Buried in Reddit, the Seeds of Melvin Capital’s Crisis
- Thread starter dealmaker
- Start date
you went full retard didn't you? Never go full retard against retards
lmao for sure man. I have been slowly adding puts as the price goes up hoping to benefit from the eminent crash and have a real hard time holding calls overnight. cashed out over $30k so far on calls probably will do the exact same thing tomorrow. Love everything about what is happening right now.
It is going to end badly. You ever been to a Gamestop location? They are as useful now as an asshole on an elbow, to borrow a quote from Kill Bill.
It seems to me, with as little as I know about options, that the best thing to do now is to buy a long-dated put at the current price. What it is now...$200 per share? Can you buy a put cheaply at 200 strike, expiring in the summer?
K, edit...Make that 235 strike, lol! WTF is up with the thing?
IV is so high right now there is no such thing as a cheap option at any strike.
Mmm, yeah, I can't see options tables. Are put strikes at 200, expiring next year cheep? I dunno how far out you can go.
When are they gonna announce their electric vehicle?
Are they on the blockchain yet? Have they issued a coin?
Are they getting TARP funds? Have they declared to be a bank holding company?
Are they on the blockchain yet? Have they issued a coin?
Are they getting TARP funds? Have they declared to be a bank holding company?