GME is the best Portfolio Hedge of 2021

Discussion in 'Risk Management' started by zghorner, Mar 5, 2021.

  1. zghorner

    zghorner

    GME is 2021's Inverse and Volatility index.

    upload_2021-3-5_17-11-56.png
     
    ensemble likes this.
  2. ensemble

    ensemble

    AMC is slightly better. Remarkable.

    Code:
    VIX    -0.8786877285247543
    AMC    -0.5497939623371646
    GME    -0.5011219510374435
    CVM    -0.4976718395629993
    EXPR    -0.47029845294565986
    BBBY    -0.44766777354459175
    FOSL    -0.4350612213010462
    PETS    -0.4167494355764384
    CBMG    -0.40419121445238226
    BIG    -0.39889728179295625
    GNUS    -0.3976027122720113
    NOK    -0.3893494012892024
    LUMN    -0.38013202320735834
    DUST    -0.37592061384033776

    AMC.PNG GME.PNG
     
    KCalhoun and zghorner like this.
  3. This is some legitamately weird shiat. Still. It will end badly for the Reddit crew, swimingly good for Salty's Nuts....
     
  4. Overnight

    Overnight

    You and I are in similar boats I think.

    I am convinced the overall big tech market will keep going up, so I am HODL on my NQ long.

    You are convinced the singular GME will go down, based on...Whatever. Fundamentals or what have you, so you are HODL short. I agree in that GME is a company that does just not deserve the valuation it has right now. NOBODY is going to run to the mall's Gamestop to buy the latest console title. They will order it online if they want a hard-copy, or download it from Steam.
     
    Last edited: Mar 5, 2021
  5. zghorner

    zghorner

    you still short gme?
     

  6. Like a motherfukin BOSS. Adding to shorts if it closes in on 200, prolly around 170 or so will start adding again... slowly....
     
  7. zghorner

    zghorner

    Damn what’s your current average $ and how much interest they charging?
     

  8. Is HODL hold on for dear life? How are we in the same boat if you are betting NQ will go up, as speculative as it might be (not saying it is, whatever it is), but I'm short GME, which is like speculative as if Babe Ruth was supposed to hit a home run that lands on Mars? Seeing quite the opposite boat!!! Still, I think we both make money on this one... well, I know I will, but think you will...
     

  9. Average price is SHIAT cause IB wouldn't let me short when I wanted. Interest is low, like 4%
     
  10. zghorner

    zghorner

    Don’t be afraid to post the number buddy we all friends here. Friends that love to rip on one another for bagholding.
     
    #10     Mar 6, 2021
    Amatrue likes this.