GME round 2, and Reddit is down...

[TrailerParkTed]

I just hope he learns how to bank profits on these huge moves.

I think he took a few million off looking at his original post? He’s made his original followers good bank, lets hope he stays a multi millionaire!

 

[zghorner]

I think he took a few million off looking at his original post? He’s made his original followers good bank, lets hope he stays a multi millionaire!

he cashed out $13m a while back.

 

[TrailerParkTed]

he cashed out $13m a while back.

I love happy stories where Wall Street king pins making fun of Reddit posters lose. GME almost at $200 now!

 

[smallfil]

Nobody is stopping you from buying call or put options as the case maybe. The trick is getting in before the stock exploded to the upside. Then, you would have made out like a bandit. Now, options premiums are sky high because of the volatility. Missed out on GME but, I have shares on AMC and call options on it too. Could have gotten in today early in the morning on GME but, chose not to because I entered 4 other stocks today. I got my plate full today. Actually, I had shares on GME twice before but, got stopped out twice. Getting stopped out is part of the game. Better luck next time.

 

[ElCubano]

So let's say he bought them around what 70 or 80 bucks

Just made another 5 million.


WallStreetBets Trader Keith Gill Appears To Have Bought 50,000 More Shares Of GameStop




https://finance.yahoo.com/news/wallstreetbets-trader-keith-gill-appears-171517525.html

I think he bought at under $50

 

[DiceAreCast]

Even the most pessimistic guy on the entire forum gets horny when he smell money, eh?

I thought the average price was alot lower. How he cannot take profits now in this after-hours rocketship is beyond my comprehension

The opportunity is just insane. Sell everything at 150 and walk away forever. How much money does this dude need.

 

[HeSaidSheSaid]

so did your friend buy American Airlines stock? probably not

 

[wrbtrader]

So let's say he bought them around what 70 or 80 bucks

Just made another 5 million.

WallStreetBets Trader Keith Gill Appears To Have Bought 50,000 More Shares Of GameStop

https://finance.yahoo.com/news/wallstreetbets-trader-keith-gill-appears-171517525.html

Soon we may be hearing about Wall Street firms with multiple million dollar positions paying millions to Keith Gill to "stand down" or he becomes a target of a sniper or target by a Russian assassin with uranium for the purposes to put it in the inseam of his underwear.

wrbtrader

 

[zghorner]

Options premium is absolutely outrageous lol. MM ain't fucking around with this risk on round two.

 

[DiceAreCast]

That is a stupid statement. If you think premiums are too high then sell premium. We can talk about spreads but premium is priced most likely spot on regarding where delta trades and how the market prices implied volatility. Otherwise you can arbitrage the mispricing

Options premium is absolutely outrageous lol. MM ain't fucking around with this risk on round two.