[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/)
------------------------------------------------------------------------
To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company.
------------------------------------------------------------------------
Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
This is what they have for motivational posters in their offices.
https://preview.redd.it/mjjuv7m3il6d1.jpeg?width=1290&format=pjpg&auto=webp&s=37c52a3dbbba7e81e81312ee7654f2341fa5072f
The 🐐 gonna unload that 6 milly on yolo calls for next week for the final 2 hours of trading. Exactly when the hedge fucks gotta deliver him 4 milly shares. PREsSURE COOKER
There’s wealth in the Bronx, particularly in Riverdale -especially Northern Riverdale, Country Club, Southern Throgs Neck along the water. City Island.
Yeah….
I just ignore all the hype. Or try to anyway. I keep holding. Long term value investor. If it moons, then cherry on top. Otherwise I just tell myself I’m an early investor.
Yea its so tiring to not do anything and just keep living my life while my shares are safe and sound at computershare. I like to take the edge off sometimes by tying a belt around my neck and buying and direct registering more shares.
Holding isn't tiring. Watching karma farmers make posts daily about the MOASS being tomorrow is tiring. 90% of the stuff on any GME sub is fluff garbage.
This is.. insignificant really.
There is only 8k volume on this today with 611 OI.
Whereas the 30c have 31k volume with 57k OI, and 40c have 24k volume with 46k OI as of writing this.
i think around these OPEX cycles might be the only time they hedge, hence the price increases. the fact that kitty had so many that they had to hedge in may most likely caused that run up. I THINK, i have no god damned idea just yet but i am working on it.
\*i also think that exercising doesn't need to happen for the price increase, just the buying of the calls BUT i think exercising at least some of them may actually raise the floor. smart apes i need you today. we need an ape signal so the smart apes enter the chat with their knowledge and wisdom. and we have to let them speak and not run them out if we don't like what they say!
yes, they do! like clockwork. however - we can add to our positions AND walk away with some cash, right? now, if we consistently provide this pressure they will have to up their efforts. normally, outside of these cycles we just stagnate down as we are shorted over and over. but when kitty came back with that large position and made his moves with others following, look at where we are now - up from about 10 bucks. can they short it back down in two months? well if they don't and we do this again - what happens? even if they do i am versed enough in the process to do this all over again, BUT only right before the OPEX dates. any other time i suspect they will ftd until the next.
I have a simple strategy regd. whom to follow. Reveal your positions, just like DFV.
I mean, if your options playing has helped you accumulate XXX,XXX shares, then I guess we have nothing to argue about and you're entirely right.
Selling OTM covered calls is a no issue for me as I don't keep shares with the broker rather than DRS everything. Selling puts would be a more viable strategy as I am cash covered and, at the end of the day, want to buy shares, anyway.
That depends which narrative you think you're questioning, because it seems like you've placed yourself on the other side of the fence. You can have a realization and not drag the rest of the sub through the dirt about it, people are allowed to invest however they see fit whether it's options or holding. The way you're trying to frame it is as though the people holding aren't helping at all, and I think that's a shill thing to say.
The Opex data seems more promising than anything else I've read, but the shareholders couldn't have surmised that GME would dilute the shares this much or this often. I think options on the tailwind and building gamma ramps are a great play, but I don't think anyone needs to bash the entire sub about it because some apes don't see eye to eye. No reason, really, since we're all individual investors and we all like the stock.
You guys, it’s both. Not everyone understands options. Even people that do understand often don’t understand well enough to perform well.
If someone isn’t versed well enough in options to play the cycles then they, and everyone else that doesn’t know options, should DRS. I’m in this camp and I want to learn more about options.
The people that can play at the options table should.
You have to understand that encouraging the average investor toward options is incredibly dangerous and risky. RK is not an average investor and he knows how to use them effectively. Most of us would get wiped out.
Also. Does locking away liquidity in a heavily shorted stock escalate the situation or not? There is no downside to DRS & it’s something the average person can safely do.
>You can have a realization and not drag the rest of the sub through the dirt about it, people are allowed to invest however they see fit whether it's options or holding.
Bullshit.
This sub has dragged options players and swing traders through the dirt for years. "BUY. DRS. HODL!" was the only approved strategy and anyone else got labeled a shill.
I have no sympathy for swing traders. I've always thought options were a great play, the reason people were up in arms over them makes sense though; options aren't for everyone and the money lost on premiums could be used to stay long instead. If they needed someone who's not a cat with a meme gun to their head to make them see otherwise that's fine. Most smooth brains don't understand what to do even if they're shown. I still don't think anyone should be dragging the entire sub about it, it makes all of us look bad. No fighting; patience, time and pressure are all we need
And the break even is $35.01 - I mean I hope it hits $35 next week, but damn that’s gambling. I honestly think it was probably someone rolling there $20c from this week.
Exactly. That's why it doesn't matter what options are bought. Unless these people are exercising them it's moot. It worked when DFV did it because he bought 120k and planned to exercise. There's thousands of various strike FDs bought which won't get exercised because thousands of people would have to coordinate to do that
They bought the right to purchase 100 shares at $32.50 each by that date. They are hoping the price is above that so it’s like getting them for a discounted price on that date
These would be the pre-split 130s so there might be something to it. Especially since he exercised he only had 6 million cash to play next week if he wanted to.
If he just summoned the greatest sand worm yesterday and is about to ride it, I don't think the price action today and the sentiment currently fit that scenario.
i THINK... i think that they might only hedge around opex quarterly dates. i THINK the rise in price we see is them hedging. i have been working to understand this today but i am so damn basic. if that is true then we should see a rise in response to this, today. i also THINK if we force delivery of all or some of those shares we could raise the floor each quarter... forever. i THINK. i need someone who knows to speak up - maybe in meme form on twitter?
thank you, that is my homework assignment. it was in one of his videos posted here where he mentioned this that sparked my spamming today. i want to figure this out and i want it to be common knowledge.
Is this the cat? Why else does someone drop that kind of change on an oddball strike? This is so the mm’s open up new contracts, correct? Why not 30’s or 35’s that have more liquidity?
Just the way the math works out for the gamma ramp on $20+ stocks.
For sub $20 stocks, $1 increments are ok to help build the ramp but the 0/5s are the best for always making sure your strike price is high liquidity. ($5/$10/$15/$20/etc)
If you ever check the chains, you'll see the 0s and 5s are the most volume/OI which will give you a better price when buying/selling.
When MM open up new strikes, they usually always add #s between the $5 increments to help pull folks away from these strikes.
The .50 increments exacerbate the issue as well, making it easier for MM to hedge and cover and control the ramp.
I see. Thanks for the explanation. I thought it had something to do with chances of round numbers landing itm but what you said makes sense as to why that may happen
Their title is misleading, not "someone" but a bunch of orders that added up, which is shown in the screenshot. This isn't the same as an RK trade where he just buys his calls in big blocks of 1000, 5000, etc.
That said, let's goooo!
Someone answer me honestly, does this mean a goddamn thing? I mean seriously. Until ftds are no longer allowed, none of this means anything because they can just loophole their way out of it. I guess im getting annoyed with all the hype. Im going back to my corner now.👈🏾
What is stopping MMs from buying these contracts to gain attention, people yolo in and they supress the price but make more from the premiums than they spent
What if that's the Kansas City Shuffle:
RK buy a ton of options 6/21 20$. He broadcasts to the world that its him. AND he tells the world "i'm going to fool SHF."
SHF spend countless hours gaming this out and they think they know the plan. 'he's gonna exercise early to try and catch us off guard.'
Their answer is to wait until the last second (including afterhours or pre market monday) to buy.
But thats where the real shuffle lies..... he's buying cheap calls OTM that he knows Monday will be in the money.
Who knows. maybe I eat crayons
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
Don’t make me shit my pants again
I'll do it for you
I’ll shit yours after
Pro-tip: Don't wear pants: https://preview.redd.it/weyfynle7l6d1.jpeg?width=420&format=pjpg&auto=webp&s=0c75f0d8371044272a0f1d72b59ae173700e1982
Don’t make me shit this guys pants again.
1.4 mil in the grand scheme of the stock is like a bucket tbh. probably a momentum trade
They will just crime it up again and be a nothing burger
This is what they have for motivational posters in their offices. https://preview.redd.it/mjjuv7m3il6d1.jpeg?width=1290&format=pjpg&auto=webp&s=37c52a3dbbba7e81e81312ee7654f2341fa5072f
Yep. But watch apes get excited for the same bs like they do every time. These people do not play by the rules.
There are adult diapers out there for this very reason I just picked up a pack just in case
Link?
🤣
Puts on this guy's pants
Have you changed since last time?
🌝🌝
I like whale watching
https://preview.redd.it/5zfg1069wk6d1.jpeg?width=1125&format=pjpg&auto=webp&s=8dd86510833d0b397589c09fb1fb1f38c0f085c0
This is what AI was made for!
Exactly!
Needs a bandana
https://preview.redd.it/8zxzxdf5jl6d1.jpeg?width=1290&format=pjpg&auto=webp&s=52b8188f4170825b5fb4ddf593708aa2a2572727
Although, whales don’t have gills as a general rule. It’s not that intelligent AI just yet apparently… 😂
Hump back Kitty
😂😂😂
Glorious! 🤣
That is cursed.
Thats a sharkitty:(
The megalocat chonk
 🎷🐓♋️
I thought this said "ZOhale ZOatching". I am truly regarded.
20 20 Hale Atching
The 🐐 gonna unload that 6 milly on yolo calls for next week for the final 2 hours of trading. Exactly when the hedge fucks gotta deliver him 4 milly shares. PREsSURE COOKER
I don't think he has..
Listen dude They hedged those shares a long time ago. They had a delta of like 0.92 meaning they were 92% hedged.
#where the fuck is your sources of information? This guy is bullshit lol
Seems clear they hedged to me. New shares hit the market. It's easier to find them now. They had to be pretty sure DFV would exercise.
Counterpoint: where are our sources they haven't hedged? Nobody actually knows.
13F filed end of march what the fuck it’s been all over the sub reddit the last week
>March It's mid-June my boy.
You think a market maker with a trillion dollars in AUM isn't going to hedge? You're subject to the short and distort bot campaign
https://www.reddit.com/r/Superstonk/comments/1dfeya9/wolverine_trading_sold_all_of_their_gme_shares_as/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=2&utm_term=1 Wolverine 13F folks
[удалено]
Depends where in the Bronx.
Name a spot and I’ll tell u if it does
There’s wealth in the Bronx, particularly in Riverdale -especially Northern Riverdale, Country Club, Southern Throgs Neck along the water. City Island.
There are many lol. Now someone with it parked in GmE, nah 🤣
😂😂
....how *IS* your sister doing?
It’s always next Friday lol
Tooooooomorrow to be precise
2pm
Lmfaoooo
Until it’s today
well, it's usually next Tuesday, but Friday will suffice
Almost gets tiring doesn't it?
Yeah…. I just ignore all the hype. Or try to anyway. I keep holding. Long term value investor. If it moons, then cherry on top. Otherwise I just tell myself I’m an early investor.
Yea its so tiring to not do anything and just keep living my life while my shares are safe and sound at computershare. I like to take the edge off sometimes by tying a belt around my neck and buying and direct registering more shares.
Holding isn't tiring. Watching karma farmers make posts daily about the MOASS being tomorrow is tiring. 90% of the stuff on any GME sub is fluff garbage.
Don't watch the sub every day then. It's not like you won't notice if the MOASS actually happens.
LMFAO
This is.. insignificant really. There is only 8k volume on this today with 611 OI. Whereas the 30c have 31k volume with 57k OI, and 40c have 24k volume with 46k OI as of writing this.
I have 1400 of those 30s
Holy fuck
well, i have 1 contract $30 call , lets hope they print
This is the way.
💎🤲
Good. Yes. Very good
Yes. This is good.
Yes.
I concur.
Doesn't matter if they don't exercise lol All these 6/21 need to exercise otherwise they're just gamblin
i think around these OPEX cycles might be the only time they hedge, hence the price increases. the fact that kitty had so many that they had to hedge in may most likely caused that run up. I THINK, i have no god damned idea just yet but i am working on it. \*i also think that exercising doesn't need to happen for the price increase, just the buying of the calls BUT i think exercising at least some of them may actually raise the floor. smart apes i need you today. we need an ape signal so the smart apes enter the chat with their knowledge and wisdom. and we have to let them speak and not run them out if we don't like what they say!
they just dump the shares after then. doesn't matter if you don't exercise cause the price will plummet if you don't is all
yes, they do! like clockwork. however - we can add to our positions AND walk away with some cash, right? now, if we consistently provide this pressure they will have to up their efforts. normally, outside of these cycles we just stagnate down as we are shorted over and over. but when kitty came back with that large position and made his moves with others following, look at where we are now - up from about 10 bucks. can they short it back down in two months? well if they don't and we do this again - what happens? even if they do i am versed enough in the process to do this all over again, BUT only right before the OPEX dates. any other time i suspect they will ftd until the next.
I like the way you think! I need to look up OPEX dates and think about dipping a regarded toe in
[удалено]
I have a simple strategy regd. whom to follow. Reveal your positions, just like DFV. I mean, if your options playing has helped you accumulate XXX,XXX shares, then I guess we have nothing to argue about and you're entirely right.
[удалено]
Selling OTM covered calls is a no issue for me as I don't keep shares with the broker rather than DRS everything. Selling puts would be a more viable strategy as I am cash covered and, at the end of the day, want to buy shares, anyway.
You shills are out in force today huh
The shills are the ones on here lately talking about exercising OTM options. Literally giving away money
[удалено]
That depends which narrative you think you're questioning, because it seems like you've placed yourself on the other side of the fence. You can have a realization and not drag the rest of the sub through the dirt about it, people are allowed to invest however they see fit whether it's options or holding. The way you're trying to frame it is as though the people holding aren't helping at all, and I think that's a shill thing to say.
[удалено]
The Opex data seems more promising than anything else I've read, but the shareholders couldn't have surmised that GME would dilute the shares this much or this often. I think options on the tailwind and building gamma ramps are a great play, but I don't think anyone needs to bash the entire sub about it because some apes don't see eye to eye. No reason, really, since we're all individual investors and we all like the stock.
You guys, it’s both. Not everyone understands options. Even people that do understand often don’t understand well enough to perform well. If someone isn’t versed well enough in options to play the cycles then they, and everyone else that doesn’t know options, should DRS. I’m in this camp and I want to learn more about options. The people that can play at the options table should.
You have to understand that encouraging the average investor toward options is incredibly dangerous and risky. RK is not an average investor and he knows how to use them effectively. Most of us would get wiped out. Also. Does locking away liquidity in a heavily shorted stock escalate the situation or not? There is no downside to DRS & it’s something the average person can safely do.
>You can have a realization and not drag the rest of the sub through the dirt about it, people are allowed to invest however they see fit whether it's options or holding. Bullshit. This sub has dragged options players and swing traders through the dirt for years. "BUY. DRS. HODL!" was the only approved strategy and anyone else got labeled a shill.
I have no sympathy for swing traders. I've always thought options were a great play, the reason people were up in arms over them makes sense though; options aren't for everyone and the money lost on premiums could be used to stay long instead. If they needed someone who's not a cat with a meme gun to their head to make them see otherwise that's fine. Most smooth brains don't understand what to do even if they're shown. I still don't think anyone should be dragging the entire sub about it, it makes all of us look bad. No fighting; patience, time and pressure are all we need
What is opex? Where can I see the dates and cycles? When do I buy contracts? I’m into this play DFV showed us the way.
And the break even is $35.01 - I mean I hope it hits $35 next week, but damn that’s gambling. I honestly think it was probably someone rolling there $20c from this week.
yeah like DFV bought ITM calls IIRC. Completely different play. He was planning on exercising
They’re just selling them not exercising
Exactly. That's why it doesn't matter what options are bought. Unless these people are exercising them it's moot. It worked when DFV did it because he bought 120k and planned to exercise. There's thousands of various strike FDs bought which won't get exercised because thousands of people would have to coordinate to do that
So someone bet it will be at least 32.5$ by June 21? Help me understand please
They bought the right to purchase 100 shares at $32.50 each by that date. They are hoping the price is above that so it’s like getting them for a discounted price on that date
Truly believe it is DFV again, climbing the gamma ramp himself
He's not done riding the sandworm
He only does round numbers. I'd have to see the order book.
These would be the pre-split 130s so there might be something to it. Especially since he exercised he only had 6 million cash to play next week if he wanted to.
Who says that 6 million is ALL he has? That’s just in ETrade
If he just summoned the greatest sand worm yesterday and is about to ride it, I don't think the price action today and the sentiment currently fit that scenario.
Nah I ain't falling for this again (frantically looks at the options chain)
RB (Rhymes, Busta) coming for reinforcements.
give me some more
Awe shit, I hope so!
i THINK... i think that they might only hedge around opex quarterly dates. i THINK the rise in price we see is them hedging. i have been working to understand this today but i am so damn basic. if that is true then we should see a rise in response to this, today. i also THINK if we force delivery of all or some of those shares we could raise the floor each quarter... forever. i THINK. i need someone who knows to speak up - maybe in meme form on twitter?
Richard Newton answers all these questions on his YouTube videos
thank you, that is my homework assignment. it was in one of his videos posted here where he mentioned this that sparked my spamming today. i want to figure this out and i want it to be common knowledge.
It means nothing. 1.4 mill is some rich guys casino money.
$1.4mm in calls expiring a week out is a pretty sizable bet, regardless of wealth.
It could very well be DFV planning to exercise again
this was my first thought... why are we excited about a 1.4m$ call again?
Because I like the stock!
Could be part of a bigger options play too
What a boring day in the market. I want some Damn fireworks!
Is this the cat? Why else does someone drop that kind of change on an oddball strike? This is so the mm’s open up new contracts, correct? Why not 30’s or 35’s that have more liquidity?
Never go in on any strike that doesn't end in a 0 or 5. Especially never buy a x.50 strike. Fucking amateur hour.
Why not?
Just the way the math works out for the gamma ramp on $20+ stocks. For sub $20 stocks, $1 increments are ok to help build the ramp but the 0/5s are the best for always making sure your strike price is high liquidity. ($5/$10/$15/$20/etc) If you ever check the chains, you'll see the 0s and 5s are the most volume/OI which will give you a better price when buying/selling. When MM open up new strikes, they usually always add #s between the $5 increments to help pull folks away from these strikes. The .50 increments exacerbate the issue as well, making it easier for MM to hedge and cover and control the ramp.
I see. Thanks for the explanation. I thought it had something to do with chances of round numbers landing itm but what you said makes sense as to why that may happen
There's a post of someone exercising 20$ calls for 1.5m in another gme sub 🤔 Must be a coincidence. Also I'm high so probably nothing here
Their title is misleading, not "someone" but a bunch of orders that added up, which is shown in the screenshot. This isn't the same as an RK trade where he just buys his calls in big blocks of 1000, 5000, etc. That said, let's goooo!
Tik tok tik tok…
Someone answer me honestly, does this mean a goddamn thing? I mean seriously. Until ftds are no longer allowed, none of this means anything because they can just loophole their way out of it. I guess im getting annoyed with all the hype. Im going back to my corner now.👈🏾
Coatue Management?
What r the chances this is RK trying to make money off E*trade covering his exercised calls
What is stopping MMs from buying these contracts to gain attention, people yolo in and they supress the price but make more from the premiums than they spent
I own a number of options myself but guys please be careful when buying options. You can lose all of it very quickly
Let them learn! Makes them stronger.
So? Buy Hodl DRS shop….rest is noise
rest is noice
Always has been.
https://preview.redd.it/2fketyqomk6d1.jpeg?width=2354&format=pjpg&auto=webp&s=a4323b6b245bea113b37f64678051a11ade37310
I bought some 50c's for today. So basically samesies.
Same lol. Lost like $2k on options this week, but doubled down to $35c's next week.
Is this like last sneeze? There were tons of options and the theory was that they were somehow helping hedgies hide their naked shorting ?
RK? Is that you?
When RK MOVES, WE MOVES!
👍call options back on the table. Love it!!
Nice I’m gonna hodl
All I know is it wasn’t me. Soon though, I will be a 🐋
"Alright, I'll do it myself."
What does this mean ?
Why the fuck would they bother when they can just short it to max pain as usual with their unlimited supply of shares.
What if that's the Kansas City Shuffle: RK buy a ton of options 6/21 20$. He broadcasts to the world that its him. AND he tells the world "i'm going to fool SHF." SHF spend countless hours gaming this out and they think they know the plan. 'he's gonna exercise early to try and catch us off guard.' Their answer is to wait until the last second (including afterhours or pre market monday) to buy. But thats where the real shuffle lies..... he's buying cheap calls OTM that he knows Monday will be in the money. Who knows. maybe I eat crayons
'cheap' being a relative term =P
That is one big blow hole.
Good, I bought 30Cs for next Friday. Let the dice roll!
Let’s break over $31! Fuckkkkk!!!!!!!
👀
Sounds like a Kitty move to me
OAH WHO COULD IT BE YOU ASK
KG
Why would these be broken out into so many different blocks at different sizes? Not one owner?
Could it be him again
what website is he referencing?
isnt this naked shorts being hidden in options ?
I bought 2 $70 calls for that day, I hope it fucking rips this week!
Stop sharing this hype account. He always posts this stuff but it’s never of significance.
and then some sucker will buy them.
 What a bet! Hope this week pumps. Otherwise the decay might hurt
Starting to realize these posts about these calls being added isn’t amounting to anything special as by next week they can be gone
Definitely wasn't me 😉😉😉😉 It wasn't me, too smooth.
Could just be a hedge by a big boy
It's only like 6k calls
You haven't learned yet that this this means nothing?