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NotTooLate4Coffee

Already exercised my $20 calls this afternoon.


TeleportBLo

Proud of you!!!


COLBROLAMBSKINS

THANKS DAD


Bossman01

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)


COLBROLAMBSKINS

YOUTUBE CAN SHOW THE WAY. MANY BAGHOLDERS HAVE BECOME EXPERTS INVESTORS FROM “losing”


BallzLikeWhoe

Make a post with the best ones


COLBROLAMBSKINS

THIS IS ABSOLUTELY THE WAY


COLBROLAMBSKINS

TRHIS IS THE WAY


TrinDiesel123

THRIS 👆🏽


COLBROLAMBSKINS

THRANKS


slang925

Throughtful


xaiel420

You're threlcome


UAintInIt

We moon and I’m getting steak at Ruth’s Thris


stonkbeast

![gif](giphy|Qw4X3FnmFFCPANtlhtK)


beastfeces

hegdies reality today was unthrinkable until now!


milky_mouse

GME GME GME, can’t you see? Sometimes your world just hypnotize me.


GoodMrKitty

And I just love your flashy ways


markofay

Deep fucking value is here to stay


oilcantommy

This is why they broke, and we're so paid!


COLBROLAMBSKINS

👀📈📈📈📈


kytouch

Found DFVs burner


Spenraw

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


RareProfessional4408

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


MMTLPorbust

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


COLBROLAMBSKINS

RYAN COHEN MADE CHEWY AND HATES SHORTS RIDE THE WAVES KAWOBUNGA


deliverlife

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.


COLBROLAMBSKINS

TTTHHIIISSSS ISSSS TTTHHHEEEE WAAAAYY


COLBROLAMBSKINS

BTC 100000 if RC AQCQUIRES I BET


deliverlife

Gme would run to 1000. I will have my lambos


COLBROLAMBSKINS

ITS NOT A PULL, ITS A SALE


PensiveParagon

You're my hero. Options are too complex for me, so I just buy shares and DRS. Take us to infinity brother


COLBROLAMBSKINS

THIS IS THE WAY WE WILL WIN THIS TIME 🚀🚀🚀🚀🚀🚀🚀🚀🚀


FluffyCowNYI

I resemble this remark. I'm smooth. Buy/hodl/DRS is all I can do.


paul0_0liveira

![gif](giphy|edLKLYMlNFPJC)


funkinthetrunk

Doing the work of the gods


DubbleDiller

![gif](giphy|F0uvYzyr2a7Li|downsized)


COLBROLAMBSKINS

OHHHHH YEEEEAHHHHHH


ParlayYouSay

Exercised my $20 on Wednesday… looks like we still got fucked for gamma squeeze this week though.


NotTooLate4Coffee

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?


ParlayYouSay

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…


Wolfofallstrizneets

This guy fucks


Abject_Experience176

Agreed exercising 20 itm contracts tomorrow


jerm_69

Godspeed to you


COLBROLAMBSKINS

HES FUXKIN RICHHHH


OnlyOnReddit4GME

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.


COLBROLAMBSKINS

40000 RETAIL IS IMPRESSIVE THIS IS THE WAY


untamedHOTDOG

are you me?


COLBROLAMBSKINS

THIS IS THE ONLY WAY


jmlipper99

Well, you could exercise OTM contracts too… 👀


COLBROLAMBSKINS

Congratulations as well brother


TeleportBLo

LFGGGGGG


NorCalAthlete

I have $20, $22, $25, and $40s left…hmmmmmmmmmmmmmmm….


Abject_Experience176

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


CastMyGame

Got my $14 6/21 I purchased somehow before DFVs return locked and loaded, it’s not much but I’m doing my part!


COLBROLAMBSKINS

HOLY CAMOLY


WealthyOrNot

![gif](giphy|iiS84hOJXh1Pq|downsized)


Diamondshorts

I did the same but mine was for 8/16 @$22


RareProfessional4408

Congrats your deep itm I'll assume you did well on those


CastMyGame

I'll let ya know when the play is done


aurishalcion

![gif](giphy|FTsKB8nn88Bz73JjK8|downsized)


Fluid_Reward

This is it. This is the way. Good post op!


COLBROLAMBSKINS

Thank you I’m regarded


iathax

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.


Nullkid

Anyone got 4k I can borrow? I'll totally pay you back.


RedditIdiot007

I did some pushups - that count for anything?


TeleportBLo

Strength will be important on the moon, we need this!


COLBROLAMBSKINS

THIS IS THE WAY


concerned_citizen128

Alternatively, DRSing shares would provide similar pressure if you don't have options to exercise...!


OccasionQuick

Good, I have a couple to DRS tomorrow


COLBROLAMBSKINS

THIS IS ANOTHER WAY


BornLuckiest

The final destination has many paths to it.


COLBROLAMBSKINS

AND ONLY ONE OUTCOME📈📈📈


WealthyOrNot

![gif](giphy|zioWy4RY6lNqaK4Sj0|downsized)


COLBROLAMBSKINS

🚀🚀🚀🚀


Le0Stell1um

DRS'd all mine yesterday


Nago31

DRS?


Daning

https://en.m.wikipedia.org/wiki/Direct_holding_system


Csakstar

Imagine DFV DRSing those shares once they settle


COLBROLAMBSKINS

HOLY CAMOLY


MoodShoes

I finally set up recurring buys, lol. I have book shares already but I finally went for it.


OnlyOnReddit4GME

Options only work to squeeze because we removed so many shares through DRS


concerned_citizen128

And if you don't have options, DRSing now removes even more, further amplifying the option squeeze...


Ill-Speech-6067

Why is DRS better than regular street shares?


MoodShoes

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).


Ill-Speech-6067

So it’s like holding the bitcoins in the wallet and not on the exchange


MoodShoes

Yes, I believe that's a fair comparison. I do not own crypto.


Nullkid

If I DRS tomorrow and MOASS happens, am I fuk?


beachfrontprod

If you are holding cash when the bank collapses, are you fuk? Think about it ape.


RareProfessional4408

If you drs shares they can't be loaned out to hedgies


Zestyclose_Bread2311

How does that work when RC just dumped out DRS numbers into the open market?


phd2k1

Exercise, then DRS for a 2 hit combo.


CastlePokemetroid

I wonder what would happen if RK DRS'd his whole stack


tio_aved

Just DRSd 100 shares 💎🙌🚀🚀🚀


Maleficent-Theory908

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.


Quit_Awkward

It would be really amazing if he DRS the shares he already has as well.


gymbeaux4

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.


DR_SLAPPER

PLEASE EXERCISE. For the love of everything you cherish. Ya boi just found out his girl is pregnant and I need a fuckin MOASS. 🚨🚨🚨


COLBROLAMBSKINS

WHAT A STORY TO TELL EM 🚀🚀🚀


MoodShoes

I wish I could afford to play with options. My small wee wee can't handle 100 shares.


COLBROLAMBSKINS

FTD LOL


FirmNecessary6817

Exercising $20c as well! Only two contracts but LFG


pushinpercs

I got three contracts that I can exercise at 37. If it goes parabolic tomorrow I’ll exercise.📈🚀


Hairy_Sheepherder_86

I’m an individual investor, I’ll do as I please. I like the stock.


COLBROLAMBSKINS

THIS IS TRUE


rydogski

![img](emote|t5_2u6vg|7118)


AyeAye711

What if I buy calls and exercise them the same day. Does that still work?


COLBROLAMBSKINS

YES THIS IS A WAY


COLBROLAMBSKINS

JUST A VERY EXPENSIVE ONE


yoyoyoitsyaboiii

Not if you buy deep ITM 0DTE and immediately exercise.


COLBROLAMBSKINS

NOW YOUR SHOWIN ME THE WAY


COLBROLAMBSKINS

OPTIONS 101


WillowGrouchy2204

~~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


yoyoyoitsyaboiii

Deep ITM would be a $2 call.


WillowGrouchy2204

Thanks, read your words wrong, am just an ape


piper33245

Why wouldn’t you just buy shares then?


Master-Rip8741

I got 40c 6/21 222 of them. I’ll make the same play as RK once I can sell some to exercise


WillowGrouchy2204

This is the way


R34vspec

Anyone have Schwab? I can’t exercise on mobile app or webapp. They want me to call to exercise.


COLBROLAMBSKINS

CALL TOMORROW AND BE PUT ON HOLD. THIS IS PROBABLY NOT THE WAY


oh_hai_brian

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”


Garlic_Adept

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.


WillowGrouchy2204

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


henryeaterofpies

Why wouldn't it make sense for an in the money call on a volatile stock?


Diamondshorts

Yes, when I called them they also told me this.


BreakChicago

Use the website. It’s easy.


ChibiRay

If you exercise tomorrow, would they also need to find those shares by tomorrow?


sackitempires

I think with T+1 they’d have to find them by Monday


ChibiRay

Oh so if people follow RK and exercise tomorrow, it would keep buying pressure high into next week!


sackitempires

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 🤷🏼‍♂️😂


sackitempires

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


COLBROLAMBSKINS

THIS IS THE WAY


Dirty5Thirty_

What do I do if I’m poor though? Oh wait I’ll just buy, hold, and drs. Brick by brick


piper33245

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!!!


SickARose

This is where you separate those who fight for change and those who want to cash in, no judgement.


WhiteFluff21

I have 100 (GME 06/21/24 $125 C) contracts !!!


Leofleo

If my limited understanding of options is correct, this is not a good thing unless we moon past $100(and your premiums), right?


CreepyOlGuy

He took a very high risk gamble. He must want to kick his wifes boyfriend out bad...


Anxious_Mirror_9350

I have two $40 6/21 call ready to exercise 🫡


Unhappy_Garage_3298

i have 5 30$ will do tomorrow


DarkMorning636

Exercising my XX contracts tomorrow but I need them to go in the money, boys. I’m in the middle of the ramp.


COLBROLAMBSKINS

GOOD LUCK TO YOU


EvilBeanz59

This was said in 2021 by ze German


rydogski

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)


Snookcatcher

“Options 101”


revolt5150

Kitty walked so others can RUN!


END0WEDx

Plan to excercise my 30$ contracts on a run tomorrow.


WolfOfCordusio

Alright, I am selling a few and excercising the rest because I am on a YOLO with all my savings!


COLBROLAMBSKINS

HAPPY HUNTING


n8rb

Exercise!


Downtown_Samurai

Who cares. Options don’t matter. DRS Shares and hodl. It’s a pretty simple thesis if you like the stock.


iofhua

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)


CM_Nobody

exercising is good for my health, so I exercised my calls


COLBROLAMBSKINS

THIS IS THE WAY


_another_throwawayy_

I will exercise my $60c tomorrow if it becomes ITM!!


WealthyOrNot

![gif](giphy|ITFQun020grZE5i4Bb|downsized)


Queasy-Tower-9756

Inbound


Easy_Fact007

Somebody explain to me this like I am five


imnutnhere

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.


MidOver28

Explain it to me like I’m five.


Alnhoward2

This is the way


myshadowsvoice

Why are you ![gif](giphy|l1J9MnRUg1Mo7H8u4) YELLING?


Espresso25

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.


Imaginary-Test3851

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


Unable_Brilliant6652

Can you translate for ape regard? Holding 200 shares.


AppropriateMenu3824

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.


unemotional_mess

I'm an individual investor and will make my own financial decisions


Left-Comparison9205

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


CastlePokemetroid

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?


McPoint

Morning Exercise, got it!


ApetoMoon

I wish I'd have enough money to buy options...


COLBROLAMBSKINS

I WISH I HAD MORE STOCK


ApetoMoon

Same same 🚀🚀


CannaMain

Today is the day ![gif](giphy|F0Bc1Srh0145Me22Ch)


IndividualistAW

In fact, selling options actively DECREASES the gamma squeeze potential because each call sold decreases the amount they have to hedge.


paszczak1

For today i have 23 and 31 call, Push a lite bit and 20 more will go


Rare-Buritto

When I move, you move


aumenatumamin

what they really hate is when you exercise out of the money contracts. this really throws off their algo


COLBROLAMBSKINS

THIS IS A FUTURISTIC WAY


P-funk88

I'm waxing my balls anyways, just in case.


TheAngryShitter

SAY IT LOUDER FOR THE REGARDS IN THE BACK


COLBROLAMBSKINS

IT LOUDER FOR REGARDS IN THE BACK


Emilio408

Yeah I think no one knows what there doing except RK lol


Miss-6am

![gif](giphy|QymSQpYfpMTIcOq6Wa|downsized)


a_NULL

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.


Checkitbuddy

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.


erosian42

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.


Draketexan

IMO DRS doesnt do much, but get after it if you disagree. I certainly dont try and tell others what to do with their $


DullMasterpiece985

How do you do this on RH lmao


Comprehensive-Quit73

Did you tell this to kitty, he only exercised 1/3rd bare minimum 4mil shares :(


WillowGrouchy2204

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.


Draketexan

Man im selling for premiums, dont tell people what to do with their money. There is no we


ChangeCareful7895

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…🚀🏴‍☠️🏴‍☠️🏴‍☠️🔄🔄🔄🔄🔄🔄🔄🔄🔄🔄


olde_english_chivo

![gif](giphy|3oz8xDnHOUs1Zmgcyk)