strafefire If you are an OG here -- and you had a brain -- you already knew this. Thomas Peterfly (one of the main bad guys) said it himself. But because of the (former) anti-options brigade, this knowledge was hidden or people got harassed talking about. I am 1000% convinced that all the anti-options talk from years ago was an astroturf campaign by the hedgefunds, and because too many people here are regarded, they jumped on the fake bandwagon of options hate. The badguys literally monologued how to beat them, and we were told to stick our fingers in our ears. I still remember in January of 2022 when a hedgefund dude was discussing the role options had in stock squeezes and GME, then reddit itself went down for like 2 hours. That video was posted here in this thread When reddit came back, the video was switched to Youtube kids for some reason, the original post LOST TENS OF THOUSANDS OF UPVOTES and the Superstonk front page did not work right for a while. The video: https://www.youtube.com/watch?v=OChaTm0To1U Shares plus options had always been the way. Have ya'll not noticed that a lot of the stocks that they tend to use against GME do not have options? HKD, LPA, TOP, KOSS etc. Wonder why... Finally, when the VW squeeze happened, it was due to Porsche purchasing 74.1% of the company using both shares and options. https://archive.ph/wIH2M#selection-2395.418-2405.258 That said, this post and other pro-options post would have already been downvoted to oblivion or removed had DFV not comeback and showed us how he was loaded to the tits with them. Thanks DFV for coming back man!
And the original post:
The sneeze was caused by OPTIONS DFV began posting his positions in 2019. Go back and check. He had staggered LEAPs. I'm not sure if the LEAPs themselves helped contribute to the price rise, as Michael Burry and Ryan Cohen were also buying in. However, as the price rose, DFV's options started to get more notice on Reddit where he posted his YOLO updates, which caused people to follow him into the options. This was all coupled with a market bull run, which put more and more of those options in the money over the next 6ish months. By the time of December 2020, DFV was already a millionaire and his posts were already getting hundreds of thousands of likes on Reddit. January 2021 is just when he because a 10 fold millionaire. My point is that the gamma ladder in 2021 was built over time, and it was built from the Reddit community buying options for leverage. This sub loves "DRS + Hold" as its mantra, but that is a repapering of the actual history, and that didn't come about until AFTER Jan 2021. Half this sub also thinks things happened under the accelerated timeline shown on Dumb Money. It didn't. It was a long-term OPTIONS YOLO by Reddit. And if you want to call this FUD, go back through DFV himself's posts and look at when he became a millionaire. His total gains are a matter of public record on his account. And look at when his posts started gaining traction. Second half of 2020. 2021 was Reddit participating in the options market rather than sitting on the sidelines waiting to see what would happen.
MOASS tomorrow.
Slightly off topic but with all this rig for red talk, anyone thinking about some spy puts for october?