Hey, deep state! WE'RE STANDING RIGHT BEHIND YOU. Nothing can stop DWAC!
(media.greatawakening.win)
🤡 DWAC IN DC 😱
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I bought a January 2024 leap option at $105. Cost around $1050 at the time, but will be worth tens of thousands by next year, even more by 2024. Also grabbed regular shares since it'll probably split many times long term.
This is very smart. I have 200 shares of DWAC as we speak. People don’t realize how huge this stock can be. A market cap equal to that of Twitter $40+ billion, would put each share at $1100 a pop. Considering how big and how awesome the business plan, to take on Netflix, Facebook, Disney plus, and other companies, realistically we could eventually see a market cap at least half of Facebook, around $500 billion. That would be $13k per share(obviously the stock would have split several times by this point.) Smart investors are buying every dip possible. Remember, as it stands, the stock only has a 37 million share float. Easy for the stock to sky Rocket.
Same but with an expiry of Jan 2023 rather than 2024. Looking forward to this!
I'm thinking about picking up a 2023 too. Either play is $$$$$.
What platform did you use and what was your strategy for 2023 as opposed to 2024? I have 45 shares of DWAC and low teens of gme in which I bought pretty high, but looking to dump my doge and saw this and looked pretty interesting
I use TD Ameritrade. Both 2023 and 2024 were available. I did 2024 because the stock will still be growing fast through 2023.
Appreciate the quick reply…how does one determine the strike price (not sure if I have the right terminology there) for that projected date and how does the profit work compared to normal options trading? Sorry for all the questions, just a smooth brain ape trying to gain some knowledge. Appreciate ya
The strike price is determined by the seller, but all you should worry about is what you think that price will be. I chose $105 by January 2024 because I knew I would be in the money (ITM) quickly. The penalty for that is a higher premium (what you pay for the option up front). The premium is determined by other factors too.
A leap option just means a long term call option. There's generally less risk and more upside to a leap, but you're paying a higher premium.
A warning about options: It's high risk. I've lost a lot of money being too confident a stock would hit a certain price by a certain date. All indicators and charts can tell you it's a safe play, and the stock will still do something unexpected. It's good to diversify options instead of go all in on one. Though DWAC is a safer play than most.