GME up over 100%.... what is going on now?
- Thread starter Saltynuts
- Start date
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.
what trader would give away his position like that KNOWING full well what kind of sentiment this shit is getting?
I'm thinking he's actually long and hoping the wsb would hype up the article and get people to join in the "crusade" and bring the stock up. that would be a more clever play than just outright say, yea i'm a billionaire who's short..
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. WSB crowd hates billionaires who go against GME.
If you have enough karma, you should post that link in WSB, which will get the stock rallying above $300 by Friday. I don't have enough karma to post if myself in WSB.
You sold 3 you mean. Of the $300 strike.
When I read 300 I thought this guy is either a whale or friggin nuts with more money than he knows what to do with.
Good trade though, you've almost made 100%
Yes, I meant 3 $300 calls. Wish I was rich like Bill Gross to sell 300 $300 calls.
Dude, you have been gang banged hard by those reddit dorks for the last three weeks. They still have you bent over, the next round of ass pounding will commence shortly.
don't worry, word on the street is Saltynuts has that "Diamond butthole"...he can take it.