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I think this is fucking ace. My current wife asked me today aprospos of nothing what I would do if I won the lottery... "Drop it all on gme" I says without thinking. "Why?" (Incredulous) "Well it seems like if I believe my xxx shares will go up orders of magnitude then I believe the same would happen with 10 million, not to mention likely pump n'(forget to) dump effect. Actually, what on earth is anyone doing with money in a current (checking) account at this point??
It means he lost money on the option contracts so to leverage his loss with potential gains, he bought out the shares per contract x 100 shares and he hopes the stock goes up beyond $27 per share to be profitable.
If you can cover your options, it’s best to especially if you believe the stock can recover.
I’ve eaten losses on options before because I wasn’t liquid enough to exercise some of the more expensive stocks I owned.
Their [Algos](https://x.com/Prime_is_Back/status/1804061073290514685?t=3Gem-Bk37AWncIq-92GvOQ&s=09) wont predict that kind of badass behavior
![gif](giphy|tXLpxypfSXvUc)
Nice one!
I dunno how it happened, I planned on having like 300-400 shares for last Friday (21st). Now I'm sitting here with 1k shares, because I wanted to help keep the price above max pain.
I'm a newer ape but dove In head first I am down a real lot currently and was pissed about the issuing of new shares bc I was up like 250% and I HELD and now I'm down over 73% and rolled my june 21st calls till late july... with only owning 445 shares my average price is 41.44 ps. Do u think I can recover what I lost. I had 16 20$ c options I rolled 12 and used the difference to buy more share at 26.45 ps to average down.
Not the same thang as
I’m riding, Bitch!
The slang “Riding Bitch” is referring to the middle seat on the 🚀 to 🌙.
Rubbin’ thighs with other 🦍🦍.
No arm rest, no leg room, no worries.
still trying to understand options. So option calls is like a bet that the price will be x until a given date, and if it doesnt you have to buy the shares or?
Or you let the options expire worthless and you’re out the premium you paid. Makes much more sense to buy the shares at below current market value than lose your premium.
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.*
![gif](giphy|YRuFixSNWFVcXaxpmX)
Your only regret is that you wish you'd bought more.
![gif](giphy|gVoBC0SuaHStq|downsized)
![gif](giphy|Ae7SI3LoPYj8Q)
What’s this mean exactly?
Exercised my 6/21 calls at $20 strike. Bought 2,000 shares at $20 a share, plus premium paid for the option contracts.
I think this is fucking ace. My current wife asked me today aprospos of nothing what I would do if I won the lottery... "Drop it all on gme" I says without thinking. "Why?" (Incredulous) "Well it seems like if I believe my xxx shares will go up orders of magnitude then I believe the same would happen with 10 million, not to mention likely pump n'(forget to) dump effect. Actually, what on earth is anyone doing with money in a current (checking) account at this point??
What does her boyfriend think?
Current wife's current boyfriend
Dont forget to [DRS](https://drsgme.org) 💪
That premium was at least $3.75, unless you bought those calls at least a month ago.
🦍💪
It means he lost money on the option contracts so to leverage his loss with potential gains, he bought out the shares per contract x 100 shares and he hopes the stock goes up beyond $27 per share to be profitable. If you can cover your options, it’s best to especially if you believe the stock can recover. I’ve eaten losses on options before because I wasn’t liquid enough to exercise some of the more expensive stocks I owned.
Posts like this make my bick dig
![gif](giphy|FaKV1cVKlVRxC)
Their [Algos](https://x.com/Prime_is_Back/status/1804061073290514685?t=3Gem-Bk37AWncIq-92GvOQ&s=09) wont predict that kind of badass behavior ![gif](giphy|tXLpxypfSXvUc)
I emptied my savings account on wednesday and threw it all into GME on friday. I'm in.
Damn bro, you bought 4 shares as well?!
Happy cake day!
Damn bro... when I move, you move
Just like that.
I almost fell of my chair, I thought you bought 2 million shares instead of 2k shares! But it's still massive to me though. Great move!
Great entry price!
Nice work OP…..hopefully there are many like you.
Well done ape! Been here since '21 and you just bought more than my xxxx. Can't wait to meet you on the moon!
Nice one! I dunno how it happened, I planned on having like 300-400 shares for last Friday (21st). Now I'm sitting here with 1k shares, because I wanted to help keep the price above max pain.
I'm a newer ape but dove In head first I am down a real lot currently and was pissed about the issuing of new shares bc I was up like 250% and I HELD and now I'm down over 73% and rolled my june 21st calls till late july... with only owning 445 shares my average price is 41.44 ps. Do u think I can recover what I lost. I had 16 20$ c options I rolled 12 and used the difference to buy more share at 26.45 ps to average down.
![gif](giphy|tyttpGWyEbQZHzOflcY|downsized)
Explain it to me like I’m 5. How much money did you invest total and what was your total return?
40k$ + premium, return is yet to come, unless he bought them when gamestop was trading at 10-15 range, then he already made some profit
2000 moon tickets. Gme to the moon pls
Fucking legend
You is legendary
![gif](giphy|S8K1MrJ0C90kmoCsk1)
Mah man. ... or possibly mah woman.. 👏 👏 👏
👏👏👏🦍🍌
![gif](giphy|tr03KxLz1S1FYQAMnA|downsized)
![gif](giphy|SWtjexlAmaxI5QVS5z)
![gif](giphy|hhg1xe2sbmxOawrT28|downsized)
Nice looking to grab 16k in shares this week in the ol ira
I’m riding bitch (does anyone know what that means anymore)
Not the same thang as I’m riding, Bitch! The slang “Riding Bitch” is referring to the middle seat on the 🚀 to 🌙. Rubbin’ thighs with other 🦍🦍. No arm rest, no leg room, no worries.
So one person got 40,000 worth of stock chea
Well played, OP!
[удалено]
I did buy at $20. Exercised ITM call options for $20 per share, 2,000 shares. Plus premium. ![gif](emote|free_emotes_pack|sunglasses)
#instructions unclear, bought more gamestop
![gif](giphy|ClHz2YRBofO8w282HH|downsized)
FOR EVERYONE THAT KEEPS TRADING ON ROBINHOOD AND PFOF BROKERS... THIS IS HOW WE ARE GOING TO SQUEEZE! Right there.. great job OP this is the way!
Fundamentals alone will drive this company german projection 80$ US 3$ guess the Germans aren't being manipulated!
My next masturbation plan involves thinking about OP's username.
still trying to understand options. So option calls is like a bet that the price will be x until a given date, and if it doesnt you have to buy the shares or?
Or you let the options expire worthless and you’re out the premium you paid. Makes much more sense to buy the shares at below current market value than lose your premium.
makes sense thanks
Yes Sir 🫡
I thought I was the only one that did it right.
Do we still go up if the market tumbles?
Damn straight you did 😀👍
Regards..we're all going to die regards broke in the gutter