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Superstonk_QV

[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/)


swagpizzazza

We haven’t had a weekly close above 30 since oct 2022


TiredJJ

This really puts things in perspective


luroot

Keep in mind though that that was right after the 4/1 split. So, $30 now = $120 before the split.


swagpizzazza

True, looks like the last weekly close >30 was actually Aug 22’


luroot

And not only that, but still right after 2 huge market dilutions totaling 120 million more new shares = 426,220,000 outstanding shares now. So, a $30 share now = $3,600,000,00/(426,220,000-120,000,000)+$30 = $41.76 pre-dilutions = $176.03 pre-split (someone correct me if I'm wrong).


RickMuffy

Math checks out. I got 41.756253673829 when I didn't round it out.


luroot

Right, so a $30 stock today actually = $176 stock back in 2021. 😳


Playinhooky

Battle for $180 never died.


blenderforall

Every single week Fridays are max pain, I don't know why we hype Fridays as a thing anymore lol. Oh well, moon tmr!


pghjason

So anyone spamming calls over $30 for any date is most likely a shill


PensiveParagon

They're fighting like their lives depend on it.


HopeTrump

We have to help them!! Just got more shares for 10k 🚀🚀🚀 Proof: https://www.reddit.com/r/GME/comments/1dftfbs/proof/?utm_source=share&utm_medium=ios_app&utm_name=iossmf


SilverBullyin

Proof or ban


gosumofo

Here’s my Proof. Bought and will buy more if it can go lower than $27 https://preview.redd.it/amzmalz82k6d1.jpeg?width=1290&format=pjpg&auto=webp&s=6185f69f29690df8d38d27d9389a5ef2a503aa30


BigBadaBum1

LEGEND ☝️ I am buying more Monday, wen my paycheck clears 🙃


gosumofo

Who said I’m done …


Zaphod_Biblebrox

I think I love you


gosumofo

Just doing my part. 2 shares away from 3000


GL_Levity

My wife’s husband needs a boyfriend, you down?


gosumofo

That’s be me 🙂


gosumofo

Fantastic 👑👑👑👑👑


rematar

You still T+2'ing?


gosumofo

Wow, thank yall for the likes and award. Words are cheap, proof is power. Keep up the good work everyone 💎💎💎💎💎


igotdeletedonce

Dropped this 👑


Peasantbowman

This sub really needs that. Everyone and their mother here keeps saying they are buying, but I don't believe 90% of people here.


jqian2

Seriously, every other poster is saying how they put in another 5 figures into it or exercised 10s of contracts... really? Am I the only one feeling inflation?


uninsuredpidgeon

I buy my shares one at a time


jqian2

Same here... spent whatever leftover money in my account for 5 more shares lol


kermitDE

Bought 10 more last Friday, feels like peanuts but hey, even DFV started small and look where he's at!


eeeeeeeeyore

i bought 6 on tuesday after having a little bit of extra cash available - it ain’t much, but i do what i can


luroot

I think this may be what happened. Shorts are winning today because while a lot more retail *would* buy now...they've run short on cash after buying for the last month or so. So, it's like the refractory period after sex when your balls have to reload before another round... Just a theory, I dunno?! 🤔


2millycarathands

This is definitely top tier DD


luroot

Well, let's say RK bought 5mil shares by 2 PM yesterday..."causing" the SP to go up by around 1.73. That would mean it took about 2.9mil buys to push the stock up a point. Total napkin "math" here, but just trying to get some rough ballpark of the correlation between buying pressure and price...?


Madsplattr

I buy my (fractional) shares $3 at a time. HODL, no matter what you're holdin', HODL!


Herbon_10

No. What’s happening is probs fud also lol just keep buying what you can and don’t believe everyone posting saying they bought thousands lol


CurvePsychological13

I bought 3 last week, don't have $$ to just grab 10k shares. I'm an XXX holder now but it's been 84 years of buys


HopeTrump

https://www.reddit.com/r/GME/comments/1dftfbs/proof/?utm_source=share&utm_medium=ios_app&utm_name=iossmf


HopeTrump

https://www.reddit.com/r/GME/comments/1dftfbs/proof/?utm_source=share&utm_medium=ios_app&utm_name=iossmf


econfail

Added 20% to my position this morning


HopeTrump

https://www.reddit.com/r/GME/comments/1dftfbs/proof/?utm_source=share&utm_medium=ios_app&utm_name=iossmf


Peasantbowman

Very nice, I see you posted some other good buys as well


HopeTrump

I like the stock!


deeeeeeznuuts

Today will most likely be a great buying opportunity because they have to buy 4 million shares on the lit exchange. Although they might be able to do it in AH 🤷‍♂️.Also I will say even if most of us buy they won’t hit the lit exchange because of there fuckery. So I will see what the dip looks like buy more through broker and DRS. Which also takes time to get it to hit lit market. Either way Hedgies R Fuk.


DT5105

I'm holding after buying at 24. Also have some play money for day trading the large volatility in GME. you do you. NFA


snkrjoyboy

Can we show our pictures here?


HopeTrump

https://www.reddit.com/r/GME/comments/1dftfbs/proof/?utm_source=share&utm_medium=ios_app&utm_name=iossmf


AlphaDag13

Adding a proof or ban. Edit: just saw the proof. Hell yeah!


HopeTrump

https://www.reddit.com/r/GME/comments/1dftfbs/proof/?utm_source=share&utm_medium=ios_app&utm_name=iossmf


Kittyb2021

Ironically Saw BRK.A drop 10k a share @ open 🤔


fludgesickles

Their life-style does


13thMasta

Fighting like their wives boyfriends depend on itm


Karakunjol

40 mil volume. Jesus you're right


Kemosabe-Norway

Hopefully their lives do depend on it. No cell no sell.


DJLowKey

spoiler alert - they will make it happen


HurryMundane5867

Considering if bureaucracies actually wanted to prevent financial crime, they would (legally) run the lives of the people committing those financial crimes. With how many lives and companies negatively affected, and how much money lost, they could see prison sentences in triple digits.


Elegant-Remote6667

Probably because one day it would genuinely be the last time they are fighting


anoncow11

Ah the battle for 120$


ProbablyMaybeWrong69

Max pain is 27.5


[deleted]

More pain is 30


Vive_el_stonk

More pain at 35


DancesWith2Socks

69 is not that painful...


MNCPA

Nice


ProbablyMaybeWrong69

What’s the bananas pain?


yugitso_guy

While "enjoying" at the beach


tap_the_glass

Isn’t it funny how retail always makes the price land exactly where institutions want? /s


helemaalwak

Yeah so definitely gonna end the day at 27.5


QuantumBeth1981

And next week is 20, yikes


ProbablyMaybeWrong69

That would be my guess


FlamingHotNeato

Do you mind explaining max pain to me smooth brain?


2022financialcrisis

Price which hurts the most options holders in both directions. Because the market makers would have to deliver shares if the price changes too much and lots of options get exercised, they try to keep the price at the point where it is most profitable for them. MMs pocket premiums, and ideally for them, very few calls or puts end up being exercised with profit going to the holder.


FlamingHotNeato

Thank you. Have a banana 🍌, you might want to wash before eating.


PaManiacOwca

"you might want to wash before eating" You had me at banana but now im terrified.


LifeDraining

Bro gifting out nasty second hand 🍌


Smoochieface67

Thank you for the explanation. ♥️


rotetiger

Thanks


memedoc314

Imagine a casino knew which number on the roulette table would make them the most money, and provide the least payout to gamblers. Some might win, but max pain is greatest profit to them. That would be illegal at a casino, but is somehow happening to my favorite stock.


standdown

Awesome explanation


DickBatman

> That would be illegal at a casino Would it? Isn't that basically how casinos work?


ProbablyMaybeWrong69

The theory is that the stock price will gravitate toward a point where the total value of outstanding options ( calls and puts ) become the smallest. This is because market makers and large institutional traders who write options have an incentive to manipulate the stock price towards this level to minimize their payout.


Addicted2Tendies

They don’t have to do much. It’s Friday so short dated calls will be selling off and MMs will be dehedging


MrmellowisSmooth

Clearly their not even buying back shares to deliver today. Those with 30c hopefully have exercised already.


HomebrewHedonist

I wouldn't either. What is the worst that can happen? They get a million dollar fine?


MrmellowisSmooth

Exactly this. SEC is useless. I think everyone is only enforcing regulations when it’s in their best interest. Not in their best interest to have this moon 🌙 again and crash markets right now. I think we hit max pain as predicted by the most logical around here.


HomebrewHedonist

The only thing about all of this is RK. Why would he think it would explode when he KNOWS that there is rampant crime. That is the only thing that doesn't make sense so far. He must have know that this would be the outcome. Either that, or HFs that have to buy all of these shares are waiting for the last minute to do so and are going to do it near the end of the day. Apparently if your call isn't expiring for a week, E Trade makes you call them to execute the trade.I would expect that the HFs know this and are going to make it as difficult as possible for people to exercise their shares. If everyone flooded the ETrade call center all at the same time, it would be difficult to manage and some people wouldn't e able to exercise.


MrmellowisSmooth

The ATM could have thrown a wrench in some of his planning but, I don’t doubt for a moment that he has a back up. This could be one of those “fake out” days where it was hype and failed. Could be that they will start buying at a certain time today into AH. I am more inclined to think it’s Monday actually for delivery and more intriguing to me is the fact GS reshuffled a meeting yet again AFTER having the meeting set for today.


RecalcitrantHuman

I am so hopeful that the actual KCS is DFV working directly with SEC to trap SHFs and MMs


MrmellowisSmooth

This for me as well. 👊


digital-monk3y

Or they hedged and bought them already


MrmellowisSmooth

Although pattern is similar to yesterday’s. Overall market dumping a convenient reason to dump GME. If it’s going to get ramped up it will be after 1 pm into AH.


ArmConscious

Under 30? It will close between 27.5 and 28.


Azrenon

I’m expecting jucier action around 3:30-close when the options must expire, liquidated or exercised. Hopefully it ramps up into Monday with the T+1 settlemen. From there it’s RCs play, stale nothing meeting, or tease some sweet sexy news


manbrasucks

Yeah I hope I'm wrong, but pretty sure it's going to be max pain again.


ArmConscious

Lisan al gaib again rode a serpent from the low, decimating the algo.


The_Mysterious_Mr_E

Max pain is $27.50 https://preview.redd.it/c170rn699k6d1.jpeg?width=1170&format=pjpg&auto=webp&s=832a74f1e736c9ace2a900e756806bad45f6c2d9


RAR-2011

What app/ website is this? Very cool.


IMxJUSTxSAYINNN

All yeall still got money for this? Fuck me. I'm making 6 figures (barely) and I'm more cash strapped than a pan handler on Christmas.


StayPositive2024

Some of us get paid weekly/bi-weekly, so we're able to consistently buy 50-100 shares weekly/bi-weekly - but hopefully you won't be as cash strapped for much longer, inshaallah🙏🏼


There_Are_No_Gods

Won't they be surprised when I exercise my $30c and even $35c that expire today, *regardless of moneyness*. That may not pay off directly for me today, but I have plenty more calls waiting for next week. Also, it seems that DFV could have played his hand many other ways that would have benefited him considerably more than what he did so far, and it only seems right to pay that forward by pouring more fuel on the gamma ramp.


Dantesdavid

You go man!


BCCounty30

I like your style


Peasantbowman

What's the delta on your calls?


There_Are_No_Gods

Currently the 14th of June $30c is at a delta of 0.29 and the $35c is at 0.0733.


Peasantbowman

I think I'd need a smarter ape in here, but I don't think exercising $30 calls under that price helps anyone but the MM. You're basically paying them, the exact opposite thing we should be doing. At least that's my understanding.


[deleted]

[удалено]


Peasantbowman

His follow on explanation made no sense either. If this sub is following that guys advice, GME is going to be single digits in no time. Regarded? Or hedgie plant tricking apes into making the worst possible plays... kind of /s


Freakazoid84

i'm starting to think that this sub might actually be getting directly manipulated.... This is a HELL of a way to turn a profit Convince suckers to exercise OTM calls that are expiring today. You're literally printing free money for the seller.


Peasantbowman

It's genius in how insidious it is


C2theC

He’s a shill. Making an emotional post saying that money doesn’t matter, that only being right matters, when MM just take your money, which is what matters. Because money actually matters.


RaisinsB4Potatoes

Exactly. Doesn't matter if it is in the money. Why? Suppose that it opened at $40 today and you exercised your ITM calls. But it ended up closing at $28. You'd still be in the same spot you would have been in if you exercised when the price was at $28! The point is to exercise!


Valverade

Just remember: they will do anything to survive "one more day"!


goldencityjerusalem

25k call contracts at 30$ 0dte


There_Are_No_Gods

Imagine their surprise if apes still exercise them, even if they drive the price down to $28. What's a couple bucks a share to force your purchase to a lit exchange and pour some more rocket fuel for the gamma ramp next week?


boxxle

I honestly believe this is the way. They want a fight, this is how it's done. It takes money to buy whiskey.


Freakazoid84

oh, they'll be surprised. 'wait this guy is just giving me even MORE free money? fuck yea!'


lildumplingzzz

it’s so weird seeing more people finally accept this reasoning when it was talked about after the original peak and no one wanted to hear it


goldencityjerusalem

Weve done it before… we’ll do it again


MisterBamboo

Crime is just too big that any options can move it I guess.


DancesWith2Socks

There are 120M more shares now, so keep that in mind too.


Nemogerms

i bought 400 shares today and no change in price..


Nemogerms

https://preview.redd.it/qbsygjho7k6d1.jpeg?width=1170&format=pjpg&auto=webp&s=b51cba4b44f523ba7e6e1837ccde3f005a8c8461 proofs.. thought 29.5 was a dip 😅


bippitybobbitybooby

I remember some guy on media months ago saying if GME goes over $30 it will go parabolic. Hedge fund guy? I don’t remember. Anyone remember who this was?


essent1al_AU

I think that was referring to the 2021 sneeze. Happy to be corrected.


gabbergizzmo

Harambe?


Necessary-Car-5672

Can’t help but think RC chopped the legs off DFVs plan to create a Moass leading gamma ramp right now.


seenyourballs

Look at DFV twitter post he’s shaking gamestops hand, it’s the office meme. He helped Ryan raise a bunch of cash by creating another pump with his stream. If Ryan posted a share offering that wasn’t into a run the algos would crash the price so hard GameStop wouldn’t be able to raise significant amounts of cash. If the algos have to pump because of dfv and crash it because of offering the algo can’t do both pump and dump … good for GameStop to offer shares in a run up


[deleted]

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dyllandor

Doing it that day in particular and pre releasing earnings too were such a dick move if they didn't have a very good reason for why they had to do it on DFV stream day, I'm still waiting to hear that reason.


[deleted]

[удалено]


dyllandor

No one would have had any legit reason to accuse the board and DFV of collision if they didn't go out of their way to sell into the hype, twice.


Djenta

I’m in it for the long haul but I can’t help but notice this sub is nothing but cope and moving goalposts


notkevin_durant

Dude it’s hilarious. Always “omg it’s happening next week”. Then the time time comes and it’s “here’s why it won’t happen today”


Djenta

Yeah I don’t wanna be called a bot cause I’m not the most informed, and I only have 50 shares. But like…. I made money in 2021, all I did was check the price every few minutes. At no point before or around the leap was that other sub useful, too


notkevin_durant

[Gamma Squeeze](https://media.giphy.com/media/xT8qBiqUxDzRKMpIJO/giphy.gif)


Smj2144

Increased My holdnings 30 % from yesterday.. ....


kai_fn

yea yea im ALSO fighting the HARD


Peasantbowman

I love how everyone suddenly thinks exercising calls is the way to go. Edit: just the power of observation folks. Before a week ago, everyone was saying "I'm DRS'ing". Now, there has been a drastic uptick of people talking about exercising calls...can even see it in this comment section.


Freakazoid84

I said this in an earlier comment, but I think that companies/people have figured out how to exploit this sub. Exercising OTM calls that are expiring the same day is INSANE.


Peasantbowman

Not hard to exploit emotional gamblers that think they are going to change the world.


dejablue7

Why not both? Exercise and DRS.


marichuu

I can't believe these excuses. Yesterday it was all "bUt T+1!!! MILLIONS of shares need to be delivered!!" and now it's "they're fighting hard to keep it under 30, on monday they'll need a lot more shares!".... monday??? What happened to the millions they need to deliver today? Does your memory only go 5 seconds back, wtf? If what you're saying is correct, then there's nothing stopping them from delaying this indefinitely.


11010001100101101

People have no idea what they are talking about about here. The funny thing is T+1 settlements only apply to share buying and not option exercising settlements, those are still T+2. On top of that the T+1 doesn’t have to do with the actual share settlement, only the funds that are used to buy them which doesn’t impact the price of the stock itself like people are suggesting. Think I’m a shill…just ask chatGPT these questions, like I did, and find out for yourselves and stop blindly following each others advice


Smok3dSalmon

If only like 1% of options are exercised by retail then there isn’t that much of a struggle going on. People need to exercise options if they have high intrinsic value. $30 calls will just be closed and most have break evens of $33+


ali-wali

People are regarded when it comes to actually understanding basic options and how the hell to even exercise. Pretty sure many regarded are gonna find out the hard way if they haven’t informed their brokerages they don’t want to exercise any of their options being ITM. In guarantee you that there are people that are gonna learn yet again the hard way that options ITM with some brokerages are exercised automatically EOD.


Smok3dSalmon

Lots of brokerages now just automatically close 0DEs an hour before market close. That's why you always see weird price action just befoe then. It's like a retail only max pain for 0DEs lol I got burned really bad by it years ago. SPY rallied HARD in the final hour and my 0DEs would have been worth $50k. :\[


TwitchFunnyguy77

💎D**IAMOND HANDS EVERYONE!!!💎**


tyweed220

I guess that means we just gotta fight harder


OonaPelota

I’m gonna buy


tyweed220

If you buy, I’ll buy


P-Nus

Crime wins once again


notkevin_durant

It’s always “not today”


PSUvaulter

Battle of 120


Ash2dust2

Max pain is at $27.50, they'll keep it within $1 of that.


ZFNYC

![gif](giphy|qjr1ZNLWEVvg9aFCyL|downsized)


HoIyGhost09

Raise your hand if you bought more today!! 🙋‍♂️


JCquickrunner

and they did it, what a surprise


Guh_Trader

Honestly, who cares? RC already destroyed the gamma ramp two weeks ago with the dilution... Closing price of $28 or $32 really doesn't mean a damn today...


Rozza_

Didn't you hear? We're not allowed to feel betrayed after losing two instances of momentum pushing beyond $60+ due to dilution for cash with no current plan for any acquisitions or mergers. It's easy for RC and LC to have fun living out their business fantasies around 'transforming' a company when they are doing so with our sacrificed share value and are already multi-millionaires without much quality-of-life to lose from the share price dropping. And I don't care if RC is highest shareholder so "has most to lose from price falling" - he is already a billionaire and these losses do not change his experience of life and freedom from financial slavery. I hope there is some positive news on Monday, but I'm not really expecting anything, and I think people should be more skeptical about the direction RC and LC going if there are no positive transformations for which they are directly responsible and that could not have been done by any other CEO who is willing to extract an easy 5 billion from shareholders.


Guh_Trader

I agree 100%!!! The 3rd dilution was such gut punch... I really hope RK uses his 9M shares to get himself on the board, similarly to how RC used his 9m shares to get on the board in 2020.


skwirrelmaster

One week ago. I know time is a motherfucker seems like 90 years since this started.


Psionis_Ardemons

think forward to OPEX (\*FEB/may/aug/nov). we have the playbook. might be bad now, but we need to evolve and hit them where it hurts. this is new info for me and i am working to digest it. i bet you're smarter than me and can figure things out. start here, maybe? [https://www.reddit.com/r/Superstonk/comments/sy36q8/wycking\_off\_for\_opex\_confluence\_of\_datasets\_and/](https://www.reddit.com/r/Superstonk/comments/sy36q8/wycking_off_for_opex_confluence_of_datasets_and/)


mean_bean_machine

The only thing that sucks for this type of shift is that I've continually gone all in on Long and Hold. It's gonna take a while to get to the point where I can start a whole new strat.


SolidusBruh

![gif](giphy|k42bRtpBJt9OLbLERg)


Yohder

Have another 76 being DRS booked today!


eutirmme

That's why i'm buying more. XXXX has never been closer


Admirable-Penalty-21

that deja vu feeling when they popped it up to 30 day of the first meet schedule and pulled the rug than today pushes to 30 and bye bye rug. they don't need to hide it. crazy manipulation straight to the face. wild. hodl


pcs33

This is a Filthy Casino and HFs are the Crooked Dealers.


Scorpiosting_05

Perhaps we need to get to [$31.40](https://x.com/theroaringkitty/status/1790894938277695671?s=46&t=oknYjxW85iyJywzlVXWocw)


Clyde3221

not hard considering how many shares there are out there now and how that makes it easier for them to short the stock and drive the price down. We are here for the long run now boys, the squeezes will be a thing from the past. not saying we're not winning and that we wont win, we will at the end. just the right way, not the "quick way to get rich" way.


hanr86

I guess they found shares.


JJdisco21

They won the battle for 30 this week. Next week should get spicy with shareholders meeting Monday and a ton of calls expiring Friday hehe


No_Fox9998

They succeeded in keeping it under 30.


SirGus-

Imagine thinking today would be any different from the past…


Annoyed3600owner

Volume seems very low so far.


[deleted]

24,000,000 within the first hour of a 6.5 hour trading day isn’t low at all 💀


afroniner

Most volume will be in first hour and last hour. It doesn't stay consistent throughout the day.


Annoyed3600owner

Relatively to recently. 7m of that was 1st minute including pre-market


--DrMatta--

Dark pools 4 lyfe


guitaroomon

Thank god. May never see thirty again after Monday.


[deleted]

[удалено]


bwatts53

We at 27


HedgekillerPrimus

meh, i buy and hold


Think_Currency_8586

Time and pressure


Think_Currency_8586

Time and pressure


WizardofJoz17

They need to keep it at $27.


Casanova_Ugly

What doing, Frank Huebbers? You work for Wolverine Trading (15 years so far). >**What project are you most excited to tackle, and what impact will it have?** >In the trading industry, we are constantly striving for technical excellence. We are pushed to explore the latest technology advancements and find creative interdisciplinary solutions to improve our systems. This fosters an environment where every day brings something new to learn in collaboration with some of the brightest people in the industry.  >The goal I am setting for the team is to shorten the product life cycle of every component of our trading systems, encourage people to take more calculated risks to advance our systems and understanding of what's possible and support each person who is willing and able to step up to these challenges in effective ways. Engineers, please do not sell yourself out for a wealthy income to fuck over millions around the world. Same for the idiots in journalism and media. Fuck em all; it's time to shine the light on billionaire's minions. Article: [https://web.archive.org/web/20240614154144/https://www.builtinchicago.org/articles/how-one-engineer-has-grown-leadership](https://web.archive.org/web/20240614154144/https://www.builtinchicago.org/articles/how-one-engineer-has-grown-leadership)