Lurker > emblem boy

WingsOfGood posted...

Ok so, what if there is a huge selloff of GME Friday as people lock in their profits and the stock dips.

Is the idea to buy then and squeeze Melvin more? Or is it over if that happens?

No idea to be honest. Friday is gonna be weird cause there are gonna be so many calls expiring plus people taking profits
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Conker posted...

So, my sold calls for $5 are going to get exercised on Friday for AMC. Should I buy them back tomorrow, just buy more AMC? At what price? Im gonna set a limit order but itll likely jump in pre-market, people will take their gains, then itll jump again Im sure.

Please guys help me out and sell off down to under $5.25

I didnt buy into AMC for a meme stock, I bought to hold and sell calls but got caught in the middle.

Im getting Teslad again! (I bought 20 Tesla shares back in early 2019 and sold in Sept 2019 right before the jump...had $6k in, would be 100 shares now). Now Elon tweets and is gonna cost me thousands on AMC as a result of WSB GME hype spreading.

Fuck!

Someone in SMG#2 said what am I selling next...you gotta be shitting me but I sold Nokia at $4 a few weeks back. If that gets on this train Im just going to blow up my entire portfolio.

There's always a chance it drops below your break even point or close to it by Friday and it becomes cheap to buy back if needed

I have 2 $17 covered calls on BB myself that expire this Friday
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NatsuSama posted...

emblem boy posted...

Options expire like a couple hours before market closes. Specifics depend on your brokerage. At that point though, they're pretty much gonna be worthless. So don't hold them till then

So I should sell by noon Friday?

Buying an option 2 days until expiration is pretty much gambling. It's a lotto ticket essentially. Even my options are for next week.

Sell when you're happy with the gains. I wouldn't even hold until the last day. Unless some crazy movement happens on that last day, your option is most likely gonna be worthless
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Despised posted...

I cannot advise this, as I fully acknowledge that I will be quite literally gambling, but i'm okay with taking that L if it happens.

This
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NatsuSama posted...

Despised posted...

I'm dropping 3k on GME tomorrow open market, i'm on until friday.

Fight the system.

Is this advised?

I'm hearing about options expiring on Friday. Is this Friday evening? I went against my gut and bout 3 stocks ($600) on GME. What time on Friday should I be bailing and why are we confident GME is safe till Friday?

I'm genuinely clueless to this as I'm new stock trading and especially this meme stock.

Options expire like a couple hours before market closes. Specifics depend on your brokerage. At that point though, they're pretty much gonna be worthless. So don't hold them till then
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Ya,apparently calls don't help out the situation, but I need option gains, not share gains for gme
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jeffhardyb0yz posted...

Beautiful day. $20k gains today. Stayed far away from GME or meme stocks

My man
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Need tesla to start mooning for earnings
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CommonStar posted...

[LFAQs-redacted-quote]

Isn't he up like 22m or something now? crazy

The man has balls
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Future_Trunks posted...

emblem boy posted...

Is... Is this the final squeeze?

not yet. wait til friday @emblem_boy

Good shit
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Is... Is this the final squeeze?
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Future_Trunks posted...

holy fuck

also @emblem_boy risky MFer lol

No idea how upset I am at not buying more when it was below 100 yesterday and this morning.
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NeonOctopus posted...

emblem boy posted...

I've got about 17k in GME calls.

I actually bought 16k worth at the high of yesterday... Sold it to break even today though. Then bought back in at a cheaper price

I kinda fucked up yesterday >_> I bought 5 at $60, then sold at $95 for a small profit. Today I bought 8 at an average of $110 and gonna hold it and see what happens

Wish I got more when it below 100, but buying at the high and then seeing it drop demoralized me. All I felt comfortable doing was holding
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I've got about 17k in GME calls.

I actually bought 16k worth at the high of yesterday... Sold it to break even today though. Then bought back in at a cheaper price
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It's hard to work while this shit is going on
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GME is back baby
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The brokerages will send you a 1099INT form that you can use to do your taxes
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Krojen posted...

To infinity and BYND

What you playing these days man
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Waiting for the market to open like
https://youtu.be/pFSFw0gAu9Y
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We back up baby
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Future_Trunks posted...

short term GME calls are crazy risky rn lol
i'd stick to just buying the stock outright @emblem_boy

I wanna sell...but I also want to buy more
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jeffhardyb0yz posted...

emblem boy posted...

I'm such a wuss. Even my wife

huh?

Yep.

Covid actually fucked up the wedding so we just signed the papers ourselves back in August
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Returning_CEmen posted...

You have a wife now?!?!
I remember hearing about the struggle all those years ago. Congrats

Haha, ya. Thanks.
Got married last August.

Didn't really announce it here.
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Ps2Twilight posted...

emblem boy posted...

Got it this morning. Why didn't I fucking get more

Hope you're also buying your wife's boyfriend a PS5

I'm such a wuss. Even my wife is telling me I should fucking go all in on these calls

She wants me to yolo!!
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Lol, gme just halted
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jeffhardyb0yz posted...

I'm not jumping into any of these crazy raises. 2020 my strategy is to relax and trade carefully

Market makes no damn sense..right now, just ride the wave
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Got it this morning. Why didn't I fucking get more

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http://avatar.xboxlive.com/avatar/emblem%20boy/avatar-body.png
haters gonna hate

GME is fucking
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littlebro07 posted...

How quickly does money go into Robinhood? I only have my free stock there so Ive never deposited anything.

Im thinking when I get enough money to make investing a regular thing Ill keep my long term stuff in M1 but throw a few hundred bucks a month at Robinhood so I can buy into stuff right away. With M1 I can tell it to put money in a stock but it wont until the next trading period.

Sign up for robin hood gold and it's instant I thonk
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I've put a few grand into TSLA, bb, and GME this morning across different brokerages. I can't even keep track of all I've spent
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Lebronwon posted...

emblem boy posted...

I'm fucking missing one of the largest wealth transfer opportunities

What happened?

GME dude. GME!!!!
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I'm legit sad right now.
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I'm fucking missing one of the largest wealth transfer opportunities
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My friend and I were gonna YOLO into it this morning... Fuck it we still gonna yolo into it
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Holy shit
Wtf at GME
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Future_Trunks posted...

emblem boy posted...

This is our week guys. We've got this

what you excited about? @emblem_boy

Lol, honestly nothing. I'm just trying to hype myself up.

I mean, I am hoping for a BB rise
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This is our week guys. We've got this
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Not sure if you guys know about https://www.optionsprofitcalculator.com/ or not
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Future_Trunks posted...

anyone trading options on anything? i'm kinda scared to jump into that outside of YOLOing into PLTR and BB today

Yep. I mainly have calls on NIO and SPY. Long expiration options like 5+ months out.

And some other stuff here and there
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I never got into GME, but I'm happy for the ones that did. And for those winning in other stocks. Feels good to see any of us small fries finally succeed in the game and make bank. Just waiting for my turn, lol
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Lol, I have no idea man. The market the way it is right now makes no sense to me
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Future_Trunks posted...

emblem boy posted...

Now I feel like my 250 shares of BB isn't enough

lol wtf how much did you put in? @emblem_boy

I got them when the stock was around $10.50 to $11 so like $2700. Can't check right now.
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Now I feel like my 250 shares of BB isn't enough
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