Melvin Capital sells out of GameStop

Nice, but for how much?
How much are the march 100 puts quoted now? like 1000%IV?

 

mine was 489% iv, 12.90$, just one... it's a bet and I wouldn't hold to the end

 

$13 for march 100puts ? or apr 40? if apr 40 for $13, I would be selling it

 

the 100puts, around same iv, cost from about 30$ for feb, to 50$ for april

 

April 40 is what I bought... at about 13. I would never sell anything on GME ahahah

 

$13 for a 40 strike put?!? It gotta fall below 27 to be ITM,,I am gonna sell some when I get back.

 

what did you pay for that bad boy with the IV off the charts? I'm thinking of picking up a put spread.

 

Damn, too way expensive to long puts..rather short a little straight stock, keeping a small size

 

The bid-ask gotta be massive at these levels

 

I paid 12.90, april.
I don't feel comfortable to have any leg short with this thing at the moment, even on spreads.... a little put it's fine for now, it could pay