- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: So I bought some Gamestop(GME)
Posted on 1/26/21 at 11:10 pm to Chucktown_Badger
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! 
0
Posted on 1/26/21 at 11:25 pm to Chucktown_Badger
If you decide to place the GME put order, you should change the Price Type to Limit instead of the current Market. You will most likely get screwed if you submit a market order. In the limit price box, enter what the ask price is and click review order.
If the current AH price holds, then those $20 puts should be cheaper. If you were okay with paying $2.00 per contract, you might want to look at a higher strike put (maybe the $50s) with that same 05March expiry that is going for roughly the same price $2.02 price.
From your posts, it seems that you are all over the place with options. If you are buying a put to open a position, you believe and want the price of GME to go down from where it currently is. It won't have to get to $20 or $50 for you to be profitable if the stock moves DOWN quickly.
If GME opens during the regular session at $210 and you buy the $50 puts and GME gets to $150 by noon, then you should be in the green.
This afternoon, I jumped on some GME puts expiring 2/12 and 2/19 and get out with a small 10% profit since the implied volatility was spiking as the price went up. That is rare.
If the current AH price holds, then those $20 puts should be cheaper. If you were okay with paying $2.00 per contract, you might want to look at a higher strike put (maybe the $50s) with that same 05March expiry that is going for roughly the same price $2.02 price.
From your posts, it seems that you are all over the place with options. If you are buying a put to open a position, you believe and want the price of GME to go down from where it currently is. It won't have to get to $20 or $50 for you to be profitable if the stock moves DOWN quickly.
If GME opens during the regular session at $210 and you buy the $50 puts and GME gets to $150 by noon, then you should be in the green.
This afternoon, I jumped on some GME puts expiring 2/12 and 2/19 and get out with a small 10% profit since the implied volatility was spiking as the price went up. That is rare.
Posted on 1/26/21 at 11:29 pm to tigerfan4444
Thanks for the perspective. I'm definitely gonna be watching this closely starting early tomorrow.
Posted on 1/27/21 at 2:58 am to JohnnyKilroy
agreed
Posted on 1/27/21 at 3:01 am to rocket31
Just hit 260 ! on early pre market
This post was edited on 1/27/21 at 3:01 am
Posted on 1/27/21 at 3:33 am to ReadyPlayer1
280
Lawd
Lawd
Posted on 1/27/21 at 3:58 am to Upperdecker
we like the stock
Posted on 1/27/21 at 4:02 am to Upperdecker
310
I can't look away !
I can't look away !
This post was edited on 1/27/21 at 4:04 am
Posted on 1/27/21 at 4:04 am to ReadyPlayer1
$315! DIAMOND HANDS. HOLD. Stay strong out there boys.
Posted on 1/27/21 at 4:05 am to TigeRoots
Margin calls everywhere
Posted on 1/27/21 at 4:08 am to Upperdecker
Got a feeling a lot of retail will be selling at this price at open. Not I. Thoughts?
Posted on 1/27/21 at 4:13 am to TigeRoots
Ofc people will sell, people are making life changing money here. Doesn’t mean buys won’t come in to offset those sells though. GameStop has gotten an absurd amount a press. I’ve had a bunch of people that do no active investing mention it to me. Which means more people are coming in to buy
Posted on 1/27/21 at 4:15 am to TigeRoots
germany apparently likes this stock
Posted on 1/27/21 at 4:15 am to rocket31
Germans know stonks go up
Posted on 1/27/21 at 4:22 am to Upperdecker
quote:
GameStop has gotten an absurd amount a press. I’ve had a bunch of people that do no active investing mention it to me. Which means more people are coming in to buy
Exactly. I walked into work this morning after being off for 2 days and everybody is talking about it. People who have no clue about trading in general/what's going on with GME. My phone is ringing off the hook like I'm a damn broker. Exhausting trying to explain to everybody...
Edit: Not sure I'll be able to peruse WSB today like I have been, so y'all please update the thread accordingly. I'll keep it open for sure.
This post was edited on 1/27/21 at 4:25 am
Posted on 1/27/21 at 4:36 am to TigeRoots
So IF Melvin Capital were to go bankrupt who covers the shorts?
Posted on 1/27/21 at 4:37 am to Upperdecker
326$/share
We are doing it boys! We really is be doing it!
This post was edited on 1/27/21 at 4:40 am
Posted on 1/27/21 at 4:40 am to TigeRoots
quote:Their broker.
So IF Melvin Capital were to go bankrupt who covers the shorts?
Posted on 1/27/21 at 4:47 am to KickPuncher
Hit $365 premarket. 
Posted on 1/27/21 at 4:48 am to KickPuncher
quote:
Their broker.
Roger that. How are you feeling right now? Think this PM holds?
I got a feeling alot of paper hands will fold with this open.
This post was edited on 1/27/21 at 4:50 am
Page 56 of 200
Popular
Back to top
Follow TigerDroppings for LSU Football News