ππ¨βπ Looks like Roaring Kitty ππ±βπ€is at it again. "Someone" bought 76 batches (5,000 per batch) of Gamestop calls that total over $7 Million in premiums. Cough up that fur ball and pay attention you crayon π eating apes! GME was up over 9% today. Something is happening. π¦π
(twitter.com)
π - WINNING - π
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Up 9% on no news. Ask yourself why.
DRS your shares into your name!
I see nothing to get excited about. I will continue to keep my shares securely at CS. The current share price is missing many many zeros before I even begin to get excited.
Same for me.
Also, it looks like Jim Jordan had requested that Gary Gensler provide evidence of their questionable hiring practices and documentation on how those candidates political influences my weigh their ability to be hired going back to April 17th 2021.
Does this ensnare Peter Strozk's "wife" (might be a dude) Melissa Hodgman who was named the Acting Director of the Securities and Exchange Commission in Jan 2021.
This is something to keep an eye on
πΊπΈ π π₯ π₯ π»
28.40 AH. If this keeps up I've got some January puts to close tomorrow.
How does one run options on this, exactly?
Apply for options trading with your broker, usually done online and granted immediately.
Take a couple of courses on options trading. Free on youtube.
Sell cash covered puts on GME stocks below current stock price or with a hefty premium. If exercised, turn around and sell share covered calls above your share cost. Repeat forever.
It's a lot more involved than that as far as picking the right prices and dates of expiration but that's the gist off it.
I have a lot better luck with DJT stock options with an eye towards accumulating as many as feasible and it pays all my bills and then some. Just got lucky with some cash covered calls and puts with GME this week.
Thanks, I was wondering what was going on with the price.
FYI to: u/queue-anon
FYI to: u/AllMostThere
I thought the market was closed today
I don't know why people buy GME. Slow business and meme stock pumped by a guy making millions on it. Not a viable business.
Zero company debt.
4.20 billion dollars in cash.
Impossible to go bankrupt in our lifetime.
Shorts never closed.
Why? Everybody has their own reason. But as for me, I just like the stock.