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

Discussion in 'Stocks' started by Saltynuts, Feb 24, 2021.

  1. vanzandt

    vanzandt

    #711     Mar 23, 2021
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  2. GoogTgt

    GoogTgt

    Sold some more naked calls. This time I went for the highest strike price. Will only make $500 on this trade. I remember the days when $800 GME calls sold for $4 just a few weeks ago.

    upload_2021-3-23_10-48-20.png
     
    #712     Mar 23, 2021
  3. Justrade

    Justrade

    those were the days;)
     
    #713     Mar 23, 2021
  4. Got lucky, bought some FNKO at $17 their hyping now. Did not even notice because I am not micro managing swing trades.
     
    #714     Mar 23, 2021
  5. Salty you missed a $40 plus short, think I am going to pick up some UPST in the teens. Even if they do a secondary I got a $53 cushion after selling yesterday.
     
    #715     Mar 23, 2021
    vanzandt likes this.
  6. GoogTgt

    GoogTgt

    The calls price went up as the stock kept dropping. Sold some more naked calls.

    upload_2021-3-23_13-58-20.png
     
    #716     Mar 23, 2021
  7. vanzandt

    vanzandt

    long and strong at $181
    :D
     
    #717     Mar 23, 2021
    TrailerParkTed likes this.
  8. vanzandt

    vanzandt

    Watch what happens when the earnings hit the wire.
    "GME misses on revenue" or "EPS" or something.

    The stock will spike down to like $167ish.... and thats when you hit it long.
    Within 20 seconds of the release.

    It'll be much higher by tomorrows close.
     
    #718     Mar 23, 2021
    TrailerParkTed likes this.
  9. KCalhoun

    KCalhoun

    I am literally kicking the markets ass with my uvxy sqqq tza srty etcetera today....

    not a trade recommendation but I would be shocked if GME doesn't gap down big time to 60 ish after earnings release
     
    #719     Mar 23, 2021
  10. Overnight

    Overnight

    OMG! Who the hell is buying those calls you are writing, thinking the stock will hit 690 by Friday?
     
    Last edited: Mar 23, 2021
    #720     Mar 23, 2021