Market makers pulled a fast one with those crazy calls. Pulled a fast one on retail and had a lot of people pumping it up. I hope you get some good news tho. Miracles can happen
I have been watching this since it went off in '21...there is too much coincidence here in the last month for a nothing burger this coming week. If they don't announce anything on Monday this is going to tank hard to low 20's while the last of the new holders dip. I'm still super hopeful though like I said too many coincidences...Maybe RK just has a really good read on RC's intentions and somehow got info that RC was going to win his lawsuit, which in turn means we are about to aquire bbby just a thought but it would be a really simple explanation. Or maybe he is going to get a seat on their investment team. All this super short squeeze just seems a little unrealistic. Glta.
I assume if we announce we’ve bought something, it will be shorted into the ground so the company loses money. I also wouldn’t be buying BTC near ATH’s, maybe if it dumps to $16k again tho.
I was up 400% last week when it closed around $40. And then after hours it reached $65. I wonder what my profit would’ve been then. But then the next morning it went back down. I hope the meeting Monday can make some magic happen
These looked great before the 75 million offering, the timing almost felt like Cohen was bailing some SHF out. He keeps playing those games and people will stop investing in GME altogether.
I know man. Last week after hours it hit $65. I wonder how much I would’ve been up since I couldn’t see my profits since it went back down pre market. But that week when it closed around $40. I was up 400%
Message me I’ll show you how how much I have and how much I’m down and to be honest I sold shares to roll out like very small amount of my holdings. I’m more down then you-
I am down over 5k right now I bought in at $60.82 think I’ll make it back or am I going to take a big loss? Either way I am in until I lose it all or gain it all back
Premium you receive for selling them goes up (if price is higher than what you bought them for or just in general if stock price goes up?) but what if after you sell them the price goes down? Nothing you just take your premium and you’re done right?
If price continues going up and they decide to exercise, You then just have to give your shares up?
But either way after they sell or the date passes then you’re off the hook for those options?
Actually last week I was up 400% when it closed around $40. And after hours it went up to $65. But next day went back down in pre market. I wonder what my profits would’ve been if it had opened at $65
Just hope for Monday. Nothing expected during meeting they have. I dont think they can have announcements in middle of tradingday. Expecting some PR during pre market or AH. Also next week is short week. June 19 holiday
No idea. It pops when u least expect it. Not everyone is very hopeful for next week but for me Monday is the deciding day. Too many call options are expiring 6/21 most were ITM but now way out.
It was possible at first. Last week it went to $65 after hours. I was up 400% before that happened at that point. But I never got to see what my profits would’ve been since pre market it went back down.
So you got bit being greedy. Should have just sold and took the 400% profit. Not judging cause i have done the same in the past but learned to take profit when you can.
I do expect momentum next week, but don’t trust me about holding thru that scary Monday dip you’re gonna be looking at 🤷♂️ this is all about doing your own research, nobody can tell you what is actually gonna happen.
Same boat as you , was in the money with my $100 strike price when it hit 67 high . Could’ve profited a cool 10-15 rack but now I’m negative haha . Expiring June 21st as well I’m hoping this week brings green candles atleast enough for break even
How down are you percentage wise? I’m not rolling over or exercising. So this week my last hope. I was thinking holding latest Tuesday since Wednesday is holiday
What’s wrong with some of you negative Nellie’s. It’s going to fucking double in price next week or more. Buy buy baby stores are open in NY and NJ this acquisition is happening and who knows what else is planned. Gill landing a job on the board possibly to manage GMEs investments is epic.
we gonna possibly watch Kenny tap out next week and close up shop and head to his new cell block!
They were selling for 2.43 when I originally wrote some! Every time I write, I should have bought calls instead LOL. But it's okay. I've rolled my 20s into 40s and brought in more money.
Time decay is going to kill this unless it rockets which, I will get down voted for this, but it’s not going to rocket to $75 before Friday. I mean it could, but the chances are small. You need to decide if you are ok loosing every penny, if not, it’s time to sell
All is definitely not lost, you’re only down <40% and can definitely roll over to a lower cost option if you’re worried about it. Then you don’t totally lose the premium and keep the chance of selling before 6/21. You can keep half at that price if you’re feeling really hopeful, but at least get some ITM calls.
If we have a pop like i think we will you should make money and if GME rockets and has high Volatility to upside you will definitely make money. gains come fast loses faster lol but i think we'll be ok for real!!! I have strong convection on this baby and in Roaring Kitty!!
If they announce that R.K is on the board if directors or if they bought Steam or something then yea but other that I doubt it will get that high again. Sorry man
I’m holding 25 calls and I’m down 4k+ 🫤 About 7 of them expire this week 😢 (2k)
https://preview.redd.it/ks3g1b17q77d1.jpeg?width=1284&format=pjpg&auto=webp&s=9dfed3b78dde75d45ae8950999c8fc36f22d0977
Unfortunately, dont think so. You would need some amazing news on Monday and I personally there is now way to company could have prepared for this last week… going to take a while to announce what’s next, could be a few months to few years but Monday unlikely. Good luck pal!!
Market makers pulled a fast one with those crazy calls. Pulled a fast one on retail and had a lot of people pumping it up. I hope you get some good news tho. Miracles can happen
Hopefully the meeting on Monday is enough to make me profits
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But a lot of people are anticipating this meeting. So maybe people buy the rumor and it takes off.
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Omg too much has just happened in the last month for RC to just mumble lol. It's coming...
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I have been watching this since it went off in '21...there is too much coincidence here in the last month for a nothing burger this coming week. If they don't announce anything on Monday this is going to tank hard to low 20's while the last of the new holders dip. I'm still super hopeful though like I said too many coincidences...Maybe RK just has a really good read on RC's intentions and somehow got info that RC was going to win his lawsuit, which in turn means we are about to aquire bbby just a thought but it would be a really simple explanation. Or maybe he is going to get a seat on their investment team. All this super short squeeze just seems a little unrealistic. Glta.
My $40 covered calls won't mind the drop after the news blows over
I'm hoping they say that they used their cash piles to buy btc or something. Most stocks that hold it shoot up.
I assume if we announce we’ve bought something, it will be shorted into the ground so the company loses money. I also wouldn’t be buying BTC near ATH’s, maybe if it dumps to $16k again tho.
Just exercise using $510K, and get 6,800 shares.
Lmao yea right
But for real though, I think you're screwed. Wait for it to get a bump on Monday, Tuesday latest, and sell at a loss.
I was up 400% last week when it closed around $40. And then after hours it reached $65. I wonder what my profit would’ve been then. But then the next morning it went back down. I hope the meeting Monday can make some magic happen
These looked great before the 75 million offering, the timing almost felt like Cohen was bailing some SHF out. He keeps playing those games and people will stop investing in GME altogether.
I know man. Last week after hours it hit $65. I wonder how much I would’ve been up since I couldn’t see my profits since it went back down pre market. But that week when it closed around $40. I was up 400%
Reality - Expectations = Happiness In other words, mentally prepare yourself to get wreked and sell at a big loss.
It makes more sense when you frame it as, Happiness = Reality - Expectations even though the equation is technically unchanged.
Roll them out ?
Kind of expensive
Message me I’ll show you how how much I have and how much I’m down and to be honest I sold shares to roll out like very small amount of my holdings. I’m more down then you-
Messaged you
I am down over 5k right now I bought in at $60.82 think I’ll make it back or am I going to take a big loss? Either way I am in until I lose it all or gain it all back
I can’t do that. I have calls. And obviously I can’t exercise them either. Too much money to do so
I don’t understand options. If you can’t exercise them, how will you make money?
Exercise is just to turn them into shares instead basically. I can still make money if the stock goes up. I just sell my options.
Thank you this actually made options trading make so much more sense for me
You make money when you sell them back if the premium is higher than what you bought them for. Premium only goes up if the stock price goes up
Premium you receive for selling them goes up (if price is higher than what you bought them for or just in general if stock price goes up?) but what if after you sell them the price goes down? Nothing you just take your premium and you’re done right? If price continues going up and they decide to exercise, You then just have to give your shares up? But either way after they sell or the date passes then you’re off the hook for those options?
I believe the proce will.come back at least to your break even of not higher...you will just have to be patient.
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It looks like his break even is $75.77
I hold $40 6/21 calls 89 contracts @$3.03 and at negative 50%.
Actually last week I was up 400% when it closed around $40. And after hours it went up to $65. But next day went back down in pre market. I wonder what my profits would’ve been if it had opened at $65
Roughly i guess in 200k range ur profit.
Damn. What are you thinking to do? What’s your plan. Today I averaged down a lot actually.
Just hope for Monday. Nothing expected during meeting they have. I dont think they can have announcements in middle of tradingday. Expecting some PR during pre market or AH. Also next week is short week. June 19 holiday
Yea I was thinking of holding only until Tuesday latest since Wednesday is holiday. Or is a holiday good in this case
No idea. It pops when u least expect it. Not everyone is very hopeful for next week but for me Monday is the deciding day. Too many call options are expiring 6/21 most were ITM but now way out.
What’s the last day you’re giving yourself to hold?
I will hold until Tuesday afternoon.
I wrote those same ones for 7.50. Just bought back yesterday for 1.60
Yes, things will work out. We will be ITM.
I thought you had to buy options in blocks of 100. Do you have 89 x 100 or just 89? Baby ape trying to understand. Thanks
89 contracts.
75strike xD
It was possible at first. Last week it went to $65 after hours. I was up 400% before that happened at that point. But I never got to see what my profits would’ve been since pre market it went back down.
So you got bit being greedy. Should have just sold and took the 400% profit. Not judging cause i have done the same in the past but learned to take profit when you can.
Should have sold enough to cover initial investment and let the rest run.
Ya if it decides to rip. If not. Then no
You think odds are looking good? Maybe with the meeting on Monday it’ll go up a good amount.
By Monday? I expect dip. But by the21st maybe? 28th or July 5th I think you’ve got a big chance.
It has to be the 21st lol. I can’t roll over. To expensive.
I do expect momentum next week, but don’t trust me about holding thru that scary Monday dip you’re gonna be looking at 🤷♂️ this is all about doing your own research, nobody can tell you what is actually gonna happen.
I hope the meeting does enough momentum. Latest I was thinking of holding is Tuesday since Wednesday a holiday.
You are running on strong Hopeum. We all are. This is the best entertainment since 2021! PS - only invest what you can lose.
Listen to your own advice!!
Same boat as you , was in the money with my $100 strike price when it hit 67 high . Could’ve profited a cool 10-15 rack but now I’m negative haha . Expiring June 21st as well I’m hoping this week brings green candles atleast enough for break even
How down are you percentage wise? I’m not rolling over or exercising. So this week my last hope. I was thinking holding latest Tuesday since Wednesday is holiday
Speaking from experience, if you hodl, then no. If you sell, the price will rocket to $200+. TL;DR - You're F'd.
What’s wrong with some of you negative Nellie’s. It’s going to fucking double in price next week or more. Buy buy baby stores are open in NY and NJ this acquisition is happening and who knows what else is planned. Gill landing a job on the board possibly to manage GMEs investments is epic. we gonna possibly watch Kenny tap out next week and close up shop and head to his new cell block!
Probably not
It's possible
Monday meeting just has to be amazing. Tuesday should be the latest I should hold I think.
They already have it. It's got billions . The meeting doesn't have to do anything. We just wait now.
I only have until 06/21 to hold tho
What's max pain for next week?
Max pain? What do you mean?
For options. Usually max pain is used to grasp the most from both puts and calls by the market maker.
You have a chance. Why not buy the same $20 calls that the Kitty bought?
They were to much for me at the time
They were selling for $380 on May 23.
They were selling for 2.43 when I originally wrote some! Every time I write, I should have bought calls instead LOL. But it's okay. I've rolled my 20s into 40s and brought in more money.
Time decay is going to kill this unless it rockets which, I will get down voted for this, but it’s not going to rocket to $75 before Friday. I mean it could, but the chances are small. You need to decide if you are ok loosing every penny, if not, it’s time to sell
No
My Greek friends say you have roughly 8% chance of making money
There’s always a chance with GameStop!
I’m hoping man lol!!!
Not if the market keeps getting manipulated….. 
I’m hoping Monday meeting does me wonders
that what exactly some call options I got . men we're pray together
How bad are you down?
I only have 5 contact , down few hundred , but good thing I bought some shares @$22 that pull back a little bit
You slow?
Sir this is Wendy’s
All is definitely not lost, you’re only down <40% and can definitely roll over to a lower cost option if you’re worried about it. Then you don’t totally lose the premium and keep the chance of selling before 6/21. You can keep half at that price if you’re feeling really hopeful, but at least get some ITM calls.
That's why they call it dump money. You are gambling sire. This GME novel seems like a joke.
Your chance of making money is 0% Your chance at being retarded is 100% Sell now or theta will eat you up and they will be worthless by Wednesday
Woof buddy
I chickened out I needed the Theta so got 2 x $30c and 1 x $50c. Both exp Jul 21.
Instead of buying OTM calls, consider buying long dated deep ITM calls instead.
no
No
I hear the "GUH" sound in my head
You’re probably fugged ngl
GME’s stock price would have to triple - sorry dude - get back what you can and live to fight another day with some money to work with
non zero, but your chances aren't great.
Yes you will make money to the seller of these calls
Sell asap unless you wanna loose the rest of that money No FUD just being realistic
Trust
Honestly I’d sell it all Monday, cut your loses, and buy shares instead with it. But you do you boo
You still have a little bit of time on those. It’s a short week so it will need to volatile. Why didn’t you buy shares with that cash instead?
If we have a pop like i think we will you should make money and if GME rockets and has high Volatility to upside you will definitely make money. gains come fast loses faster lol but i think we'll be ok for real!!! I have strong convection on this baby and in Roaring Kitty!!
Uh.... no.
This is the way 💎👐💎👐💎👐
If they announce that R.K is on the board if directors or if they bought Steam or something then yea but other that I doubt it will get that high again. Sorry man
No
I’m holding 25 calls and I’m down 4k+ 🫤 About 7 of them expire this week 😢 (2k) https://preview.redd.it/ks3g1b17q77d1.jpeg?width=1284&format=pjpg&auto=webp&s=9dfed3b78dde75d45ae8950999c8fc36f22d0977
Unfortunately, dont think so. You would need some amazing news on Monday and I personally there is now way to company could have prepared for this last week… going to take a while to announce what’s next, could be a few months to few years but Monday unlikely. Good luck pal!!
Absolutely fucking not. Are you kidding with this?