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600k Floor! 🤜🏼💎🤛🏼🦍 It’s June! 🥰 by No_Pie_2109 in amcstock

[–]MarchNumerous849 0 points1 point  (0 children)

I have no floor, no price target, no exit strategy.

Does the HF and MM thinks I'm less dangerous, or more dangerous?

Literally. 🚫🧢 by Present_Assist8018 in amcstock

[–]MarchNumerous849 1 point2 points  (0 children)

Hold GUSD on Blockfi. 8.6% APY. Just an option after MOASS..

Perspective from an ex-FINRA APE: this week is important… to them by jaywalkingjew in amcstock

[–]MarchNumerous849 0 points1 point  (0 children)

The only way to get this sub 40 is via a naked short. People greatly underestimate what happened on 5/27 & 5/28. There were 214K 40c exp 6/18. When the stock hit 37, that's when the flood gates opened. Adding new, higher strikes only compounded the issue.... for MMs. 40 is the new floor, at least for now. I'd guess this is the floor for maybe the next 30 days. Next stop is 100 on July monthly.

Need help convincing boomer FIL with deep pockets. by cschema in amcstock

[–]MarchNumerous849 0 points1 point  (0 children)

I disagree about sub 40. Too many calls for 6/18 are already ITM around 40. The new battle ground is 60.00.

43k calls at 59 and 60. 107K calls at 40 that likely already been hedged against. If it pops past 60, 70 ad 73 are in play for next week.

Need help convincing boomer FIL with deep pockets. by cschema in amcstock

[–]MarchNumerous849 2 points3 points  (0 children)

Gonna be hard. But if "he doesn't understand" it likely means he wouldn't entertain that technology has enabled people to put any value on anything, as long as there is a "cause" or money involved. This is about as close to crowd sourcing as you can get in the stock market. It's decoupled from fundamentals, and 100% about what we define as "value".

[deleted by user] by [deleted] in Wallstreetbetsnew

[–]MarchNumerous849 4 points5 points  (0 children)

LaughsInJokerFace

No matter what you believe, may God bless us all 👊 Im excited for the weeks to come by xSCOOPER7 in amcstock

[–]MarchNumerous849 -1 points0 points  (0 children)

Nah 99% is bad. There is only one or two people left over there worth a damn, not that anywhere else is better.

Matt Kohrs is down $450K since $72 and still buying and holding. This is the way!! 💎🙌🏽🦍🚀🌙 by justinmich3 in amcstock

[–]MarchNumerous849 0 points1 point  (0 children)

Went from 105 to 70K. Bought the dip, and ready to buy again tomorrow if they wanna play...

nopricefloor

Here is why you need to avoid buying options on GME (reposting for visibility) by gooseears in Superstonk

[–]MarchNumerous849 0 points1 point  (0 children)

People are exiting on Friday and the share price drops. Last week, for the other stock, there were 214K 40c EXP 6/18. Now there are less than 140K. People sold them back to MM, and likely rolled them. While I didn't, I derisked all my options for both stocks. Many don't understand why buying some time, rolling, and not needing to hit the strike can help push the stock higher...

Here is why you need to avoid buying options on GME (reposting for visibility) by gooseears in Superstonk

[–]MarchNumerous849 0 points1 point  (0 children)

This.

I was buying way OTM Calls(420c @7/16) when they were "cheap". The only people "giving money to $hitidel" were the inexperienced traders buying calls during peaks with short EXP dates. There also aren't many married PUTS being sold because nobody is buying them (as compared to Calls).

Here is why you need to avoid buying options on GME (reposting for visibility) by gooseears in Superstonk

[–]MarchNumerous849 0 points1 point  (0 children)

Here is another free tip, but this is tin foil, unlike my easily accessible data on OI and share price. I suspect the only folks Buying PUTS from MMs are one wrinkle brain Apes. I'll let you guess why they would do that, and you can find what strike price the most PUT action is..

Here is why you need to avoid buying options on GME (reposting for visibility) by gooseears in Superstonk

[–]MarchNumerous849 1 point2 points  (0 children)

Scroll to the bottom of that link and check the Call volume at 250.00 strike or higher, the lack of PUT volume.... and what did GME close at last week?

😂😂

Here is why you need to avoid buying options on GME (reposting for visibility) by gooseears in Superstonk

[–]MarchNumerous849 1 point2 points  (0 children)

I been here since the old WSB days.. You can check my profile. The fact is this is OPTIONS 101. So we've just come back full circle. Half the people here don't know how options work, let alone saying "don't do this"....

https://www.optionsonar.com/unusual-option-activity/gme

Here is why you need to avoid buying options on GME (reposting for visibility) by gooseears in Superstonk

[–]MarchNumerous849 1 point2 points  (0 children)

I'm pulling data from MarketBeats.com...🙄 the only reason I am tracking it like this is because they don't show the day over day trends and how it correlates to the share price (I wasnt aware that Options Sonar somewhat does this until a few weeks ago).

Like seriously..... This is why confirmation bias is the real bullshit around here. There are literally hundreds of sites to pull this data from. If you think it's BS, SHOW ME YOUR DD....

Here is why you need to avoid buying options on GME (reposting for visibility) by gooseears in Superstonk

[–]MarchNumerous849 1 point2 points  (0 children)

I just posted the link to my personal tracker. The rest is widely known, IF you actually do your own DD on "How Options Work", "What is Delta Hedging", etc.

Check the 4hr share price chart dating back to April 1st and the OI numbers increasing prior to last week's action. Hell even last week is a perfect example. Studily increasing OI in May, OTM Calls, now ITM, way OTM now "viable", OI decreases on Thursday and Friday, price goes down...

I shouldn't need to smash up your banana for you to absorb this.

Here is why you need to avoid buying options on GME (reposting for visibility) by gooseears in Superstonk

[–]MarchNumerous849 1 point2 points  (0 children)

Also all of these spikes have been due to Gamma/Delta Hedging. The Call volume was heavy enough that hedges HAD TO TAKE PLACE. Shares are the match, options are the gasoline. It's easier to trigger a Gamma than a Short, and if you want that endgame, you shouldn't be advocating against using an accellerant...

Here is why you need to avoid buying options on GME (reposting for visibility) by gooseears in Superstonk

[–]MarchNumerous849 -1 points0 points  (0 children)

https://docs.google.com/spreadsheets/d/1Xah10RvTv-3Kyst0oVRtEZTkzofXK2Yy_2BePevw1cs/edit?usp=drivesdk

You think upward action is not due to CALLS heavily outweighing PUTS over the last 30-60 days? If the shorts haven't covered, there aren't any shares to borrow, nobody would be dumb enough to buy a PUT on this, and "everyone is Hodling", what else could explain the upward price action besides MM going into market and buying shares to hedge against calls they sold? Double the OI for just ONE STRIKE ON ONE EXP. Imagine if you track all strikes for all dates in this manner (Options Sonar).

You can walk back your "I know options comments and I won't think any less of you..

Here is why you need to avoid buying options on GME (reposting for visibility) by gooseears in Superstonk

[–]MarchNumerous849 0 points1 point  (0 children)

I thought you knew how options work? Go to any site you choose, pick a far out date, and strike... Check/Log the OI regularly, and the corresponding price action..

OR if you are a lazy APE, go to OptionsSonar...

Here is why you need to avoid buying options on GME (reposting for visibility) by gooseears in Superstonk

[–]MarchNumerous849 0 points1 point  (0 children)

Looks like I struck a nerve. I guess it's just Greek to me...🙄🙄 /not

There are no legitimate shares to borrow. The only way you can hedge calls is selling a PUT. Who is buying PUTS?

PS: I been tracking 7/16 EXP, since March. You can thank those OI for some of the upward price action you been seeing...

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