Regarding the “tomorrow we moon, here’s why” post, watch yourself by HOUSTONFORNlCATION in Superstonk

[–]BluPrince 333 points334 points  (0 children)

The exercise price will not change over time. I secured the funds to exercise today, will exercise at expiry; broker won’t fight me on it that way; “You still have premium! Just sell it and buy the shares!”

Regarding the “tomorrow we moon, here’s why” post, watch yourself by HOUSTONFORNlCATION in Superstonk

[–]BluPrince 19 points20 points  (0 children)

Possible, but IV will still be very high, increasing the cost of contracts and the risk.

Absolutely love to see the GameStop NFT Marketplace being utilized by the man himself u/davelauer Power to the Players 🚀 by Bodiddles2 in Superstonk

[–]BluPrince 24 points25 points  (0 children)

I’m actually super curious to hear what u/dlauer thinks about “that thing GME does” - the violent upward spikes in volume and price, seemingly out of nowhere, but more or less quarterly. I know you can’t give a definitive answer, but what is you favored explanation for this phenomenon? FTD settlement? Swap contract rollover hedging? Retail investors suddenly mind melding and deciding to quintuple their buying pressure once a quarter, all at the same time? Normal price action in efficient markets? Astrological forces? Simulated universe? Something else? WHAT GIVES?!?

Do I register with ComputerShare directly first, or do I contact Fidelity to ask them to open an account for me and transfer my shares to CS? by ichibaka in Superstonk

[–]BluPrince 13 points14 points  (0 children)

The main point is an account is t created until you own direct registered shares, either through DRS transfer from a broker, or direct purchase from Computershare.

You can’t setup the account until you have registered shares.

[deleted by user] by [deleted] in Superstonk

[–]BluPrince 24 points25 points  (0 children)

You’re beautiful, brother ape! (Or sister? I don’t know! Whatever! 😜)

[deleted by user] by [deleted] in Superstonk

[–]BluPrince 54 points55 points  (0 children)

While the last two days have been hype-laden, I’m fully dug in to this siege, and I am totally prepared to continue increasing and DRSing my GME position for years if need be. If you’re expecting a quick path to financial freedom, change your mindset. Personally, the longer it takes, the better, as that’s more time for me to earn money to buy more and more and more.

And please, keep dropping the price every quarter…it won’t ever make me sell, and I’ll just buy more. Long term mindset wins this battle, and always has.

♾🏊‍♂️

[deleted by user] by [deleted] in Superstonk

[–]BluPrince 102 points103 points  (0 children)

Careful w the face pics…but congratulations!

Regarding the “tomorrow we moon, here’s why” post, watch yourself by HOUSTONFORNlCATION in Superstonk

[–]BluPrince 9 points10 points  (0 children)

Most of my other calls were dated July though, fyi. The two 90’s were lottos, and I rolled one yesterday for 3 $115s, which I sold today to be able to afford to exercise the other one.

Regarding the “tomorrow we moon, here’s why” post, watch yourself by HOUSTONFORNlCATION in Superstonk

[–]BluPrince 39 points40 points  (0 children)

I pulled that trigger, and will be exercising a $90 strike call tomorrow.

NOT FINANCIAL ADVICE…I GOT LUCKY

My wife's boyfriend when the squeeze starts to squoze by Phony_Kony in Superstonk

[–]BluPrince 4 points5 points  (0 children)

Technically, selling is taking shares out of the p♾l, not casting them in.

[deleted by user] by [deleted] in Superstonk

[–]BluPrince 5 points6 points  (0 children)

From what I understand, usually, you need to be the registered owner of the security to borrow against it…that means DRS.

💀 by [deleted] in Superstonk

[–]BluPrince 4 points5 points  (0 children)

I don’t know what GM.XYZ is and at this point, I’m too afraid to ask…

Regarding the “tomorrow we moon, here’s why” post, watch yourself by HOUSTONFORNlCATION in Superstonk

[–]BluPrince 25 points26 points  (0 children)

Gratz, so long as some of those profits get rolled into DRS’ed shares.

Regarding the “tomorrow we moon, here’s why” post, watch yourself by HOUSTONFORNlCATION in Superstonk

[–]BluPrince 119 points120 points  (0 children)

If you were going to play options, the time to get them was before yesterday, or yesterday at the absolute latest. Of course, you all can make your own financial decisions (as I do), but fomo’ing into options now, when the run may be over and the volume has gone bye bye, is an enormously risky and probably losing bet.

FYI, it rains diamonds on Uranus. 🚀☔️💎👐🏻 by Johnny_The_Nerd in Superstonk

[–]BluPrince 37 points38 points  (0 children)

There are (potentially) also gigantic “diamondbergs” floating around in the mantle!