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re: So I bought some Gamestop(GME)
Posted on 1/26/21 at 9:22 pm to Chucktown_Badger
Posted on 1/26/21 at 9:22 pm to Chucktown_Badger
That’s more than $100/share out of the money. It would take huge price growth for that to pay.
3
Posted on 1/26/21 at 9:24 pm to lynxcat
Oh great. Another thing I could have made money on had I paid attention
This post was edited on 1/26/21 at 9:24 pm
Posted on 1/26/21 at 9:30 pm to lynxcat
Opens up the potential for further “gamma squeeze” in theory. If enough people hammer the 320 call, MM has to cover the delta. It appears the only stopping point is either MMs stop offering calls so far out of the money, or traders run out of capital to purchase the calls due.
Posted on 1/26/21 at 9:42 pm to lynxcat
Look at the open interest in ATM calls at the current AH price. Nobody is in those contracts yet it's incredible how high the dealers can take it that fast.
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