All,
Purchase a 6/3 expiration call option for a $305 strike price. Right now the price per contract is between $.02 & $.03.
Your profit percentage potential is over 47k%.
If GME doesn’t go to the moon tomorrow before end of day we will place another trade for 6/10 expiration call.
To answer a few questions:
If you were unable to place your option trade before market close today you missed out on the 6/3 expiration date. You will be able to take advantage of the 6/10 expiration if MOASS does not occur tomorrow. We will continue buying contracts through June if MOASS delays.
The last 2 “short sneezes” of exponential (1,200%k+ growth for GME occurred on or around the extension of an EO connected to sanctions on US companies invested in US assets. We believe the MOASS, or at least another sneeze, will occur tomorrow or the next week as the EO is believed to take full effect tomorrow unless Biden extends for a 3rd time.
I will give more details on the next 6/10 expiration if the MOASS does not occur tomorrow.
You need an options account to level 2. I recommend Fidelity. Any brokerage will work. You can call your broker and they can place the trade with you.
PS: options are highly speculative & I am a licensed fiduciary investment adviser & our odds are very low with this play. That said: YOLO
In #2....don't you mean US companies invested in chinese assets?
Yes
Then edit your post please
Who are you using to purchase the stock option??
Will make a blanket reply to all questions in a little while.
Can you please explain this like I’m 5? I just recently dipped my feet into the stock market and got 5 shares, but I don’t know what options or strike price are.
Then explain again like I'm 3. This will cost me .03c each?
I'm a long-term hodler but haven't played options ever. I get what you're saying, I think. Basically- if, tomorrow, the stock price jumps and is above $305, the option is in the money, correct? Then, to exercise it, you have to buy 100 shares at $305 (which is a good deal if the price is above $305). But that's $30,500.00. Is there a way to sell the call contract to someone else, if you don't have 30k sitting around? That's where I'm confused, because I am functionally retarded.
I can’t count past 10, because that’s all the fingers I have, but where does the profit potential of 47k% come in and to be more specific what is the payout If you are in the money and can cover the $30,500.00?
Will make a blanket reply to all questions in a little while.
Don't buy them,unless you are an expirenced trader.
Will make a blanket reply to all questions in a little while.
I'm heavy into gme,and have bought plenty of options.
No way these are worth any thing tommorrow.
Possibly 6/10.
Easiest just to buy shares,they never expire.
I've been a GME ape for 2 years. Why are you confident in the option? Do you think the stock split will be announced tomorrow?
Will make a blanket reply button comment and address all questions in a little while.
Tomorrow is also a big social media cyber attack day so be weary of who you trust. With that said can I have your passwords frens?
Wrong sub. You want Wsbets.win
Also don’t make people buy options who have no clue what options are. That’s financial advice.
Op may be selling covered calls,and want to make some easy money. For people who don't know I have over 100 shares of gme I could sell calls, covered by my shares and collect the premium money lots of people are doing it and making easy money,but people invested in gme are not buying out of the money calls that much anymore......
I’m a licensed fiduciary. I give financial advice. And people aren’t as stupid as our government makes them out to be.
How would this purchase be made?
Will make a blanket reply to all questions in a little while.
I own GME and have them DRS, but checking back on this one as I have zero fucking clue on options
You have better odds,betting on black,at the roulette wheel.
Yes this is Greek to most of us. Please explain...
I found the options section but can't see how to make a purchase
Will make a blanket reply button comment and address all questions in a little while.
Not looking promising on that MOASS today…
Nope. It’s hard to be exact. Lots of opportunity over next month. Biden did in fact sign the EO today. So that is good news.
im confused. weeks ago i thought u said it would be better if biden did NOT extend the EO? then the price could go to the moon?
That is correct. That was the thought. There’s still time. Today was what we wanted. The MOASS will be another day.
awesome!! ty aztrujplican :)
is there a Q post makes you think gme will go up 200% tomorrow?
I've been followings gme closely everyday for a year,it's not possible to move up that fast in one day.
Other individual investors are selling these calls,the same way you would buy one. If you want to invest in gme,just buy the shares and hodl. Shares never expire,these call will go to zero tomorrow at the end of day. Right now I own over 300 options,not a single one is in gme......
Will make a blanket reply button comment and address all questions in a little while.
can you purchase options on expiration day?
Yes. For the next expiration
Options bad mmmmkkay
Damn. On the phone with the guy about to buy 15 and he tells me I don't have a signed options agreement!!! Missed this one. Can we hold off launch till the 10th now??
Just buy shares.
Will make a blanket reply button comment and address all questions in a little while.
You saved your money,we closed negative today.
Some problems with the main booster rocket, I guess. I had my resignation letter written up and everything! I think I will just stick with the shares that I have.
If you have a lot of shares I would look into DSR with computershare.
I have 4 just to hodl a bit. The option would have been a nice bump. Small account where I bank. Spoke to a guy there, he claims I won't have trouble selling. Also, takes 4-6 weeks and cost $50. Not sure what to think. Been hearing a lot about registering on here, I don't really understand. Does that "put your name on them" essentially? Anyway if they are going to mess us about if we want to sell, they would likely find a way around the registration? They don't follow any rules. Even today's trading seemed strange.
If you have 4 just keep them with your broker. It should be just fine. I have xxx shares and 1/2 with computers share,they are registered in my name,the ones with the broker are held in then DTC in the brokers name,I'm supposed to have the full rights to the shares,but it's not quite the same. Last year robbinhood did not own the shares,that's why they were margin called and had to illegal shut down the buying of shares.
I fidelity approved my after 2 days.