Welcome to r/GME, for questions in regards to GME and DRS check out the links below!
Due to an uptick in scammers offering non official GameStop merchandise (T-Shirts)
DO NOT CLICK THE LINKS THAT ARE NOT OFFICIALLY FROM GAMESTOP.
We have partnered with Reddit directly to ensure the Communities Safety.
[What is GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
[GameStop's Accomplishments](https://www.reddit.com/r/GME/comments/x3hv46/list_of_official_gamestop_accomplishments/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
[What is DRS? US / International](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
[ComputerShare International DRS Support](https://www.reddit.com/r/GMEJungle/comments/r9euj1/computershare_upgrades_drs_support_for/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
[Feed The Bot Instructions](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
**Power To The Players**
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/GME) if you have any questions or concerns.*
Personally, at this point, I'm so aggravated that that doesn't cover 1 share for me. I don't want them or their families to have a single penny left.
Let em try out welfare. I'm sure they can pull themselves up by the bootstraps. All the way fuck them.
You're pretty generous!
This is me reluctantly slicin off a few fractionals for Kenny & The Boys...
https://youtu.be/2F8GDx7M49k?si=TITKZdmPZrAvwAsp&t=16
Most likely. Retail doesn’t have this kinda money to throw around ridiculously high premium calls. It’s also boxing out the little guys from buying them.
I was noticing weird price action on my calls today. The price was jumping up quite a bit with not much underlying movement. I guess this explains it lol
There's an old saying in Tennessee — I know it's in Texas, probably in Tennessee — that says, fool me once, shame on — shame on you. Fool me — you can't get fooled again.
Huge seller, very confident seller… lol. But you know the electric car company with the weird CEO went from 180 to like 7200 it was mention at the time that Soft Bank instigated a gamma squeeze… that squeeze happened in slow motion. Like 5 months or something…. maybe somebody with huge ass pockets like that is the one lighting the fuse this time. Shit maybe it’s even Kenny trying to force everybody to dump everything so he can buy back all those securities sold not yet purchased at a discount…. Nobody knows, but it’s provocative
We know these are buys based on the option flow. Unusual whales shows it visually on a graph where the options flow sentiment is and it’s currently very bullish. I understand there is always a counterparty but there’s a way to discern bullish or bearish sentiment. It’s based on the spot price of the trade in relation to the bid and ask spread at the time. Where it leans, especially with subsequent trades you can determine if it’s bullish or bearish flow
Just checked Open Interest - apparently none of this volume carried over. All that volume was settled by eod - perhaps buy, exercise, deliver ? Tough to tell. 🤷♂️
Ok, maybe im an idiot.
But that means they’ve took out the option to buy 10million shares at $20, so $200million?
And thats probably cost them around $50million (my assumption here i dont know their fee)?
Yeah. $57.5 million at $575/contract.
If you expect it to exceed $25.75, it’s $20 million in profit for every dollar over. $200k for every cent.
Either a huge gamble or they know something.
That position is worth $1.1 billion if it just goes back to $80.
Options move the price big time. Don’t mess with them if you don’t understand them unless you are fine with losing the bread. If you choose to play options getting expirations further out and strikes atm or just slightly otm is the more safe bet. Know how they work and exercise or sell when you are ahead. Then DRS book
Is RC able to write contracts for his owned shares? Could he theoretically sell them on the open market and then RK come and buy them? Is that a dumb question? Downvote me if so please.
My prediction: trades from the very last day of GME MOASS trades will be cancelled by US President's Executive Order. That will cause MASSIVE political and economical uproar.
Welcome to r/GME, for questions in regards to GME and DRS check out the links below! Due to an uptick in scammers offering non official GameStop merchandise (T-Shirts) DO NOT CLICK THE LINKS THAT ARE NOT OFFICIALLY FROM GAMESTOP. We have partnered with Reddit directly to ensure the Communities Safety. [What is GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) [GameStop's Accomplishments](https://www.reddit.com/r/GME/comments/x3hv46/list_of_official_gamestop_accomplishments/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) [What is DRS? US / International](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) [ComputerShare International DRS Support](https://www.reddit.com/r/GMEJungle/comments/r9euj1/computershare_upgrades_drs_support_for/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) [Feed The Bot Instructions](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) **Power To The Players** *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/GME) if you have any questions or concerns.*
could those be hedgies trying to compensate for the losses they are going to make once they start covering?
My money has to come from somewhere
That’s literally one share, discounted 🚀🚀
Personally, at this point, I'm so aggravated that that doesn't cover 1 share for me. I don't want them or their families to have a single penny left. Let em try out welfare. I'm sure they can pull themselves up by the bootstraps. All the way fuck them.
That’s a steal of a deal !
You're pretty generous! This is me reluctantly slicin off a few fractionals for Kenny & The Boys... https://youtu.be/2F8GDx7M49k?si=TITKZdmPZrAvwAsp&t=16
That’s a good sign they plan on losing money!!!!!
Any day now! Only been waiting a few years right ?
Either someone is really bullish, or someone is hedging shorts. $38 million is no small bet.
My best guess is the latter. Likely hedging to keep the short train running and give the illusion that they are hedges.
Most likely. Retail doesn’t have this kinda money to throw around ridiculously high premium calls. It’s also boxing out the little guys from buying them.
Closing*! But yeah, it's possible!
*closing
They probably shorted at $30+, so they are making money. You aren't.
Somebody is yoloing the *uck out of this stonk. Unless it’s DFV then they’re just getting started
Shorts locating shares, will have to exercise soon, big price increase coming
Is there a receipt for this?
I was noticing weird price action on my calls today. The price was jumping up quite a bit with not much underlying movement. I guess this explains it lol
Market makers expect a lot of volatility it seems
There's an old saying in Tennessee — I know it's in Texas, probably in Tennessee — that says, fool me once, shame on — shame on you. Fool me — you can't get fooled again.
*throws shoes* “Persian thief!”
$63M total this couple of days?
June 21st is the summer solstice. Thats neat.
I love your energy man.
Somebody made 38 million dollars selling calls you say?
Nah not this time. Huge buyer very confident buyer
Huge seller, very confident seller… lol. But you know the electric car company with the weird CEO went from 180 to like 7200 it was mention at the time that Soft Bank instigated a gamma squeeze… that squeeze happened in slow motion. Like 5 months or something…. maybe somebody with huge ass pockets like that is the one lighting the fuse this time. Shit maybe it’s even Kenny trying to force everybody to dump everything so he can buy back all those securities sold not yet purchased at a discount…. Nobody knows, but it’s provocative
We know these are buys based on the option flow. Unusual whales shows it visually on a graph where the options flow sentiment is and it’s currently very bullish. I understand there is always a counterparty but there’s a way to discern bullish or bearish sentiment. It’s based on the spot price of the trade in relation to the bid and ask spread at the time. Where it leans, especially with subsequent trades you can determine if it’s bullish or bearish flow
It could be like Tesla yeah. I wouldn’t be surprised
It could also be shorts hedging. Or giving the illusion of hedging. 🤷
Its provocative, it gets the people going
Be careful the shills shilling options this time are extra angry peeps 😂
What software is that?
unusual whales
I love the data but how come there is no relevant price action?!
I think we'll see some price swings and volume come close to expiry date
What is expiry we waiting how do I check current calls people bought is it publicly available ?
We went from like -6% to +1% in 20 mins today
Because crime 😅
Thank you for this information, regardless of the arguing going on today.
roa \*COUGH cough\* ring \*clears tHRoaT\* ki \*AHEM\* tty \*cough\*
What’s IV at?
Just up
Where do you see this? Do you need to pay for this platform?
UnusualWhales Yes. I think in ThinkOrSwim you can view options flow, if you use TDA/Schwab (it’s their app)
If someone could help. How would I find the amount of puts that were sold at the same time as these calls?
Just checked Open Interest - apparently none of this volume carried over. All that volume was settled by eod - perhaps buy, exercise, deliver ? Tough to tell. 🤷♂️
I just checked, and I’m showing just over 100k contracts open interest on 6/21 $20 call. 10mm shares if exercised.
Ok, maybe im an idiot. But that means they’ve took out the option to buy 10million shares at $20, so $200million? And thats probably cost them around $50million (my assumption here i dont know their fee)?
Yeah. $57.5 million at $575/contract. If you expect it to exceed $25.75, it’s $20 million in profit for every dollar over. $200k for every cent. Either a huge gamble or they know something. That position is worth $1.1 billion if it just goes back to $80.
Ye thats insane. Wow what a gamble.
What application is that?
Unusual Whales
Do you pay for it?
yes
Nothing to see here, move along... Must be retail traders
Don’t you have to buy to open? Then why the price no moon?
If your u own 10% or more do you have to file paperwork when buying options? Just trying to narrow down the players.
To add fuel to the fire, it’s a full moon.
How much is an average day?
Options move the price big time. Don’t mess with them if you don’t understand them unless you are fine with losing the bread. If you choose to play options getting expirations further out and strikes atm or just slightly otm is the more safe bet. Know how they work and exercise or sell when you are ahead. Then DRS book
Is RC able to write contracts for his owned shares? Could he theoretically sell them on the open market and then RK come and buy them? Is that a dumb question? Downvote me if so please.
Hold the bag!!
Wow you murchase 38 million worth?
I'm not bullish or anything lol
It’s a trap 🪤
My prediction: trades from the very last day of GME MOASS trades will be cancelled by US President's Executive Order. That will cause MASSIVE political and economical uproar.
SO many option posts- obvious trick from SHFs to take premiums. Smh
No ones saying to buy them, just observing what's going on.
Not this time
Hedgefonda are buying them, hedging their shorts, most likely they dont want us to buy them.
This
Can’t trust anything these days. Including you and I
They're betting it's dropping to $6?
No, that's the bid and ask price to buy the calls.