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re: Holding AMC Thread- Diamond hands unite

Posted on 5/23/21 at 12:56 pm to
Posted by greygoose
Member since Aug 2013
14329 posts
Posted on 5/23/21 at 12:56 pm to
quote:

It's been happening consistently for 5 months. It's the longest running joke on the MT board. I hope he HODLs forever so the entertainment continues.


Up 19% as of market close on Friday. How'd your $75 in puts doing? Something tells me you probably bought some Dogecoin at it's high, too.
Posted by CidCock
Member since Sep 2007
Member since Feb 2011
8689 posts
Posted on 5/23/21 at 1:10 pm to
quote:

Up 19% as of market close on Friday. How'd your $75 in puts doing? Something tells me you probably bought some Dogecoin at it's high, too.



Where are you seeing this? I thought it closed at 12.10 and is currently around 12.15?

Again, dude, I hope you are right and I still think there's a chance to make money; but it's dwindling. Especially with people losing their shirt on crytpo - I expect a big sell off tomorrow, unfortunately.
This post was edited on 5/23/21 at 1:11 pm
Posted by DJ3K
Member since Dec 2011
7383 posts
Posted on 5/23/21 at 6:31 pm to
Buying some at open. Am I too late to get in on the big payout that is about to happen?
Posted by greygoose
Member since Aug 2013
14329 posts
Posted on 5/23/21 at 7:12 pm to
quote:

Where are you seeing this?
Ummm....my unrealized gains.

quote:

I hope you are right and I still think there's a chance to make money; but it's dwindling.


You might want to consider why crypto is crashing, and where that money is going.
quote:

I expect a big sell off tomorrow, unfortunately.

Just the opposite. Watch and learn.
Posted by greygoose
Member since Aug 2013
14329 posts
Posted on 5/23/21 at 7:32 pm to
quote:

Buying some at open. Am I too late to get in on the big payout that is about to happen?
A LOT of people are. Tomorrow should be a HUGE day. Big volume and probably up 10%.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 5/23/21 at 10:17 pm to
Got another 5 ppl entering tomorrow as well. Why would u not? U will kick urself for the rest of ur life if u don’t and this shite goes to the moon. It ain’t going to a penny. It’s not a 5 dollar stock.

They buying in bc they aren’t going to miss a chance if this in deeds does something nuts. And I told them don’t buy in if ur trying to make a quick buck. Generational wealth is the goal! They all aboard with me.
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/24/21 at 7:33 am to
quote:

Buying some at open. Am I too late to get in on the big payout that is about to happen?


Not sure if serious.
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/24/21 at 8:04 am to
quote:

Got another 5 ppl entering tomorrow as well. Why would u not? U will kick urself for the rest of ur life if u don’t and this shite goes to the moon. It ain’t going to a penny. It’s not a 5 dollar stock.

They buying in bc they aren’t going to miss a chance if this in deeds does something nuts. And I told them don’t buy in if ur trying to make a quick buck. Generational wealth is the goal! They all aboard with me.


You sound like the kind of guy who knows what he’s talking about.
Posted by greygoose
Member since Aug 2013
14329 posts
Posted on 5/24/21 at 8:39 am to
quote:

You sound like the kind of guy who knows what he’s talking about.
Sounds like, he made some money for 5 people.
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/24/21 at 8:41 am to
quote:

Sounds like, he made some money for 5 people.


How do you know?

Regardless, he told them to never sell.
Posted by greygoose
Member since Aug 2013
14329 posts
Posted on 5/24/21 at 8:48 am to
quote:

How do you know?
Simple observation. You see, the stock opens at a price, if you buy it at that price and it goes up, you make money.
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/24/21 at 8:48 am to
Friendly reminder that we’re on page 105 of a stock that’s down 12% since the first post of the thread. Stock opened at $14.31 that morning.

The entertainment factor, however, is about as high as you can get on the MB.
Posted by greygoose
Member since Aug 2013
14329 posts
Posted on 5/24/21 at 8:53 am to
quote:

Friendly reminder


Friendly reminder, I you averaged down, like a lot of smart people did, you'd be way up now, like me. 26.6% and climbing.
Posted by greygoose
Member since Aug 2013
14329 posts
Posted on 5/24/21 at 8:55 am to
quote:

Buying some at open. Am I too late to get in on the big payout that is about to happen?
Looks like you made a good decision.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 5/24/21 at 8:56 am to
Up 6% on the day so far, not bad.
Posted by greygoose
Member since Aug 2013
14329 posts
Posted on 5/24/21 at 8:57 am to
quote:

Buying some at open. Am I too late to get in on the big payout that is about to happen?


quote:

A LOT of people are. Tomorrow should be a HUGE day. Big volume and probably up 10%.



Currently up, 6.9% for the day.........and climbing. I hope poor 'Ol Chitstain didn't double down on those puts.
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 5/24/21 at 9:24 am to
quote:

Before you start making statement, with nothing to back it up, you might want to check out the June 18th $40 calls.


I don’t have a long or short position in the equity - and don’t have a strong opinion about it one way or the other. But with the current high IV (although the percentile rank isn’t high), I would look at going short those June monthly calls at the 35 or 40 strike. The 35s are 13 delta and the 40s are 11.5 delta. Naked short calls (or a spread) at that level are attractive enough to at least look at with the price action as it is.
Posted by greygoose
Member since Aug 2013
14329 posts
Posted on 5/24/21 at 9:29 am to
quote:

I don’t have a long or short position in the equity - and don’t have a strong opinion about it one way or the other. But with the current high IV (although the percentile rank isn’t high), I would look at going short those June monthly calls at the 35 or 40 strike. The 35s are 13 delta and the 40s are 11.5 delta. Naked short calls (or a spread) at that level are attractive enough to at least look at with the price action as it is.
I get it, you are a numbers guy, but my reference was to point out the extremely large amount of calls being bought at $40. 139K in open interest??!! Crazy!
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/24/21 at 9:36 am to
quote:

A LOT of people are. Tomorrow should be a HUGE day. Big volume and probably up 10%.


grey you might have your first accurate prediction of this entire thread. Exciting time brother.
Posted by greygoose
Member since Aug 2013
14329 posts
Posted on 5/24/21 at 9:42 am to
quote:

grey you might have your first accurate prediction of this entire thread. Exciting time brother.

Then I guess that make me 1-0, over you, amirite?
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