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re: Holding AMC Thread- Diamond hands unite

Posted on 6/2/21 at 1:05 pm to
Posted by LSUgrad04
Baton Rouge
Member since Jan 2006
1915 posts
Posted on 6/2/21 at 1:05 pm to
So when will options above the current highest strike price, $73, be added? Considering it’s movement, I’m surprised they haven’t been added yet.
Posted by AA7
Birmingham, AL
Member since Nov 2009
28447 posts
Posted on 6/2/21 at 1:06 pm to
quote:

I have little doubt there are long positions in AMC now as well.

There is zero chance just retail is driving this up like this. The big boys know a money opportunity when they see one.
Posted by Abstract Queso Dip
Member since Mar 2021
5878 posts
Posted on 6/2/21 at 1:19 pm to
Those contracts won't be written until citadel takes all its profits. :)
This is wild. i love it... just wish I had not been sitting on the sidelines
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18371 posts
Posted on 6/2/21 at 1:22 pm to
quote:

If you were giving meaningful analysis of how and when to make those calls you wouldnt be catching comments

Unfortunately, whether you are aware of it or not you are coming off as smug and thinking you are smarter than everyone in the room when most of us have cleared 5 figures on this. We are all thinking about where to be out, but the guy that made nothing yelling into the ether that people aren’t going to maximize profits just comes across as a parody with you absolutely having minimized your own outcome.


He’s an aloof clown, warning others about risking their money. It’s actually pretty awesome to get free financial advice
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35838 posts
Posted on 6/2/21 at 1:26 pm to
quote:

Those contracts won't be written until citadel takes all its profits. :)


It looks like Citadel holds just shy of 725k shares, and I was not able to find them with a short position in the company.

Are they still the evil hedgie, or are they cool now?
This post was edited on 6/2/21 at 1:26 pm
Posted by Modern
Fiddy Men
Member since May 2011
16970 posts
Posted on 6/2/21 at 1:30 pm to
Ok, that’s it. Setting a limit sell @$70.
Posted by Large Farva
New Orleans
Member since Jan 2013
8691 posts
Posted on 6/2/21 at 1:32 pm to
All or percentage?
Posted by Modern
Fiddy Men
Member since May 2011
16970 posts
Posted on 6/2/21 at 1:35 pm to
All but one share.

Keeping that one just to be curious
Posted by supadave3
Houston, TX
Member since Dec 2005
31799 posts
Posted on 6/2/21 at 1:46 pm to
quote:

I’m tempted to sell @ $7


I’ve already set my order. If it touches $70, I’m out all but 1 share. I only had 8 to start with though so I’m no high roller here.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 6/2/21 at 1:53 pm to
for the sole purpose to cause a major dip to scare people out their shares
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32740 posts
Posted on 6/2/21 at 1:57 pm to
I will say here that GME followed this same pattern and had multiple halts up and down and stayed flat rest of day before it doubled again overnight when it went from $60 to $120. I’m still holding my few shares for that potential
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 6/2/21 at 1:57 pm to
quote:

It looks like Citadel holds just shy of 725k shares, and I was not able to find them with a short position in the company. Are they still the evil hedgie, or are they cool now?


They’ll need to hold more after today.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 6/2/21 at 1:58 pm to
Aren't there a bunch of calls set to expire today in the 50-70 range?
This post was edited on 6/2/21 at 1:58 pm
Posted by Delacroix22
Member since Aug 2013
4537 posts
Posted on 6/2/21 at 1:59 pm to
Just checked the price after my case.

WOO
Posted by Abstract Queso Dip
Member since Mar 2021
5878 posts
Posted on 6/2/21 at 2:00 pm to
tons of options contracts get routed through them. They are a biotch to deal with. They would never ever cancel an order because of a fat finger by a client or an advisor. The other clearing firms gave you about a 2-3 minute window to call the trade desk and get it corrected depending on the error. Susqehanna was great.

(I worked in operations on an equity trade desk at a small firm)
Posted by greygoose
Member since Aug 2013
14308 posts
Posted on 6/2/21 at 2:07 pm to
quote:

There is zero chance just retail is driving this up like this. The big boys know a money opportunity when they see one
It will be even more readily apparent after hours.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 6/2/21 at 2:08 pm to
so you were saying some person you follow who has been pretty correct with this PTs has this at 280 by friday afternoon?
80-100 is coming shortly

This is fricking nothing... i will keep re-iterating this over and over. 4 and 5 digits incoming!
Posted by AUtigerNOLA
New Orleans, LA
Member since Apr 2011
17221 posts
Posted on 6/2/21 at 2:10 pm to
Sold 30 shares, holding on to 70. Got what I put in plus som e profit. Let's moon boys.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35838 posts
Posted on 6/2/21 at 2:10 pm to
quote:

for the sole purpose to cause a major dip to scare people out their shares


quote:

They’ll need to hold more after today.


huh?
This post was edited on 6/2/21 at 2:11 pm
Posted by greygoose
Member since Aug 2013
14308 posts
Posted on 6/2/21 at 2:11 pm to
quote:

Nice to time to buy in on this pullback to $63! Think about that!
I see the downvotes for your post. Those are probably the same people who said GME was too expensive at $63.

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