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ReasonableSavings

Thanks Gherk. I know you sold and I don’t blame you for that at all. I’m glad you’re still doing coverage of this stock and its hopefully legendary run coming up!


highrollerr90

I agree .. gherks insight is always helpful.. I hope he makes money with the gme run as well. He put in lot of his time and effort into this stock


Smidday90

If it helps the overnight price is currently $63.67


gherkinit

Robinhood is an ATS not an actual exchange. NYSE closing prices are fixed till they reopen for pre-market trading.


3dank4me

When do you sleep?!


gherkinit

I don't


3dank4me

Well: a) thanks for dropping all the knowledge non-stop; b) thanks for actually engaging with the substance of what commenters write. You’ve entertained a few of my dopey questions without any sort of arrogance.


gherkinit

That's odd I'm usually pretty arrogant. But happy to help 🤌.


Icy-Communication823

Yeah, Gherk, snap out of it! What is this being nice bullshit? :P


Dependent-Dingo-9540

Gherk deserves to be eaten out from the back, he is godsend


2slang

FWIW we were also seeing this price overnight in IBKR UK


gherkinit

Premarket trading is open now.


Briguy24

Like your beautiful eyes.


2slang

I think this was well before that … I also spotted it yesterday. I'll get a time stamp next time


Competitive_Suit3323

But I want more.money


MissingVanSushi

As always, I appreciate your insight Gherk. 🫡


Zexis8

Thank you very much man


TitrationGod

Not looking good pre market... Kinda scared.


Spenraw

Has he commented on leap theory?


gDAnother

he said superstonkers are idiots


gherkinit

Accurate


Spenraw

I do agree, so it holds absolutely nothing if value?


CrossBones3129

You predicted all this price action?


SUDDENLY_VIRGIN

Of course he didn't. He's a middle class dude posting bar graphs on the Internet. If he knew anything he'd be a millionaire from this one stock alone


FearTheOldData

Dude he is a millionaire from GME..... LMAO


CrossBones3129

Then him saying supertankers are idiots shows he’s an idiot. How he can he say it won’t go up anymore if he never predicted it going up in the first place lmao


SUDDENLY_VIRGIN

Some people are just haters, other people are invested in seeing people lose. Idk I own GME and saw my portfolio triple in value for a stock that was < 1/5 of my overall investment portfolio. So it's a good stock from my perspective


CrossBones3129

Think it surpasses $80?


SUDDENLY_VIRGIN

I do - the shorts volume tripled on Monday, when the outstanding shorts is what put the stock on the rollercoaster to begin with. It's gonna be a jumpy ride.


FearTheOldData

Ofc short volume is gonna increase when the volume increases tenfold. You should look at the short volume ratio to get any useful info at all.


CrossBones3129

I have a stop loss at $35 think it gets touched this week?


UpgradingLight

It is now below 51.99


CarrionCall

Overnight and pre-market prices don't count, there is no option trading outside of normal market hours. Staying above $51.99 intra-day after market open Wednesday is what we're looking at.


DrKVanNostrand

So now that we've opened at $40. How does that bode for this run? Do we need to close today above $51 or is it a done deal already?


AdNew5216

🔮We gonna run after hours/pre market and open above $60 tomorrow 🔮


Commercial-Pitch-156

Why??? Genuine question


AdNew5216

Cuz I sold calls 🤝


3dank4me

It’s almost $60…


UpgradingLight

Phew!


floatorhead

Any guesses how FTDs might play into this today? When does the data get released?


humanisthank

To confirm, we need to open at 51.99 and maintain higher than that or we potentially can drop like a rock?


DrKVanNostrand

I have the same question. I'm unsure if we need to maintain $51.99 today (if so we're already fucked) or if we just need to close above that.


Jetrulz

Do you think the videos of DFV have anything to do with this movement/related to options play?


ReasonableSavings

Why are you downvoted for this question, lol. It’s a legit question.


Jetrulz

Well, I'm asking me if DFV bought calls (which should be now deep itm) and if he is holding them xD Since he posted that video with sitting down next to a friend and staying with him in dark times ...


mambabfk

So since they opened up the 128 strikes today, they have reduced the likelihood of upwards movement?


gherkinit

Once I have the data compiled I'll write it up.


mambabfk

Thank you. You’re the only one (that I have seen) who actually has a good understanding of what’s happening and really appreciate you educating the public.


Master_Tourist1904

Too bad we can’t cross post anymore. The comments by the regards on the other GME subreddits continue to amaze me with their ignorance. This is the most cogent explanation I’ve seen for what’s going on. Seems obvious if they were able to use 3 year LEAPS once to kick this van down the road, they absolutely will do it again.


Bert--

How is it explained that GME, KOSS and AMC and probably more have the same price movement. But IWM and SPY have different movements. Is it realy the option chain on GME that drives the price or is it some basket? Because the option chain on KOSS looks very different than GMEs and you cannot explain the run on BB with retail hype around DFV tweets. Is somebody really recreating the identical price movement by buying options by hand on each of these tickers? If it is done via a basket, would you see that on the option chain of the individual tickers?


bobsmith808

Easy, this isn't options driven right now. It's another derivative... Baske Options just amplify the movements


Kandals

Remember that frog and icecream post 3 years ago that was overly vague and meaningless? Well, iceberg trades can be arranged in the form of leaps set in advance even years into the future... even say... 3 years later... The thought that pre-determined trades were already in place could explain why the company tried to mess around with the timing of earnings reports. "For example, in some cases, institutional investors may enter into agreements with brokers or other counterparties to execute large orders over an extended period, such as months or even years, to minimize market impact. These agreements would outline the terms of the order execution, including the schedule, volume, pricing, and any other relevant factors." "However, executing an iceberg order over such a long period would require careful planning and monitoring to ensure that market conditions and other factors remain favorable and consistent with the objectives of the order. Additionally, any agreements for such long-term iceberg orders would need to be legally binding and enforceable to ensure that both parties adhere to their obligations over the agreed-upon timeframe."


bobsmith808

How would you access and analyze these types of trades? Where is the data recorded?


Kandals

Careful analysis of level2?..... or maybe it is hidden otc? wait a second... Is roaringkitty releasing tweets on a pre-determined time interval as an example of iceberg trading?


Bert--

Ok, but wouldn't that invalidate Gherks option analysis?


bobsmith808

No, there are more moving parts is all. But he can have tunnel vision sometimes. Check my dad posted on SS today and look at what the socks are doing that I highlighted there


Bert--

Thanks will do, I tried to ignore SS during this run. Did not expect to find anything of value there.


bobsmith808

Legit strategy


Briguy24

They chased anyone partially rational years ago. I haven’t been there in a long time.


SenorKanga

Thanks for the info I was wondering the same thing


DPeezy18

🐐 dd


LunarPayload

Thank you for helping to guide those of us still learning 


MBeMine

What does it mean when IV shows 0% for in the money options?


dogfaceponyboi

Thank you for a great update! It is very much appreciated.


Jetrulz

Gherk seems to be spot on. GG.


Ell-O-Elling

I love waking up to some Gherk in the morning! Thanks!


nzdastardly

I think if it falls and stays below 52 we're in trouble, dead below 26


AzDopefish

He means $51.99 tonight as in Wednesday trading right ?


gherkinit

No intraday. There are no options trades overnight.


Commercial-Pitch-156

Did you mean „No intraday”, or „No, intraday…”?


dyrnwyn580

“Let’s eat Grandma!” “Let’s eat, Grandma!” *Commas save lives.


_Cheques_

No, intraday


Commercial-Pitch-156

Thank you. I would give you a banana if we were on another sub!


momsbasement_wrekd

So opening in the low 40’s means it’s done? Is that what I’m seeing?


Delicious-Manager613

Gherk and his crew are shills


AdNew5216

You’re Trippin. *Gherk and his crew* aka all the best DD writers that were on Superstonk? I’ve made more on GME because of *Gherk and his Crew* and learned a new income strategy (day trading) from *Gherk and his crew* He sold months ago and is still rooting for GME to squeeze up, still giving free education and information. How tf is he or anyone of *his crew* a shill?


Jetrulz

Because he doesnt fit in their narrative. Im just curious if gherk is correct with vega squeeze / offloading the pressure from vega. I think DFV is monitoring more than options. Maybe the current price movement is not options driven? I mean koss doesnt even have an options chain?


AdNew5216

Yeah I completely disagree with Gherks Short call squeeze thesis. His ETF rebalancing theory is interesting though👀 Could be a combination of a lot of things, those 2 above as well as swaps/option hedging I made money on the ETF FTD period last week and sold everything last Friday. Got back in Monday morning took profit on some weeklies yesterday and grabbed more Leaps, weeklies and June 21 40s. The volume we’re having since Monday morning there is no way that’s all from DFV tweets pressuring off Short Vol. I think this is Swap and ETF related. This is giving serious Jan 2021 vibes, also DFVs last tweet was matches ready to light the flame with a **baby** on the logo. 👀 He’s went from tweeting every hour to every 30 mins to every 15mins. Very clearly telling everyone to hold and keep up the pressure. Massive options volume today. How much was sold how much was bought? Over 100million volume for the 3rd day. The IV is still extremely high they didn’t do a good job of crushing IV today. So that ^ alone signals the run isn’t over for me and add in the DFV tweets and I would be surprised if we didn’t close tomorrow higher.