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Yeah Desterio said tell me what Mara will be at the end of January and I'll make you rich. I nailed it. You can look it up. Haters be haters. I didn't see anybody here calling for Bitcoin to move early this year during the ftx scandal...but that's ok because that's why 99% of traders don't make...

Less than 2% chance according to the delta.

yeah but the current bid for the Jun21 20 strike is 8.65, so he isn't underwater. He bought @ $5.68

Yikes so much for the rags to riches story lol..

So he's still holding 40k contracts? They were trading at $28 leading up to the earnings... https://www.investors.com/news/gamestop-stock-q1-earnings/ "GameStop stock plummeted Friday after the video game retailer unexpectedly moved up its Q1 report and announced a new major share offering...

That's ridiculous. Futures suck. :) Is forex any better? What's the equivalent position? A 1 lot AUDCAD overnight swap fee for a long is $128 for 30 days.

So he lost money on his calls? If that's true then that's some major slippage! The Globe and mail On Tuesday, the options contracts briefly changed hands at an average price of US$5.50 a contract, putting the value of Mr. Gill’s position at about US$66-million, down about US$2-million from...

Do you read responses?

Same reason why people buy into a hot housing market...yet they will line up for cheap gas to save a few bucks lol. :)

At current price only 1.79% of holders are losing money...98% in profits. Price last entered the buy zone in late 2023. NUPL is showing price (black), long term holders (red), and everybody (orange)...capitulation zone below 0 line.

$250? Deal! It's worth it just for the scarcity. :)

Wait...how much are you paying for the contracts though lol. The only VALUE comes from it's scarcity otherwise it's no different than copper. :)

This has good reviews. The Gartley Trading Method: New Techniques To Profit from the Markets Most Powerful Formation: Beck, Ross, Pesavento, Larry: 9780470583548: Investments & Securities: Amazon Canada This is Gartleys book for $2500 :) Profits in the Stock Market/With Charts: H. M. Gartley...

This is the invalidation line for another leg up imo...it dipped its toes but still holding :) It also aligns nicely with the cypher.

Here it is just showing the fib levels Here it is with the lines Here it is with the cypher tool. Going by the coordinates it might not be valid because B passes .618, but I think as long as it doesn't pass .786 its ok, and C doesn't reach 1.27... but falls in the realm of close...

OMG what intrinsic value does gold have? The only reason gold is valuable is because of scarcity. It's the exact same thing with bitcoin, except that there is actually a hard cap with bitcoin, and it is a lot more versatile, and easier to store and transfer. You could purchase, transfer, trade...

I agree accept for Bitcoin. Bitcoin is going to replace gold as a store of value if it hasn't already.

THIS is why I don't use stops. If these funds want to make money then they have to pay me first. I can wait longer than them for price to turn around because I don't have a prospectus on returns. ;)