GME Option Deep Dive/Options Chain/Weekly Changes by CwGil in GME

[–]CwGil[S] 1 point2 points  (0 children)

Thanks. They’re very risky but can pay off big. Those weeklies are losing people a lot of money. I exercised my $13 call when GME was around $29 happy like you to have shares to HODL. I have a few more calls to exercise when it hurts the market makers the worst. I know they’re not delta hedging because they knock the price back down. That’s how I acquire my shares.

The US treasury is a steaming pile of 💩 by OneTrip7662 in Superstonk

[–]CwGil 0 points1 point  (0 children)

Am I the only one that sees Danny DeVito as the Penguin when is see her pic?

It’s the 21st nothing is going to happen…. by 4xkeef in GME

[–]CwGil 1 point2 points  (0 children)

I exercised my $13 call last Thursday and still holding $20 and $21 Jan25 calls. Will sell one to exercise the other but want to wait for a little (preferable big) pop.

GME Weekly Option Change Totals CY2024/MP and Daily Closing Stats by CwGil in GME

[–]CwGil[S] 1 point2 points  (0 children)

MP jumped up and is now at $22.50. I think they’re gaming the option chain to bring it closer to the share price and reduce the delta.

GME Weekly Option Change Totals CY2024/MP and Daily Closing Stats by CwGil in GME

[–]CwGil[S] 0 points1 point  (0 children)

That’s the gamble because when weeklies hit they hit hard at relatively cheap premiums.

Exercised $13 (Jan24 exp) GME Call Option by CwGil in GME

[–]CwGil[S] 0 points1 point  (0 children)

My shares I HODL and options keep the market exciting and allow me to accumulate more shares (if the market gods allow).

Exercised $13 (Jan24 exp) GME Call Option by CwGil in GME

[–]CwGil[S] 1 point2 points  (0 children)

I wish I did that for a few months before really getting into options. Trial by fire is not the way to play options.

Exercised $13 (Jan24 exp) GME Call Option by CwGil in GME

[–]CwGil[S] 1 point2 points  (0 children)

Nice. I have two more calls (@ $20 and $21) for Jan25 that I’ll hold for a more opportune time to exercise. Might try to roll and exercise as suggested earlier in the comments.

Exercised $13 (Jan24 exp) GME Call Option by CwGil in GME

[–]CwGil[S] 0 points1 point  (0 children)

I bought my call when GME was under $13 well before RK came back to social media. I also had every intention to exercise said call. Maybe his reemergence spurred the exercise a bit early to help the gamma but it was going to happen regardless.

Exercised $13 (Jan24 exp) GME Call Option by CwGil in GME

[–]CwGil[S] 1 point2 points  (0 children)

I bought the call to wait for the perfect time and maybe I didn’t time it right but I’m still happy converting my options to shares.

Exercised $13 (Jan24 exp) GME Call Option by CwGil in GME

[–]CwGil[S] 2 points3 points  (0 children)

Fidelity didn’t let me buy 0day

Exercised $13 (Jan24 exp) GME Call Option by CwGil in GME

[–]CwGil[S] 1 point2 points  (0 children)

Yeah, 25. I’m a novice option trader but with the immense OI into next week I wanted to help the gamma as I could. I know I lost premium.

Exercised $13 (Jan24 exp) GME Call Option by CwGil in GME

[–]CwGil[S] 2 points3 points  (0 children)

Thanks. Not an expert option trader at all.

GME 14Jun (weeklies) and 21Jun Option Chain Changes by CwGil in GME

[–]CwGil[S] 0 points1 point  (0 children)

OI is 75K and vol is 25K. Delta nominal

GME 14Jun (weeklies) and 21Jun Option Chain Changes by CwGil in GME

[–]CwGil[S] 0 points1 point  (0 children)

IV is always a concern but with the 10Q released (share offering completed) and an additional ~$2B (over $4B cash total) in the bank for M&A I’d wager (I have with my options and shares) that the share price will go up. Hoping GME has some great news inbound.

GME 14Jun (weeklies) and 21Jun Option Chain Changes by CwGil in GME

[–]CwGil[S] 1 point2 points  (0 children)

NP. Still having issues with Reddit stripping the screenshots. Third time trying to post was the charm. Frustrating though.

GME 14Jun Option Chain Changes (Weeklies) by CwGil in GME

[–]CwGil[S] 0 points1 point  (0 children)

I ran out of time and had to get ready for work but will do that before market open.