Jon Naaaaaa....not gonna be here anymore, with his big GME puts.Rice and Fries said:Elon Musk tweeted about it....tsuag10 said:
GME $165 AH
Elon just said, hold my Falcon boooster.
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Last: 50 min ago by I bleed maroon
Elon just said, hold my Falcon boooster.
$240
someone must have farted... everyone heading for the exit
More than one person is gonna feel some pain with this.AgEng06 said:
These mf'ers are gonna push $250 today.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Saw it up over $230 at one point
Has there ever been anything like this?
Has there ever been anything like this?
There are trillion dollar companies that got bailed out by the government that thinks these hedge funds have been too irresponsible
Just quoting this so I can find it later.La Bamba said:Basically on the day that you see that second goalpost, in other words huge daily volume after the initial breakout day followed by consolidation, the likelihood of breaking that initial day's top is high. Need the volume though.McInnis 03 said:
What were the rules on the goal posts? I know about the volume bars being ridiculous, but what were the up/down pieces of info we need to watch for?
I normally estimate the pre market volume as 10% of the total daily volume to get an idea whether we will see the goalpost or not. Curious if anyone else has data/tracked that to verify whether good ballpark number or not. This is from what I've seen/gut feel.
Can't wait for the Netflix documentary on this GME short squeeze. Absolutely insane!
yukmonkey said:
Saw it up over $230 at one point
Has there ever been anything like this?
VW was squeezed a long time ago.
XIV blowing up is the only other modern WSB thing I can think of with this magnitude. Just the opposite this time.
Power to the people eh? If only we were this tactical and coordinated with keeping politicians accountable
Let it ride
High of $244 before the drop a few minutes ago.yukmonkey said:
Saw it up over $230 at one point
Has there ever been anything like this?
We're all buying 100 puts out to March tomorrow, right????
QQQ with a nice AH showing.
You first.
$LUMN, hoping for a handle to form for entry though this thing might take off AH.
lmao wut!? the largest hedge funds aren't scaring these nitwits off their position. I wouldn't stand against this tideUpstateAg said:
We're all buying 100 puts out to March tomorrow, right????
Re:GME
I think big money has taken sides. Bulls want to teach bears a lesson.
No way this action is just wsb, especially those $3.4MM option buys today
I think big money has taken sides. Bulls want to teach bears a lesson.
No way this action is just wsb, especially those $3.4MM option buys today
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
DFV had 4.8 mil in cash. He could have added
like with Tesla? loljj9000 said:March is a long time.M.C. Swag said:lmao wut!? the largest hedge funds aren't scaring these nitwits off their position. I wouldn't stand against this tideUpstateAg said:
We're all buying 100 puts out to March tomorrow, right????
Profits will be taken.
The music will stop.
ok ok not a fair comparison. But what's to stop Ryan Cohen from announcing Gamestops plans to...build a gaming console? or partner with nasa as the official astronaut gaming comopany? or whatever marketing ploy that Elon musk uses to basically juice another run up. Know what i mean?
Experienced traders,
Do any of y'all know of another situation like GME?
I know some posters were talking about dumping decent sized cash into GME and many on here posted against that. There may be some posters that are experiencing extremely strong FOMO (fear of missing out) and looking for the next GME.
I would hate to see some people on here get burned thinking this won't end.
I've been out on trying to play GME in anyway. I don't see the value that I can manage risk/reward on any trade with it.
Do any of y'all know of another situation like GME?
I know some posters were talking about dumping decent sized cash into GME and many on here posted against that. There may be some posters that are experiencing extremely strong FOMO (fear of missing out) and looking for the next GME.
I would hate to see some people on here get burned thinking this won't end.
I've been out on trying to play GME in anyway. I don't see the value that I can manage risk/reward on any trade with it.
But the premium paid on those options, alongside 500% IV will absolutely crush anyone holding them.jj9000 said:March is a long time.M.C. Swag said:lmao wut!? the largest hedge funds aren't scaring these nitwits off their position. I wouldn't stand against this tideUpstateAg said:
We're all buying 100 puts out to March tomorrow, right????
Profits will be taken.
The music will stop.
Now selling options is another different story.
jj9000 said:Yes.yukmonkey said:
Saw it up over $230 at one point
Has there ever been anything like this?
Oil at negative $30 per barrel.
Yeah that was crazy but also unique because you have to take physical delivery of the commodity with the futures contract.
M.C. Swag said:lmao wut!? the largest hedge funds aren't scaring these nitwits off their position. I wouldn't stand against this tideUpstateAg said:
We're all buying 100 puts out to March tomorrow, right????
The hedge funds might be the big boy mid-wits in this case.
GME quickest 10 bagger ever? What was that 2 weeks or so?
lol yes, i understand what i typed. it was intended to be ridiculous (akin to Elon's on going schemes to juice tesla investors with promises of things he'll never actually do).jj9000 said:M.C. Swag said:like with Tesla? loljj9000 said:March is a long time.M.C. Swag said:lmao wut!? the largest hedge funds aren't scaring these nitwits off their position. I wouldn't stand against this tideUpstateAg said:
We're all buying 100 puts out to March tomorrow, right????
Profits will be taken.
The music will stop.
ok ok not a fair comparison. But what's to stop Ryan Cohen from announcing Gamestops plans to...build a gaming console? or partner with nasa as the official astronaut gaming comopany? or whatever marketing ploy that Elon musk uses to basically juice another run up. Know what i mean?
Read what you just typed and think through it rationally.
Official astronaut gaming company?
Elon posted a Tweet.
FOMO is real.
Obviously that play is one of the most well known in history. This may be different once it is all said and done, who knows how this is going to shake out. If it was just retail the shorts could stop covering and figure out a way to win. Those call purchases was not just retail though, so they could be in trouble. Who knows, just going to watch and keep laughing.
jj9000 said:M.C. Swag said:like with Tesla? loljj9000 said:March is a long time.M.C. Swag said:lmao wut!? the largest hedge funds aren't scaring these nitwits off their position. I wouldn't stand against this tideUpstateAg said:
We're all buying 100 puts out to March tomorrow, right????
Profits will be taken.
The music will stop.
ok ok not a fair comparison. But what's to stop Ryan Cohen from announcing Gamestops plans to...build a gaming console? or partner with nasa as the official astronaut gaming comopany? or whatever marketing ploy that Elon musk uses to basically juice another run up. Know what i mean?
Read what you just typed and think through it rationally.
Official astronaut gaming company?
Elon posted a Tweet.
FOMO is real.
Elon Musk hates short sellers.
2009 Volkwagon stock ran up over $1K in a similar short squeeze from hell (for those short).jbeck3487 said:
Experienced traders,
Do any of y'all know of another situation like GME?
I know some posters were talking about dumping decent sized cash into GME and many on here posted against that. There may be some posters that are experiencing extremely strong FOMO (fear of missing out) and looking for the next GME.
I would hate to see some people on here get burned thinking this won't end.
I've been out on trying to play GME in anyway. I don't see the value that I can manage risk/reward on any trade with it.
Well, some of their biggest holdings are publicly available. Economic warfare baby.ClutchCityAg said:
Power to the people eh? If only we were this tactical and coordinated with keeping politicians accountable
u/DFV's latest post.
leoj said:
Obviously that play is one of the most well known in history. This may be different once it is all said and done, who knows how this is going to shake out. If it was just retail the shorts could stop covering and figure out a way to win. Those call purchases was not just retail though, so they could be in trouble. Who knows, just going to watch and keep laughing.
What if some other big money traders jump on the retail momentum? This thing could go either way.
Woah
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