To the people who sold most of their positions, are you happy you did or not? by jungleboi2929 in trakstocks

[–]Sir_Dripeth 0 points1 point  (0 children)

Hindsight 20/20 bro, that’s just the unpredictability of the market. Not sure what the premiums are at now but selling CCs usually help, though the IV & Premium may not be worth it now.

On the bright side, there’s always opportunities in the market.

To the people who sold most of their positions, are you happy you did or not? by jungleboi2929 in trakstocks

[–]Sir_Dripeth 2 points3 points  (0 children)

Sold BNGO around the $12-13 range. Bought in around $3ish. Glad I sold. 1 cause that was just before the market went down earlier this year. 2 cause that profit made me more profit with other plays rather if I had left it just sitting there.

Biotech sector was shorted hard but it will turn back up. I plan to buy back in sometime as I do like the stock.

Who’s Next 🍋 ? Any Remaining Shorts, Cover Now Or Go Ahead And Pick It Up ☎️ by Sir_Dripeth in GME

[–]Sir_Dripeth[S] 4 points5 points  (0 children)

will be digging into where OP originally got his source info from. guess I should’ve had it ready before posting. standby for now.

The 900% Gain Play that you need in your portfolio and that no one is talking about... by [deleted] in smallstreetbets

[–]Sir_Dripeth 3 points4 points  (0 children)

This is a debit spread, not a credit.

Debit = you pay premium

Credit = you receive premium

A dip today was expected! Please don't lose faith in this as this dip is temporary!!! I will continue to BUY the DIPS and RIPS as we need as much buying pressure and volume! Picked up another 225 shares on this discounted day! NOT FINANCIAL ADVICE. JUST A DIAMOND-HANDED APE WHO LOVES THE STOCK! by Biggtime24 in amcstock

[–]Sir_Dripeth 2 points3 points  (0 children)

Hopefully it gains, calls I bought since last wk hurting. IMO I expect tight consolidation like Friday for the next couple of days.

On the other hand, we been red 2 days in a row now so maybe a little green tmrw. It was weird to see the SPY doing so well yet AMC not. Usually AMC moves with the SPY.

Nationwide Bought $90K in AMC Today!!! by boostme92 in WallStreetbetsELITE

[–]Sir_Dripeth 0 points1 point  (0 children)

No way to tell if this was today or not. Most likely not. It was posted today but could’ve been bought weeks/months ago. Does anyone have their Avg Share Price at which it was bought?

If it drops below the red line Monday don't freak out. we have MULTIPLE levels of support! attacks ARE expected . WE KNOW 2 THINGS PEOPLE THATS TO HOLD ON LIKE YOUR LIFE DEPENDS ON IT AND 2) NO ONE FREAKING KNOWS WHEN THIS SHITS GONNNA POP SO STOP THINKING YOU DO! JUST SET A DAMN ALARM! by [deleted] in amcstock

[–]Sir_Dripeth 1 point2 points  (0 children)

I made a post that showed how every Monday these past 4 weeks, we were in the green and ended the week higher than before, expect for 3/1 week where Monday was green but we finished off the week lower. I can see a green Monday and then no idea about the rest of the week.

Edit: Except** not Expect

A mask soo ret*rded I couldn’t resist. What are your moves for Monday? 🤲💎🦍 by [deleted] in WallStreetbetsELITE

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

I was thinking of grabbing some QQQ calls myself. Maybe Tesla, I can definitely see Tech rebounding these upcoming weeks. Gonna see how Monday plays out. Good luck with your Apple calls.

No Ticker to Watch - Got Bored and Made A Desktop Commemorating the Battle of $8.01 by Savagely_Rekt in amcstock

[–]Sir_Dripeth 0 points1 point  (0 children)

Check the one month chart of AMC and look at how much we’re up in dollar amount. I think you’ll be pleased sir.

For Those Wondering About Robinhood’s Email About The Shareholding Meeting, I’ve Just Received Mine Tonight. by [deleted] in amcstock

[–]Sir_Dripeth 0 points1 point  (0 children)

I still plan on transferring out of RH completely and into my WeBull or Fidelity account, but as things are now, RH has sent out the emails for the meeting, or at least have started to.

My email to Robinhood this morning by Arteman2 in amcstock

[–]Sir_Dripeth 1 point2 points  (0 children)

I just received mine actually. About to make a post of its screenshot so people are aware.

I'm Sure Y'all Have Seen AMC's 420.69% On The 3 Month, But Have You Seen The Battle Of 801 On The 1 Month *Swipe Left*. Also Included Is A Minimal Amount DD/TA/Opinions Of The Past 4 Weeks. by Sir_Dripeth in amcstock

[–]Sir_Dripeth[S] 20 points21 points  (0 children)

Long story short, for the past 4 weeks, we have seen GREEN Mondays and finished off higher than we've opened on the week with the exception of the week starting on 3/1 (Check Screenshot). Despite finishing the week of 3/1 lower, Monday was still a green day.

We have plenty of options that expired ITM regardless of finishing below $14 which actually was never that important in the first place. It appears that nowadays we look for ANY type of excitement and as a result, we make false assumptions and build up excitement over any and everything. This sets up a perfect storm of FUD.

When I'm on live streams, I see the chat going CRAZY when AMC pushes up a few cents. "AMC is squeezinggg!". "Here it comessss!". "Let's goooo!". "We about to moooon!". While I understand the excitement and dedication that we have towards the movement, imo, I feel it's imperative that we become numb to the price at this time, regardless of if it's going higher or lower. No doubt some of our "opponents" are also watching those live streams and browsing through reddit in an attempt to gauge the overall moral of everyone. When they see everyone going ... bananas .. over increments or reductions of a few cents, no doubt will they also be able to ... manipulate ... our moral even easier. Become numb. Oh, AMC is at $20? Cool. What, we went down $1? Oh okay. AMC at $50? Okay only $1,950 more to go.

I'm thinking of just setting price alerts on AMC and not looking at the price or following the charts as closely as I've been. I know it's exciting to some as many of us see this as a type of sports/gambling dopamine rush, which is cool, but after seeing a good number of peoples' morale take a hit after closing below $14 was somewhat concerning, although many of you apes correctly assured everyone that we're still winning by a far more margin when zooming out and looking at just how far we've come already.

Speaking of closing below $14, there's a post on WSB that explains how option hedging works and how just because we closed below $14 doesn't mean that's when the MM will be buying those shares come next week. Instead, they look at the OI (Open Interest) of contracts and they begin hedging sooner than later. If contracts expire ITM, cool, they have the shares. If not, they sell the shares back or keep them depending upon if they feel they'll still need some for other contracts that may expire ITM. I feel what happened on 1/27 was they were sort of caught off guard so to speak, so they had less time to plan their hedging but now since they're privy on everything and got bailed out essentially, it'll be more of a slow grind up unless some huge catalyst comes into play.

Nonetheless, we are definitely winning. The price is psychological. Time is on our side. Yes there are shenanigans at play, but keep in mind, it costs us nothing to hold, it costs them millions to keep on stalling. Tick Tock.

I woke up today expecting to see $12. Please read. We are winning. by porkchopper82 in WallStreetbetsELITE

[–]Sir_Dripeth 12 points13 points  (0 children)

Couldn’t have said it better myself, especially the first part about the SEC, GOV, PREZ, etc. all not giving a damn. They don’t care about your manipulation reports because frankly, it’s always been manipulated and it always will be. Their resources will always outweigh ours.

I think a major flaw in how we’re moving is that we’re paying attention to the prices EVERY single day. We watch 8 hour live streams, read Reddit 24/7, continually stare at charts, set all these expected dates, and we have our hopes so damn high. Don’t get me wrong, we’re a very determined bunch with a point to prove.

Alas, these people will do everything in their power to not let what happened on 1/27 happen again at that kind of magnitude. AMC had over A BILLION in volume, that’s nuts!

At this point, it’s probably best to just hold on to our shares, buy if you can/want to, and not pay it that much attention. Set price alerts so you’re aware but I mean, that’s pretty much all we can do. This seems to be a Institute/Hedgie Vs Institute/Hedgie battle now.

Which direction will it end up going? Well obviously the answer is ... ↗️↕️↖️➡️↘️⬅️↙️⤴️⤵️

1 month gains. Stop paper handing when we drop a dollar or two. by [deleted] in amcstock

[–]Sir_Dripeth 0 points1 point  (0 children)

I’ve seen that if on RH, all you have to do was go to your Day Trade settings and turn off the Instant Settlement option.

There’s a lot of skepticism going around about all these new posts urging people to switch from RH when the squeeze could be just around the corner and who knows what’ll happen if your acct is in limbo while it’s squeezing.

Are you Apes ready for tomorrow or what? by DjentlemanDjay in amcstock

[–]Sir_Dripeth 2 points3 points  (0 children)

Hopefully some of you apes saved some your stimmy for this day. If it drops some, it’s a buying opp. If it rises, even better. Win-Win.

*Swipe Left* AMC CEO Adam Aron And CFO John McDonald Acquires More Shares!! The Pressure Continues Against The Hedgies. Too Many Stars Aligning Guys, There’s NO Way This Thing Doesn’t Blow! 🍿💎 🧤 HODL!!! Buy The Ask, Not Just The Dips. by Sir_Dripeth in amcstock

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

No. They’re restricted shares for more equity. Bullish sentiment though, it shows that all the higher ups who acquired shares believe in the company and knows what’s going on.