Verticals vs CC's

Never nekked.

Ever.



BA was a new spread,
MSTR was a close of a Diagonal,
RIOT was a CC.

 

Your cost basis is irrelevant to the topic. The difference between a CC and a bull vert is a long put. You don't know that so you are driving blind and DUI.

 

How do you do the cc on RIOT? Is it a stock + sell C or a credit call spread? Or you cover the call in some other way? Just curious.

 

And good thing you are not doing naked shorts, cuz otherwise Infinite Gamma will catch up on ya real quick. I do believe Gamma (option greeks for ya) can become infinite in theory although irl there are mechanisms that stop it from becoming so but many real life scenarios have already demonstrated how and when gamma can become very very very large.

 

Single long option or combo… the gamma tails are 0. You m****.

 

LOL And he's infinite. LOL Look how large he is. Seriously though, it's too bad I don't have the money to commission a study to prove my theory of infinite gamma in the case of naked shorts even though they show up in pricing models as being zero. But in reality they are not otherwise there would be no such phenomenon as "gamma squeeze". If gammas are all becoming 0 according to the pricing model, then where is the "squeeze"? If there is no "gamma squeeze", then WHY did they have to restrict purchases of meme stocks to just 1 unit for retail brokers if gamma is 0 and cannot have the possibility of becoming infinitely large? They should've let everybody get on the meme stock bandwagon to buy as much as we want of stocks. WHY did they stop us? Because they know gamma CAN become infinite and since there is no circuit breakers in place to stop buying when it's the institutions who are short, they had to restrict the retails from buying to stop the gamma from becoming infinite because the institutions don't want to pay up.

Just like what I stated in my original theory, it's always the retails that get the shaft. When we are the ones losing with our naked shorts on the wrong side, they push the gamma to be infinite with the example of the Black Monday in the 1987 stock market crash (I am sure you were there, Arnie) to make us pay up. But then when we are on the long side and they are on the short side that's wrong like the meme stock rally, they restrict us to stop the gamma from becoming infinite so they won't pay up. LOL

Anyway...Jimmy looks good... LOL

 

Maybe his goal was to sell volatility. BTW, OP raiders are +14 at circa; best lines

 

I agree. The gamma is infinite. I was once long 1 call option in Microsoft and I had to sell 4 trillion dollars worth of stock.

 

I told you to cover. IIRC it was 4 trillion shares.