GME up over 100%.... what is going on now?

[TrailerParkTed]

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It hit $172, GME is so far out of my league!

 

[Nine_Ender]

Someone took my bait.
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That someone already more then doubled their money if they sell on the bid. Not a bad return for 90 minutes ( $6.40-$3 ) / $3 is 113% return.

 

[destriero]

Someone took my bait.
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Wow, dude. You're fucking legendary. Keep this up and you may earn minimum wage. Citadel may have to write this off!

lol shit is at 5.00

 

[GoogTgt]

Always buy 45-degree rallies...



Wow, dude. You're fucking legendary. Keep this up and you may earn minimum wage.

I can see that you are jealous that I'm making more in one trade than you make in a year.

 

[destriero]

I can see that you are jealous that I'm making more in one trade than you make in a year.

I guarantee that I've made more in 2021 than you've made lifetime. Oh, and your call is $5 bid. Nice work. They took the bait!

 

[GoogTgt]

That someone already more then doubled their money if they sell on the bid. Not a bad return for 90 minutes ( $6.40-$3 ) / $3 is 113% return.

They did. But it will probably expire worthless and I get to keep the $300 premium. If not, I'll be short at $303, which is not a bad price to short GME.

 

[GoogTgt]

I guarantee that I've made more in 2021 than you've made lifetime. Oh, and your call is $5 bid. Nice work.

I know your type. You are full of shit.

 

[destriero]

They did. But it will probably expire worthless and I get to keep the $300 premium. If not, I'll be short at $303, which is not a bad price to short GME.

lol dude, as if you can afford to be assigned on a one lot.

 

[destriero]

Can someone tell me why my suggestion is a bad idea? I'm just trying to learn to trade better from professional traders like you. I figured GME is going to range bound between 250 and 300 till the earnings come out. So I suggested salty to short at the upper bound and close at the lower bound. I have done that quite a bit with stocks that have solid fundamentals like aapl, msft and made around 200k profit on such trades last year, buying them in thousands (2000 to 3000 shares) at the lower bound. I cannot do the same with GME as that thing can crash or soar anytime and I don't want to be left holding the bag but when you are talking about 4 shares, and range of $25, you can keep making $100 profit everyday. That is peanuts but is free money for minimal risk of 4 shares. What is the flaw in this logic?

Dude is posting one lots in GME but made six figures last year (sic). When did reddit find this place?

 

[GoogTgt]

Dude is posting one lots in GME but made six figures last year (sic). When did reddit find this place?

I clearly explained in that post why I don't trade big with GME. Learn to read goat fucker!

Here is my annual statement from IB. If you can't read, it says the net profit is 708k.