Roaring Kitty (Keith Gill) new X post connection to Q - MOAB next week. GAMESTOP! June 21 is when his calls expire.
(media.greatawakening.win)
Q-analysis!
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It gives you the right to buy 100 shares in the future at a set price. DFV has 20 doller strike price allowing him to buy 12 million shares at that price. Price is now over 30. You can also take the difference in money if you don't want to buy shares. You can also make money on the increase, my calls for 32.50 are up 60% today, even though we have not reached that price.
I'm still too dumb to mess around with options, but I am inadvertently learning a bit about then just from poking around on SuperStonk.. If you think the price is going to hit X, but don't have the cash to buy 100 shares how much does that cost you and how much would you get for selling(?) the option? If, say, you had a 20 dollar strike and it was at 30 dollars day of.
Use this calculator, and pay attention to the date, they farther out the date is more expensive and they lose value quickly as you approach the expiration date. They they are worth zero, if they are not in the money. https://www.optionsprofitcalculator.com/