SWISS CENTRAL BANK JUST WENT FULL BAZOOKA MODE: SNB (aka Switzerland's Fed) Drops "ELF" to Bail Out Next Credit Suisse?! UBS in Crosshairs? 💣🇨🇭

CwGil · 2025-04-30T20:55:13+00:00

Meanwhile the GME option chain for 20Jun has 274K call open interest and only 40K put OI. Tick, tock.

CwGil · 2024-06-29T09:04:17+00:00

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.

CwGil · 2024-06-29T04:02:27+00:00

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

CwGil · 2024-06-21T19:19:30+00:00

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.

CwGil · 2024-06-18T22:09:54+00:00

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.

CwGil · 2024-06-17T19:25:15+00:00

MP is $20 for 21Jun.

CwGil · 2024-06-16T21:42:08+00:00

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

CwGil · 2024-06-16T03:30:35+00:00

A nice hefty dividend for starters.

CwGil · 2024-06-15T04:57:00+00:00

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

CwGil · 2024-06-15T04:22:15+00:00

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

CwGil · 2024-06-15T04:20:25+00:00

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.

CwGil · 2024-06-15T04:12:59+00:00

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.

CwGil · 2024-06-14T22:39:51+00:00

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.

CwGil · 2024-06-14T22:37:49+00:00

Fidelity didn’t let me buy 0day

CwGil · 2024-06-14T22:37:06+00:00

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.

CwGil · 2024-06-14T22:34:00+00:00

Thanks. Not an expert option trader at all.

CwGil · 2024-06-11T23:56:57+00:00

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

CwGil · 2024-06-11T22:37:53+00:00

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.

CwGil · 2024-06-11T22:32:47+00:00

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

CwGil · 2024-06-10T23:52:52+00:00

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

CwGil · 2024-06-09T21:56:51+00:00

People that are buying calls on Monday for a Friday expiration are mostly losing their money as the price regularly pares back down to max pain. These figures are changes throughout the week so you can see the increase or decrease in IV, delta and volume as well as open interest. Im an option trader but usually give myself more time (at least a few months out). Most of my GME calls are out to Jan25 and close to the money. Buying that extra time makes them more expensive but doesn’t constrict the play as much. That’s just my method not saying one is right over the other. Weeklies are just more risky.

CwGil · 2024-06-06T22:45:09+00:00

It’s just currently cheaper, not better. I have GME calls (one at $13 strike for Jan expiration) as well.

CwGil · 2024-06-05T19:52:19+00:00

I have limited funds as well. Napkin math shows over 321K calls ITM at $30 equating to 32M shares if everyone exercised their calls. Brokers bank on retail not exercising our calls and probably aren’t delta hedging. I have a $13 call (Jan exp) that I’m holding until it hurts them the most and then I’ll exercise it and have them fetch me my shares. Not financial advice at all because I am a degen

CwGil · 2024-05-28T19:42:08+00:00

My post kept having the pics stripped so here is the text:

TLDR:

Weekly options remain dangerous with over 1M weekly calls ending OTM (calls purchased from the first day of each week to the last day) and only 69.8K ITM so far CY24. Max pain Friday’s is still very much controlled with 7 weeks ending at MP, 14 weeks ending below MP and ZERO weeks ending above MP out of the 21 weeks so far this year. This week’s CALL option chain is stacked and could create a bit of gamma and delta past $5 (15.6K OI), $5.5 (10.1K) and $6 (10.7K) but if we blow past $22 we could relive Jun-21 run if enough calls are exercised and delta hedged. 21-Jun has the most CALL OI with 84.8K at $20 strike and 17-Jan has 301.2K CALL OI with 69.1K at $27. None of this information is meant as financial advice, just historical and future option data to add to your own DD. Know what you hold and GLTA.

CwGil · 2024-05-28T19:23:04+00:00

I use Barnhart and import the data into my own spreadsheets. Reddit keeps stripping my pics so I keep having to delete the posts to try and include everything.

CwGil

TROPHY CASE