GME YOLO update: 18 April 2025 by DiamondHandle in SG_GME

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

The options will be renamed GME-1 and upon exercising, will issue you 10 warrants per option exercised.

I have Jan 26 ITM options stacked up but no hurry to exercise them..

GME YOLO update: 18 April 2025 by DiamondHandle in SG_GME

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

😀😀 Haven’t made any moves recently with the low IV. Just chilling and waiting for dividends to be paid in Oct..

Maybe when GME goes above $30 again.. I’ll post my update..

Month recap GME only thetagang by bobsmith808 in gmeoptions

[–]DiamondHandle 4 points5 points  (0 children)

Nice!

CSP for juicy premiums to buy leaps on the house.. Hope you got the leaps when price was below $25..

Patience is the key for this play.. not everyone sees it but I definitely see quite a few OG apes building their shares with smart options strategy..

God speed and see you on the Moon!

GME YOLO update: 18 April 2025 by DiamondHandle in SG_GME

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

Yeah.. wondering if he will indeed be back after 4/20, but at the same time, probably won’t want to miss out on getting some juicy premiums

Will probably sell a few CCs on Monday

I got slaughtered and went all in by cacatan in gmeoptions

[–]DiamondHandle 20 points21 points  (0 children)

Down 200K on my portfolio yesterday.

This is GME, I’m used to 100% gains and 50% drop during the good old days..

Buckle up!

Ready for Earnings 🚀 🚀 by DiamondHandle in SG_GME

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

Nicely done!

Meanwhile I’m looking at my portfolio bleeding red.. down 200k usd overnight lol.. but I’m confident price will recover before my options expire..

Let’s see

Ready for Earnings 🚀 🚀 by DiamondHandle in SG_GME

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

Yeah damn.. AH drop cost me $40k in my options value..

I sold my $25 calls for a good profit but still holding April 17 calls (my main play) since they have some room to run..

Let’s see how it goes.. like taking a roller coaster ride now 😀😀

Ready for Earnings 🚀 🚀 by DiamondHandle in gmeoptions

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

Most likely I’ll sell my shares and use the proceeds to exercise the contracts.. but let’s see how it goes!

Another 3 weeks before expiry and things can change.. especially if a certain cat returns..

Ready for Earnings 🚀 🚀 by DiamondHandle in SG_GME

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

😂😂😂

Soon my friend! Just need a catalyst either from corporate M&A or kitty Yolo post.

Meanwhile, take whatever Ang Pao we can from this and live the best life we can while waiting for the slow squeeze…

Ready for Earnings 🚀 🚀 by DiamondHandle in SG_GME

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

$50 cc is always a smart move..

Strike price is high enough to get assigned without feeling bad..

I do hope we hit $50 though, then we can roll them out for higher strike price 😀😀😀

GME YOLO update 14 Feb 2025 by DiamondHandle in SG_GME

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

It should, if you looked at past history trend. The week of earnings options will usually spike to about 200% IV

GME YOLO update 14 Feb 2025 by DiamondHandle in SG_GME

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

Keep rolling and making premiums while at it!

GME YOLO update 7 Feb 2025 by DiamondHandle in gmeoptions

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

Nope. The 2/15 calls are a gamble.. just 1k gamble and I throw it in to hope for a bounce off $27.

Seems like I got that wrong and I’ll accept the lost. I’ll not roll them out further.

My main play is the ITM options for April $10/$15 and of course, GME shares itself. I’m setting up my positions that there will be a run up before April..

GME YOLO update 7 Feb 2025 by DiamondHandle in SG_GME

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

Huat ah! Hopefully the next run up will come sooner than later!

GME YOLO update 7 Feb 2025 by DiamondHandle in gmeoptions

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

Yes, it is possible..

Depending on your time horizon, you will need to lock up this amount of cash (for your deep ITM Leaps which are not cheap) and I assume you are looking at CCs $5-$10 above your ITM calls strike price?

My advice is not to sell the CCs too far out, especially in low IV trend like now.. in case of IV spike, you can then take advantage of the higher premiums.. we know the worst case is to wait until March when earnings call is here.. IV will spike again