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Message
re: So I bought some Gamestop(GME)
Posted on 1/26/21 at 9:33 pm to southernelite
Posted on 1/26/21 at 9:33 pm to southernelite
quote:
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.
Ahhhhhhhh....now I think I get why that is significant. It's a way to further strangle them.
1
Posted on 1/26/21 at 11:10 pm to Chucktown_Badger
quote:Last Friday all the calls that expired that day, were in the money.
Ahhhhhhhh....now I think I get why that is significant. It's a way to further strangle them.
Imagine the same thing happens this Fri but when the share price is $500 or so.
God damn bobby! 
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