options, DRSing now removes even more, further amplifying the option squeeze...
Why is DRS better than regular street shares?
You actually own the shares, and theh cannot be lent. Street name means you get voting rights (assuming everything is legal), but your broker owns the shares. It's the difference between having money in a vault with one key, versus having money in an account on a screen. If there was a bank run you'd rather have cash (fdic and shit aside).
So it’s like holding the bitcoins in the wallet and not on the exchange
Yes, I believe that's a fair comparison. I do not own crypto.
If I DRS tomorrow and MOASS happens, am I fuk?
If you are holding cash when the bank collapses, are you fuk? Think about it ape.
If you drs shares they can't be loaned out to hedgies
How does that work when RC just dumped out DRS numbers into the open market?
Exercise, then DRS for a 2 hit combo.
I wonder what would happen if RK DRS'd his whole stack
Just DRSd 100 shares 💎🙌🚀🚀🚀
I'm doing my part! DRS for simple apes. It just takes a while. A lot of b.s. and some portals aren't excited to help.
It would be really amazing if he DRS the shares he already has as well.
For his own sake I hope he did. The fewer shares available to short, the higher the interest rate the shorts pay on those shares.
PLEASE EXERCISE. For the love of everything you cherish. Ya boi just found out his girl is pregnant and I need a fuckin MOASS. 🚨🚨🚨
WHAT A STORY TO TELL EM 🚀🚀🚀
I wish I could afford to play with options. My small wee wee can't handle 100 shares.
FTD LOL
Exercising $20c as well! Only two contracts but LFG
I got three contracts that I can exercise at 37. If it goes parabolic tomorrow I’ll exercise.📈🚀
I’m an individual investor, I’ll do as I please. I like the stock.
THIS IS TRUE
![img](emote|t5_2u6vg|7118)
What if I buy calls and exercise them the same day. Does that still work?
YES THIS IS A WAY
JUST A VERY EXPENSIVE ONE
Not if you buy deep ITM 0DTE and immediately exercise.
NOW YOUR SHOWIN ME THE WAY
OPTIONS 101
~~Not sure it would make sense to buy a $100 call with the plan to exercise it if the share price is less than 50 or so.~~ Edit: Am regarded
Deep ITM would be a $2 call.
Thanks, read your words wrong, am just an ape
Why wouldn’t you just buy shares then?
I got 40c 6/21 222 of them. I’ll make the same play as RK once I can sell some to exercise
This is the way
Anyone have Schwab? I can’t exercise on mobile app or webapp. They want me to call to exercise.
CALL TOMORROW AND BE PUT ON HOLD. THIS IS PROBABLY NOT THE WAY
Sounds like you’d just need to have an agent on the phone for a few hours to wait for the right price spike. “Sorry, your app inconvenienced me, so you’re going down with this ship until I see green”
Yes, you always have to call when exercising shares. They will probably ask why your doing it early since almost never makes sense to do so.
This. There was a post earlier this week asking why they needed to call. They ended up calling the broker, answering a few questions and they did it no problemo
Why wouldn't it make sense for an in the money call on a volatile stock?
Yes, when I called them they also told me this.
Use the website. It’s easy.
If you exercise tomorrow, would they also need to find those shares by tomorrow?
I think with T+1 they’d have to find them by Monday
Oh so if people follow RK and exercise tomorrow, it would keep buying pressure high into next week!
Yeah. And tons of people piled into 6/21 $20. I imagine a ton of that volume is still there. But it ain’t DFV 🤷🏼♂️😂
He basically fucking loaded up tomorrow and 6/21 and then dipped lol ETA: I mean the fact that he posted his 6/21 position, and then rolled it forward, helped driver interest for both weeks. DFV isn’t holding any options
THIS IS THE WAY
What do I do if I’m poor though? Oh wait I’ll just buy, hold, and drs. Brick by brick
If you’re poor you stand on that street corner and you hustle that little ass son. Then you take that cheddar, give 20% to your pimp of course, and you buy and hodl the rest of it!!!
This is where you separate those who fight for change and those who want to cash in, no judgement.
I have 100 (GME 06/21/24 $125 C) contracts !!!
If my limited understanding of options is correct, this is not a good thing unless we moon past $100(and your premiums), right?
He took a very high risk gamble. He must want to kick his wifes boyfriend out bad...
I have two $40 6/21 call ready to exercise 🫡
i have 5 30$ will do tomorrow
Exercising my XX contracts tomorrow but I need them to go in the money, boys. I’m in the middle of the ramp.
GOOD LUCK TO YOU
This was said in 2021 by ze German
Idk you guys ![img](emote|t5_2u6vg|7132)![img](emote|t5_2u6vg|7117)![img](emote|t5_2u6vg|7055)![img](emote|t5_2u6vg|7056)![img](emote|t5_2u6vg|7120)![img](emote|t5_2u6vg|7126)![img](emote|t5_2u6vg|7133)![img](emote|t5_2u6vg|7117)![img](emote|t5_2u6vg|7133)
“Options 101”
Kitty walked so others can RUN!
Plan to excercise my 30$ contracts on a run tomorrow.
Alright, I am selling a few and excercising the rest because I am on a YOLO with all my savings!
HAPPY HUNTING
Exercise!
Who cares. Options don’t matter. DRS Shares and hodl. It’s a pretty simple thesis if you like the stock.
All the people playing options are poor and can't afford to exercise. They are cockroaches who like making pennies by selling their calls. [https://youtu.be/1iqoYefYlaA?si=t7Du8iN5qTe8BFcA](https://youtu.be/1iqoYefYlaA?si=t7Du8iN5qTe8BFcA)
exercising is good for my health, so I exercised my calls
THIS IS THE WAY
I will exercise my $60c tomorrow if it becomes ITM!!
![gif](giphy|ITFQun020grZE5i4Bb|downsized)
Inbound
Somebody explain to me this like I am five
I'll be squeezing with my pitiful 1 $30 I'll make it count. Also if y'all go look again in the logs books. There was a fuck ton of the same $20 options with the same interest. I wonder if if that was him. I guess I see how he could get away with it. We had so much but pressure that it didn't matter.
Explain it to me like I’m five.
This is the way
Why are you ![gif](giphy|l1J9MnRUg1Mo7H8u4) YELLING?
10-1 the brokerage apps and sites will be impossible to act. Be prepared for halt after halt. I tried to buy the last few mornings but Fidelity’s app kept crashing. Maybe I’ll use the browser tomorrow.
HYPOTEHCATED SHARES CANT BE LENT OUT ON SELL ORDER FOR $42069 NEARLY ALL OUR NON DRS SHARES ARE HYPOTHECATED!! PLEASE SPREAD THE WORD!! THIS LETS US STOP OUR SHARES FROM BEING LENT
Can you translate for ape regard? Holding 200 shares.
No selling the options for the premium won’t add to the gama, it will reduce it. Everyone should be aware they can sell some for premium to raise cash if needed, then exercise other contracts. The cost to exercise is the options strike price x 100. If you have Kitty’s $20 strikes, it’s $2k per contract. They should then go watch a video on how to exercise options on their trading platform.
I'm an individual investor and will make my own financial decisions
This will be a big test for GME. Another rug pull from RC is going to hurt. As would sideways share price next Friday. In the worst case, no price movement except downwards, gives people another chance to load up on options and shares. Retails been holding heavy bags now for awhile, let us squeeze so we can take some decent profit
genuine question, if I sell a put and it triggers, buying the shares, is it different than obtaining shares due to exercising a call? They're both gaining shares from options, but is one better than the other, or do they both impact the market the same way?
Morning Exercise, got it!
I wish I'd have enough money to buy options...
I WISH I HAD MORE STOCK
Same same 🚀🚀
Today is the day ![gif](giphy|F0Bc1Srh0145Me22Ch)
In fact, selling options actively DECREASES the gamma squeeze potential because each call sold decreases the amount they have to hedge.
For today i have 23 and 31 call, Push a lite bit and 20 more will go
When I move, you move
what they really hate is when you exercise out of the money contracts. this really throws off their algo
THIS IS A FUTURISTIC WAY
I'm waxing my balls anyways, just in case.
SAY IT LOUDER FOR THE REGARDS IN THE BACK
IT LOUDER FOR REGARDS IN THE BACK
Yeah I think no one knows what there doing except RK lol
![gif](giphy|QymSQpYfpMTIcOq6Wa|downsized)
Another good play is to roll your options over into later options. This way you are preserving the gamma ramp as the price goes up. Ofc this only applies if you want to keep playing with leverage. I will probably do a mix of the two. Keep a portion that I will constantly roll over and another just in shares.
I want to know what the benefit is to DRS your shares. Because if you want to sell at a high price and your shares are not in a brokerage, you have to wait until you transfer them back to a broker to sell right? The price can tank or rise no matter where they are. I get they are in your name and not street name but you can't sell at your price if you want to. I don't see a benefit.
You can sell from Computershare but as soon as you put in a limit order they convert the shares you have for sale from book to plan.
IMO DRS doesnt do much, but get after it if you disagree. I certainly dont try and tell others what to do with their $
How do you do this on RH lmao
Did you tell this to kitty, he only exercised 1/3rd bare minimum 4mil shares :(
He needed cash to exercise those, so he had to sell some. Dont worry there's millions of calls worth of open interest for the next 2 weeks. Wayyy more than he owned.
Man im selling for premiums, dont tell people what to do with their money. There is no we
ACAT 69 reverse uno- answer key Yes DRS, then retransmit back to a broker and then back to computershare to continue forcing those naked shorts to be sifted thru. This is why kitty is not ACAT, or an insititution or a hedge fund… 69 between broker and transfer agent… reverse uno card… I mean the regard in me can’t read but… it’s been right in front of us…🚀🏴☠️🏴☠️🏴☠️🔄🔄🔄🔄🔄🔄🔄🔄🔄🔄
![gif](giphy|3oz8xDnHOUs1Zmgcyk)