Options premiums are going to the moon calls and puts alike. It would definitely be interesting to see how it plays out. I'd love to play the short side via options, but I feel like like the obvious isn't obvious
The guy who made $11 million on $GME
- Thread starter guru
- Start date
Options premiums are going to the moon calls and puts alike. It would definitely be interesting to see how it plays out. I'd love to play the short side via options, but I feel like like the obvious isn't obvious
You can just see how this market is now in complete bubble land. GME a worthless stock just months ago now one of the markets leader in gains for 2021. Based on what?? Up 50% again today??
This stock is going to collapse once the music stops straight to the teens...no way does this stock warrant such gains.....
This stock is going to collapse once the music stops straight to the teens...no way does this stock warrant such gains.....
And when it drops 50% in a week it will be just as amazing. In fact these gains and trajectory of this stock is absolutely not sustainable
One sentence echos in the back of my head, "The Market can stay irrational much longer than you can stay solvent".
No one knows for sure when the bubble will burst, we all know it will, but timing is very difficult and the bull trains are moving at astronomical speed that will literally slaughter lots of bears before it eventually crashes.
No one knows for sure when the bubble will burst, we all know it will, but timing is very difficult and the bull trains are moving at astronomical speed that will literally slaughter lots of bears before it eventually crashes.
Yeah, those GME shorts probably now really pull the plug...
It's heavily shorted, twice the float...
Those shorts on valuation are getting crushed by the wsbets gang...
I was dead wrong as I expected GME to fall when retail punters take profit, but fortunately I didn't go short for being stuck in some other positions