GME Shenanigans Massive June call position

[wxytrader]

Does O.I. adjust in real time because OI is still 166,000.

LOL I just saw this...everyone already asking about it.

"Open interest data is published at the end of each day. Additionally, every Friday afternoon, the CFTC publishes a report called the Commitment of Traders. This report details open interest from different classes of market participants and whether they are holding a long or short position."

$GME#GME HUGE UPDATE: DFV MAY HAVE EXITED HIS 20c's AND THERE IS STILL A HUGE POSITION AT 40c CALL YOUR MOM NOW!!!

 

[maxinger]

Look at the day chart.
The chances of GME going up significantly over the next few days are quite slim.

Roaring kitty has to influence the public to move GME massively.

As of now, the chances of GME going up significantly is quite slim.

Roaringkitty has to come up with creative ways to move the market up massively just before
21 Jul options expiry date.

Roaringkitty is a smart investor.
If he were a day trader, he would have been a billionaire by now.

 

[wxytrader]

As of now, the chances of GME going up significantly is quite slim.

Roaringkitty has to come up with creative ways to move the market up massively just before
21 Jul options expiry date.

Roaringkitty is a smart investor.
If he were a day trader, he would have been a billionaire by now.

Oh so you guys are doing technical analysis now?

 

[wxytrader]

Oh so you guys are doing technical analysis now?

I could see this going to $38 if it respects the triangle. Money to be made in this high volatility...why not keep the party going? lol

 

[wxytrader]

View attachment 342105

So there was 93k volume today for the 20 strike Kitty calls but OI (166k) barely changed?
Options guys explain this plz...

From 166k OI to 112k OI. Somebody unloaded 54k contracts. Is volume calculated by closing a contract is 1 or is closing a contract 2 because you are selling and someone is buying? The volume was 93k...if you have more volume than OI changed what's that mean??? Somebody decipher this!

166k contracts opened
54k contracts closed
Volume = 93k
OI = 112k

Ok so we know 54k of the volume was closing contracts, so that leaves 39k of the volume unaccounted for...?

 

[mervyn]

View attachment 342128

From 166k OI to 112k OI. Somebody unloaded 54k contracts.

did you get out?

theta is kicking in fast 2 weeks prior the expiration.

 

[wxytrader]

did you get out?

theta is kicking in fast 2 weeks prior the expiration.

Never! Diamond hands baby lol. No seriously, I'm holding shares so not concerned about theta. No stops! At this point even if they went bk I'd still be at a break even.

 

[wxytrader]

View attachment 342128

From 166k OI to 112k OI. Somebody unloaded 54k contracts. Is volume calculated by closing a contract is 1 or is closing a contract 2 because you are selling and someone is buying? The volume was 93k...if you have more volume than OI changed what's that mean??? Somebody decipher this!

166k contracts opened
54k contracts closed
Volume = 93k
OI = 112k

Ok so we know 54k of the volume was closing contracts, so that leaves 39k of the volume unaccounted for...?

 

[mervyn]

Never! Diamond hands baby lol. No seriously, I'm holding shares so not concerned about theta. No stops! At this point even if they went bk I'd still be at a break even.

meager shares don't count, not going to make you headline

 

[wxytrader]

Why doesn't IBKR just have 8251 for OI instead of 8.25K??? They are taking up 5 characters instead of 4 just to be more confusing.


Anyway it looks like 30 is the new 20...for Jun21. Looking at Unusual whales if my math is correct the OI for the Jun21 30 calls has increased by over 30k.