GameStop ($GME) poised to SQUEEZE on Tue, 27MAY2025 after closing >$33 on Friday and shit-ton of call options exercised (for delivery by COB Tue).
(media.greatawakening.win)
🥫Sauce In Comments🥫
This is called a “gamma squeeze” when brokers must scramble to locate shares to cover exercised call options. Likely the first of many as liquidity and borrowable shares continue a steady decline.
They are buying Bitcoin (~$1.3B worth). Posted 19 days ago: https://greatawakening.win/p/19BGAerVZZ/gamestop-gme-to-enter-bitcoin-co/c/
Massive call buying and exercising since April 2 setting off continuous positive feedback loop in gamma squeeze for at least 7 straight weeks (exercised calls in-the-money on Friday must have REAL shares delivered by the following Tuesday COB). A problem when there are no "borrowable" shares available. An even bigger problem next week since Monday is Holiday and market is closed. Brokers have from 9:30am-4:00pm EST only next Tuesday to find and deliver the shit-ton of shares from exercised call options from Friday after it closed above $33, wiping out ALL put options (zero value) that were being used to naked short.
Individuals can amplify the short squeeze by buying $GME shares through Computershare (self-custody and unlended to short hedge funds): https://www.computershare.com/us
Corporations (LLCs) may amplify by buying shares in a non-margin corporate account at Fidelity: https://www.fidelity.com (switch to US VPN)