they seem higher today than when IV was approaching 1000% last round. And I'm not selling any options on this fucking thing you go ahead buddy.
GME round 2, and Reddit is down...
- Thread starter kmiklas
- Start date
GME= Stonks
What you want to do or not do is not related to whether an option is mispriced or not. I thought that was obvious.
Have you ever considered plugging your toaster in and giving it swimming lessons in the bathtub?
Have you ever learned the capacity to accept valid criticism and the ability to admit when you talked bullshit? Its not so hard. Try it.
You do realize that you are a condescending arrogant ass right? And as such should expect to receive negativity in return.
I enjoy your posts most of the time but please don’t act like you deserve any better than what you receive.
Bullshit deserves imho condescension. Call me out on bullshit and you will most always see me apologize and man up. I was brought up that having the backbone to admit when wrong is a virtue. I equally enjoy reading your content but here you were dead wrong and called out.
My statement that “premiums are outrageous” wasn’t wrong. Premiums are extremely high on GME...stupid high and they seem higher to me than last round. Not sure why that triggered you so much.
Nothing triggered, your statement simply just does not make any sense. You can perceive a stock price to be high but options premia are dictated by their moneyness and implied vols among lesser influential variables. There is a mathematical relationship at play. Perhaps what you wanted to say is that you perceive implied vols to be sky high relative to realized vols.