quote:
For calls I’d look for something like $50c 1/29, since that gives it a bit of time but you’re not gonna shell out too much. But IV is crazy right now so idk how it will react to the open today

y’all need to be real careful about taking investment advice here especially that specific. Upperdecker is suggesting what HE would do, not what YOU should do

a poster above mentions selling some calls in another ticker to take calls in GME. This is straight up gambling, which is fine, as long as it’s acknowledged here and we don’t get people just blindly following along with their money

shite like this can go south in a blink

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Posted by htcthc321

Member since Oct 2010

1663 posts

Posted on 1/19/21 at 7:07 am to cgrand

Appreciate the advice Upperdecker. I'll see what it looks like at opening.

And I see options as just that, gambling lol. I'm playing with house money in my account right now from BNGO's run a few weeks ago. I'm not gonna throw significant money at GME

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Posted by Upperdecker

St. George, LA

Member since Nov 2014

30649 posts

Posted on 1/19/21 at 7:11 am to cgrand

quote:
y’all need to be real careful about taking investment advice here especially that specific. Upperdecker is suggesting what HE would do, not what YOU should do a poster above mentions selling some calls in another ticker to take calls in GME. This is straight up gambling, which is fine, as long as it’s acknowledged here and we don’t get people just blindly following along with their money shite like this can go south in a blink

Yes you’re right. I’ve already mentioned I sold most of my calls. I wouldn’t recommend investing a significant amount of money here in calls. If you want safer long term exposure, shares are the way to go. With IV as high as it is, it’s definitely gambling

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