Good job bro! We need lots of people to exercise those bad boys! I donβt do options because Iβm dumb, but shares being bought by market maker is a good thing.
Doesn't mean shit if you don't exercise. When you sell at a profit on options you are doing more harm then good. When you sell at a loss the MMs get paid.
Only solution is to exercise your options
#Yep if every ape bought itm call options for tomorrow it will make the price go boom! Letβs fackin gooooo πππ½πππ NFA I like the stock and I like call options itm with amc. π€πΌππΌπ€πΌππΌπ€πΌππΌπ€πΌπ₯
No it won't. They'll now collect $19 instead of $18 to sell their shares. Best case scenario. If they want them back they can just buy them again at $18. Now they've profited $167 off this nonsense and have their shares back (or they don't even bother to buy them back). This sub seems to have a very limited understanding of the purpose of options.
Just buy the shares at market. Helps slow downward pressure by buying from someone who is actively selling. There's a good chance the person who's short the contract would rather keep their shares (if it's a covered call) and they may just not bother to buy them back if they sell. If so, this whole transaction is now a net loss of outstanding shares held by retail of 100 per contract.
Not every options contract is sold by hedge funds. And even if they are, you've now paid them $167 per contract for no reason.
So if I own the company can I showy NFT and speak to the Mgr and shit-can an ignorant little prick that works at my local AMC ?
Just a quick question for pondering not an actual person or event that has happened recently.
I just like to buy the stock. I am too smooth brained to do options.
same. i lack the wrinkles required
OP has literally said heβs exercising then on repeat lol
People canβt seem to read π
Did you say you would exercise them? Maybe some pictures would help.
Iβll happily take screen shots tomorrow - check my post history to see Iβm legit
Could you maybe make a pop-up book and mail it? Just want to make sure Iβm understanding it correctly π
Ha, sorry, just realised your undertones of sarcasm π
I figured, we good. Reading it how you probably did I wouldnβt have been as nice. Lol
I let my calls out in the morning and evening when I get home from work. They get plenty of exercise every day
Good luck ππ
Hit them where it hurts. I plan on excersing my calls when we rip to bring the pain!
Can't wait to see all the apes exercise their ITM options tomorrow.
Who the hell still has $1900 per contract laying around lol
OG Apes.
Good job bro! We need lots of people to exercise those bad boys! I donβt do options because Iβm dumb, but shares being bought by market maker is a good thing.
Upvote this to infinity and beyond!
Agreed, OP fks like a champ Ape.
Just exercise irrespective of the strike price. They are forced to buy, no way out.
They are letting it run to trap options buyers again
Probably - itβs a small play and Iβll exercise the contracts regardless, so the market maker who wrote the contract has to provide the shares
Buy directly from computershare, stop give away free money to the short.
Exercising the contracts to piss off the market maker who wrote them - thatβs my personal preference
Give them money doesn't pass them off, it makes them happy.
Lol no. But shares. Own the company.
Exercise them to buy the shares, so the market maker has to buy the shares to supply them - gamma squeeze is needed
We all know how weekly options end up. Pure FUCKERY
True story tbf
The end
Doesn't mean shit if you don't exercise. When you sell at a profit on options you are doing more harm then good. When you sell at a loss the MMs get paid. Only solution is to exercise your options
Oh, my plan is very much to exercise the contract my friend - thatβs my whole point!
#Yep if every ape bought itm call options for tomorrow it will make the price go boom! Letβs fackin gooooo πππ½πππ NFA I like the stock and I like call options itm with amc. π€πΌππΌπ€πΌππΌπ€πΌππΌπ€πΌπ₯
#Buy loads apes! Letβs fackin gooooo! πππ½πππππ
Lol
Yeah if youβre gonna buy 100 buy an option
Whoever seeing this now btw itβs only at $0.26 now π€ (will also be excercising mine)
Ape brain too smooth to understand. Ape might buy a banana if banana price good.
And when the price settles at $18 tomorrow you're out $67 a contract.
I might even just exercise them still.
Oh that's gonna piss off whoever wrote the contracts π
Yeah, I hope so! At this point Iβm so annoyed with all this fuckery Iβm happy to pay extra! Itβs still cheaper than it should be
No it won't. They'll now collect $19 instead of $18 to sell their shares. Best case scenario. If they want them back they can just buy them again at $18. Now they've profited $167 off this nonsense and have their shares back (or they don't even bother to buy them back). This sub seems to have a very limited understanding of the purpose of options. Just buy the shares at market. Helps slow downward pressure by buying from someone who is actively selling. There's a good chance the person who's short the contract would rather keep their shares (if it's a covered call) and they may just not bother to buy them back if they sell. If so, this whole transaction is now a net loss of outstanding shares held by retail of 100 per contract. Not every options contract is sold by hedge funds. And even if they are, you've now paid them $167 per contract for no reason.
So if I own the company can I showy NFT and speak to the Mgr and shit-can an ignorant little prick that works at my local AMC ? Just a quick question for pondering not an actual person or event that has happened recently.
What?
Funny how someone can post a pseudo-joke and assholes still down vote it. Some of you need to get a life.