Is buying GME calls right now a good idea even though the IV is so high? I thought you would normally avoid that
Daniel Martinez
how about you dollar cost average like an adult, instead of treading water following /biz advice?
Cooper Thompson
Imagine being a bear right now
Ethan Taylor
GME shorts lost a combined 41 million today with just a move of under 5% on the day. With 902 million worth of shares short total, a borrow of fee about 35%, shorts pay almost $900,000 per DAY just to maintain their short position and that is just assuming the price stays completely flat. Last week they were paying about $700,000 a day in comparison. THERE ARE MORE SHARES SOLD SHORT THEN THE ENTIRE CURRENT MARKET CAP OF THE WHOLE COMPANY.
Idk bro I don’t understand calls for shit and I just bought the ones Micheal Burry did.
Ian Barnes
Just do the opposite of /smg/
Jacob Wood
Vote Trump
Daniel Robinson
...
Adrian Price
Ohhhh my gooooood I’m so fucken pumped
Tyler Mitchell
Only a strong runner won’t drop after a half hour but why does it matter end of day or end of week it’s worth more than the spike on market open.
Adrian Long
If you're buying long dated calls, buy them on a red day. If you're gonna gamble on weeklies, buy whenever. Sell any short dated ones before earnings cause you will be IV crushed to death. I know this from experience lmao.
Jacob Gutierrez
HAHA
SUFFER THE CONSEQUENCES!!!!!!!
Jack Anderson
checked it aint e'en that high
Jaxson Ross
FUCKING GAMESTOP
Thomas Butler
When does it pop
Jeremiah Price
not to be a party pooper but how do you explain the short interest dumping with the stock price staying flat
if there's a big enough panic, people will sell their shares and shorts can cover massively with price staying flat
>conveniently not looking at his option returns So do you
Nicholas Collins
Bro theyre bouncing back.
Xavier Barnes
Could be tomorrow or it could be years from now. No one can tell you what the answer is. It could happen on no news or it could happen on news. What I take away from this is that shorts lose almost a million per day as long as GME doesn't go bankrupt.
Probably cause it was during the corona crash. But that's just a guess.
Angel Thomas
you have all the terms spelled out for you to search up and read on investopedia or something
Jaxson Ward
there's no volume on his options and the spreads are massive
Noah Stewart
I've always heard that swing-trading, day-trading and the like are akin to playing Russian-roulette with a flamethrower, but average people still seem to make money here and there. I'm learning about this shit, and since I'm guessing that those among you who are making some degree of profit don't have PhDs in mathematics, I think that it may be worth throwing some money I can afford to lose at shorter-term trading.
Is the barrier to entry in markets just too high for this to be worth it for the average person, though?
Wyatt Ortiz
all time chart: Go!
Nathan Green
ngmi
Juan Diaz
Whatsup with AIHS? They gonna keep moving up or do you guys expect a big dump tomorrow?
Brayden Sanchez
It took weeks spamming him just to post his total return. He won’t post that
Aaron Harris
was this a comment in something?
Leo Rogers
The barrier to entry is really just having money that you can afford to lose. Think about the money you have to daytrade with. Then take half of it and just flush it down the toilet.
If you can't bring yourself to do that, then you understand why most people just don't do it.
Jackson Diaz
daytrading is a meme professional funds don't day trade and neither should you they set targets AT MINIMUM a month out, usually 3-6 months out That earnings play you went on at a whim? they were already there. your liquidity is cashing them out right now. then he is a giga faggot and these dubs confirm it too
Nolan Wright
90+% of "professionally" managed funds cannot beat index funds over 5+ years. That should tell you everything
swing trading is infinitely easier than day trading, the longer your timeframe is the easier it gets
Carter Garcia
the average person buys retarded shit like oil, airliners, REITs, and other value traps then complai that the market is hard to beat so they go back to the mutual funds with +5% returns annually
investing will be hard again after a couple years, but 2020 is heaven right now for people with half a brain even the Gamestop shit was so obvious people without experience can read up on the DD spoonfed to them and understand the play within a couple hours if they just get rid of their negative bias against gamestop
That's stupid bullshit because there's way MORE tools available to retail degenerate gamblers, a "professionally managed fund" can't just yolo into Gamestop on a whim.
Levi Allen
>black twitter
Matthew Brown
NONE OF YOU ARE GONNA MAKE IT DAY TRADING WITH OUT PROFESSIONAL EDUCATION AND A GIANT ASS FUND TO BACK YOU UP! OH, CAN YOU DROP 200,000k$ ON THAT SHORT? NO?
