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Spaceship
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8:21a, 1/27/21
AG
Wow, I couldn't resist joining in the AMC fun. I bought it pre-market at my house and sold it when I got to my work parking garage for 55% profit. This market is nuts.
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Brewmaster
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In reply to PacoPicoPiedra • 8:22a, 1/27/21
AG
BobaFettsClone said:
PearlJammin said:
Aggies75455 said:
AMC $16

AMC $17
It will be over $25 before the market officially opens.
Less than 20 minutes to open and it's already over $24
should get a big rip and volume at market open. Same happened on GME and to some extent AMC yesterday. It's amazing how many people are throwing money at this without premarket trading set up.

also might halt at open, wouldn't be surprised.
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OE_Ag11
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8:22a, 1/27/21
AG
Gme just went from 250 to 350+ in the last 10min or so
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sts7049
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In reply to gig em 02 • 8:22a, 1/27/21
AG
gig em 02 said:
Someone got a chart to show AMC resistance levels?
the resistance is the edge of the milky way
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wanderer
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8:22a, 1/27/21
I can say I currently understand most strategies, but OA's strategy of buying calls and then shorting against them is something I haven't been able to wrap my head around.

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gougler08
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In reply to gig em 02 • 8:22a, 1/27/21
AG
gig em 02 said:
Someone got a chart to show AMC resistance levels?
Technical trading is way out on this and GME
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In reply to Brewmaster • 8:22a, 1/27/21
Engine10
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In reply to Beerosch • 8:23a, 1/27/21
AG
Beerosch said:
Any idea what these leaps open at?

My Mark on the $2.5 '23 vintage shows $19.7. For some reason it's been updating but others have not. Must be a volume thing
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_lefraud_
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In reply to McKinney Ag69 • 8:23a, 1/27/21
AG
BlackBerry or Blockbuster?
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FTAG 2000
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8:23a, 1/27/21
AG
Gamestop 375.
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ag94whoop
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In reply to [removed post] • 8:23a, 1/27/21
AG
CastleRock said:
ag94whoop said:
now the next obvious question for those that only took tiny positions on these wild rides is...what's the next GME/AMC?

This is the recipe for potential disaster

Make $500-$1,000 on reddit meme

Put 10k into the next "guaranteed short squeeze" and lose $5,000
yeah thats why i dont intend to ever play anything significant. I actually only bought like $1000 worth of BB and AMC a yesterday morning and ended up exiting BB with a tiny win thinking it wouldnt fly. Held AMC on a whim. may may a little money today. But these things arent solid plays, just like gambling, so i would never play big with them.

CLOV and PLTR are stocks i WISH would fly like this. Damn that would be fun.
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Ags2013
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8:24a, 1/27/21
AG
GME is at $366
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leoj
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In reply to wanderer • 8:24a, 1/27/21
AG
wanderer said:
I can say I currently understand most strategies, but OA's strategy of buying calls and then shorting against them is something I haven't been able to wrap my head around.



Locking in profits
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Beerosch
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In reply to Engine10 • 8:25a, 1/27/21
AG
Engine10 said:
Beerosch said:
Any idea what these leaps open at?

My Mark on the $2.5 '23 vintage shows $19.7. For some reason it's been updating but others have not. Must be a volume thing

Thanks...that seems lower than what I would've expected. I guess cause these are so far out.
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wanderer
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In reply to leoj • 8:26a, 1/27/21
leoj said:
wanderer said:
I can say I currently understand most strategies, but OA's strategy of buying calls and then shorting against them is something I haven't been able to wrap my head around.



Locking in profits
Got that part, but confused on the actual execution. I've only ever bought puts (never actually shorted a stock)
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Engine10
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In reply to Beerosch • 8:27a, 1/27/21
AG
Yeah exactly
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McInnis 03
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8:27a, 1/27/21
AG
Need someone to keep eyes on AMC option flow. Yesterday when we saw multi-million dollar sweeps on OTM calls you saw what happened to GME. If this happens to AMC you can bet your ass it's going to run.
***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.***

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Maximus_Meridius
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In reply to wanderer • 8:28a, 1/27/21
AG
If I understand it right...

The LEAPs are calls, so he can buy shares at a guaranteed price. By shorting now, he's getting profits at the current price, and if he's forced to cover, he can execute the LEAPs to buy at the guaranteed price (which is lower than where he shorted, I think).
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khaos288
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8:29a, 1/27/21
AG
Someone hold me. I'm scared for when options pricing hits
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8:29a, 1/27/21
Engine10
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8:30a, 1/27/21
AG
How did I miss that AMC has weekly options? That is just fuel for the FOMO fire. Hang on gents, gonna be a wild ride!!
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Bob Knights Paper Hands
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8:30a, 1/27/21
I bought butterflies on GME yesterday mostly for fun. This morning the sold call portion got exercised so I have 200 shares short of GME and 2 calls to unwind this morning. I will wait until the initial craziness wears off and then unwind when there is a more stable price. Lots of money potential if I sold the calls now and tried to ride the shorts down, but way too much risk for me.
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ag94whoop
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8:32a, 1/27/21
AG
AMC opened at $20 and dropped to $17 in seconds with people taking earnings

curious what happens next
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MavsAg
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8:32a, 1/27/21
AG
$BFT taking a bath today. Anyone doubling down?
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Bird Poo
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8:32a, 1/27/21
AG
Everything is going SOUTH
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8:33a, 1/27/21
Fightin_Aggie
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8:33a, 1/27/21
AG
Apparently all of my stocks are being sold to buy Gamestop and AMC cause I am getting beat right now.
The world needs mean tweets

My Pronouns Ultra and MAGA

Trump 2024
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fooz
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8:33a, 1/27/21
RH down per WSB chat.
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ag94whoop
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8:33a, 1/27/21
AG
PINS, PENN and PLTR all on massive slide
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zag213004
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8:34a, 1/27/21
AG
TD ameritrade seems down on phone
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Esteban du Plantier
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8:34a, 1/27/21
AG
TOS is bricked.
.
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8:35a, 1/27/21
TChaney
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8:35a, 1/27/21
E*trade is down for me
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Ags2013
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8:35a, 1/27/21
AG
FUBO at 50
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Betoisafurry
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8:35a, 1/27/21
Of course Fidelity is not letting me do ***** Such a joke man
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