Now THIS is peak WSB...Dude YOLOs $90k on GME weeklies...just learned about call options...

narafa said:
Sorry to see that, but you just donated around $90k to MMs. Try to get out while you can. Today is expiration day, I believe those options will open another 30-40% lower than yesterday closing. Overnight time counts also if the underlying doesn't move.
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this isnt my trade...im cracking up because someone actually did this.
 
narafa said:
Sorry to see that, but you just donated around $90k to MMs. Try to get out while you can. Today is expiration day, I believe those options will open another 30-40% lower than yesterday closing. Overnight time counts also if the underlying doesn't move.
More...


Such a dumb comment. As if MMers are sitting on the position. Dude is up.
 
Why would someone buy that many way OTM calls, with 2DTE? He's about to lose $30K from the premium he paid, if he let's them expire. @destriero What is STC, and how could it help that rediddididittor?
 
zghorner said:
He lost it all...aint that a bitch

<blockquote class="reddit-card" data-card-created="1615600573"><a href="
https://www.reddit.com/r/path%3D%252Fr%252Fwallstreetbets%252Fcomments%252Fm3r3v2%252F
">Found out how to buy call options yesterday</a> from <a href="http://www.reddit.com/r/wallstreetbets">r/wallstreetbets</a></blockquote>
<script async src="//embed.redditmedia.com/widgets/platform.js" charset="UTF-8"></script>
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Yesterday there was an opportunity to close some of his positions to minimize
loss. He didn't do it.

Anyway, if he did the reverse of what wsb said, it would be a different story.
 
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