Recent content by lc3

What is that spike to $372 after market?

ignore my last post I got it wrong...

If you price the option at 0.45 then you will get free money: sell stock and sell option. If stock price go up you earn free $40 and gains on stock. If stock goes down you can close stock position with 0 cost. It is because optionality has value so it is priced at $0.40. People sell option at a...

I still think after close it will drop after ETF rebalances. But market is always right wherever it is. I guess we will see next Monday.

Be careful here. This reminds me of the end of last month. If it holds and slowly drift higher we could end up in 300-400 next week.

I would expect this on wsb every day but SA? Really?

Never expect to see this on SA but: https://seekingalpha.com/article/4414620-gamestop-why-stonk-is-still-deeply-undervalued

I will let the ones with stimulus check do it...

Just went to $188 premarket...

I don't know about when but I feel this Friday and next earnings day would be the day to watch. Adding shorts gradually now would be good timing IMO.

PC players buy from steam now, I bet most of the gaming pc does not even have a cd drive. I doubt they can maintain their market cap with esports and merchandises offline in real world. I mean the reason people play games is they hate to step outside into the real world...

Looks like the trend on GME is changing. I would consider add more shorts here.

What are you stop levels?

I know but with that volume it is still traded mostly by instituitional investors. They will for sure add that premium. They are not as dumb as the redditers described..

First of all impressive gains, so I might not be the right one to comment on this lol. I think the biggest flaw is the range on this thing. It has no range. It could go wherever it wants as fundamentals does not matter. TA works but you saw what happened on Wed. It creates a new range every day...