I jumped into some ATNF this morning why not
also some AAPLs
You can exercise them at any time even if they're out of the money technically. Not sure how your interface works but yeah you could. Not sure why you'd want to exactly but you know, it's there
I'm going to just wait for it to stabilize a bit before getting my remaining $3 calls. $0.50 was the price I set for myself (break even on $3.50) so I don't really want to spend more on it. Feb is possible to be lucrative but I'm gonna stick to the process and go with the March ones.
https://www.boston.com/news/business/2021/02/04/keith-gill-bill-galvin-gamestop
I don't really get the logic behind in the money calls for cheap stocks. At that point just buy the stock imo
Sold my GME.
What an expensive lesson.
Not that expensive tbh
So in the end why didnt the GME thing work? It cant just be because of the fucking with retail traders.
Did the hedge funds just have diamonder hands and held out longer?
they bought north of 40 million shares on Thursday and Friday last week.
So the bandwagoners were weak when it got to around $300?
So in the end why didnt the GME thing work? It cant just be because of the fucking with retail traders.
Did the hedge funds just have diamonder hands and held out longer?
The GME thing DID work, if you don't think a stock worth $5 going to $400 is working I don't know what to tell you. We made lots of money on it.
I mean it should have gone up higher if no one sold. The thing is the people selling short HAD to buy because of accrued interest on their short sells. Fake buyers can buy and sell all day to themselves at lower prices but unless the market makers cover their investments the price ultimately goes up.
Their games worked is all it means. They paid a hefty sum but if more people had diamond hands they could have paid that much more.
I have 2000 AVCTW btw. Solidarity !!