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Sold 3/26 $300 naked calls when it spiked this morning. I hope this stock stays around $200 level for a year so I can keep selling these calls. At $3000 in premiums a week, I should be making around 150k just selling these calls to WSB apes if it stays volatile around $200. Its like taking candy...

I'm actually hoping it hits $400 next week as that would be a great opportunity to short. I feel bad that I didn't short it above $300.

GME is a ponzi scheme. They need suckers to buy the stock so the early buyers can exit with deep profits. Such articles will keep popping up from time to time. I'm surprised there is only one such article considering WSB has 10m members. They can hire billboards but cannot create articles on SA...

Yes, I meant 3 $300 calls. Wish I was rich like Bill Gross to sell 300 $300 calls.

I think he wants the WSB crowd to target him and make his calls get assigned. That way he will be able to short at $250 and $300. Selling naked calls takes emotions out of the trade as long as you don't touch your calls after you sell. Imagine the profits he would make when GME goes back to $20...

Thanks for sharing that article. I wonder why other billionaires are not joining this trade. Buffet can easily sell $500 naked calls and make millions when stock was around $290.

Can you save a spot for me too? Sold 300 naked calls just now.

The implications of the handouts is huge. Who do you think is going to foot the bill for the hand out? They will have to raise the tax rates on high earners to make up for the deficit. Even a 3% increase in Fed tax can cost me dearly. As a family of four, I'm talking about $5,600 tax free money...

I'm jealous of people getting their stimulus check. I'm ineligible due to the income limit crap. Haven't received even one stimulus check. Almost feel like being cheated by govt. I pay higher taxes but I get left out when govt. hands out money.

It looks like people used their stimulus checks on AMC and sold off GME to buy more AMC.

Following the pattern similar to last Wed. Will probably end in green for the day like last time.

281 is the top for GME today. Lets see if I can jinx it by calling the top.

None. Don't want to book a loss as I believe it should trade under $200 in a week or two. I shorted them around 280 and covered around 276. Not sure if that was obvious from screenshot. I will not risk going long on GME at this price.

Made a few trades on GME. Had some free time this morning. Inspired from Salty's 4 share trades, taking advantage of the GME range.

Can someone tell me why my suggestion is a bad idea? I'm just trying to learn to trade better from professional traders like you. I figured GME is going to range bound between 250 and 300 till the earnings come out. So I suggested salty to short at the upper bound and close at the lower bound. I...

Its only 4 shares. You can risk it and stay short. If it is down premarket Monday 5% or more, I would close those 4 shares as GME seems to shoot up after open. Rinse and repeat as long it works.

Don't say that. You are jinxing it. Every time you say it, it goes back up with vengeance. Its like WSB mods are tracking your comments and are out to get you.

Before you short at $321, think about what you are going to do if it hits previous high of $480 something. It shouldn't but if it does and you cannot sleep, it is not worth the risk. Fundamentals don't matter anymore for those who are buying GME. Even the drop from $340 didn't scare them off. At...

Say if I'm a hedge fund and I want to short, I would slowly short it at 344 or above, spreading the orders through out the day to prevent such a drop. But this looks like they intentionally lowered the asking price considerably to make that stock tank and trigger some stop losses. Am I guessing...

Hopefully this should put an end to meme stock craze. Diamond hands will become coal hands today.